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#1 Best Value in Oregon

Reed Tuition & Cost

Portland, Oregon

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How much does it cost to attend?

Sticker Price
$75,671
Costs for Reed College
Fee Cost
Tuition$58,130
Books and Supplies$1,050
Other Fees$310
Room and Board $14,620
Other Expenses Budget$1,561

Annual Prices

The annual list price to attend Reed College on a full time basis for 2018/2019 is $75,671 for all students regardless of their residency. This fee is comprised of $58,130 for tuition, $14,620 room and board, $1,050 for books and supplies and $310 for other fees. Out of state tuition for Reed College is $58,130, the same as Oregon residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Reed College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$32,069
Net Price by Income Reed College
Family Income Net Price Paid
$0 to $30,000$13,630
$30,001 to $48,000$13,123
$48,001 to $75,000$19,277
$75,001 to $110,000$26,961
$110,000+$47,974

The average reported annual net price for Reed College for students receiving grants or scholarship aid was $32,069 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

55% of full-time undergrad Reed College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $41,067 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 46% of students received Federal Student Loans averaging $5,149 and 4% of undergrads took out private student loans averaging $17,247.

Finanical Aid Reed College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $41,067 55%
Institutional Grants and Scholarships $39,726 55%
Pell Grants $4,937 12%
Other Federal Grants $779 15%
State and Local Grants $3,200 1%
Federal Student Loans $5,149 46%
Other Student Loans $17,247 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Reed College, we've modeled a ten year student loan with an original principal value of $79,068. The loan balance of $79,068 is a four year multiple of the $19,767 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $754 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $79,068
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $754.40
Total Interest Paid $11,459.51
Sum of All Loan Payments $90,527.51

Projected 4 Year Degree Price

4 Year Sticker Price
$302,684
Year All Residents
1 $75,671
2 $79,058
3 $82,596
4 $86,293

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Reed College to be $302,684 - assuming graduation in normal time. The estimation assumes a 4.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Reed College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $2,473 $7,419 $9,892

Estimated cost for a class at Reed College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Reed College versus other colleges.

Tuition Payment Plans Available

Reed College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=209922 IPEDS survey data for Reed College.