Quantcast

Wofford College Tuition & Cost


How much does it cost to attend?

Sticker Price
$57,749
Costs for Wofford College
Fee Cost
Tuition$40,510
Books and Supplies$1,200
Other Fees$1,445
Room and Board $12,140
Other Expenses Budget$2,454

Annual Prices

The annual list price to attend Wofford College on a full time basis for 2017/2018 is $57,749 for all students regardless of their residency. This fee is comprised of $40,510 for tuition, $12,140 room and board, $1,200 for books and supplies and $1,445 for other fees. Out of state tuition for Wofford College is $40,510, the same as South Carolina residents.


Sponsored

Net Price

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

Average Net Price 2017/2018
$27,101
Net Price by Income Wofford College
Family Income Net Price Paid
$0 to $30,000$12,737
$30,001 to $48,000$21,127
$48,001 to $75,000$20,635
$75,001 to $110,000$26,015
$110,000+$30,538

The average reported annual net price for Wofford College for students receiving grants or scholarship aid was $27,101 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Wofford College
Type Avg./Student Students Receiving
Annual Total Grant Aid $28,158 93%
Pell Grant $4,147 14%
Federal Student Loan $5,404 45%

The average reported annual net price for Wofford College for students receiving grants or scholarship aid was $27,101 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Wofford College, we've modeled a ten year student loan with an original principal value of $83,088. The loan balance of $83,088 is a four year multiple of the $20,772 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 $868 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 4.7%.

Example Loan $83,088
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $867.53
Total Interest Paid $21,016.02
Sum of All Loan Payments $104,104.02

Projected 4 Year Degree Price

4 Year Sticker Price
$230,996
Year 1 Year 2 Year 3 Year 4
All Residents $57,749 $60,210 $62,775 $65,450

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Wofford College to be $230,996 - assuming graduation in normal time. The estimation assumes a 4.3% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at Wofford College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,675 $5,025 $6,700

Estimated cost for a class at Wofford 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 Wofford College versus other colleges.

Tuition Payment Plans Available

Wofford 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=218973 IPEDS survey data for Wofford College.