In 2021, tuition for full-time Alice Lloyd College students was $12,000 a year.
Tuition was the same price in 2023 as it was the year before. Usually, college tuition rises about 3% year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college feel more doable until you've finishing school and found a job.
Alice Lloyd College meets 64.22% of the demonstrated financial need for undergraduates. First-year students that attend Alice Lloyd College full-time are awarded $14,499 a year in financial aid, on average.
The average student debt for graduates in the class of 2023 was around $19,068 per student, not including those with no debt.
Alice Lloyd College is a private, nonprofit institution, which means it has the same tuition for residents of KY as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as KY residents.
Attending a school where you are eligible for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.
Alice Lloyd College has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Alice Lloyd College-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Alice Lloyd College.
Room and board at Alice Lloyd College is $7,390 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Alice Lloyd College's on-campus cafeterias and dining facilities.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is sometimes expensive, but there may be more trains, busses and affordable flights to actually get to school. Alice Lloyd Collegeis in a rural area in KY.
When budgeting for college, don’t forget to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Alice Lloyd College.
What will the cost of attending Alice Lloyd College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $12,000 |
Room and Board | $7,390 |
Other expenses | $5,100 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $28,120 |
Off-Campus | $20,830 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Alice Lloyd College undergrads use financial aid to finance their education. In 2023, 515 of the 584 undergrads enrolled received financial aid. Alice Lloyd College meets 64.22% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,499 a year. Around 69% of Alice Lloyd College undergrads take out student loans to cover any remaining costs. Alice Lloyd College graduates who have student loans graduate with an average of $19,068 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $19,068 |
Private Loans | $0 |
Most Common Loans for Alice Lloyd College Students | |
---|---|
Federal Loans | 69% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Alice Lloyd College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Alice Lloyd College awarded 513 need-based scholarships to students, giving away total of $6.1 million to help students with financial need cover the cost of school. An additional $730,000 in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Alice Lloyd College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Alice Lloyd College was $14,499 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Alice Lloyd College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $13,621 |
Off-Campus | $6,331 |
What will attending Alice Lloyd College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Alice Lloyd College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
As of 2021, the total market value of Alice Lloyd College's endowment was $40.8 million. The average college endowment was $905 million in 2021. The school spends $4,350 for each full-time student enrolled.
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Tuition & Fees
$23,020
In State$23,020
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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