Berea College

Usually, college tuition rises about 3% year.

Remember, the displayed price of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

Berea College meets 99.7% of the demonstrated financial need for undergraduates. First-year students that attend Berea College full-time are awarded $53,070 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $5,208 of debt.

Berea College: In-state vs. Out-of-State Tuition

Berea College is a private, nonprofit institution, so it has the same tuition for students from 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 reduced tuition for those who qualify as KY residents.

Choosing an insitution where you qualify for the reduced tuition offered to state residentscan save on the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's rules for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently reside in.

Explore other KY colleges

Is Berea College's Tuition Different for International Students?

Tuition at Berea College is the same for each student.

Students from outside of the U.S. are not eligible for federal financial aid, but should research private or Berea College-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Berea College:

•On-campus jobs •Loans from outsideBerea College •Berea College-specific loans •Berea College-specific scholarships

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Berea College Room, Board, Fees, and More

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Tuition is not the only cost of attending college; 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 Berea College.

House and Food Costs at Berea College

Meal-plan costs can depend on the number of meals you intend to eat on-campus

Cost of Books at Berea College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be optional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have resources for students with financial need to get help covering these costs.

The Cost of Transportation at Berea College

The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus walkable? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At Berea College, freshman are not allowed to park on campus.

The location of a college or university can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city may be costly, but cities may offer more trains, busses and low-cost flight options to actually get to school. Berea Collegeis in a town in KY.

Other Costs

When you're planning for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Berea College

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Berea College.

Total Cost of Berea College

What will the cost of attending Berea College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Berea College

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The majority of Berea College undergrads use financial aid to help pay for school. In 2023, 1,432 of the 1,433 undergrads enrolled received financial aid. Berea College meets 99.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $53,070 a year. Around 39% of Berea College undergrads take out student loans to cover any remaining costs. Berea College graduates who have student loans graduate with an average of $5,208 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$6,914
Berea College-Specific Loans	$2,110
Private Loans	$0

Most Common Loans for Berea College Students
Federal Loans	22%
Institutional Loans	24%

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 Berea College financial aid, keep reading, or visit their financial aid website.

Scholarships at Berea College

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, Berea College awarded 1,432 need-based scholarships to students, giving away total of $78.2 million to help students with financial need cover the cost of school.

Net Cost of Berea College

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 Berea 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 Berea College was $53,070 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Berea College seem more manageable.

What will attending Berea 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 understand the actual cost of attending that school, based on their financial situation. You can find the Berea College's net cost calculator on their website.

Berea College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Berea College does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Berea College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a 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.

Berea College's Endowment

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 2022, the total market value of Berea College's endowment was $1.419 billion. The average college endowment was $905 million in 2021. The school spends $99,206 for each full-time student enrolled.

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Learn More About Berea College

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