In 2022, tuition for full-time students at Georgetown College was $41,020 a year.
In 2023, tuition increased 1.01%–from $40,610 the prior year. Usually, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theprice of collegemore manageable until you've finishing school and found a job.
Georgetown College meets 92.3% of the demonstrated financial need for undergraduates. First-year students that attend Georgetown College full-time are awarded $44,694 a year in financial aid, on average.
The average student debt for graduates in the class of 2023 was around $27,815 per student, not including those with no debt.
Georgetown College is a private, religious institution, so it has the same tuition for students from KY as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for students who are residents of that state.
Attending a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Take the time to check your state's criteria for in-state residency. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.
Georgetown College has the same tuition for international students as for those from out of state.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or Georgetown College-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Georgetown College:
•On-campus jobs •Athletic Awards •Georgetown College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
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 Georgetown College.
Housing and campus dining at Georgetown College is $11,386 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the Georgetown College's on-campus cafeterias and dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of board-only is $6,668.
Meal-plan costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual 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 books from students who have already taken the course.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways so that those who may struggle to participate because of cost can get help covering these costs.
The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
The location of a college or university can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is usually costly, but there may be more buses, trains and low-cost flight options to actually get to school. Georgetown Collegeis located in a suburb in KY, near Cincinnati and OH; Louisville ; Lexington.
When creating a budget for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Georgetown College.
What will the cost of attending Georgetown College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $41,020 |
Room and Board | $11,386 |
Board Only | $2,926 |
Other expenses | $1,620 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $55,016 |
Off-Campus | $47,636 |
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.
Georgetown College’s tuition and fees change based on: •Course load for both full and part-time students
The majority of Georgetown College undergrads use financial aid to help pay for school. In 2023, 968 of the 1,234 undergrads enrolled received financial aid. Georgetown College meets 92.3% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $44,694 a year. Around 67.88% of Georgetown College undergrads take out student loans to cover any remaining costs. Georgetown College graduates who have student loans graduate with an average of $27,815 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $22,454 |
Private Loans | $32,562 |
Most Common Loans for Georgetown College Students | |
---|---|
Federal Loans | 67.15% |
Private loans | 11.68% |
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 Georgetown 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, Georgetown College awarded 888 need-based scholarships to students, giving away total of $27.6 million to help students with financial need cover the cost of school. An additional $7.01 million 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 Georgetown 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 Georgetown College was $44,694 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Georgetown College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $10,322 |
Off-Campus | $2,942 |
What will attending Georgetown 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 Georgetown 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.
Georgetown College does not have guaranteed tuition.
Georgetown College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Georgetown College has some full or partial tuition waivers available for: - Employees or Children of Employees
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.
Georgetown College's endowment was valued at $37.4 million in 2023, compared to a national average of $905 million. For each full-time student, Georgetown College spends about $5,713 a year.
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Tuition & Fees
$53,396
In State$53,396
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
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