Goshen College

In 2022, tuition for full-time students at Goshen College was $37,760 a year.

In 2023, tuition increased 3%–from $36,660 the previous year. On average, college tuition goes up about 3% every year.

If this makes attending the college of your dreams seem daunting, remember, the "sticker price" of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Goshen College meets 82% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Goshen College is around $31,911 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $29,026 of debt.

Does Goshen College Offer In-State and Out-of-State Tuition?

Goshen College is a private, religious institution, so it has the same tuition for students from Indiana as it does for residents from other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you are eligible for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Don't forget to check your state's requirements for as an in-state resident. 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 as well, depending on the state you and your parents currently live in.

Explore other Indiana colleges

Goshen College International Student Tuition

Goshen 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 Goshen College-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Goshen College:

•On-campus jobs •Athletic Awards •Goshen College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Goshen College Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Goshen College.

House and Food Costs at Goshen College

Housing and campus dining at Goshen College costs $11,320 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the school dining halls.

Board costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at Goshen College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and what kinds of books and materials they require. 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 also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may 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 so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Goshen College

The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your transportation budget. At Goshen College, freshman are allowed to park on campus.

Where are a college is located can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city could be costly, but there may be more trains, busses or affordable flights to actually get to school. The Goshen College campus is in a town in Indiana.

Other Costs

When creating a budget for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Goshen College

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Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Goshen College.

Total Cost of Goshen College

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

2023 Total Tuition and Expenses
Tuition	$37,760
Room and Board	$11,320
Other expenses	$1,650

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

Total Estimated Costs
On-Campus	$50,730
Off-Campus	$39,410

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.

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Financial Aid at Goshen College

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The majority of Goshen College undergrads use financial aid to help pay for school. In 2023, 483 of the 717 undergrads enrolled received financial aid. Goshen College meets 82% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,911 a year. Around 68% of Goshen College undergrads take out student loans to cover any remaining costs. Goshen College graduates who have student loans graduate with an average of $29,026 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,506
Private Loans	$35,457

Most Common Loans for Goshen College Students
Federal Loans	68%
Private loans	13%

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

Scholarships at Goshen 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, Goshen College awarded 483 need-based scholarships to students, giving away total of $12.2 million to help students with financial need cover the cost of school. An additional $4.1 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Goshen 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 Goshen 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 Goshen College was $31,911 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Goshen College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$18,819
Off-Campus	$7,499

What will attending Goshen 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 Goshen College's net cost calculator on their website.

Goshen College Tuition Payment Plans

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

Goshen College does not have guaranteed tuition.

Goshen College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Goshen College 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 with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Goshen 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.

Goshen 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 Goshen College's endowment was $122.5 million. The average college endowment was $905 million in 2021. The school spends $12,957 for each full-time student enrolled.

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Learn More About Goshen College

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