Hobart and William Smith Colleges

In 2022, tuition for full-time students at Hobart and William Smith Colleges was $60,350 a year.

Tuition increased 2.46% in 2023–from $58,900 the prior year. On average, colleges raise tuition about 3% each year.

If this information makes going to college 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 total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until after graduation.

Hobart and William Smith Colleges meets 84.4% of the demonstrated financial need for undergraduates. First-year students that attend Hobart and William Smith Colleges full-time are awarded $50,211 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $37,668 of debt.

Hobart and William Smith Colleges: In-state vs. Out-of-State Tuition

Hobart and William Smith Colleges is a private, nonprofit institution, which means it has the same tuition for residents of New York as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to check your state's criteria for in-state tuition. 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 as well, depending on the state you and your parents currently live in.

Explore other New York colleges

Hobart and William Smith Colleges International Student Tuition

Tuition at Hobart and William Smith Colleges is the same for every student.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at Hobart and William Smith Colleges:

•On-campus jobs •Hobart and William Smith Colleges-specific scholarships

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

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Hobart and William Smith Colleges Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Hobart and William Smith Colleges.

Room and Board Costs at Hobart and William Smith Colleges

Room and board at Hobart and William Smith Colleges costs $16,910 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the Hobart and William Smith Colleges's on-campus cafeterias and dining halls.

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

How Much Do Books Cost at Hobart and William Smith Colleges?

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 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.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also 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 resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Hobart and William Smith Colleges

The total cost of transportation in college depends on a few key factors. 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 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 factors can make a big difference in your transportation budget. At Hobart and William Smith Colleges, freshman are allowed to park on campus.

The location of a college or university can impact the amount you'll have to spend just to get around. 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 might be costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Hobart and William Smith Colleges campus is located in a town in New York, near Rochester and Syracuse.

Other Costs

When budgeting for college, don’t forget to consider 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.

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The Full Cost of Attending Hobart and William Smith Colleges

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Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Hobart and William Smith Colleges.

Total Cost of Hobart and William Smith Colleges

What will the cost of attending Hobart and William Smith Colleges be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$60,350
Room and Board	$16,910
Other expenses	$600

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

Total Estimated Costs
On-Campus	$80,410
Off-Campus	$62,900

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 Hobart and William Smith Colleges

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The majority of Hobart and William Smith Colleges undergrads use financial aid to help pay for school. In 2023, 1,059 of the 1,663 undergrads enrolled received financial aid. Hobart and William Smith Colleges meets 84.4% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $50,211 a year. Around 72% of Hobart and William Smith Colleges undergrads take out student loans to cover any remaining costs. Hobart and William Smith Colleges graduates who have student loans graduate with an average of $37,668 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,198
Private Loans	$56,540

Most Common Loans for Hobart and William Smith Colleges Students
Federal Loans	71%
Private loans	18%

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 Hobart and William Smith Colleges financial aid, keep reading, or visit their financial aid website.

Scholarships at Hobart and William Smith Colleges

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, Hobart and William Smith Colleges awarded 855 need-based scholarships to students, giving away total of $48.8 million to help students with financial need cover the cost of school. An additional $16.56 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Hobart and William Smith Colleges

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 Hobart and William Smith Colleges 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 Hobart and William Smith Colleges was $50,211 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hobart and William Smith Colleges seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$30,199
Off-Campus	$12,689

What will attending Hobart and William Smith Colleges 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 Hobart and William Smith Colleges's net cost calculator on their website.

Hobart and William Smith Colleges Tuition Payment Plans

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

Hobart and William Smith Colleges does not have guaranteed tuition.

Hobart and William Smith Colleges offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Hobart and William Smith Colleges Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Hobart and William Smith Colleges 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.

Hobart and William Smith Colleges'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 Hobart and William Smith Colleges's endowment was $297.7 million. The average college endowment was $905 million in 2021. The school spends $16,733 for each full-time student enrolled.

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Learn More About Hobart and William Smith Colleges

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