Hood College

In 2022, Hood College's tuition was $45,120 a year.

Tuition increased 3.01% in 2023–from $43,800 the prior year. On average, college tuition goes up about 3% every year.

If these numbers feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegemore manageable until you've finishing school and found a job.

Hood College meets 75.7% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Hood College is around $34,552 a year.

The average student debt for graduates in the class of 2023 was around $42,208 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Hood College

Hood College is a private, nonprofit institution, so it has the same tuition for residents of Maryland as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing an insitution where you are eligible for in-state tuition can save significant money on the cost of tuition, as well as loans and interest owed. Don't forget to confirm your state's eligibility criteria 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 additional requirements as well, depending on the state you and your parents currently reside in.

Explore other Maryland colleges

Hood College International Student Tuition

Hood 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 should research private or school-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Hood College:

•On-campus jobs •Hood College-specific scholarships

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

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Hood College Housing Expenses, 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 Hood College.

Room and Board Costs at Hood College

Housing and campus dining at Hood College is $14,250 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining halls. Students who live off campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of board-only is $7,542.

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

How Much Do Books Cost at Hood 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 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.

Yearly Fees

The majority of colleges also have fees to help cover the cost of 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. Many schools offer ways for students with financial need to find ways to lower or eliminate these costs.

The Cost of Transportation at Hood College

The 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 easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car 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, getting around in a city could be expensive, but cities may offer more trains, busses and affordable flights to actually get to school. The Hood College campus is in a suburb in Maryland, near Baltimore and Washington and DC.

Other Costs

When estimating your budget for college, be sure to consider the cost of things 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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Financial Breakdown for Hood College

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Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Hood College.

How Much Does Hood College Cost?

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

2023 Total Tuition and Expenses
Tuition	$45,120
Room and Board	$14,250
Board Only	$6,840
Other expenses	$1,856

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

Total Estimated Costs
On-Campus	$61,976
Off-Campus	$54,566

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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Hood College Financial Aid

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The majority of Hood College undergrads use financial aid to finance their education. In 2023, 913 of the 1,202 undergrads enrolled received financial aid. Hood College meets 75.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $34,552 a year. Around 80% of Hood College undergrads take out student loans to cover any remaining costs. Hood College graduates who have student loans graduate with an average of $42,208 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$25,801
Private Loans	$49,735

Most Common Loans for Hood College Students
Federal Loans	80%
Private loans	26%

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

Scholarships at Hood 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, Hood College awarded 913 need-based scholarships to students, giving away total of $29.5 million to help students with financial need cover the cost of school. An additional $8.94 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Hood College Net Cost

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 Hood 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 Hood College was $34,552 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hood College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$27,424
Off-Campus	$20,014

What will attending Hood 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Hood College's net cost calculator on their website.

Hood College Tuition Payment Plans

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

Hood College does not have guaranteed tuition.

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

Does Hood College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to 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, students are usually responsible for housing, meal plans, and other expenses.

Hood 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.

Hood 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 Hood College's endowment was $134.2 million. The average college endowment was $905 million in 2021. The school spends $9,770 for each full-time student enrolled.

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Learn More About Hood College

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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