Morehouse College

Usually, colleges raise tuition about 3% each year.

If these numbers sound impossible, remember, the advertized cost of tuition doesn't tell the full story. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay for college more manageable until after graduation.

First-year students that attend Morehouse College full-time are awarded $22,196.05 a year in financial aid, on average.

In 2020, students graduated with an average of $91,395.37 in student loans for each student with debt.

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

Morehouse College is a private, nonprofit institution, which means it has the same tuition for residents of Georgia as it does for students who live in 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 a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's rules for in-state tuition. 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 as well, depending on where you live.

Explore other Georgia colleges

Is Morehouse College's Tuition Different for International Students?

Tuition at Morehouse College is the same for all students.

International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or school-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Morehouse College:

•Morehouse College-specific loans •Morehouse College-specific scholarships

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

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Morehouse 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 Morehouse College.

Room and Board Costs at Morehouse College

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

Cost of Books at Morehouse 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 depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways so that those with demonstrated need to get help covering these costs.

The Cost of Transportation at Morehouse College

The cost of getting around 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 easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your estimated cost of transportation. At Morehouse College, freshman are not allowed to park on campus.

A school's location can also have a big effect on 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 other hand getting around in a city is sometimes expensive, but cities may offer more buses, trains or affordable flights to actually get to school. The Morehouse College campus is located in a city in Georgia, not far from Atlanta and Georgia.

Other Costs

When estimating your budget for college, don’t forget to factor in 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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The Full Cost of Attending Morehouse College

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Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Morehouse College.

How Much Does Morehouse College Cost?

What will the cost of attending Morehouse 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 Morehouse College

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The majority of Morehouse College undergrads use financial aid to help pay for school. In 2023, 1,668 of the 2,686 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $22,196.05 a year. Morehouse College graduates who have student loans graduate with an average of $91,395.37 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$0
State Loans	$12,520
Private Loans	$51,184.84

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

Scholarships at Morehouse 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, Morehouse College awarded 1,442 need-based scholarships to students, giving away total of $29.2 million to help students with financial need cover the cost of school. An additional $2.93 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Morehouse 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 Morehouse 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 Morehouse College was $22,196.05 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Morehouse College seem more manageable.

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

Morehouse College Tuition Payment Plans

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

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

Morehouse College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. 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.

Morehouse 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.

For more information about Morehouse College's endowment, check with the school directly.

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Learn More About Morehouse College

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

Overview

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