Nichols College

In 2021, Nichols College's tuition was $38,825 a year.

In 2023, tuition increased 4.51%–from $37,150 the previous year. Usually, colleges raise tuition about 3% each year.

If these numbers feel scary, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay out of pocket more manageable until you've finishing school and found a job.

Nichols College meets 85% of the demonstrated financial need for undergraduates. First-year students that attend Nichols College full-time are awarded $30,891 a year in financial aid, on average.

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

Nichols College is a private, nonprofit institution, which means it has the same tuition for students from Massachusetts 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 tuition can cut the cost of college tuition. Take the time to verify your state's eligibility 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 where you live.

Explore other Massachusetts colleges

Is Nichols College's Tuition Different for International Students?

Nichols College has the same tuition for international students as for those from out of state.

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 who demonstrate financial need may qualify for the following types of financial support at Nichols College:

•Nichols College-specific scholarships

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

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Nichols College Room, Board, 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 Nichols College.

Room and Board Costs at Nichols College

Housing and campus dining at Nichols College costs $14,950 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the Nichols College's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $7,000.

Board costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at Nichols 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.

Annual 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 additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools offer resources so that those with demonstrated need to get help covering these fees.

The Cost of Transportation at Nichols College

The total cost of getting around 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 small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. At Nichols College, freshman are allowed to park on campus.

A school's location can also have a big effect on transportation costs. 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 can be expensive, but there may be more buses, trains and low-cost flight options to actually get to school. The Nichols College campus is located in a town in Massachusetts, not far from Boston.

Other Costs

When budgeting for college, don’t forget to consider personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Nichols College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Nichols College.

Total Cost of Nichols College

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

2023 Total Tuition and Expenses
Tuition	$38,825
Room and Board	$14,950
Other expenses	$1,500

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

Total Estimated Costs
On-Campus	$56,925
Off-Campus	$41,975

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 Nichols College

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The majority of Nichols College undergrads use financial aid to finance their education. In 2023, 929 of the 1,339 undergrads enrolled received financial aid. Nichols College meets 85% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $30,891 a year.

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

Scholarships at Nichols 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, Nichols College awarded 929 need-based scholarships to students, giving away total of $22.5 million to help students with financial need cover the cost of school.

Net Cost of Nichols 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 Nichols 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 Nichols College was $30,891 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Nichols College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$26,034
Off-Campus	$11,084

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

Nichols College Tuition Payment Plans

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

Nichols College does not have guaranteed tuition.

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

Does Nichols College Offer Tuition Waivers?

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

Nichols 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.

Nichols 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.

Nichols College's endowment was valued at $15.4 million in 2023, compared to a national average of $905 million. The school spends $4,703 for each full-time student enrolled.

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Learn More About Nichols 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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