On average, college tuition rises about 3% year.
If this information makes going to college feel scary, remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.
For information on Sarah Lawrence College's financial aid options for first-year students, check with the school directly.
In 2020, students graduated with an average of $26,808 in student loans for each student with debt.
Sarah Lawrence College is a private, nonprofit institution, which means it has the same tuition for students from New York 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 a school where you qualify for the reduced tuition offered to state residentscan save significant money on the total cost of attending college. Take the time to check your state's rules for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on the state you and your parents currently reside in.
Explore other New York colleges
Sarah Lawrence College has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but should research private or Sarah Lawrence College-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Sarah Lawrence College:
•On-campus jobs •Sarah Lawrence College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
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 Sarah Lawrence College.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
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.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources so that those with demonstrated need to find ways to lower or eliminate these costs.
The total cost of getting around in college can really vary. 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 small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.
Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city is usually costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Sarah Lawrence Collegeis located in a suburb in New York, not far from New York City.
When estimating your budget for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Sarah Lawrence College.
What will the cost of attending Sarah Lawrence College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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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.
Sarah Lawrence College’s tuition and fees change based on: •Course load for both full and part-time students
Around 55% of Sarah Lawrence College undergrads take out student loans to cover any remaining costs. Sarah Lawrence College graduates who have student loans graduate with an average of $26,808 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $18,099 |
Private Loans | $44,597 |
Most Common Loans for Sarah Lawrence College Students | |
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Federal Loans | 54% |
Private loans | 11% |
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 Sarah Lawrence College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
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 Sarah Lawrence 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.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Sarah Lawrence College seem more manageable.
What will attending Sarah Lawrence 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 Sarah Lawrence College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Sarah Lawrence College does not have guaranteed tuition.
Sarah Lawrence College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Sarah Lawrence 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.
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 Sarah Lawrence College's endowment was $134.2 million. The average college endowment was $905 million in 2021. For each full-time student, Sarah Lawrence College spends about $24,508 a year.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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