On average, college tuition rises about 3% year.
If this makes attending the college of your dreams feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students pay far less than the sticker price 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 you've finishing school and found a job.
Wheaton College meets 83.1% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Wheaton College is around $49,406 a year.
Graduates in the class of 2023 had an average of $37,863 in student loans per borrower.
Wheaton College is a private, nonprofit institution, which means it has the same tuition for residents of Massachusetts as it does for residents from other states.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Massachusetts residents.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to verify your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. 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 where you live.
Explore other Massachusetts colleges
Wheaton 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 federal financial aid, but should research private or Wheaton College-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Wheaton College:
•On-campus jobs •Wheaton College-specific loans •Wheaton 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; 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 Wheaton College.
Board costs can depend on the number of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual 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 used textbooks and materials.
The majority of colleges also have fees to offsets cost associated with maintaining 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 playing on an intramural sports team. Many schools have resources for students with financial need to get help covering these costs.
The cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get 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 are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. At Wheaton College, freshman are allowed to park on campus.
Where are a college is located 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 flip side, transportation in an urban area can be pricey, but there may be more buses, trains and low-cost flight options to actually get to school. The Wheaton College campus is in a suburb in Massachusetts, near Boston.
When budgeting for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
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 Wheaton College.
What will the cost of attending Wheaton 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.
Wheaton College’s tuition and fees change based on: •Course load for both full and part-time students
The majority of Wheaton College undergrads use financial aid to finance their education. In 2023, 1,176 of the 1,668 undergrads enrolled received financial aid. Wheaton College meets 83.1% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $49,406 a year. Around 66% of Wheaton College undergrads take out student loans to cover any remaining costs. Wheaton College graduates who have student loans graduate with an average of $37,863 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $24,703 |
Wheaton College-Specific Loans | $6,700 |
Private Loans | $41,171 |
Most Common Loans for Wheaton College Students | |
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Federal Loans | 66% |
Institutional Loans | 3% |
Private loans | 21% |
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 Wheaton 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.
In 2023, Wheaton College awarded 1,175 need-based scholarships to students, giving away total of $48.7 million to help students with financial need cover the cost of school. An additional $15.13 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Wheaton 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 Wheaton College was $49,406 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Wheaton College seem more manageable.
What will attending Wheaton 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Wheaton 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.
Wheaton College does not have guaranteed tuition.
Wheaton 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 waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Wheaton 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.
Wheaton College's endowment was valued at $210.6 million in 2023, compared to a national average of $905 million. The school spends $16,333 for each full-time student enrolled.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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