Cost Details
- In-State Tuition
- $55,746
- Out-of-State Tuition
- $55,746
- Average Net Price
- $16,882
- Students Receiving Financial Aid
- 45.3%
- Room & Board (On Campus)
- $12,570
- Room & Board (Off Campus)
- $12,570
- Books & Supplies
- $850
- Total Cost of Attendance
- $69,166
- Median Debt at Graduation
- $27,000
- Estimated Monthly Loan Payment
- $286/mo
- Loan Repayment Rate
- 75.4%
- Students Taking Federal Loans
- 66.6%
- Pell Grant Recipients
- 45.3%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $11,241 |
| $30,001 – $48,000 | $10,541 |
| $48,001 – $75,000 | $14,936 |
| $75,001 – $110,000 | $20,176 |
| $110,001+ | $25,793 |
Cost Estimator
Cost Overview
Most families pay far less than Albion's $69,166 sticker price. The average net price drops to $16,882 after aid, meaning a four-year degree costs around $67,528. Low-income families with household earnings under $30,000 pay just $11,241 annually, while those earning over $110,000 pay $25,793. This sliding scale reflects Albion's commitment to accessibility despite its private liberal arts positioning.
Graduates leave with a median debt of $27,000, translating to monthly payments of $286. With median earnings hitting $58,799 ten years out, that debt burden represents about 6% of gross income. The 75% loan repayment rate suggests most alumni manage their obligations successfully. Nearly half of students receive Pell Grants, indicating significant economic diversity. Families earning under $75,000 get the strongest value proposition, often paying less than many public universities while receiving the intensive mentoring that comes with an 11:1 student-faculty ratio.
Graduates leave with a median debt of $27,000, translating to monthly payments of $286. With median earnings hitting $58,799 ten years out, that debt burden represents about 6% of gross income. The 75% loan repayment rate suggests most alumni manage their obligations successfully. Nearly half of students receive Pell Grants, indicating significant economic diversity. Families earning under $75,000 get the strongest value proposition, often paying less than many public universities while receiving the intensive mentoring that comes with an 11:1 student-faculty ratio.
Official Net Price Calculator
Get a personalized cost estimate from Albion College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.