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7.3%Acceptance
$67,280Tuition
1,907Students
93%Grad Rate (6-yr)
$77,644Earnings
#11 in MassachusettsPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$67,280
Out-of-State Tuition
$67,280
Average Net Price
$18,246
Students Receiving Financial Aid
21.6%
Room & Board (On Campus)
$17,560
Room & Board (Off Campus)
$17,560
Books & Supplies
$1,000
Total Cost of Attendance
$85,840
Median Debt at Graduation
$13,740
Estimated Monthly Loan Payment
$146/mo
Loan Repayment Rate
80.0%
Students Taking Federal Loans
8.8%
Pell Grant Recipients
21.6%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $1,888
$30,001 – $48,000 $1,868
$48,001 – $75,000 $6,112
$75,001 – $110,000 $20,179
$110,001+ $50,358

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most Amherst families pay far less than the $85,840 sticker price. The average net cost drops to $18,246 thanks to the college's generous aid policies. Families earning under $48,000 pay less than $1,900 annually, while those making $75,000-$110,000 typically pay around $20,000. Even high earners save , with families above $110,000 paying roughly $50,000. Over four years, middle-class families can expect total costs between $80,000-$200,000 depending on income.

Graduates who do borrow leave with just $13,740 in debt. Monthly loan payments average $146, easily manageable against median earnings of $77,644 ten years out. Only 8.75% of students take federal loans, reflecting Amherst's no-loan financial aid policy. Students from lower-income backgrounds get the best deal here, attending one of America's most strong liberal arts colleges for practically nothing while building wealth rather than debt.

Official Net Price Calculator

Get a personalized cost estimate from Amherst College:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.