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10.8%Acceptance
$64,862Tuition
1,705Students
88%Grad Rate (6-yr)
$62,830Earnings
#1 in IowaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$64,862
Out-of-State Tuition
$64,862
Average Net Price
$15,608
Students Receiving Financial Aid
16.9%
Room & Board (On Campus)
$15,878
Books & Supplies
$800
Total Cost of Attendance
$81,540
Median Debt at Graduation
$17,500
Estimated Monthly Loan Payment
$186/mo
Loan Repayment Rate
88.6%
Students Taking Federal Loans
11.6%
Pell Grant Recipients
16.9%

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 $6,739
$30,001 – $48,000 $6,235
$48,001 – $75,000 $6,220
$75,001 – $110,000 $16,891
$110,001+ $36,265

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most Grinnell families pay far less than the $81,540 sticker price. The average net price drops to $15,608 after aid. Low-income families pay just $6,739 annually, while those earning over $110,000 pay $36,265. Over four years, costs range from $27,000 to $145,000 depending on family income. The college's massive endowment funds generous aid packages.

Typical graduates carry $17,500 in debt, translating to $186 monthly payments. With median earnings of $62,830 ten years out, loan payments represent just 3.6% of income. The 88.58% loan repayment rate reflects graduates' strong earning power. Only 11.60% of students need federal loans at all.

The best deal goes to high-achieving students from middle and lower-income families. Grinnell's need-blind admissions and no-loan policy mean talented applicants get access to top liberal arts education regardless of ability to pay.

Official Net Price Calculator

Get a personalized cost estimate from Grinnell College:

Visit Official Net Price Calculator

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