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80.5%Acceptance
$40,420Tuition
3,274Students
82%Grad Rate (6-yr)
$58,427Earnings
#14 in MichiganPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$40,420
Out-of-State Tuition
$40,420
Average Net Price
$25,749
Students Receiving Financial Aid
16.4%
Room & Board (On Campus)
$12,180
Room & Board (Off Campus)
$3,450
Books & Supplies
$1,150
Total Cost of Attendance
$53,750
Median Debt at Graduation
$26,800
Estimated Monthly Loan Payment
$284/mo
Loan Repayment Rate
80.7%
Students Taking Federal Loans
46.3%
Pell Grant Recipients
16.4%

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 $14,365
$30,001 – $48,000 $16,069
$48,001 – $75,000 $20,837
$75,001 – $110,000 $26,104
$110,001+ $31,356

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Hope College families pay an average net price of $25,749 annually after aid. Low-income families earning under $30,000 pay just $14,365 per year, while those making over $110,000 pay $31,356. Over four years, total costs range from $57,460 to $125,424 depending on family income. The Reformed Church heritage shows in the financial aid approach.

Graduates carry a median debt of $26,800, leading to monthly loan payments of $284. With median earnings of $58,427 ten years out, debt payments consume about 5.8% of income. The 80.7% loan repayment rate suggests graduates can manage their obligations. Only 46.3% of students take federal loans, indicating many families can afford Hope without heavy borrowing.

The best deal goes to middle-class families who qualify for Hope's institutional grants. Students from families earning $30,000-$75,000 pay roughly half the sticker price while accessing the same Dutch Reformed liberal arts education that serves wealthier peers.

Official Net Price Calculator

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Visit Official Net Price Calculator

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