Cost Details
- In-State Tuition
- $49,647
- Out-of-State Tuition
- $49,647
- Average Net Price
- $20,923
- Students Receiving Financial Aid
- 33.8%
- Room & Board (On Campus)
- $12,594
- Room & Board (Off Campus)
- $8,594
- Books & Supplies
- $1,450
- Total Cost of Attendance
- $63,691
- Median Debt at Graduation
- $25,000
- Estimated Monthly Loan Payment
- $265/mo
- Loan Repayment Rate
- 79.4%
- Students Taking Federal Loans
- 61.3%
- Pell Grant Recipients
- 33.8%
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 | $11,334 |
| $30,001 – $48,000 | $14,397 |
| $48,001 – $75,000 | $19,417 |
| $75,001 – $110,000 | $22,293 |
| $110,001+ | $27,501 |
Cost Estimator
Cost Overview
Most families pay far less than McDaniel's $63,691 sticker price. The average net price drops to $20,923 after aid, meaning a four-year degree costs around $84,000 total. Low-income families with household earnings under $30,000 pay just $11,334 annually. Even middle-class families earning $48,000-$75,000 face net costs of only $19,417 per year.
McDaniel keeps debt manageable for a private liberal arts education. Graduates typically owe $25,000, translating to monthly payments of $265. That's reasonable against median earnings of $60,663 ten years out. The college awards institutional grants averaging $38,848 to about 30% of students. These generous aid packages make the Green Terror accessible to Maryland families, who comprise 75% of enrollment. Students from lower-income backgrounds get the strongest financial advantage here, with net prices dropping below many public universities.
McDaniel keeps debt manageable for a private liberal arts education. Graduates typically owe $25,000, translating to monthly payments of $265. That's reasonable against median earnings of $60,663 ten years out. The college awards institutional grants averaging $38,848 to about 30% of students. These generous aid packages make the Green Terror accessible to Maryland families, who comprise 75% of enrollment. Students from lower-income backgrounds get the strongest financial advantage here, with net prices dropping below many public universities.
Official Net Price Calculator
Get a personalized cost estimate from McDaniel College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.