Cost Details
- In-State Tuition
- $35,162
- Out-of-State Tuition
- $35,162
- Average Net Price
- $24,837
- Students Receiving Financial Aid
- 33.6%
- Room & Board (On Campus)
- $10,322
- Room & Board (Off Campus)
- $10,144
- Books & Supplies
- $1,420
- Total Cost of Attendance
- $46,904
- Median Debt at Graduation
- $25,242
- Estimated Monthly Loan Payment
- $268/mo
- Loan Repayment Rate
- 65.7%
- Students Taking Federal Loans
- 63.6%
- Pell Grant Recipients
- 33.6%
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 | $20,869 |
| $30,001 – $48,000 | $21,172 |
| $48,001 – $75,000 | $25,387 |
| $75,001 – $110,000 | $27,314 |
| $110,001+ | $28,232 |
Cost Estimator
Cost Overview
Most families at McPherson College pay around $24,837 per year after financial aid, not the full $46,904 sticker price. The actual cost depends heavily on your family's income. Students from families earning under $30,000 pay about $20,869 annually, while those from families making over $110,000 pay $28,232. Over four years, expect to spend between $83,500 and $113,000 total.
About 64% of students take federal loans, graduating with a median debt of $25,242. That translates to monthly payments of $268, which is manageable given that graduates earn a median of $52,084 ten years after graduation. The college gives institutional grants averaging $21,916 to about 34% of students. Lower-income students get the best financial deal here, paying roughly 45% of the full cost. The small size means financial aid officers know every student's situation personally.
About 64% of students take federal loans, graduating with a median debt of $25,242. That translates to monthly payments of $268, which is manageable given that graduates earn a median of $52,084 ten years after graduation. The college gives institutional grants averaging $21,916 to about 34% of students. Lower-income students get the best financial deal here, paying roughly 45% of the full cost. The small size means financial aid officers know every student's situation personally.
Official Net Price Calculator
Get a personalized cost estimate from McPherson College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.