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30.8%Acceptance
$67,020Tuition
1,407Students
76%Grad Rate (6-yr)
$62,927Earnings
#5 in OregonPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$67,020
Out-of-State Tuition
$67,020
Average Net Price
$39,951
Students Receiving Financial Aid
12.3%
Room & Board (On Campus)
$16,820
Room & Board (Off Campus)
$12,690
Books & Supplies
$1,050
Total Cost of Attendance
$84,890
Median Debt at Graduation
$21,500
Estimated Monthly Loan Payment
$228/mo
Loan Repayment Rate
84.8%
Students Taking Federal Loans
38.4%
Pell Grant Recipients
12.3%

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 $19,418
$30,001 – $48,000 $25,846
$48,001 – $75,000 $14,080
$75,001 – $110,000 $28,552
$110,001+ $53,463

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most Reed families pay far less than the $84,890 sticker price. Net costs range from $19,418 for families earning under $30K to $53,463 for those making over $110K. The average net price sits at $39,951, bringing four-year costs to around $160,000 for typical families. Only 12% of students receive Pell Grants, reflecting Reed's wealthy student body.

Graduates leave with a median debt of $21,500, translating to $228 monthly payments. That debt load looks manageable against median earnings of $62,927 ten years out. The college meets demonstrated need generously, with institutional grants averaging $47,864 for the 22% who receive them. Low-income students get the best financial deal here, while middle-class families often face the steepest net costs relative to their income.

Official Net Price Calculator

Get a personalized cost estimate from Reed College:

Visit Official Net Price Calculator

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