Skip to main content
79.8%Acceptance
$36,774Tuition
1,801Students
66%Grad Rate (6-yr)
$58,047Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran

Cost Details

In-State Tuition
$36,774
Out-of-State Tuition
$36,774
Average Net Price
$27,786
Students Receiving Financial Aid
24.3%
Room & Board (On Campus)
$15,366
Room & Board (Off Campus)
$15,564
Books & Supplies
$1,000
Total Cost of Attendance
$53,140
Median Debt at Graduation
$27,000
Estimated Monthly Loan Payment
$286/mo
Loan Repayment Rate
73.9%
Students Taking Federal Loans
80.9%
Pell Grant Recipients
24.3%

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 $20,269
$30,001 – $48,000 $19,396
$48,001 – $75,000 $24,279
$75,001 – $110,000 $26,939
$110,001+ $32,137

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Families at Roanoke College pay an average of $27,786 after financial aid, far below the $53,140 sticker price. Low-income families ($0-30K) pay just $20,269, while wealthy families ($110K+) still get substantial aid, paying $32,137. Over four years, most students face costs between $81,000-$129,000 depending on family income.

The college meets 25.82% of students with institutional grants averaging $36,176. Graduates leave with a median debt of $27,000, translating to $286 monthly payments. With median earnings of $58,047 ten years out, loan payments consume about 6% of typical graduate income. The 73.94% loan repayment rate suggests most handle their debt successfully.

Families earning $30-48K get the sweetest deal, paying only $19,396 annually. Middle-class families earning $48-75K still receive meaningful aid, keeping costs at $24,279. This Lutheran college rewards applicants across income levels with generous financial support.

Official Net Price Calculator

Get a personalized cost estimate from Roanoke College:

Visit Official Net Price Calculator

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