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56.4%Acceptance
$56,970Tuition
3,049Students
84%Grad Rate (6-yr)
$65,543Earnings
Private nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24Evangelical Lutheran

Cost Details

In-State Tuition
$56,970
Out-of-State Tuition
$56,970
Average Net Price
$22,752
Students Receiving Financial Aid
20.1%
Room & Board (On Campus)
$13,000
Room & Board (Off Campus)
$13,000
Books & Supplies
$1,000
Total Cost of Attendance
$70,970
Median Debt at Graduation
$26,000
Estimated Monthly Loan Payment
$276/mo
Loan Repayment Rate
89.0%
Students Taking Federal Loans
43.6%
Pell Grant Recipients
20.1%

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 $9,504
$30,001 – $48,000 $11,927
$48,001 – $75,000 $15,236
$75,001 – $110,000 $21,245
$110,001+ $32,708

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Families at St. Olaf pay an average net price of $22,752, far below the $70,970 sticker price. Low-income families ($0-30K) pay just $9,504 annually, while wealthy families ($110K+) pay $32,708. Over four years, most students invest around $91,000 total. The college's generous aid reflects its Lutheran commitment to accessibility.

Graduates carry a median debt of $26,000, translating to $276 monthly payments. That burden feels manageable against median earnings of $65,543 ten years out. The 89% loan repayment rate shows most Oles handle their debt successfully. Students from lower-income families get the strongest deal here, paying roughly one-third what wealthy families do. St. Olaf's endowment and Norwegian heritage of frugality help keep costs reasonable for a strong liberal arts education.

Official Net Price Calculator

Get a personalized cost estimate from St Olaf College:

Visit Official Net Price Calculator

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