Cost Details
- In-State Tuition
- $29,300
- Out-of-State Tuition
- $29,300
- Average Net Price
- $21,511
- Students Receiving Financial Aid
- 50.5%
- Room & Board (On Campus)
- $11,000
- Room & Board (Off Campus)
- $6,000
- Books & Supplies
- $600
- Total Cost of Attendance
- $40,900
- Median Debt at Graduation
- $25,000
- Estimated Monthly Loan Payment
- $265/mo
- Loan Repayment Rate
- 60.6%
- Students Taking Federal Loans
- 87.4%
- Pell Grant Recipients
- 50.5%
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 | $25,830 |
| $30,001 – $48,000 | $19,089 |
| $48,001 – $75,000 | $18,222 |
| $75,001 – $110,000 | $22,956 |
| $110,001+ | $19,354 |
Cost Estimator
Cost Overview
Families typically pay $21,511 annually after financial aid, though costs vary dramatically by income. Lower-income families ($30-48K) pay just $19,089, while those earning $48-75K pay even less at $18,222. Higher earners see their net price jump to $22,956. Over four years, expect total costs between $72,888 and $91,824.
The school operates more like a financial aid redistribution system than a traditional tuition model. Half of students receive Pell Grants, indicating significant low-income enrollment. Graduates leave with $25,000 in median debt, translating to $265 monthly payments. That burden feels manageable against median earnings of $53,565 ten years out, representing just 6% of gross income.
Middle-income families earning $48-75K get the sweetest deal here, paying less than both lower and higher-income brackets. The 87% federal loan rate suggests most students borrow, but the debt-to-income ratio remains reasonable for a liberal arts degree.
The school operates more like a financial aid redistribution system than a traditional tuition model. Half of students receive Pell Grants, indicating significant low-income enrollment. Graduates leave with $25,000 in median debt, translating to $265 monthly payments. That burden feels manageable against median earnings of $53,565 ten years out, representing just 6% of gross income.
Middle-income families earning $48-75K get the sweetest deal here, paying less than both lower and higher-income brackets. The 87% federal loan rate suggests most students borrow, but the debt-to-income ratio remains reasonable for a liberal arts degree.
Official Net Price Calculator
Get a personalized cost estimate from Thomas More College of Liberal Arts:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.