Cost Details
- In-State Tuition
- $20,796
- Out-of-State Tuition
- $20,796
- Average Net Price
- $19,983
- Students Receiving Financial Aid
- 27.3%
- Room & Board (On Campus)
- $8,416
- Room & Board (Off Campus)
- $7,950
- Books & Supplies
- $1,200
- Total Cost of Attendance
- $30,412
- Median Debt at Graduation
- $19,500
- Estimated Monthly Loan Payment
- $207/mo
- Loan Repayment Rate
- 56.2%
- Students Taking Federal Loans
- 31.0%
- Pell Grant Recipients
- 27.3%
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 | $17,437 |
| $30,001 – $48,000 | $13,190 |
| $48,001 – $75,000 | $17,584 |
| $75,001 – $110,000 | $25,594 |
| $110,001+ | $24,365 |
Cost Estimator
Cost Overview
Most families pay far less than Welch's $20,796 sticker price. Students from families earning under $48,000 get the best deal, paying just $13,190 to $17,437 per year after aid. Middle-income families earning $48,000 to $75,000 pay $17,584 annually. Wealthier families see smaller discounts, with those earning over $110,000 paying $24,365. Over four years, total costs range from $52,760 for low-income students to nearly $98,000 for high earners.
Graduates carry a manageable $19,500 in debt, translating to $207 monthly payments. With median earnings of $42,198 ten years out, loan payments consume about 6% of income. The 56% loan repayment rate suggests some graduates struggle financially. Only 27% of students receive Pell Grants, indicating Welch serves fewer low-income families than typical colleges. Students from lower-income Free Will Baptist families get the strongest financial advantage here.
Graduates carry a manageable $19,500 in debt, translating to $207 monthly payments. With median earnings of $42,198 ten years out, loan payments consume about 6% of income. The 56% loan repayment rate suggests some graduates struggle financially. Only 27% of students receive Pell Grants, indicating Welch serves fewer low-income families than typical colleges. Students from lower-income Free Will Baptist families get the strongest financial advantage here.
Official Net Price Calculator
Get a personalized cost estimate from Welch College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.