Nichols College Tuition – How Heavy is it?

Hey friends, I’ve got Nichols College on my shortlist. Can anyone tell me what to expect in terms of tuition costs? Also, what about associated costs like room and board, etc.? In short, how big a hit is my (or my parents') wallet going to take?

Nichols College is a private institution, so you might initially expect the costs to be on the higher end. However, understanding the full cost beyond the list price is important.

The sticker price, which is the full cost without aid, would be around $41,115 for tuition. Room and Board charges hover around $15,800. This means a total cost of approximately $58,655 per year. You should also budget for additional costs like books, supplies, transportation, and personal expenses.

Keep in mind though, this is the list price, the price before any sort of financial aid comes into play. Many students don't actually pay this full amount, as they receive federal, state, or institutional financial aid. The net price (what students actually pay) is typically lower and depends on your family's financial situation.

Additionally, around 99% of the student body receives some form of grant or scholarship aid, with an average amount of $22,217 per student annually. You might also want to factor in other forms of aid like work-study or loans.

Remember, it'll be crucial to complete the Free Application for Federal Student Aid (FAFSA) for accessing most types of aid. You can also see if you qualify for any institutional or outside scholarships. And certainly, don't hesitate to reach out to the Nichols College financial aid office with any questions. They're there to assist you in understanding the costs and your potential aid package.