Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$24,419
Average Net Price By Family Income
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $58,554 |
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $58,554 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $10,740 |
Books and Supplies | $1,134 |
Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
96%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
31%
Average Aid Per Year
$46,725
31%
Average Federal Grant Aid Per Year
$5,377
Average Institution Grant Aid Per Year
$43,558
8%
Average State Grant Aid Per Year
$3,622
54%
Average Federal Grant Aid Per Year
$5,377
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$27,579,900
Total Non-Need-Based Scholarships/Grants
$12,181,462
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
75%
Average Loan Amount Per Year
$6,892
Students receiving federal loans
68%
Average Federal Loans Per Year
$4,950
Average Other Loans Per Year
$3,548
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$20,941
Loan Default Rate
1%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$254
What Students Are Saying
There's no getting around the fact that Beloit is an expensive school, but Beloit definitely does its best to offer financial aid to every student who needs it. I don't know anyone at the school who doesn't get some sort of aid. Plus, the education you get at Beloit and the friends that you make are absolutely worth the hefty price tag
Marlee from Lincoln Univ, PA
Coming to Beloit was the most profitable experience of my life. It's expensive, but I changed as a person absolutely for the better. I'm happier than I've ever been thanks to the people I met and the things I learned at Beloit.
Matthew from Beloit, WI
Beloit is a pretty expensive school. However, you will definitely get what you pay for. Beloit gives out a lot of need-based and merit-based scholarships, which has helped me a lot. It also has a lot of work opportunities if you qualify. Don't be afraid to apply to small, more expensive schools. They will give you the personal help you need to get the most out of your college experience.
Emma from Minneapolis, MN
Infidelity a great school for the amount it costs. Even with it's big surface price tag, majority of students receive substantial financial aid.
Mel
Beloit is expensive.
That being said, Beloit has a tradition of giving out extensive financial aid packages. There are plenty of opportunities to get scholarships and aid, if you correctly demonstrate your need.
One interesitign fact is that the total of your tuition, room and board - though about $42,000 in 2010 - is only 75% of the cost of your education. Funds from alumni and other donors go to covering the extra 25%. So in terms of making the most for your dollar, it's all rather subjective, but Beloit is one of the better expensive schools to do so at, but only if you involve yourself in the campus and community. If you take advantage of opportunities such as clubs, sports, music/theater groups, study abroad, internships then you will definitely come away feeling as if it was worth it.
That being said, Beloit has a tradition of giving out extensive financial aid packages. There are plenty of opportunities to get scholarships and aid, if you correctly demonstrate your need.
One interesitign fact is that the total of your tuition, room and board - though about $42,000 in 2010 - is only 75% of the cost of your education. Funds from alumni and other donors go to covering the extra 25%. So in terms of making the most for your dollar, it's all rather subjective, but Beloit is one of the better expensive schools to do so at, but only if you involve yourself in the campus and community. If you take advantage of opportunities such as clubs, sports, music/theater groups, study abroad, internships then you will definitely come away feeling as if it was worth it.
Amanda from Dearborn Heights, MI
The professors are all top-notch, and are really excited about what they teach. They all are interested in your opinions, and want to help you succeed in not only their class, but also connect what they're teaching to the outside world by helping you with research and internship opportunities.
Don't be afraid of the price tag! When I first looked, I nearly wrote off applying because of it. I'm so glad I didn't. Because of my good grades and lots of extracurriculars, I got nearly 2/3 off in tuition in scholarships [as in, money I don't have to pay back]! If you're not the best student, don't worry- Beloit Admissions is less concerned with your academic record than your involvement and potential for success.
Don't be afraid of the price tag! When I first looked, I nearly wrote off applying because of it. I'm so glad I didn't. Because of my good grades and lots of extracurriculars, I got nearly 2/3 off in tuition in scholarships [as in, money I don't have to pay back]! If you're not the best student, don't worry- Beloit Admissions is less concerned with your academic record than your involvement and potential for success.
Katherine from Mokena, IL
Beloit College does a really nice job at bringing in outside entertainment and nightly activities. The only complaint I have has to do with the meal plans. Right now there are no guest plans and all food services close after seven, leaving nothing open on campus after seven. However, this is in the process of being reformed.
Miranda from Plainfield, IL
i personally got a really amazing financial aid package. we have lots of scholarship options, including merit based scholarships.
taryn from berrien springs, mi
i mean, i got a fabulous financial aid package, but i'm definitely still suffering/paying off the remaining balance. it is what it is. wouldn't trade my beloit experience for the world, however. totally worth it.
kat from riverside, ri