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.
$18,182
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. | $49,647 |
| 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. | $49,647 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $12,594 |
| Books and Supplies | $1,450 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
86%
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
35%
Average Aid Per Year
$38,848
35%
Average Federal Grant Aid Per Year
$6,181
Average Institution Grant Aid Per Year
$34,187
26%
Average State Grant Aid Per Year
$9,066
38%
Average Federal Grant Aid Per Year
$6,181
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.
$46,482,672
Total Non-Need-Based Scholarships/Grants
$18,707,583
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.
76%
Average Loan Amount Per Year
$6,915
Students receiving federal loans
66%
Average Federal Loans Per Year
$5,389
Average Other Loans Per Year
$17,049
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.
$17,986
Loan Default Rate
3%
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.
$239
What Students Are Saying
McDaniel College is an expensive place, though they are very generous with their aid and scholarships.
I think the cost is definitely backed up by the quality of the staff (95% hold the highest degrees in their fields), the education that they offer, the varied opportunities that are available, and in the lifestyle that one has the opportunity to experience.
I think the cost is definitely backed up by the quality of the staff (95% hold the highest degrees in their fields), the education that they offer, the varied opportunities that are available, and in the lifestyle that one has the opportunity to experience.
Laura from Middle River, MD
I'm not going to lie- Tuition is expensive. However, a huge percentage of students receive financial aid and scholarships, and the education you receive is worth the cost. I can honestly say that if you put time and effort into your studies and get involved on campus, you will receive an education worth as much as or more than the money you paid to attend this college. Furthermore, there are so many opportunities to connect with faculty and staff that will help you not only in your coursework, but also in your job search and future endeavors.
Hanna from Prince Frederick, MD
McDaniel is renowned for its financial aide. While I certainly don't have a full-ride, I know that I am getting an education worth what my parents are paying for.
Sarah from Keedysville, MD
The school is very good about giving out enough financial aid to allow even those from lower income families to attend. I would know, I'm one of them.
Ryan from LA Plata, MD
I applied and was accepted to eight different colleges. McDaniel had the best financial aid out of all of the schools by far. None of the rest even really compared financially. They really try to help you be able to realistically afford your education.
Viktoria from Rowland, PA
Great bang for the buck! McDaniel was just ranked top for best value for liberal arts colleges.
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