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.
$33,056
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. | $67,020 |
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. | $67,020 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $16,820 |
Books and Supplies | $1,050 |
Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
100%
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
11%
Average Aid Per Year
$47,864
11%
Average Federal Grant Aid Per Year
$6,337
Average Institution Grant Aid Per Year
$46,794
2%
Average State Grant Aid Per Year
$3,612
11%
Average Federal Grant Aid Per Year
$6,337
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.
$42,300,096
Total Non-Need-Based Scholarships/Grants
$11,500
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.
46%
Average Loan Amount Per Year
$6,315
Students receiving federal loans
45%
Average Federal Loans Per Year
$4,744
Average Other Loans Per Year
$17,015
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.
$15,000
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.
$177
What Students Are Saying
Reed is expensive. Personally too expensive for me. But I think it is worth every penny. I will gladly be paying off student loans in years to come knowing that I received such a great education and so many opportunities
Alex from Denver, CO
One of the more expensive schools out there- but for a good reason. Their need-based aid program, however, ensures that people who deserve to be there can make it happen.
Maya from Charlotte, VT
The education is great; you'll learn a lot, the classes are small, and the teachers are dedicated.
Molly