College Factual  by our College Data Analytics Team
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Can You Afford Morehouse College?

Concerned about paying for college? Take a look at Morehouse’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $29,741 and $49,700

Feeling a little stressed about paying $49,700 to attend Morehouse College each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Georgia students, 80.6% of freshmen receive some form of financial aid, with the average amount totaling $20,025. Students from low-income families receive an average of $19,959 in aid during their first year.

Cost (no aid)

Tuition and fees$29,468
+ Room and board$14,272
+ Other expenses$5,960
Total cost$49,700
Affordability Score (17 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$49,700
- Grants and scholarships$20,025
Net price$29,675
Affordability Score (24 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$49,700
- Grants and scholarships$19,959
Net price$29,741
Affordability Score (13 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Morehouse.

Projected Costs Between $108,253 and $274,535 For a Four Year Degree. Between $55,558 and $137,268 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Morehouse in 2020 - 2021 was $49,700. To calculate future costs, we looked at the prior five years of data and determined that this cost remained constant. If this trend continues, we expect the full cost for incoming freshmen to be $49,700 during their first year. By their senior year, that cost will be approximately $49,700 for a bachelor degree candidate ($49,700 for an associate degree candidate) for a total of $198,800 over the course of four years ($99,400 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Morehouse College

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-2.6%0.0%
Freshman year$29,950$28,146$49,700
Senior year$30,054$27,412$49,700
Total 2-year net price$60,004$55,558$99,400
10-year loan interest @ 6.8%$22,859$21,165$37,868
Total monthly payment$691$639$1,144
Total amount paid$82,863$76,723$137,268
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-2.6%0.0%
Freshman year$29,950$28,146$49,700
Senior year$30,265$25,999$49,700
Total 4-year net price$120,429$108,253$198,800
10-year loan interest @ 6.8%$45,879$41,240$75,735
Total monthly payment$1,386$1,246$2,288
Total amount paid$166,307$149,494$274,535

Visit net price and financial aid to learn more about the total cost of attending Morehouse College.

Further Questions to Consider

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