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

Concerned about paying for college? Take a look at Albion’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 $17,102 and $64,470

Feeling a little stressed about paying $64,470 to attend Albion 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 Michigan students, 100.0% of freshmen receive some form of financial aid, with the average amount totaling $40,855. Students from low-income families receive an average of $47,368 in aid during their first year.

Cost (no aid)

Tuition and fees$50,590
+ Room and board$12,380
+ Other expenses$1,500
Total cost$64,470
Affordability Score (6 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$64,470
- Grants and scholarships$40,855
Net price$23,615
Affordability Score (49 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$64,470
- Grants and scholarships$47,368
Net price$17,102
Affordability Score (67 out of 100)
more expensive
less expensive

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

Projected Costs Between $59,597 and $413,683 For a Four Year Degree. Between $30,980 and $198,059 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 Albion in 2020 - 2021 was $64,470. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.3% each year. If this trend continues, we expect the full cost for incoming freshmen to be $70,187 during their first year. By their senior year, that cost will be approximately $79,728 for a bachelor degree candidate ($73,234 for an associate degree candidate) for a total of $299,561 over the course of four years ($143,421 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 Albion 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*-6.4%4.3%
Freshman year$15,797$20,671$70,187
Senior year$15,183$19,340$73,234
Total 2-year net price$30,980$40,011$143,421
10-year loan interest @ 6.8%$11,802$15,243$54,638
Total monthly payment$357$460$1,650
Total amount paid$42,782$55,254$198,059
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-6.4%4.3%
Freshman year$15,797$20,671$70,187
Senior year$14,025$16,929$79,728
Total 4-year net price$59,597$75,035$299,561
10-year loan interest @ 6.8%$22,704$28,586$114,122
Total monthly payment$686$864$3,447
Total amount paid$82,301$103,621$413,683

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

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