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Can You Afford Alma College?

Here is what you can expect to pay at Alma College, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.

$61,380.00 Cost of Attendance
$20,694.00 Avg Net Price
$23,250.00 Median Grad Debt

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What You Will Pay to Attend Alma College?

Published attendance costs at Alma College is about $61,380.00 per year.

Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.

Published Cost for Students (no aid)

Tuition and fees $49,552.00
+ Room, board & other expenses $11,828.00
Total cost $61,380.00
That is 87% above the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $61,380.00
− Grants and scholarships −$42,956.00
Net price $18,424.00
That is 44% below the national average net price.

What Low-Income Students Pay — Undergraduates

Total cost $61,380.00
− Grants and scholarships −$46,488.00
Net price $14,892.00
That is 55% below the national average net price.
Go deeper on the components with the tuition & fees page and living costs.

Projected Degree Cost at Alma College

Published costs have climbed year over year by roughly 4.1% per year; the projections below compound that across a degree. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. Loan totals assume a ten-year repayment at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.1% 4.1% 4.1%
Freshman year $15,509.00 $19,187.00 $63,922.00
Senior year $17,517.00 $21,671.00 $72,199.00
Total 4-year net price $65,997.00 $81,650.00 $272,018.00
10-year loan interest @ 6.8% $25,142.00 $31,106.00 $103,629.00
Total monthly payment $759.00 $940.00 $3,130.00
Total amount paid $91,139.00 $112,755.00 $375,647.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.1% 4.1% 4.1%
Freshman year $15,509.00 $19,187.00 $63,922.00
Senior year $16,151.00 $19,982.00 $66,570.00
Total 2-year net price $31,660.00 $39,169.00 $130,492.00
10-year loan interest @ 6.8% $12,061.00 $14,922.00 $49,713.00
Total monthly payment $364.00 $451.00 $1,502.00
Total amount paid $43,721.00 $54,091.00 $180,205.00

For the complete net-price picture, see the Net Price section.

What Families Actually Pay at Alma College

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most families it is a more realistic figure than the published cost.

Average net price (on-campus) $20,694.00
Average net price (off-campus) $24,663.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $18,726.00
$30,000 to $48,000 $21,279.00
$48,001 to $75,000 $22,322.00
$75,001 to $110,000 $24,627.00
Over $110,000 $26,994.00

Use Alma College Net Price Calculator, or get in touch with the financial aid office.

For the grant-and-scholarship detail behind these figures, see the grants & scholarships detail.

Borrowing and Debt at Alma College

Median graduate debt at Alma College stands at $23,250.00, landing it in the Moderate ($20-30k) debt-load classification.

The full distribution of debt at graduation looks like this:

Percentile Debt at graduation
10th $5,500.00
25th $9,500.00
Median (50th) $23,250.00
75th $28,500.00
90th $38,500.00

The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.

Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.

How Income Shapes Debt at Alma College

Student debt at graduation is not evenly distributed across income levels. Below, debt is broken out by low, middle, and high family income:

Family income Median debt at graduation
Low income $25,625.00
Middle income $25,000.00
High income $21,594.00

Graduates from lower-income families carry $4,031.00 more debt than their high-income peers.

How Debt Varies by First-Generation Status at Alma College

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $23,250.00
Continuing-generation students $23,250.00

Pell Grant Recipients and Debt at Alma College

Pell Grants are the largest source of federal need-based aid for undergrads. The Pell vs non-Pell debt gap reveals how borrowing differs by need.

The median debt difference between Pell-eligible and non-Pell graduates of Alma College is $5,202.00. Federal data flags this school for Pell-related debt inequity.

Loan Default & Repayment at Alma College

The federal default-rate classification for Alma College is Low (<5%).

Window Cohort default rate
2-year 5.8%

To put the rates in context, Stafford loans at Alma College amount to $98,979,991.00 spread across 5,865 loan recipients.

Military and Veteran Aid at Alma College

Veterans and current servicemembers may be eligible for major federal education benefits like the Post-9/11 GI Bill and DoD tuition assistance.

GI Bill recipients 5
Avg GI Bill amount $25,231.00
DoD Tuition Assistance recipients 3
Avg DoD Tuition Assistance $3,833.00

Dig into veteran education benefits on the college veterans page.

Things to Think About

The data above is a foundation; round it out by asking yourself about Alma College, think through the questions below:

Keep Researching regarding Alma College

Use the pages below to go deeper on a specific part of the cost story:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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