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

Concerned about paying for college? Take a look at Bowdoin’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 $6,796 and $71,880

Feeling a little stressed about paying $71,880 to attend Bowdoin 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 Maine students, 52.4% of freshmen receive some form of financial aid, with the average amount totaling $46,902. Students from low-income families receive an average of $65,084 in aid during their first year.

Cost (no aid)

Tuition and fees$56,350
+ Room and board$13,440
+ Other expenses$2,090
Total cost$71,880
Affordability Score (3 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$71,880
- Grants and scholarships$46,902
Net price$24,978
Affordability Score (43 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$71,880
- Grants and scholarships$65,084
Net price$6,796
Affordability Score (97 out of 100)
more expensive
less expensive

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

Projected Costs Between $31,044 and $446,505 For a Four Year Degree. Between $14,937 and $215,813 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 Bowdoin in 2020 - 2021 was $71,880. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.4% each year. If this trend continues, we expect the full cost for incoming freshmen to be $76,836 during their first year. By their senior year, that cost will be approximately $84,918 for a bachelor degree candidate ($79,441 for an associate degree candidate) for a total of $323,329 over the course of four years ($156,277 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 Bowdoin 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*-0.1%3.4%
Freshman year$7,328$24,923$76,836
Senior year$7,609$24,896$79,441
Total 2-year net price$14,937$49,819$156,277
10-year loan interest @ 6.8%$5,691$18,979$59,536
Total monthly payment$172$573$1,798
Total amount paid$20,628$68,798$215,813
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-0.1%3.4%
Freshman year$7,328$24,923$76,836
Senior year$8,205$24,841$84,918
Total 4-year net price$31,044$99,528$323,329
10-year loan interest @ 6.8%$11,827$37,916$123,176
Total monthly payment$357$1,145$3,721
Total amount paid$42,870$137,444$446,505

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

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