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Daemen College
Amherst, New York
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Can You Afford Daemen College?

Concerned about paying for college? Take a look at Daemen College'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.

2019 - 2020 Costs Between $14,983 and $45,170

Feeling a little stressed about paying $45,170 to attend Daemen 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 New York students, 100.0% of freshmen receive some form of financial aid, with the average amount totaling $20,881. Students from low-income families receive an average of $30,187 in aid during their first year.

Cost (no aid)

Tuition and fees$29,430
+ Room and board$13,240
+ Other expenses$2,500
Total cost$45,170
Affordability Score (22 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$45,170
- Grants and scholarships$20,881
Net price$24,289
Affordability Score (42 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$45,170
- Grants and scholarships$30,187
Net price$14,983
Affordability Score (74 out of 100)
more expensive
less expensive

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

Projected Costs Between $53,405 and $278,671 For a Four Year Degree. Between $27,587 and $134,961 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 Daemen College in 2019 - 2020 was $45,170. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.2% each year. If this trend continues, we expect the full cost for incoming freshmen to be $48,098 during their first year. By their senior year, that cost will be approximately $52,849 for a bachelor degree candidate ($49,632 for an associate degree candidate) for a total of $201,795 over the course of four years ($97,730 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 Daemen 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*1.5%3.2%
Freshman year$14,022$25,008$48,098
Senior year$13,565$25,376$49,632
Total 2-year net price$27,587$50,384$97,730
10-year loan interest @ 6.8%$10,510$19,195$37,231
Total monthly payment$317$580$1,125
Total amount paid$38,097$69,579$134,961
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*1.5%3.2%
Freshman year$14,022$25,008$48,098
Senior year$12,695$26,128$52,849
Total 4-year net price$53,405$102,261$201,795
10-year loan interest @ 6.8%$20,345$38,958$76,876
Total monthly payment$615$1,177$2,322
Total amount paid$73,750$141,218$278,671

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

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?
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