by our College Data Analytics TeamHere’s the full picture on paying for Erskine College, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
If you want to dig into a particular figure, jump to any section below:
Published attendance costs at Erskine College comes to about $54,484.00 a year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $36,710.00 |
| + Room, board & other expenses | $17,774.00 |
| Total cost | $54,484.00 |
| That is 66% above the national average net price. |
| Total cost | $54,484.00 |
| − Grants and scholarships | −$38,723.00 |
| Net price | $15,761.00 |
| That is 52% below the national average net price. |
| Total cost | $54,484.00 |
| − Grants and scholarships | −$40,693.00 |
| Net price | $13,791.00 |
| That is 58% below the national average net price. | |
| Want the line-by-line detail? Dig into the tuition & fees page and room and board. |
The reported cost series has been increasing at about 0.2% per year; the projections below compound that across a degree. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0.2% | 0.2% | 0.2% |
| Freshman year | $13,816.00 | $15,790.00 | $54,583.00 |
| Senior year | $13,892.00 | $15,876.00 | $54,883.00 |
| Total 4-year net price | $55,416.00 | $63,332.00 | $218,933.00 |
| 10-year loan interest @ 6.8% | $21,112.00 | $24,127.00 | $83,405.00 |
| Total monthly payment | $638.00 | $729.00 | $2,519.00 |
| Total amount paid | $76,528.00 | $87,460.00 | $302,338.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0.2% | 0.2% | 0.2% |
| Freshman year | $13,816.00 | $15,790.00 | $54,583.00 |
| Senior year | $13,841.00 | $15,819.00 | $54,683.00 |
| Total 2-year net price | $27,658.00 | $31,608.00 | $109,267.00 |
| 10-year loan interest @ 6.8% | $10,537.00 | $12,042.00 | $41,627.00 |
| Total monthly payment | $318.00 | $364.00 | $1,257.00 |
| Total amount paid | $38,194.00 | $43,650.00 | $150,893.00 |
Jump to the net-price detail in the Net Price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $16,525.00 |
| Average net price (off-campus) | $22,018.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $21,857.00 |
| $30,000 to $48,000 | $16,145.00 |
| $48,001 to $75,000 | $20,343.00 |
| $75,001 to $110,000 | $24,856.00 |
| Over $110,000 | $24,471.00 |
Estimate your specific net price using the school’s Erskine 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.
Typical debt at graduation from Erskine College comes to $9,500.00, which federal data classifies as a Very Low (<$10k) burden tier.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $4,750.00 |
| 25th | $5,500.00 |
| Median (50th) | $9,500.00 |
| 75th | $27,000.00 |
| 90th | $36,000.00 |
The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.
Dig deeper into debt on the student loan debt detail.
Family income tracks closely with debt at graduation. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $5,500.00 |
| Middle income | $12,000.00 |
| High income | $9,713.00 |
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,500.00 |
| Continuing-generation students | $9,500.00 |
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. Pell vs non-Pell comparisons surface how debt breaks down by need.
The Pell-versus-non-Pell median debt difference at Erskine College works out to $2,250.00. The Department of Education flags this school for a Pell-debt-inequity pattern.
The federal default-rate classification for Erskine College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 1.5% |
For scale, federal Stafford loan disbursements at Erskine College amount to $51,537,437.00 covering 2,964 recipients.
Veterans and active-duty servicemembers can tap dedicated federal aid programs including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 8 |
| Avg GI Bill amount | $22,768.00 |
For the full rundown of veteran and military benefits, see the college veterans page.
Numbers only tell part of the story. As you weigh Erskine College, a few questions are worth asking:
Explore the related pages below for a deeper look at the cost picture:
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.