College Factual  by our College Data Analytics Team
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Can You Really Afford Hope College?

Below is the data on what it actually costs to attend Hope College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$52,206.00 Cost of Attendance
$27,182.00 Avg Net Price
$23,250.00 Median Grad Debt

Want a specific number? Skip ahead to any section using the links below:

How Much Does It Cost to Attend Hope College?

The total published cost of attendance at Hope College amounts to about $52,206.00 annually.

The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.

The Full Cost for Students (no aid)

Tuition and fees $41,970.00
+ Room, board & other expenses $10,236.00
Total cost $52,206.00
That is 59% above the national average net price.

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

Total cost $52,206.00
− Grants and scholarships −$28,464.00
Net price $23,742.00
That is 28% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $52,206.00
− Grants and scholarships −$38,040.00
Net price $14,166.00
That is 57% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees plus room and board.

The Long-Run Cost of a Degree at Hope College

Costs have trended upward in recent years at a recent average of 4.6% 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 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 4.6% 4.6% 4.6%
Freshman year $14,821.00 $24,840.00 $54,620.00
Senior year $16,973.00 $28,447.00 $62,551.00
Total 4-year net price $63,524.00 $106,464.00 $234,103.00
10-year loan interest @ 6.8% $24,200.00 $40,559.00 $89,185.00
Total monthly payment $731.00 $1,225.00 $2,694.00
Total amount paid $87,724.00 $147,024.00 $323,288.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.6% 4.6% 4.6%
Freshman year $14,821.00 $24,840.00 $54,620.00
Senior year $15,506.00 $25,988.00 $57,145.00
Total 2-year net price $30,327.00 $50,828.00 $111,765.00
10-year loan interest @ 6.8% $11,554.00 $19,364.00 $42,578.00
Total monthly payment $349.00 $585.00 $1,286.00
Total amount paid $41,881.00 $70,191.00 $154,343.00

See the full net-price breakdown in the Net Price section.

What Families Actually Pay at Hope College

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most prospective students, net price gives a more realistic estimate than sticker tuition.

Average net price (on-campus) $27,182.00
Average net price (off-campus) $25,749.00

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 $14,365.00
$30,000 to $48,000 $16,069.00
$48,001 to $75,000 $20,837.00
$75,001 to $110,000 $26,104.00
Over $110,000 $31,356.00

Use Hope College Net Price Calculator, or check with the financial aid office.

For the grant-and-scholarship detail behind these figures, see the financial aid breakdown.

Graduate Debt at Hope College

The median graduating debt at Hope College amounts to $23,250.00, landing it in the Moderate ($20-30k) debt-burden category.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $5,500.00
25th $13,810.00
Median (50th) $23,250.00
75th $28,300.00
90th $33,250.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

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

Debt by Family Income at Hope College

Debt at graduation is far from uniform across income levels. The breakdown below segments borrowers by family income at entry:

Family income Median debt at graduation
Low income $24,187.00
Middle income $24,125.00
High income $23,136.00

Low-income graduates carry $1,051.00 more debt than high-income graduates.

First-Gen vs Continuing-Gen Debt at Hope College

First-gen students typically face different financial-aid contexts than students whose parents attended college.

Student group Median debt at graduation
First-generation students $24,217.00
Continuing-generation students $23,250.00

First-generation graduates from Hope College graduate with $967.00 more than continuing-generation graduates.

Pell Grant Recipients and Debt at Hope College

Pell Grants are the federal government’s primary need-based undergraduate aid program. 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 Hope College amounts to $2,000.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

Default Rates and Repayment at Hope College

The default-rate classification at Hope College is Low (<5%).

Window Cohort default rate
2-year 2.9%

For scale, federal Stafford loan disbursements at Hope College total $126,124,087.00 spread across 8,151 student borrowers.

Veteran Education Benefits at Hope College

Veterans and current servicemembers may be eligible for major federal education benefits such as the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill recipients 21
Avg GI Bill amount $25,719.00

Read more about military and veteran aid on the veteran aid breakdown.

Questions Worth Asking

Use the figures above as a launch point, then think through Hope College, keep these questions in mind:

For a closer look at any of these topics, follow the links below:

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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