by our College Data Analytics TeamHere’s the full picture on paying for McDaniel 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.
Use the section links below to navigate this overview:
Published attendance costs at McDaniel College amounts to about $62,974.00 annually.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $52,081.00 |
| + Room, board & other expenses | $10,893.00 |
| Total cost | $62,974.00 |
| That is 92% above the national average net price. |
| Total cost | $62,974.00 |
| − Grants and scholarships | −$43,378.00 |
| Net price | $19,596.00 |
| That is 40% below the national average net price. |
| Total cost | $62,974.00 |
| − Grants and scholarships | −$53,084.00 |
| Net price | $9,890.00 |
| That is 70% below the national average net price. | |
| Want the line-by-line detail? Dig into the tuition & fees page plus living costs. |
Published costs have climbed year over year at about 3.3% per year, so the four-year total runs well above today’s cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan math assumes ten-year repayment at 6.8% interest.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.3% | 3.3% | 3.3% |
| Freshman year | $10,217.00 | $20,243.00 | $65,053.00 |
| Senior year | $11,262.00 | $22,315.00 | $71,713.00 |
| Total 4-year net price | $42,935.00 | $85,072.00 | $273,388.00 |
| 10-year loan interest @ 6.8% | $16,357.00 | $32,409.00 | $104,151.00 |
| Total monthly payment | $494.00 | $979.00 | $3,146.00 |
| Total amount paid | $59,292.00 | $117,481.00 | $377,539.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.3% | 3.3% | 3.3% |
| Freshman year | $10,217.00 | $20,243.00 | $65,053.00 |
| Senior year | $10,554.00 | $20,911.00 | $67,201.00 |
| Total 2-year net price | $20,770.00 | $41,155.00 | $132,255.00 |
| 10-year loan interest @ 6.8% | $7,913.00 | $15,678.00 | $50,384.00 |
| Total monthly payment | $239.00 | $474.00 | $1,522.00 |
| Total amount paid | $28,683.00 | $56,833.00 | $182,639.00 |
See the full net-price breakdown in the net price section below.
Net price strips out grant and scholarship aid to show what families really pay. For most prospective students, net price gives a more realistic estimate than sticker tuition.
| Average net price (on-campus) | $21,916.00 |
| Average net price (off-campus) | $20,923.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. The breakdown below splits average net price across income brackets:
| Family income | Average net price |
|---|---|
| Under $30,000 | $11,334.00 |
| $30,000 to $48,000 | $14,397.00 |
| $48,001 to $75,000 | $19,417.00 |
| $75,001 to $110,000 | $22,293.00 |
| Over $110,000 | $27,501.00 |
Estimate your specific net price using the school’s McDaniel College Net Price Calculator, or check with the financial aid office.
Dig into how aid is awarded on the financial aid breakdown.
The median amount borrowed by graduates of McDaniel College is $15,000.00, landing it in the Low ($10-20k) debt-load classification.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,347.00 |
| 25th | $9,500.00 |
| Median (50th) | $15,000.00 |
| 75th | $28,500.00 |
| 90th | $35,485.00 |
The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.
For the full borrowing and repayment picture, see the student loan debt page.
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 | $12,250.00 |
| Middle income | $15,819.00 |
| High income | $16,250.00 |
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $14,000.00 |
| Continuing-generation students | $17,450.00 |
The Pell Grant is the largest federal grant for undergraduates from low-income families. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.
The median debt difference between Pell-eligible and non-Pell graduates of McDaniel College stands at $-125.00.
The Department of Education default-rate tier for McDaniel College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 2.6% |
For scale, federal Stafford loan disbursements at McDaniel College total $132,506,283.00 across 7,174 recipients.
Veterans and active-duty service members may qualify for substantial federal education benefits including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 37 |
| Avg GI Bill amount | $16,661.00 |
Dig into veteran education benefits on the college veterans page.
Use the figures above as a launch point, then think through McDaniel College, the questions below are worth your time:
Each page below covers one part of paying for college in more detail:
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.