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

Here is what you can expect to pay at Oberlin College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$84,230.00 Cost of Attendance
$38,645.00 Avg Net Price
$19,500.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

How Much Does It Cost to Attend Oberlin College?

What it costs to attend Oberlin College comes to about $84,230.00 annually.

Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.

Sticker Cost for Students (no aid)

Tuition and fees $67,366.00
+ Room, board & other expenses $16,864.00
Total cost $84,230.00
That is 157% above the national average net price.

Average Net Price for Students (with average aid)

Total cost $84,230.00
− Grants and scholarships −$48,759.00
Net price $35,471.00
That is 8% above the national average net price.

Average Net Price for Low-Income Undergraduates

Total cost $84,230.00
− Grants and scholarships −$68,630.00
Net price $15,600.00
That is 52% below the national average net price.
For the full breakdown, see tuition and fees plus room and board.

Projected Cost of a Degree at Oberlin College

Costs have trended upward in recent years by around 3.8% 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 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 3.8% 3.8% 3.8%
Freshman year $16,193.00 $36,818.00 $87,430.00
Senior year $18,109.00 $41,176.00 $97,777.00
Total 4-year net price $68,556.00 $155,880.00 $370,156.00
10-year loan interest @ 6.8% $26,117.00 $59,385.00 $141,016.00
Total monthly payment $789.00 $1,794.00 $4,260.00
Total amount paid $94,673.00 $215,265.00 $511,172.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.8% 3.8% 3.8%
Freshman year $16,193.00 $36,818.00 $87,430.00
Senior year $16,808.00 $38,217.00 $90,751.00
Total 2-year net price $33,000.00 $75,036.00 $178,181.00
10-year loan interest @ 6.8% $12,572.00 $28,586.00 $67,880.00
Total monthly payment $380.00 $864.00 $2,051.00
Total amount paid $45,572.00 $103,621.00 $246,061.00

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

Net Price at Oberlin College

Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $38,645.00
Average net price (off-campus) $39,184.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. The table below shows the average net price by family-income bracket:

Family income Average net price
Under $30,000 $19,257.00
$30,000 to $48,000 $13,640.00
$48,001 to $75,000 $23,475.00
$75,001 to $110,000 $36,946.00
Over $110,000 $48,245.00

Use Oberlin College Net Price Calculator, or reach out to the financial aid office.

Want to know how that aid is awarded? See the grants & scholarships detail.

How Much Do Students Borrow at Oberlin College

The median amount borrowed by graduates of Oberlin College stands at $19,500.00, which federal data classifies as a Low ($10-20k) debt-load classification.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $5,500.00
25th $12,000.00
Median (50th) $19,500.00
75th $29,431.00
90th $36,038.00

The gap between 10th and 90th percentile borrowers gives a sense of how uneven debt outcomes are.

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

Debt Outcomes by Family Income at Oberlin 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 $14,878.00
Middle income $21,265.00
High income $19,500.00

First-Gen vs Continuing-Gen Debt at Oberlin College

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $19,325.00
Continuing-generation students $19,500.00

How Borrowers Repay Loans After Oberlin College

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

Window Cohort default rate
2-year 1.3%

For scale, federal Stafford loan disbursements at Oberlin College amount to $89,746,985.00 across 5,919 disbursements.

Veteran Benefits at Oberlin 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 10
Avg GI Bill amount $42,541.00

Dig into veteran education benefits on the veterans benefits detail.

Further Questions to Consider

Beyond the data above, it helps to ask a few questions when weighing Oberlin College, the questions below are worth your time:

Explore Further on Oberlin College

Dig further into the cost picture with the related pages 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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