by our College Data Analytics TeamBelow is the data on what it actually costs to attend Roanoke College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.
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The cost of attendance at Roanoke College amounts to about $54,059.00 per year.
Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.
| Tuition and fees | $38,068.00 |
| + Room, board & other expenses | $15,991.00 |
| Total cost | $54,059.00 |
| That is 65% above the national average net price. |
| Total cost | $54,059.00 |
| − Grants and scholarships | −$29,780.00 |
| Net price | $24,279.00 |
| That is 26% below the national average net price. |
| Total cost | $54,059.00 |
| − Grants and scholarships | −$39,079.00 |
| Net price | $14,980.00 |
| That is 54% below the national average net price. | |
| Explore each piece on tuition and fees plus room and board. |
Below, a full degree is projected forward at today’s cost. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. 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% | 0% | 0% |
| Freshman year | $14,980.00 | $24,279.00 | $54,059.00 |
| Senior year | $14,980.00 | $24,279.00 | $54,059.00 |
| Total 4-year net price | $59,920.00 | $97,116.00 | $216,236.00 |
| 10-year loan interest @ 6.8% | $22,827.00 | $36,998.00 | $82,378.00 |
| Total monthly payment | $690.00 | $1,118.00 | $2,488.00 |
| Total amount paid | $82,747.00 | $134,114.00 | $298,614.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0% | 0% | 0% |
| Freshman year | $14,980.00 | $24,279.00 | $54,059.00 |
| Senior year | $14,980.00 | $24,279.00 | $54,059.00 |
| Total 2-year net price | $29,960.00 | $48,558.00 | $108,118.00 |
| 10-year loan interest @ 6.8% | $11,414.00 | $18,499.00 | $41,189.00 |
| Total monthly payment | $345.00 | $559.00 | $1,244.00 |
| Total amount paid | $41,374.00 | $67,057.00 | $149,307.00 |
| Read more in the Net Price section. |
The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $24,503.00 |
| Average net price (off-campus) | $27,786.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $20,269.00 |
| $30,000 to $48,000 | $19,396.00 |
| $48,001 to $75,000 | $24,279.00 |
| $75,001 to $110,000 | $26,939.00 |
| Over $110,000 | $32,137.00 |
For a personalized estimate, try the Roanoke College Net Price Calculator, or check with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the grants & scholarships detail.
The median amount borrowed by graduates of Roanoke College comes to $22,313.00, categorized as a Moderate ($20-30k) burden tier.
Across borrowers, debt at graduation distributes like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,500.00 |
| 25th | $12,000.00 |
| Median (50th) | $22,313.00 |
| 75th | $28,000.00 |
| 90th | $35,000.00 |
The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.
For the full borrowing and repayment picture, see the student-loan-debt breakdown.
Debt at graduation is far from uniform across income levels. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $23,250.00 |
| Middle income | $21,625.00 |
| High income | $22,250.00 |
Low-income borrowers graduate with $1,000.00 more debt than their high-income peers.
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $21,967.00 |
| Continuing-generation students | $23,250.00 |
The Pell Grant is the largest federal grant for undergraduates from low-income families. The Pell vs non-Pell debt gap reveals how borrowing differs by need.
The gap between Pell-eligible and non-Pell median debt at Roanoke College is $1,316.00. This institution is flagged by federal data for Pell-debt inequity.
The federal default-rate tier for Roanoke College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 2.5% |
For a sense of scale, Stafford disbursements at Roanoke College total $115,942,252.00 spread across 6,724 disbursements.
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 | 60 |
| Avg GI Bill amount | $15,472.00 |
Explore GI Bill and military aid in detail on the veterans benefits detail.
Beyond the data above, it helps to ask a few questions when weighing Roanoke College, consider the following:
Use the pages below to go deeper on a specific part of the cost story:
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.