Tuition and Cost to Attend Endicott College

Annual Total Cost

The annual total list price cost to go to Endicott College was $43,536 for the 2013/2014 academic year. The cost is the same for all students regardless of Massachusetts residence status as there is no in-state discount.

Undergraduate Tuition

Tuition for Endicott College is $28,426 for the 2013/2014 academic year. This is 16% more expensive than the national average private non-profit four year college tuition of $24,476. The cost is $956 and 3% more expensive than the average Massachusetts tuition of $27,470 for 4 year colleges. Tuition ranks 35th in Massachusetts amongst 4 year colleges for affordability and is the 50th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $500 in addition to tuition bringing the total effective in-state tuition to $28,926.

Housing Costs

On campus room and board is provided by the school at a cost of $13,464 per academic year. Students electing to live off campus elsewhere in Beverly should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,146.

Costs and Tuition for Endicott College
Expenditure Price
Massachusetts Resident Total Cost $43,536
   In-State Tuition$28,426
   Other Fees$500
   Room and Board$13,464
   Books and Supplies$1,146
Non-Resident Total Cost $43,536
   Out-of-State Tuition$28,426
   Other Fees$500
   Room and Board$13,464
   Books and Supplies$1,146

All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $43,536 published price if scholarship or grant aid is made available to you.

Net Price

The net out of pocket price you end up paying or financing though student loans is known as the net price. The reported Endicott College net price for in-state students receiving aid was $29,417* for the 2010/2011 academic year.

Pell Grants and other Grant Aid

73% of Endicott College students received grant aid in 2010/2011. The average total aid amount was $10,779. 16 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $3,865. To apply for a Pell Grant to attend Endicott College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Endicott College
Financial Aid Summary
Average Annual Net Price$29,417*
Percent of Students Receiving Grant Aid73%
Average Total Grant Aid$10,779
Percent of Students Receiving Pell Grants16%
Average Amount of Pell Grant Aid$3,865

Average Financial Aid Mix - $43,536 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $43,536. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

25%
15%
60%

Grants and Scholarships

 25% - $10,779

Money granted to you by the U.S. Department of Education, Endicott College or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 15% - $6,573

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 60% -  $26,184

Covered by family savings, work or private student loans which you will have to repay.

Average Net Price by Family Income

The average net cost of attendance for different levels of family after federal, state or local government, institutional grant and scholarship aid are awarded. Data last reported for the 2011-2012 academic year.

Family Income Avg. Net Price
$0 to $30,000$23,168
$30,001 to $48,000$22,884
$48,001 to $75,000$28,079
$75,001 to $110,000$31,214
$110,000+$35,781

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.


Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Endicott College.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Endicott College is $174,144 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $29,417 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $117,668**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $217,680 or $147,085 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Endicott College.

Massachusetts Resident Tuition Per Semester$14,213
Massachusetts Resident Total Cost Per Semester$21,768

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Endicott College are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Endicott College
Price per credit hour$820
Cost for one class (3 credit hours)$2,460
Cost for one class (4 credit hours)$3,280



Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 64% of Endicott College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,573. The reported average student debt upon graduation is $36,198.

Example Loan Payments and Costs

How much are student loan payments for Endicott College? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $117,668, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $147,430.58. This could be your effective total out of pocket cost of an education at Endicott College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 73% of students at this school who receive financial aid and you are paying an average annual net price of $29,417. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Endicott College student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Endicott College Student Loan Payments
Example Payments
Monthly Loan Payment$1,228.59
Amount Borrowed$117,668.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$29,762.58
Sum of All Payments over 10 years$147,430.58

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Endicott College? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Endicott College, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $147,430.58 would be needed to afford a $1,228.59 monthly payment in the example $117,668.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Endicott College in the future? In the past five years, this school's published in-state tuition and fee total rose from $21,374 to $27,130. This amounts to an average annual price increase of 5.4%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $174,144.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Endicott College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$59,872$239,489
Estimated Cost in 10 years for students enrolling in 2024$76,414$305,655
Estimated Cost in 15 years for students enrolling in 2029 $97,525$390,102
Estimated Cost in 18 years for students enrolling in 2032 $112,898$451,592

Tuition History

What was tuition at Endicott College five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearTuitionAnnual Increase
2010$25,3763.4%
2009$24,5306.9%
2008$22,9507.4%
2007$21,3744.8%
2006$20,3907.7%
2005$18,9308.7%
2004$17,4085.8%
2003$16,4604.8%
2002$15,7043.9%
2001$15,1161.2%
2000$14,93810.9%
1999$13,4751.9%
1998$13,2203.9%
1997$12,7256.3%
1996$11,9704.5%
1995$11,4555%
1994$10,9105.8%
1993$10,3107%
1992$9,6406.5%
1991$9,0508.5%
1990$8,3409%
1989$7,6500%

Comparable Cost for Popular Majors

We've compared the out of state total cost of the most popular undergraduate areas of study at Endicott College to the national average cost for colleges offering that major. This helps identify particular programs where this school offers more value.

Area of Study Graduates Comparative Cost
Hospitality Administration/Management, General Bachelor's Degree 58 34% costlier
Sport and Fitness Administration/Management Bachelor's Degree 46 31% costlier
Psychology, General Bachelor's Degree 36 22% costlier
Mass Communication/Media Studies Bachelor's Degree 35 29% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 31 36% costlier
Interior Design Bachelor's Degree 23 32% costlier
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 20 22% costlier
Elementary Education and Teaching Bachelor's Degree 20 38% costlier
Design and Visual Communications, General Bachelor's Degree 19 30% costlier
Criminal Justice/Safety Studies Bachelor's Degree 13 44% costlier
Biotechnology Bachelor's Degree 9 30% costlier
Athletic Training/Trainer Bachelor's Degree 8 30% costlier
Fine/Studio Arts, General Bachelor's Degree 8 14% costlier
Physical Education Teaching and Coaching Bachelor's Degree 7 40% costlier
Accounting Bachelor's Degree 6 32% costlier
Environmental Science Bachelor's Degree 6 15% costlier
Human Services, General Bachelor's Degree 6 39% costlier
English Language and Literature, General Bachelor's Degree 5 22% costlier
Computer Science Bachelor's Degree 5 17% costlier
Early Childhood Education and Teaching Bachelor's Degree 4 40% costlier
History, General Bachelor's Degree 3 20% costlier
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 3 105% costlier
Environmental Studies Bachelor's Degree 2 1% costlier
Computer/Information Technology Services Administration and Management, Other Bachelor's Degree 2 41% costlier
Business Administration and Management, General Associate's Degree 2 118% costlier
Political Science and Government, General Bachelor's Degree 1 18% costlier
International/Global Studies Bachelor's Degree 1 13% costlier
Spanish Language and Literature Bachelor's Degree 1 14% costlier

Calculators

Use the calculators below to formulate a college savings plan for Endicott College or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Endicott College in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Endicott College student loan.

Prepayment Option

About Endicott College

Endicott College is a four year private college located in Beverly, Massachusetts.  Full time enrollment is 2,635 and part time is 1,745.  For the 2011/2012 school year, the school received 3,661 applicants. 2,321 were admitted and 650 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Endicott College
376 Hale Street
Beverly, Massachusetts
1915

For Profit / Not For Profit Status

Endicott College is a private not for profit institution.

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