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Tuition and Cost to Attend Washington & Jefferson College

Annual Total Cost

The annual total list price cost to go to Washington & Jefferson College was $50,790 for the 2013/2014 academic year. The cost is the same for all students regardless of Pennsylvania residence status as there is no in-state discount.

Undergraduate Tuition

Tuition for Washington & Jefferson College is $39,250 for the 2013/2014 academic year. This is 60% more expensive than the national average private non-profit four year college tuition of $24,476. The cost is $15,955 and 68% more expensive than the average Pennsylvania tuition of $23,295 for 4 year colleges. Tuition ranks 121st in Pennsylvania amongst 4 year colleges for affordability and is the 15th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $460 in addition to tuition bringing the total effective in-state tuition to $39,710.

Housing Costs

On campus room and board is provided by the school at a cost of $10,280 per academic year. Students electing to live off campus elsewhere in Washington should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $800.

Costs and Tuition for Washington & Jefferson College
Expenditure Price
Pennsylvania Resident Total Cost $50,790
   In-State Tuition$39,250
   Other Fees$460
   Room and Board$10,280
   Books and Supplies$800
Non-Resident Total Cost $50,790
   Out-of-State Tuition$39,250
   Other Fees$460
   Room and Board$10,280
   Books and Supplies$800

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.

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 $50,790 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Washington & Jefferson College net price for in-state students receiving aid was $25,561* for the 2010/2011 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

95% of Washington & Jefferson College students received grant aid in 2010/2011. The average total aid amount was $17,937. 25 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 $3,862. To apply for a Pell Grant to attend Washington & Jefferson College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Washington & Jefferson College
Financial Aid Summary
Average Annual Net Price$25,561*
Percent of Students Receiving Grant Aid95%
Average Total Grant Aid$17,937
Percent of Students Receiving Pell Grants25%
Average Amount of Pell Grant Aid$3,862

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income 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$18,642
$30,001 to $48,000$20,734
$48,001 to $75,000$21,004
$75,001 to $110,000$26,051
$110,000+$30,100

Average Financial Aid Mix - $50,790 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $50,790. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

35%
14%
51%

Grants and Scholarships

 35% - $17,937

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

Federal Loans

 14% - $6,928

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

Out of Pocket

 51% -  $25,925

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

*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.


Tuition Comparison to Academically Similar Schools in the Region

School Cost vs. Washington & Jefferson College

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 Washington & Jefferson 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 Washington & Jefferson College is $203,160 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 $25,561 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $102,244**

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 $253,950 or $127,805 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

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 Washington & Jefferson 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 Washington & Jefferson College
Price per credit hour$903
Cost for one class (3 credit hours)$2,709
Cost for one class (4 credit hours)$3,612



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. 73% of Washington & Jefferson College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,928.

Example Loan Payments and Costs

How much are student loan payments for Washington & Jefferson 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 $102,244, 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 $128,105.28. This could be your effective total out of pocket cost of an education at Washington & Jefferson College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 95% of students at this school who receive financial aid and you are paying an average annual net price of $25,561. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Washington & Jefferson 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.

Washington & Jefferson College Student Loan Payments
Example Payments
Monthly Loan Payment$1,067.54
Amount Borrowed$102,244.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$25,861.28
Sum of All Payments over 10 years$128,105.28

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Washington & Jefferson 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 Washington & Jefferson 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 $128,105.28 would be needed to afford a $1,067.54 monthly payment in the example $102,244.00 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 Washington & Jefferson College in the future? In the past five years, this school's published in-state tuition and fee total rose from $28,080 to $36,420. This amounts to an average annual price increase of 5.9%. 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 $203,160.00. 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 Washington & Jefferson College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$69,848$279,392
Estimated Cost in 10 years for students enrolling in 2024$89,146$356,583
Estimated Cost in 15 years for students enrolling in 2029 $113,775$455,101
Estimated Cost in 18 years for students enrolling in 2032 $131,709$526,836

Tuition History

What was tuition at Washington & Jefferson 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$32,8954.4%
2009$31,4966.7%
2008$29,5325.2%
2007$28,0806.6%
2006$26,3306.9%
2005$24,6205.8%
2004$23,2607.4%
2003$21,6585.4%
2002$20,5504.6%
2001$19,6503.4%
2000$19,0002.2%
1999$18,6003.3%
1998$18,0003%
1997$17,4703.7%
1996$16,8401.8%
1995$16,5405.9%
1994$15,62014.7%
1993$13,6206%
1992$12,85010.1%
1991$11,67211.2%
1990$10,5007.4%
1989$9,7789.4%
1988$8,9400%

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Washington & Jefferson College to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Information Technology Bachelor's Degree 15 66% costlier
Psychology, General Bachelor's Degree 14 43% costlier
Cell/Cellular Biology and Anatomical Sciences, Other Bachelor's Degree 11 9% costlier
Biochemistry Bachelor's Degree 9 23% costlier
Business/Commerce, General Bachelor's Degree 9 53% costlier
Spanish Language and Literature Bachelor's Degree 8 34% costlier
Education, General Bachelor's Degree 7 35% costlier
Environmental Studies Bachelor's Degree 5 18% costlier
Political Science and Government, General Bachelor's Degree 4 38% costlier
Economics, General Bachelor's Degree 3 29% costlier
German Language and Literature Bachelor's Degree 3 23% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 3 37% costlier
Art/Art Studies, General Bachelor's Degree 3 46% costlier
History, General Bachelor's Degree 3 40% costlier
English Language and Literature, General Bachelor's Degree 3 43% costlier
Physics, General Bachelor's Degree 2 31% costlier
International Business/Trade/Commerce Bachelor's Degree 2 40% costlier
International/Global Studies Bachelor's Degree 2 31% costlier
Theatre Literature, History and Criticism Bachelor's Degree 2 12% costlier
French Language and Literature Bachelor's Degree 2 25% costlier
Philosophy Bachelor's Degree 2 27% costlier
Mathematics, General Bachelor's Degree 1 40% costlier
Sociology Bachelor's Degree 1 39% costlier
Chemistry, General Bachelor's Degree 1 38% costlier
Accounting Bachelor's Degree 1 54% costlier
Biology/Biological Sciences, General Bachelor's Degree 1 42% costlier
Art Teacher Education Bachelor's Degree 1 57% costlier

Calculators

Use the calculators below to formulate a college savings plan for Washington & Jefferson 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 Washington & Jefferson 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 Washington & Jefferson College student loan.

Prepayment Option

About Washington & Jefferson College

Washington & Jefferson College is a four year private college located in Washington, Pennsylvania.  Full time enrollment is 1,436 and part time is 21.  For the 2011/2012 school year, the school received 6,504 applicants. 2,651 were admitted and 376 enrolled.

Only undergraduate degrees are offered at this school.

Address
Washington & Jefferson College
60 S Lincoln St
Washington, Pennsylvania
15301

For Profit / Not For Profit Status

Washington & Jefferson College is a private not for profit institution.

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