Annual Costs

Undergraduate Tuition

Tuition for Hondros College is $17,040 for the 2018/2019 academic year. This is 18% more expensive than the national average private for-profit four year college tuition of $14,406. The cost is 14% cheaper than the average Ohio tuition of $19,795 for 4 year colleges. Tuition ranks 55th in Ohio 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 $1,230 in addition to tuition bringing the total effective in-state tuition to $18,270.

Housing Costs

Hondros College doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Westerville area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $6,650.

Books and Supplies

The estimated annual cost for books and supplies is $2,806.

Other Living Expenses

Off-campus students should budget for $3,570 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Hondros College was $31,296 for the 2018/2019 academic year. The cost is the same for all students regardless of Ohio residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $24,646.

Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for Hondros College and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Hondros College
Estimated Budgets
Ohio Resident Total Budget (Living Off Campus)$31,296
   In-State Tuition$17,040
   Other Fees$1,230
   Off-Campus Housing Budget$6,650
   Off-Campus Other Budget$3,570
   Books and Supplies$2,806
Ohio Resident Total Budget (Living with Parents)$24,646
   In-State Tuition$17,040
   Other Fees$1,230
   Family Provided Room and Board$0
   With-Family Other Living Budget$3,570
   Books and Supplies$2,806
Non-Resident Total Budget (Living Off Campus)$31,296
   Out-of-State Tuition$17,040
   Other Fees$1,230
   Off-Campus Housing Budget$6,650
   Off-Campus Other Budget$3,570
   Books and Supplies$2,806


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 $31,296 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 Hondros College net price for in-state students is $26,476* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

77% of Hondros College students received grant aid in 2014/2015. The average total aid amount was $3,601. 76 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $3,340. To apply for a Pell Grant to attend Hondros College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Hondros College
Financial Aid Summary
Average Annual Net Price$26,476*
Percent of Students Receiving Grant Aid77%
Average Total Grant Aid$3,601
Percent of Students Receiving Pell Grants76%
Average Amount of Pell Grant Aid$3,340

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 published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$26,567
$30,001 to $48,000$24,975
$48,001 to $75,000$25,164
$75,001 to $110,000n/a

Average Financial Aid Mix - $31,296 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $31,296. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 13% - $3,601

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

Federal Loans

 23% - $6,424

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

Out of Pocket

 64% -  $17,701

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 Academic Year 2014-2015 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 Similar Private Colleges in the Region

School Cost vs. Hondros College
University of Phoenix Columbus Ohio Campus31.7% less expensive
DeVry University Ohio7.1% less expensive
Chamberlain College of Nursing Ohio8.5% more expensive
University of Phoenix Cincinnati Campus44.4% less expensive
Bryant and Stratton College Parma3.9% more expensive

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 Hondros 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 Hondros College is $125,184 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 $20,735 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $82,940**

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 $156,480 or $103,675 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 2014-2015 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 Hondros 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 Hondros College
Price per credit hour$315
Cost for one class (3 credit hours)$945
Cost for one class (4 credit hours)$1,260


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 Hondros College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,424.

Example Loan Payments and Costs

How much are student loan payments for Hondros 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 $82,940, 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 $102,909.52. This could be your effective total out of pocket cost of an education at Hondros College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 77% of students at this school who receive financial aid and you are paying an average annual net price of $20,735. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Hondros 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.

Hondros College Student Loan Payments
Example Payments
Monthly Loan Payment$857.58
Amount Borrowed$82,940.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$19,969.52
Sum of All Payments over 10 years$102,909.52

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Hondros 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 Hondros 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 $102,909.52 would be needed to afford a $857.58 monthly payment in the example $82,940.00 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 Hondros College in the future? In the past four years, this school's published in-state tuition and fee total rose from $16,050 to $17,040. This amounts to an average annual price increase of 1.2%. 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 $125,184.00. 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 Hondros College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$43,039$172,157
Estimated Cost in 10 years for students enrolling in 2030$54,930$219,721
Estimated Cost in 15 years for students enrolling in 2035 $70,106$280,426
Estimated Cost in 18 years for students enrolling in 2038 $81,157$324,628


Use the calculators below to formulate a college savings plan for Hondros 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 Hondros 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 Hondros College student loan.

Prepayment Option

About Hondros College

Hondros College is a four year private college located in Westerville, Ohio.  Full time enrollment is 1,470 and part time is 639. Learn more about getting accepted at Hondros College at CollegeSimply.

Only undergraduate degrees are offered at this school.

Hondros College
4140 Executive Parkway
Westerville, Ohio

For Profit / Not For Profit Status

Hondros College is a private, for profit school.

Hondros College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=203386 IPEDS survey data.