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Albright College Tuition and Fees

A private, United Methodist university, Albright College is situated in Reading, PA. Albright College occupies a total area of about 118 acres. It was in 1856 when the Albright College was founded. The motto of the Albright College is Veritas et Justitia and its official colors are red and white. The total enrolment stands at 2,320 students at Albright College. Around 1,718 and 40 students take admission in various undergraduate and postgraduate courses of the university. The school has an ac

$44,206

Tuition

$60,636

Cost of Attendance

$23,785

Net Price

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Albright College Tuition and Fees

Albright College is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at AC is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $25,642, which includes the total tuition fees and other expenses. The housing costs $12,480, books and supplies cost $1,000, while the other expenses add up to $2,460.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$45,306	$45,306
Book & Supplies	$1,000	$1,000
Room & Board cost	$12,070	$12,070
Other Expenses	$2,260	$2,260
Total Cost of Attendance	$60,636	$60,636

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Albright College, the total tuition and fees for the enrolled students come out to be around $25,642 in a year. In addition, the students will be needed to pay an average expense of $1,000 for books and supplies, $12,480 toward room and boarding, and $2,460 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $41,582 per year.

Average Net Price by Family Income

Net Price

$23,785

Family Income

Avg. Net Price

$0 to $30,000

$19,103

$30,001 to $48,000

$18,717

$48,001 to $75,000

$20,321

$75,001 to $110,000

$27,163

$110,000+

$31,510

As for the net cost for attending AC, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $20,064 at AC. For students with a family income below $30,000, the estimated net price is $15,077, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $15,867. The amount stands at $17,014 for an annual income between $48,001 and $75,000, $21,208 for the $75,001-$110,000 income bracket, and $29,752 for a family income above $110,000.

Student Loans

Example Loans

$101,812

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,057

Total interest paid

$24,978

Sum of Loan Payments

$126,790

To have a realistic understanding of how much it will cost to study at Albright College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $101,812 for example. This will result in a $12,679 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $126,790 which is $24,978 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$45,306	$45,306
Room & Board Cost	$12,070	$12,070
Total Tuition & Fees	$57,376	$57,376

At Albright College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $25,642 in a year. They would also be required to pay around $12,480 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at AC adds up to $41,582.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$643
Undergraduate	2018 - 2019	$1,381

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend AC. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $197. Also, Albright College currently offers a number of online courses to students across 50 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$12,070	$12,070
Other Expense	$2,260	$2,660
Book & Supplies	$1,000	$1,000

Now, coming to the lodging and related expenses at AC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $14,740 per year, while students have to pay $15,140 a year for off-campus housing. Moreover, the candidates will have to pay about $12,480 a year toward room and boarding charges. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Aside from these, the other expenses that students should plan for add up to $2,260 for on-campus candidates and $2,660 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$12,070

Off Campus

$12,070

Housing & Other Expenses

Other Expenses

On Campus

$2,260

Off Campus

$2,660

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Certificate	NA	NA
Certificate	NA	NA

Albright College offers 2 online programs across 1 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $203,609. To note, the total expenses for undergraduate students stood at $20,064 for 2018-2019, $23,785 for 2017-2018, and $24,673 for 2016-2017.

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