Alma College

Alma, MI, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$21,836
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$16,528
$30k - $48k
$17,499
$48k - $75k
$20,070
$75k - $110k
$21,503
$110k+
$26,049
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$40,258
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$40,258
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$10,998
Books and Supplies
$800
Tuition Payment Plan
Yes
Financial Aid: visit page

Aid & Grants

0
100
75%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
29%
Average Aid Per Year
$28,481
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
29%
Average Federal Grant Aid Per Year
$4,493
Average Institution Grant Aid Per Year
$25,336
Students receiving state aid
67%
Average State Grant Aid Per Year
$2,208
Students receiving federal aid
37%
Average Federal Grant Aid Per Year
$4,493
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$34,037
$30k - $48k
$33,066
$48k - $75k
$30,495
$75k - $110k
$29,062
$110k+
$24,516
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$31,108,327
Total Non-Need-Based Scholarships/Grants
$5,818,646

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
96%
Average Loan Amount Per Year
$9,328
Students receiving federal loans
96%
Average Federal Loans Per Year
$6,085
Average Other Loans Per Year
$12,759
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$23,000
Loan Default Rate
6%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$287

What Students Are Saying

3.93 Average Rating
I do think that Alma College is quite expensive, but after weighing the pros and cons it is easy to see that in the end it is worth it. When I graduate with a meaningful degree and I am on to the next thing - such as a career or grad school of your choice - I know how much it really did help me and honestly was worth all of the money. Plus the great thing about Alma College is that they give very nice scholarships for academics, so make sure you apply for those!
Kristin from Charlotte, MI
Great courses, great professors, great campus.
Logan from Laingsburg, MI
Alma is very expensive college but in all honesty it is worth it. You have so many opportunities here and you are basically guaranteed a job once you graduate with an Alma College degree.
Madison from St. Johns, MI
Yes, you're going to pay through the nose, but it's for a really good education. By the end, you will be well-rounded, since this is a Liberal Arts college and you have to take every subject. It's definitely worth it.
Anonymous from Eaton Rapids, MI
Although Alma College is currently $38,000+ per year, it is important to realize that a degree from Alma College will set you apart as a prospective employee. The financial aid office is also very committed to assisting students in any way possible.
Rachel from Stevensville, MI
I know the initial sight of the tuition might be a little shocking, but trust me it is worth it. From the education you receive in the classes, the extracurricular activities available on campus, to the lifetime bonds you will make with new friends, every aspect of life on campus is worth the money. The college also offers many scholarships; take advantage of them.
Maygen from Webberville, MI

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