Colgate University

In 2022, Colgate University's tuition was $66,622 a year.

In 2023, tuition increased 4.25%–from $63,904 the prior year. Usually, college tuition rises about 3% year.

If these numbers seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college feel more doable until after graduation.

Colgate University meets 100% of the demonstrated financial need for undergraduates. First-year students that attend Colgate University full-time are awarded $64,355 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $25,631 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Colgate University

Colgate University is a private, nonprofit institution, which means it has the same tuition for residents of New York as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for students who are residents of that state.

Choosing a school where you are eligible for the reduced tuition offered to state residentscan save on the total cost of attending college. Be sure to check your state's eligibility criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.

Explore other New York colleges

Is Colgate University's Tuition Different for International Students?

Tuition at Colgate University is the same for each student.

International students are not eligible for loans or grants from the U.S. government, but should research private or Colgate University-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Colgate University:

•On-campus jobs •Colgate University-specific loans •Colgate University-specific scholarships

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Colgate University Housing Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Colgate University.

Room and Board Costs at Colgate University

Room and board at Colgate University costs $16,790 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Colgate University's on-campus cafeterias and dining halls.

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

How Much Do Books Cost at Colgate University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Colgate University

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Colgate University, freshman are allowed to park on campus.

A school's location can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is sometimes costly, but cities may offer more buses, trains and affordable flights to actually get to school. Colgate Universityis in a town in New York, near Syracuse and Utica.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Colgate University

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Colgate University.

Total Cost of Colgate University

What will the cost of attending Colgate University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$66,622
Room and Board	$16,790

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$83,814
Off-Campus	$67,024

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Colgate University

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In 2023, 1,027 of the 3,130 undergrads enrolled received financial aid. Colgate University meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $64,355 a year. Around 26% of Colgate University undergrads take out student loans to cover any remaining costs. Colgate University graduates who have student loans graduate with an average of $25,631 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$12,440
Colgate University-Specific Loans	$6,929
Private Loans	$54,021

Most Common Loans for Colgate University Students
Federal Loans	24%
Institutional Loans	1%
Private loans	7%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Colgate University financial aid, keep reading, or visit their financial aid website.

Scholarships at Colgate University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Colgate University awarded 1,026 need-based scholarships to students, giving away total of $61.9 million to help students with financial need cover the cost of school. An additional $3.24 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Colgate University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Colgate University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Colgate University was $64,355 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Colgate University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,459
Off-Campus	$2,669

What will attending Colgate University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Colgate University's net cost calculator on their website.

Colgate University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Colgate University does not have guaranteed tuition.

Colgate University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Colgate University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Colgate University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Colgate University's endowment was valued at $1.197 billion in 2023, compared to a national average of $905 million. For each full-time student, Colgate University spends about $26,413 a year.

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Learn More About Colgate University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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