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Tuition and Fees 2018 Costs of Attendance

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Cost to Attend Spelman College

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Annual Costs

Undergraduate Tuition

Tuition for Spelman College is $24,382 for the 2017/2018 academic year. This is 12% cheaper than the national average private non-profit four year college tuition of $27,755.

The cost is 75% more expensive than the average Georgia tuition of $13,938 for 4 year colleges. Tuition ranks 54th in Georgia amongst 4 year colleges for affordability and is the 12th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $3,799 in addition to tuition bringing the total effective in-state tuition to $28,181.

Housing Costs

On campus room and board is provided by the school at a cost of $13,461 per academic year. Students electing to live off campus elsewhere in Atlanta should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $3,000.

Other Living Expenses

If living on-campus, students should budget for $7,000 in additional living expenses. Off-campus students should budget for $7,000 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Spelman College was $51,642 for the 2017/2018 academic year. The cost is the same for all students regardless of Georgia residence status as there is no in-state discount.

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

Costs and Tuition for Spelman College
Estimated Budgets
Georgia Resident Total Budget $51,642
   In-State Tuition$24,382
   Other Fees$3,799
   Room and Board$13,461
   On-Campus Other Budget$7,000
   Books and Supplies$3,000
Non-Resident Total Budget $51,642
   Out-of-State Tuition$24,382
   Other Fees$3,799
   Room and Board$13,461
   On-Campus Other Budget$7,000
   Books and Supplies$3,000

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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 $51,642 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 Spelman College net price for in-state students is $30,522* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

71% of Spelman College students received grant aid in 2014/2015. The average total aid amount was $12,177. 49 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 $4,420. To apply for a Pell Grant to attend Spelman College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Spelman College
Financial Aid Summary
Average Annual Net Price$30,522*
Percent of Students Receiving Grant Aid71%
Average Total Grant Aid$12,177
Percent of Students Receiving Pell Grants49%
Average Amount of Pell Grant Aid$4,420

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 IncomeAvg. Net Price
$0 to $30,000$30,307
$30,001 to $48,000$32,422
$48,001 to $75,000$37,409
$75,001 to $110,000$37,990
$110,000+$39,188

Average Financial Aid Mix – $51,642 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $51,642. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
15%
58%

Grants and Scholarships

 27% – $12,177

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

Federal Loans

 15% – $6,536

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

Out of Pocket

 58% –  $25,929

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.

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 Spelman 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 Spelman College is $206,568 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 $27,648 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $110,592**

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 $258,210 or $138,240 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

Estimated Cost Per Semester

Most colleges don’t charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn’t have to pay for a full academic year. These our estimated costs for a semester at Spelman College.

Georgia Resident Tuition Per Semester$12,191
Georgia Resident Total Cost Per Semester$25,821

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 Spelman 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 Spelman College
Price per credit hour$1,010
Cost for one class (3 credit hours)$3,030
Cost for one class (4 credit hours)$4,040

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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. 67% of Spelman College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,536. The reported average student debt upon graduation is $35,168.

Example Loan Payments and Costs

How much are student loan payments for Spelman 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 $110,592, 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 $137,219.31. This could be your effective total out of pocket cost of an education at Spelman College. Note that this calculation assumes you don’t pay full list price tuition, are part of the reported 71% of students at this school who receive financial aid and you are paying an average annual net price of $27,648. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Spelman 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.

Spelman College Student Loan Payments
Example Payments
Monthly Loan Payment$1,143.49
Amount Borrowed$110,592.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$26,627.31
Sum of All Payments over 10 years$137,219.31

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Spelman 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 Spelman 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 $137,219.31 would be needed to afford
a $1,143.49 monthly payment in the example $110,592.00 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 Spelman College in the future? In the past four years, this school’s published in-state tuition and fee total rose from $20,569 to $24,382. This amounts to an average annual price increase of 3.7%. 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 $206,568.00. 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 Spelman College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2023$71,020$284,079
Estimated Cost in 10 years for students enrolling in 2028$90,641$362,565
Estimated Cost in 15 years for students enrolling in 2033 $115,684$462,735
Estimated Cost in 18 years for students enrolling in 2036 $133,918$535,674

Tuition History

What was tuition at Spelman 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 in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearTuitionAnnual Increase
2012$19,6845.2%
2011$18,709-10.6%
2010$20,9263.2%
2009$20,2818.9%
2008$18,6159.5%
2007$17,0056.6%
2006$15,9456.7%
2005$14,9405.8%
2004$14,12511.4%
2003$12,6756.7%
2002$11,8806.7%
2001$11,1353.5%
2000$10,7593.2%
1999$10,4255.2%
1998$9,9101.6%
1997$9,75013%
1996$8,6257.5%
1995$8,0257.7%
1994$7,4525.3%
1993$7,0775.5%
1992$6,7076.3%
1991$6,30711.6%
1990$5,65011.4%
1989$5,0727.1%
1988$4,737

Comparable Cost for Popular Majors

We’ve compared the out of state cost of the most popular undergraduate areas of study at Spelman 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 StudyGraduatesvs National Avg
Psychology, General Bachelor’s Degree 8728% costlier
Biology/Biological Sciences, General Bachelor’s Degree 5428% costlier
English Language and Literature, General Bachelor’s Degree 5229% costlier
Political Science and Government, General Bachelor’s Degree 4224% costlier
Economics, General Bachelor’s Degree 3915% costlier
Sociology Bachelor’s Degree 2025% costlier
Chemistry, General Bachelor’s Degree 1724% costlier
International Relations and Affairs Bachelor’s Degree 1610% costlier
Women’s Studies Bachelor’s Degree 149% costlier
Early Childhood Education and Teaching Bachelor’s Degree 1349% costlier
Music, General Bachelor’s Degree 1225% costlier
Spanish Language and Literature Bachelor’s Degree 1020% costlier
Mathematics, General Bachelor’s Degree 1026% costlier
Drama and Dramatics/Theatre Arts, General Bachelor’s Degree 822% costlier
History, General Bachelor’s Degree 626% costlier
Fine Arts and Art Studies, Other Bachelor’s Degree 613% costlier
Biochemistry Bachelor’s Degree 411% costlier
Philosophy Bachelor’s Degree 314% costlier
Human Services, General Bachelor’s Degree 248% costlier
Environmental Control Technologies/Technicians, Other Bachelor’s Degree 213% costlier
Anthropology Bachelor’s Degree 214% costlier
Religion/Religious Studies Bachelor’s Degree 29% costlier
Physics, General Bachelor’s Degree 217% costlier
Computer and Information Sciences, General Bachelor’s Degree 140% costlier
Engineering, General Bachelor’s Degree 113% costlier
French Language and Literature Bachelor’s Degree 112% costlier

Calculators

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

How much will Spelman College cost in 18 years?
How much is the monthly student loan payment for Spelman College?

About Spelman College


Spelman College is a four year private college located in Atlanta, Georgia.  Full time enrollment is 2,061 and part time is 64.

Only undergraduate degrees are offered at this school.


Address
Spelman College
350 Spelman Lane SW
Atlanta, Georgia
30314-4399

http://www.spelman.edu

For Profit / Not For Profit Status

Spelman College is a private not for profit institution.

Spelman College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=141060 IPEDS survey data.



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CollegeCalc is a source for students and parents seeking college pricing data and higher education cost calculation. Learn more.

Data Sources

All school data is sourced from the U.S. Department of Education IPEDS Surveys for school years 2017-2018 and 2016-2017 and is in the public domain. Site data was last updated in October 2018. This site is not affiliated with or endorsed by the U.S. Department of Education. We believe the content represented on this website to be correct yet make no guarantee to its accuracy. CollegeCalc.org has no direct affiliation with the schools presented on this website and the school names are the property of their respective trademark owners.

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Spelman College Tuition and Financial Aid


This guide is designed to answer one question for you: How are you going to afford Spelman College?

You probably know that planning for expenses is an important part of the college application process. What you may not know is how many different things you need to keep track of to pay tuition and apply for financial aid.

Here’s what we’ll cover:

  • How much does Spelman College tuition cost?
  • How much financial aid do students at Spelman College usually get?
  • How much debt is typical for students at Spelman College?
  • How much will Spelman College cost YOU, and can you actually afford it?
  • Is Spelman College a good value for you?
  • What are other schools that might be a better value than Spelman College?

By learning more about expenses and aid, you’re already on the right path to managing college costs. Let’s get started!

School location: Atlanta, GA

How Much Does Spelman College Cost?

Knowing what a school costs is Step #1 in managing college costs. There’s more to think about than just the tuition—you also have to factor in where you’ll live, what you’ll eat, and more while attending Spelman College.

The “Cost of Attendance” is the total amount of money the average student has to pay, WITHOUT any financial aid, to attend a particular school. Think of it as a school’s sticker price. It includes not just Spelman College tuition and fees, but also room, board, textbooks, and personal expenses.

Here’s the Cost of Attendance breakdown for Spelman College:

  • Tuition and Fees

    $24634
    $24634
  • Room & Board, On-Campus
    $11945
  • Room & Board, Off-Campus
    $11945
  • Textbooks
    $2000
  • Other Expenses
    $4300

  • Typical Total Cost for On-Campus Students

    Typical Total Cost for On-Campus Students


    $42879

    $42879


  • Typical Total Cost for Off-Campus Students
    Typical Total Cost for Off-Campus Students


    $42879
    $42879

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How Much Financial Aid Do Students at Spelman College Get?

The Cost of Attendance listed above might be intimidating. The good news is that most students don’t end up paying that full price to attend Spelman College.
Financial aid helps make up the difference between the Cost of Attendance and what families can actually afford.

Here we’ll cover how many students get Spelman College financial aid, what types of aid they get, and how much.

A Brief Intro to Financial Aid

Aid comes in many forms, including:

  • Need-based grants
  • Merit-based scholarships
  • Student loans

This financial aid comes from a few different places:

  • Federal aid comes from the federal government, or is subsidized by the federal government.
  • Institutional aid comes from your school itself.

Generally, it’s better for MORE students to receive HIGH amounts of financial aid—this means students pay less for college.

Let’s take a look at how Spelman College compares to other schools.

Overall Aid

Let’s start with the overall numbers. At Spelman College, we know that:

90% of Students Get ANY Aid

This is 2% LOWER than the average for Private not-for-profit schools, which is 92%.

This could be bad news – fewer students getting aid could mean students are paying more at Spelman College than they would at other similar schools. It could also mean students attending Spelman College are wealthier and need less aid.

To break this apart, we’ll next look at each type of aid and how much students get from each.

Grants and Scholarships

We’re focusing on grants and scholarships first because they’re the most important forms of financial aid. Grants and scholarships are better than loans because students don’t ever have to pay them back. The more grant/scholarship aid students receive at a particular school, the better off those students are in the long run.

At Spelman College, we know that:

70% Get ANY Grant Money

This is 19% LOWER than the average for Private not-for-profit schools, which is 89%.

Although it’s useful to know how many students get grant aid, it’s also important to know how much grant aid people tend to receive. The bigger the average grant award, the better.

So how much grant money do students at Spelman College tend to receive?

Average Grant Award: $12769

This is $3719 LOWER than the average for Private not-for-profit schools, which is $16488.

Altogether, this is bad news – at Spelman College, FEWER students get aid, and each aid grant is LESS than average. This is a double whammy that means students have to rely more on loans to pay for college.

How Generous is Spelman College’s Financial Aid?

The grant dollar amounts we’ve seen so far have included aid from all sources – both federal and institutional. Schools don’t have much control over how much federal aid students can qualify for (like Pell Grants), but they do their own financial aid dollars and how they’re used.

To figure out how strong Spelman College’s own financial aid program is, we’ll look at how they award their own (non-federal) financial aid dollars. The more students receive aid directly from the school (otherwise known as institutional aid), and the bigger the award amounts, the better the financial aid program.

Let’s see how generous Spelman College is with its students:

48% Get ANY School Grants

This is 34% LOWER than the average for Private not-for-profit schools, which is 82%.

Because Spelman College gives a smaller percentage of its students institutional grants than similar schools, it may offer less competitive financial aid.

Some schools may claim to offer large amounts of aid to prospective students without advertising that much of this money may come in the form of student loans – money that you have to pay back. To figure out if this is the case, check out our following section on student loan debt at Spelman College.

The amount of money that students actually get is just as important (if not more important) than the percent of students who get grants. If you receive a grant, you’ll want it to be big enough to do you some good.

Average School Grant: $12331

This is $1468 LOWER than the average for Private not-for-profit schools, which is $13799.

Right away, it seems like Spelman College offers less institutional aid than other schools. This can mean a few things: first, students who do receive institutional grants may not get a competitive amount, compared to other schools.

Second, this can also mean that the school just costs less than the typical school of its type. If the school costs less, it makes sense for the average grant award to be lower.

Up to this point, we’ve looked entirely at grants for Spelman College. Next, we’ll do the same analysis for student loans, which is where student debt comes from.

How Much Debt is Typical for Students at Spelman College?

Aside from grants, the other major way to pay for college is with student loans. Student loans aren’t free sums of money – you borrow a certain amount to attend Spelman College, and then pay it back with smaller monthly payments after you graduate.

The more student loan money you borrow, the more debt you’ll end up with after graduation. Ideally, you want to minimize your student debt as much as possible. Less debt means less of a financial burden once you leave school.

It’s generally a bad sign if a school has many students taking out a lot of loans. This indicates that graduates have to worry about paying back big sums of money once they leave school.

To address the amount and type of debt that students take on, this section will cover:

  • Loan Overview
  • Federal Loans
  • Other Loans

Let’s see what students at Spelman College have to deal with:

Loan Overview

First, let’s talk about how many students at Spelman College actually have to take out any student loans at all. The ideal goal is to graduate with little to no debt.

It’s very common for college grads in the US to graduate with some debt, but high percentages of students taking on loans at a particular school is a big red flag. In contrast, low percentages of students with loans is a sign that Spelman College tuition is affordable.

So how many students actually end up taking out loans at Spelman College?

70% Have ANY Loans

This is 4% higher than the average for Private not-for-profit schools, which is 66%.

High numbers of students with loans is a red flag, and Spelman College is above average. It doesn’t necessarily mean that students end up with high amounts of debt – we’ll get to that question very shortly – but it suggests that Spelman College is less affordable for the average student.

To break this down further, we have to understand how much actual debt the average person takes out while in school. Next, we’ll look at student debt amounts.

Federal Loans

Now that you have a handle on the basic loan information for Spelman College, we’ll get into some more nitty-gritty information on the types and amounts of loans that students typically have.

We’ll start with federal loans because, in general, federal loans are preferable to private loans. Federal loans tend to have low interest rates, which means they cost less in the long run. They may come with other perks (like subsidization or even options for loan forgiveness).

High percentages or amounts of federal loans still isn’t a great sign – again, you don’t want to see students burdened with too much debt. Generally, schools with strong financial aid programs will have students with more federal loans than private loans.

Let’s see how Spelman College stacks up:

68% Have Federal Loans

At Spelman College, 68% of all students take out federal loans. This is 3% HIGHER than the average percent of students for Private not-for-profit schools, which is 65%.

Average Federal Loan: $7240

At Spelman College, the average annual federal loan amount is $7240. This amount is $1163 MORE than the average for Private not-for-profit schools, which is $6077.

Other Private Loans

Other loans, or private loans, are the last resource students turn to when paying for college. They’re the least preferable form of financial aid because they have higher interest rates and cost students the most money in the long run.

Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable Spelman College is.

Let’s take a look at the percentage of students at Spelman College with non-federal loans:

11% Have Private Loans

At Spelman College, 11% of students take out private loans. This is 2% HIGHER than the average for Private not-for-profit schools, which is 9%

Just as important as the percentage of students with private loans is the average loan amount. The smaller the average loan amount, the better:

Average Private Loan: $16464

The average private loan amount at Spelman College is $16464. This is $5020 HIGHER than the average for Private not-for-profit schools, which is $11444.

The percentage of students getting federal loans is greater than those getting private loans, which is a good sign. This means lower-interest federal loans are usually enough to pay for Spelman College.

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What Would It Cost YOU to Attend Spelman College?

Finally, we get to the bottom line: what will Spelman College actually cost YOU? Every family has a different situation, and depending on your income level, you’ll have to pay more or less to go to college.

What is Net Price, and Why Does it Matter?

Above, we’ve covered Spelman College’s Cost of Attendance (tuition, room and board, books, and more). We also covered its typical financial aid in grants, loans, and scholarships.

The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The lower the school’s cost, and the more aid you get, the lower the Net Price.

We’ll cover two ways to get your Net Price for Spelman College – the fast way, and the precise way.

Net Price: The Quick and Easy Way

If you want a quick, general idea of your annual Net Price at Spelman College, here’s a handy chart showing the net price of real students. All you need is your family income.

If your family makes between…Your Net Price will likely be around…
$0 – $30,000$27523
$30,001 – $48,000 $27660
$48,001 – $75,000 $34846
$75,001 – $110,000 $33778
$110,000 and up $38638

Note that these values may be a few years old, and today’s prices may be a bit higher.

As we’ll discuss next, your exact Net Price will depend on other factors like the number of family members and total assets, but this represents the typical Net Price.

Net Price: The Most Accurate Method

Most schools have an updated Net Price calculator available. To find it, just google “Spelman College Net Price Calculator” – the official tool should be one of the top search results.

Often the school will ask for more information than just income:

  • The number of people in your household
  • The number of family members in college
  • Parental wages, income, and assets
  • Student wages, income, and assets

This will take 10-15 minutes to complete, and you’ll get a specific net price that’s more accurate than the table above.

Can You Afford to Attend Spelman College?

Once you have a Net Price estimate, you’ll want to figure out whether your family can afford to pay Spelman College tuition and costs. Once again, the Net Price is the total cost of attending, minus the aid you can expect to get (grants and scholarships). It’s the amount you’d have to cover yourself.

The US government has come up with a standardized way to calculate how much a typical family can afford to pay without help. They call this the Expected Family Contribution, or EFC.

As an example, a family that brings home $80,000 in income before taxes, with no assets and no other children in college, has an EFC of around $7,000. This is the amount the government thinks that family can reasonably pay, and the school will have to step in and cover the rest.

Colleges use this number as a guideline to decide how much aid to give you, but it’s just a guideline. Some schools will be stingier with aid, and you’ll have to pay more than the government’s suggested EFC.

So we’re going to calculate your EFC and compare it to Spelman College’s Net Price. If the Net Price is higher than the EFC, the school will cost more than you can typically afford. It’s a simple equation:

Net Price – Expected Family Contribution = Deficit (extra cost you would need to cover)

We’ve constructed a simple tool to figure out whether Spelman College is affordable for you:

Affordability Calculator

This tool will calculate your Expected Family Contribution, or EFC. In order to calculate this amount, we need just 4 pieces of information from you. We won’t save this data.

The typical Net Price at Spelman College for your income level is $.

The difference between the Net Price and your Expected Family Contribution is $

, which is negative and means the net price is below what your family can comfortably afford.

is still a sizable amount, and if you have to take out loans, it may take many years to pay off.

Therefore, it’s still worthwhile to consider your options. Is Spelman College really the best value education? Are there more affordable schools that can also give you a better education? We’ll discuss this next.

is still a significant amount, but a manageable amount to pay off even if you took out loans.

It’s still useful to use the school’s official Net Price calculator to figure this out, but things are looking good. And even though you can afford Spelman College, it’s still worthwhile to consider whether there are any schools that will offer even more value. We’ll discuss this next.

is still a significant amount to cover, but manageable to pay off with your job after college, even if you took out loans.

It’s still useful to search for the official Net Price calculator at Spelman College to get the most accurate estimate, but you’re in good shape.

Even though you can afford Spelman College, when making such an important financial decision, it’s important to think about the actual value of the education. Are there any schools of higher value than Spelman College? We’ll find out more below.

Great news! Your Net Price to attend Spelman College is less than your Expected Family Contribution. This means your family should be able to afford the cost of college without much of a problem.

You can pay for college through a variety of ways. For example, your family can pay out of pocket, and you’ll graduate without loans. Or, if you want to be more independent, you can still take out loans or take a part-time job to pay for part of the costs. In any case, you should be in good financial shape to attend Spelman College.

Since we’ve been using estimations so far, it’s still useful for you to look for Spelman College’s official Net Price calculator to double-check our math.

Even though you can comfortably afford Spelman College, it’s important to think about the value of the education you’ll be receiving as well. What schools offer a better education than Spelman College or are even more affordable? We’ll find out below.

Finally: Is This Price Really Worth It?

Chances are, college won’t be cheap. Even if you have a few top choice schools in mind like Spelman College, it’s still useful to explore broadly.

A few questions to ponder:

  • How much better off will you be if you attend Spelman College as opposed to a similar, but cheaper, school?
  • Have you considered a range of private and public schools? Big and small?
  • What if you didn’t attend college at all? (This is extreme, but just worth considering even for a second.

These are the big picture questions to consider when we talk about the value of a college education.


Here’s our take: college will be a really important stage in your development. Going to a better, more reputable college will usually pay off in the long run. By going to a better college, you’ll be surrounded by a more interesting community, find it easier to land a job, and open up opportunities.

To determine the value of Spelman College, we’re going to rely on reputable ranking lists. These consider factors like reputation, student selectivity, income after graduating, and more to determine the value of a school.

Value Judgment

So how does Spelman College stack up?

High Value

Based primarily on its reputation, Spelman College is a high value school, placing it in the top 20% of schools in terms of value.

Spelman College gets this verdict primarily on the school’s reputation. On college ranking lists, it often ranks between #50 and 100, putting it roughly in the top 10% of schools. This means that you’ll get a rigorous college education and be well prepared to build your career after graduating.

On value rankings lists, Spelman College doesn’t often appear. This usually means that, compared to other schools of similar reputation, [s.get_name} has a higher net price and may offer less competitive financial aid. To cover the cost of admission, you may have to take out loans, get scholarships, or work a part-time job.

Overall, we still believe Spelman College is a high value school that is worth the cost. But if you can attend an even better school with a better reputation and lower cost, you’ll get a much higher bang for your buck.

How Do You Get In?

Since Spelman College has a pretty strong reputation, you’ll have to submit a solid application to get in. This means having competitive SAT/ACT scores, a solid GPA, and activities to stand out among thousands of applicants.

How do you compare to other students accepted to Spelman College? Check out our Admissions Guide to Spelman College .

What Other Schools Should You Consider?

Your next step should be to get a better idea of costs and aid availability at similar schools. If you’re interested in Spelman College, you should check out some other high-value schools that could give you more bang for your buck. Get started here to check both in-state and out-of-state schools that might provide a better value.


Better Value Schools

Finally, we’re going to look at schools that might offer a better value than Spelman College. To compile this list, we first find schools at similar academic levels, so you have a similar chance at getting in. Then we select schools that better value for you, by being more affordable or having a higher quality of education

It’s hard to know exactly what schools will be a great value for you without information on your family income. Enter your family income here for the best recommendations for schools:

In-State Schools

There are a lot of potential financial benefits that come with attending a school close to home. For example, in-state public schools tend to have subsidized tuitions for state residents. Students may also have the chance to save money if they choose to stay at home.

If you’re looking for good deals on schools in your state, you should start by checking out the following colleges and universities:

School NameLocationSATACTGPA
Southern Polytechnic State University Marietta, GA1665243.28
Georgia Southern University Statesboro, GA1639243.29
Oglethorpe University Atlanta, GA1686253.53
Reinhardt University Waleska, GA993203.11
Piedmont College Demorest, GA987213.44
Southern Polytechnic State University Marietta, GA1665243.28
Georgia Southern University Statesboro, GA1639243.29
Oglethorpe University Atlanta, GA1686253.53
Reinhardt University Waleska, GA993203.11
Brenau University Gainesville, GA985203.23
Southern Polytechnic State University Marietta, GA1665243.28
Georgia Southern University Statesboro, GA1639243.29
Oglethorpe University Atlanta, GA1686253.53
Reinhardt University Waleska, GA993203.11
Savannah College of Art and Design Savannah, GA1588233.47
Southern Polytechnic State University Marietta, GA1665243.28
Georgia Southern University Statesboro, GA1639243.29
Oglethorpe University Atlanta, GA1686253.53
Reinhardt University Waleska, GA993203.11
Life University Marietta, GA936213.15
Southern Polytechnic State University Marietta, GA1665243.28
Georgia Southern University Statesboro, GA1639243.29
Oglethorpe University Atlanta, GA1686253.53
Reinhardt University Waleska, GA993203.11
Georgia State University Atlanta, GA1047223.4

Out-of-State Schools

You can still get a good value on your education if you choose to attend an out-of-state school, especially if you qualify for generous financial aid.

If you’re interested in getting an education out-of-state, start by checking out the following colleges and universities:

School NameLocationSATACTGPA
Seton Hall University South Orange, NJ1670253.45
University of Alaska Anchorage Anchorage, AK1470223
Pacific Lutheran University Tacoma, WA1634253.68
Westminster College New Wilmington, PA1557233.61
Marian University Indianapolis, IN1523233.45
Seton Hall University South Orange, NJ1670253.45
University of Alaska Anchorage Anchorage, AK1470223
Pacific Lutheran University Tacoma, WA1634253.68
Westminster College New Wilmington, PA1557233.61
Delaware State University Dover, DE1315193.11
Seton Hall University South Orange, NJ1670253.45
University of Alaska Anchorage Anchorage, AK1470223
Pacific Lutheran University Tacoma, WA1634253.68
Westminster College New Wilmington, PA1557233.61
Messiah College Mechanicsburg, PA1680253.71
Seton Hall University South Orange, NJ1670253.45
University of Alaska Anchorage Anchorage, AK1470223
Pacific Lutheran University Tacoma, WA1634253.68
Westminster College New Wilmington, PA1557233.61
Lees-McRae College Banner Elk, NC950213.29
Seton Hall University South Orange, NJ1670253.45
University of Alaska Anchorage Anchorage, AK1470223
Pacific Lutheran University Tacoma, WA1634253.68
Westminster College New Wilmington, PA1557233.61
Neumann University Aston, PA1331193.04

How would your chances at getting into Spelman College improve with a better score?

Now that we’ve figured out whether you can afford Spelman College, we need to focus on getting you in. A big part of this is your SAT/ACT score.

A 160 point increase in your SAT score, or a 4 point increase in your ACT score, makes a HUGE improvement in your chances of getting into Spelman College.

At PrepScholar, we’ve created the leading online SAT/ACT prep program . We guarantee an improvement of 160 SAT points or 4 ACT points on your score, or your money back.

Here’s a summary of why we’re so much more effective than other prep programs:

  • PrepScholar customizes your prep to your strengths and weaknesses . You don’t waste time working on areas you already know, so you get more results in less time.
  • We guide you through your program step-by-step so that you’re never confused about what you should be studying. Focus all your time learning, not worrying about what to learn.
  • Our team is made of national SAT/ACT experts. PrepScholar’s founders are Harvard graduates and perfect scorers on both the SAT and ACT . You’ll be studying using the strategies that actually worked for them.
  • We’ve gotten tremendous results with thousands of students across the country. Read about our score results and reviews from our happy customers .

There’s a lot more to PrepScholar that makes it the best SAT/ACT prep program. Click to learn more about our program , or sign up for our 5-day free trial to check out PrepScholar for yourself:


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Spelman College Tuition & Cost


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Overview
Admission
Price
Students
Majors
Outcomes
Reviews

Cost to Attend

Sticker Price
$51,642

Costs for Spelman College
FeeCost
Tuition$24,382
Books and Supplies$3,000
Other Fees$3,799

Room and Board

$13,461

Other Expenses Budget$7,000

Annual Prices

The annual list price to attend Spelman College on a full time basis for 2017/2018 is $51,642 for all students regardless of their residency.
This fee is comprised of $24,382 for tuition, $13,461 room and board, $3,000 for books and supplies and $3,799 for other fees.

All tuition data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Average Net Price ’14/’15
$30,522

Net Price by Income Spelman College
Family IncomeNet Price Paid
$0 to $30,000$30,307
$30,001 to $48,000$32,422
$48,001 to $75,000$37,409
$75,001 to $110,000$37,990
$110,000+$39,188

The average reported annual net price for Spelman College for students receiving grants or scholarship aid was $30,522 in 2014/2015.

Financial Aid

Finanical Aid Spelman College
TypeAvg./StudentStudents Receiving
Annual Total Grant Aid$12,17771%
Pell Grant$4,42049%
Federal Student Loan$6,53667%

The average reported annual net price for Spelman College for students receiving grants or scholarship aid was $30,522 in 2014/2015.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Spelman College, we’ve modeled a ten year student loan with an original principal value of $110,592. The loan balance of $110,592 is a four year multiple of the $27,648 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,155 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan$110,592
Stafford Loan Interest Rate4.7%
Time to Pay Off Student Loan10 years
Example Monthly Payment$1,154.71
Total Interest Paid$27,972.80
Sum of All Loan Payments$138,564.80

Projected 4 Year Degree Price

4 Year Sticker Price
$206,568

Year 1Year 2Year 3Year 4
All Residents$51,642$53,557$55,542$57,602

Based on published tuition prices, we estimate the current cost of a 4 year bachelor’s degree and living expenses at Spelman College to be $206,568 – assuming graduation in normal time.

The estimation assumes a 3.7% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at Spelman College
Price Per Credit4 Credit Class3 Credit Class
All Residents$1,010$3,030$4,040

Estimated cost for a class at Spelman College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Spelman College versus other colleges.

Tuition Payment Plans Available

Spelman College Payment Plans
Tuition Payment PlanYes
Prepaid Tuition PlanNo
Alternative Tuition PlanYes
Guaranteed Tuition PlanNo

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=141060 IPEDS survey data for Spelman College.



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