Roanoke College Tuition Price Reset

Roanoke College is resetting its published tuition price from $46,510 (Fall 2021) to $33,510 – a 28% reduction – beginning in the Fall of 2022.

Many students and their families make decisions about colleges based on the published tuition price without knowing that generous scholarship and financial aid packages often make the cost of attendance much more attainable. The fact is, Roanoke College offers generous merit and need-based aid to students so that no student pays the full published tuition price. This reset provides clarity and aligns our published price closer to what students actually pay to attend. Our goal is that students consider overall fit rather than just financial fit when selecting their college.

Roanoke College has designed the overall new price to ensure that the net tuition students pay starting in Fall 2022 will be less than they would have paid had the College not implemented the reset. For returning students the estimated savings will be evident in the illustrations included in the email sent on Sept. 15. This savings will compound over the remaining time of enrollment: current juniors can expect to save about $450; current sophomores will save approximately $920 and current freshmen can expect to save approximately $1,400.

Roanoke College is financially strong and we are proud to lead the way in publishing a tuition price that is closer to what students actually pay. We know that our published price causes many potential students not to consider Roanoke College. Resetting the price makes clearer the actual price most students pay to attend. Providing a clearer picture of what families actually pay makes a Roanoke College education more accessible to more students.

Roanoke College is simply aligning the published price so that it is closer to what students actually pay to attend.

Tuition for full-time students attending in the 2022-2023 academic year will be $33,510.

The new tuition price of $33,510 is effective beginning in Fall 2022, for both new and returning full-time undergraduate students.

Yes, the reset tuition charge will be the same for all full-time students. When merit and need-based aid is considered, students will pay varying amounts, just as they do today.

No. Roanoke College is financially strong and we will continue our future-focused work. We’ve recently added or expanded academic programs in public health, data science, engineering science, education and management. We’ve introduced new athletics, including men’s and women’s swimming, men’s wrestling and men’s volleyball, and are expanding our men’s and women’s track and field program. We’re investing even more in mentorship, experiential learning opportunities and career preparation through the launch of PLACE, an on-campus center dedicated to helping students find their place through Purpose, Life and Career Exploration.

No. Due to our generous financial aid and merit awards, most families typically pay a much lower amount than our published tuition. A student’s total cost is set individually, and depends upon a number of factors, including their academic profile, family income, family assets, and their competition in a number of scholarship/fellowship programs. Roanoke is resetting, or moving, the published tuition closer to what families actually pay for tuition after receiving financial aid and merit awards.

A student’s total cost is set individually, and depends on a number of factors, including academic performance, family income and assets, and competition in scholarship/fellowship programs. Financial aid packages will be adjusted in line with the new tuition, and families of current students will pay the same net tuition price as what they currently pay, plus a smaller-than-usual annual increase. On Sept. 15, all currently enrolled full-time students (excluding those who plan to graduate in May 2022) received an email with a personalized estimate of their tuition charges and their Roanoke College aid for the 2022-2023 year.

Roanoke College will continue to award generous financial aid through scholarships/fellowships and need-based aid. In addition, the rate of increase on room and board for Fall 2022 will be less than it has been in recent years and the student fees increase is very low.

The Roanoke College Board of Trustees sets tuition and fees each year. Tuition will continue to increase slightly each year as it has in the past. Due to the smaller tuition base, the actual dollar increase going forward will be lower than it would have been had tuition not been adjusted. This is a savings to Roanoke College students. This savings will compound over the remaining time of enrollment: current juniors can expect to save about $450; current sophomores will save approximately $920 and current freshmen can expect to save approximately $1,400.

Typically, room and board charges are adjusted from year to year in order to cover increased costs incurred by the College. Roanoke College leadership is intent on keeping annual increases at the lowest rate possible. For Fall 2022, room, board, and fee charges will increase by 2.5%, or $396. (Note that increases over the past three years have averaged 3.1%.)

A student’s total cost is set individually, and depends on a number of factors, including their academic profile, family income, family assets, and their competition in a number of scholarship programs. On Sept. 15, all students (except for those who plan to graduate in May 2022) received a personalized estimate of Fall 2022 tuition. In early March 2022, returning students will receive their annual estimate of Fall 2022 tuition, fees, room and board charges, less aid from all sources, resulting in their expected payment for the 2022-2023 academic year. At the conclusion of the Spring term after room and board selection, all students will receive a more complete financial aid award letter.

Roanoke College will continue to award generous merit and need-based financial aid.

No. Eligibility for Federal Pell Grants are based on a family’s income and assets, as reported on the Free Application for Federal Student Aid (FAFSA). The Virginia Tuition Assistance Grant (currently $4,000) is awarded to all bona-fide Virginia residents enrolled full-time at a Virginia private college. Federal student loans are available to all students who file the FAFSA.

Roanoke College’s policy on outside scholarships remains the same. In most cases, outside scholarships secured by the student reduce the family’s tuition balance rather than reducing scholarships and aid offered by Roanoke College.

Roanoke College is resetting its published tuition price beginning in Fall 2022. Students enrolling part-time (less than three full unit courses) in the Spring 2022 term will be charged using the same pricing model as Fall 2021 (pre-reset). Each full credit course will continue to be $2,224.

The tuition reset affects only full-time tuition. Overload fees will not change.