Understanding Beloit College Tuition and Financial Aid Options

Choosing a college is a significant investment, and understanding the costs involved is crucial. This article breaks down the tuition, fees, and financial aid options available at Beloit College to help prospective students and their families make informed decisions. Beloit College's tuition is $62,586. Compared with the national average cost of tuition of $50,159, Beloit College is more expensive.

The Cost of Attendance at Beloit College

The costs associated with attending Beloit College can be divided into direct and indirect expenses. These figures include both tuition and fees, also referred to as the sticker price. The costs below represent the direct and indirect expenses associated with attending Beloit College for one school year. Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers.

Direct Costs

These are expenses that are billed directly by the college:

Tuition: \$63,792
Student Activity Fee: \$280
Housing: \$6,882
Food (full meal plan-required the first year): \$6,314
Health/Wellness Fees: \$264

Total Direct Costs: \$77,532

Indirect Costs

These are estimated expenses that students will likely incur:

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Health Insurance: \$2,400 (All international students must purchase the College’s health insurance plan; domestic students may opt out with proof of comparable coverage.)
Books, Course Materials, Supplies, and Equipment (estimate): \$1,221
Personal Expenses (estimate): \$2,311

Total Indirect Costs: \$5,932

Total Cost

As you’re comparing costs of different institutions, also consider the total cost and the net price. The total cost is the sticker price, plus the cost of food and housing, books and supplies, and transportation and personal expenses. At Beloit College, the total cost is \$75,140.

Understanding Net Price

Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price.

Financial Aid at Beloit College

Beloit College is committed to making education accessible. 98% of our applicants are eligible for financial assistance to help lower these costs. Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Types of Financial Aid

Scholarships: Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation. Some students receive enough in scholarship money to cover their tuition and living expenses. See the types of scholarships and grants available at Beloit College below.

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Grants: Scholarships and grants don’t need to be paid back.
Loans: Loans must be paid back.
Work-Study: Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job. Begin your job search by checking whether your college has in-person or online job boards.

Financial Aid Statistics

Students Receiving Financial Aid: 68.34%
Freshmen With Need and Received Financial Aid: 99.39%
Average Aid Package Awarded: \$58,797
Average Need-Based Scholarship or Grant Award: \$46,120
Average Need-Based Self-Help Aid Awarded: \$7,912
Average Need-Based Loan Amount: \$7,028
Average Non-Need-Based Aid: \$40,919
Average Non-Need-Based Scholarship or Grant Award (First-year Students): \$44,777
Beloit College met 95% of its students’ financial aid need.

Average Costs After Financial Aid by Family Income (Data from 2025)

The figures provided below represent the average financial aid offer and net cost by family income for domestic students. These figures include the loans that were offered. Excluded from this data are families with assets (not income) that exceed \$80,000, independent students, students who receive tuition benefits from a parent’s employer, and students who do not file a FAFSA.

\$0-\$54,999: Average Financial Aid: \$63,549, Average cost after all types of aid, including loans: \$4,403
\$55,000 - \$94,999: Average Financial Aid: \$57,331, Average cost after all types of aid, including loans: \$10,918
\$95,000 - \$149,999: Average Financial Aid: \$52,350, Average cost after all types of aid, including loans: \$15,762
\$150,000+: Average Financial Aid: \$46,367, Average cost after all types of aid, including loans: \$21,673

Financial Aid Dates

Application Due: Not available. The last day to apply for financial aid or turn in related paperwork.
Priority Application Due: Not available. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.
Notification Date: Not available. When students receive a letter with the amount and types of aid the college is offering.
Response Due: Not available. The deadline for students to respond to the college’s aid offer.

FAFSA Filing Grant

Complete the FAFSA and list Beloit College’s code to claim a \$2,000 FAFSA filing grant! This is a stackable grant, renewable for up to four years.

Student Loan Debt at Beloit College

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.

Median Federal Loan Debt: At Beloit College, the median federal loan debt among borrowers who completed their undergraduate degree is \$25,738.
Median Monthly Federal Loan Payment: The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is \$273.
Students with Private Loans: Additionally, 11% of graduating students at Beloit College took out private loans. Students with private loans had an average of \$44,957 in private loan debt at graduation.
Average Total Indebtedness of 2024 Graduating Class: \$31,969
Graduating students who have borrowed (any loan type, 2024): 77%

Meal Plan Requirements

All students are required to have a meal plan for their first six semesters. Starting their 7th semester, students may opt out of having a meal plan. New students are required to have the Blue Meal Plan for their first year.

Beloit College's Value Proposition

Your Beloit journey begins with our partnership. Value is so much more than what you pay. Value is also the return on your investment. Value is about your total experience, from building strong relationships in and out of the classroom and the unlimited possibilities these relationships create. You need an education that works for you.

Getting Help with Financial Aid

When you’re ready to crunch the numbers, counselors in the Office of Financial Aid will work with you one-on-one to find a way to fit Beloit College into your budget.

Additional Costs to Consider

Books and Supplies: \$1,187 per year
Personal Expenses: \$1,634 per year
Transportation: \$248 per year

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