Grinnell College
4 Year Degrees
Main Campus
Plains Region
http://www.grinnell.edu/
Average Annual Tuition at Grinnell College
The latest data we have for Grinnell College's annual average net costs are from 2021. These costs and and the average Iowa schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Grinnell College | $61,480 | $61,480 | $17,500 | $25,182 |
| IA Average | $27,896 | $28,065 | $22,606 | $20,609 |
As you can see, annual costs at Grinnell College have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Iowa as well. Iowa's' higher education costs rose by 19.9% in just the last 10 years, ranking as the 42nd highest state.
Grinnell College Financial Assistance
13% of students enrolled at Grinnell College receive some form of Federal loan assistance. You can view Grinnell College's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
The Iowa state treasurer’s office offers two 529 savings plans. The direct-sold 529 plan (College Savings Iowa) is managed by Ascensus College Savings and The Vanguard Group and features age-based and static portfolios using Vanguard funds. The IAdvisor 529 Plan is managed by Voya and features age-based, static allocation and single fund options using multiple investment managers.
| State Plan Name: | College Savings Iowa 529 plan |
|---|---|
| Minimum Contribution: | $25 |
| Maximum Contribution: | up to $420,000 per designated beneficiary across accounts. |
| Fees: | $2.00 per year for every $1,000 you invest, or 0.20% per total invested assets. |
Iowa School Statistics
We've analyzed all other higher education schools in IA, and wrapped it up nicely into a report for you. View our IA analysis report.
There are 40 other accredited private schools located in the state of Iowa. You can view all IA schools here.