Oberlin College
4 Year Degrees
Main Campus
Great Lakes Region
http://www.oberlin.edu/
Average Annual Tuition at Oberlin College
The latest data we have for Oberlin College's annual average net costs are from 2021. These costs and and the average Ohio 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 | |
|---|---|---|---|---|
| Oberlin College | $62,024 | $62,024 | $26,000 | $34,777 |
| OH Average | $27,358 | $27,358 | $24,631 | $22,231 |
As you can see, annual costs at Oberlin 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 Ohio as well. Ohio's' higher education costs rose by 5.2% in just the last 10 years, ranking as the 50th highest state.
Oberlin College Financial Assistance
33% of students enrolled at Oberlin College receive some form of Federal loan assistance. You can view Oberlin 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 there are monetary penalties imposed when withdrawn for other uses.
Ohio operates two 529 college savings plans. Ohio’s 529 Plan, CollegeAdvantage, is available to residents of any state and offers 3 age-based options and 5 risk-based options using Vanguard funds, a college enrollment-based option and 13 static investment options using Vanguard and DFA funds, and 2 types of FDIC-insured deposit accounts through Fifth Third Bank. The BlackRock CollegeAdvantage Advisor 529 plan is advisor-sold and features BlackRock funds in its age-based and asset-allocation options along with individual-fund options from iShares and a variety of mutual fund families. Ohio also operates a prepaid tuition/guaranteed savings plan (Guaranteed Savings Fund) that was closed to new enrollments in 2003.
| State Plan Name: | Ohio CollegeAdvantage 529 Savings Plan |
|---|---|
| Minimum Contribution: | $25 |
| Maximum Contribution: | up to $462,000 maximum contribution for a single beneficiary. |
| Fees: | 0.18% to 0.55% asset management fee, depending on portfolio |
Ohio School Statistics
We've analyzed all other higher education schools in OH, and wrapped it up nicely into a report for you. View our OH analysis report.
There are 82 other accredited private schools located in the state of Ohio. You can view all OH schools here.