Costs
In 2022, the median undergraduate tuition at Morehouse College is $27,038, which is $−1,292 less than the national average for Baccalaureate Colleges ($28,330).
After taking grants and loans into account, the average net price for students is $35,251.
In 2022, 72% of undergraduate students attending Morehouse College received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.
Tuition Costs
$27,038
2022 Undergraduate Tuition
In 2022, the cost of tuition at Morehouse College was $27,038. The cost of tuition at Morehouse College is $−1,292 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).
This chart compares the tuition costs of Morehouse College (in red) with those of other similar universities.
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Average Net Price
$35,251
2022 Value
72%
1 Year Growth
In 2022 Morehouse College had an average net price — the price paid after factoring in grants and loans — of $35,251. Between 2021 and 2022, the average net price of Morehouse College grew by 72%.
This chart compares the average net price of Morehouse College (in red) with that of other similar universities.
Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.
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Other Student Expenses
$14,272
Room and Board
The average yearly cost of room and board at Morehouse College was of $14,272 in 2022. The cost of room and board did not change between 2021 and 2022.
During the same period, the average yearly cost of books and supplies was $2,000. The cost of books and supplies did not change during the same period.
This chart compares the average student costs at Morehouse College (in red) with that of similar universities.
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Financial Aid by Income Level
72%
Undergraduates Receiving Financial Aid through Grants
58%
Undergraduates Receiving Financial Aid through Loans
72% of undergraduate students at Morehouse College received financial aid through grants or loans in 2022. This represents a decline of 17.2% with respect to 2021, when 87% of undergraduate students received financial aid.
This chart compares the average award discount at Morehouse College (in red) with that of other similar universities.
The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.
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Student Loan Default Rate
Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
4.19%
2019 Default Rate
26
Number of Defaults
In 2019 the default rate for borrower's at Morehouse College was 4.19%, which represents 26 out of the 620 total borrowers.
A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.
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