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Skidmore College Tuition & Cost

Saratoga Springs, New York

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How much does it cost to attend?

Sticker Price
$76,630
Costs for Skidmore College
Fee Cost
Tuition$57,066
Books and Supplies$1,300
Other Fees$1,212
Room and Board $15,524
Other Expenses Budget$1,528

Annual Prices

The annual list price to attend Skidmore College on a full time basis for 2020/2021 is $76,630 for all students regardless of their residency. This fee is comprised of $57,066 for tuition, $15,524 room and board, $1,300 for books and supplies and $1,212 for other fees. Out of state tuition for Skidmore College is $57,066, the same as New York residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Skidmore College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$26,995
Net Price by Income Skidmore College
Family Income Net Price Paid
$0 to $30,000$10,780
$30,001 to $48,000$15,235
$48,001 to $75,000$16,176
$75,001 to $110,000$26,123
$110,000+$44,862

The average reported annual net price for Skidmore College for students receiving grants or scholarship aid was $26,995 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

55% of full-time undergrad Skidmore College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $47,285 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 35% of students received Federal Student Loans averaging $4,970 and 3% of undergrads took out private student loans averaging $24,819.

Finanical Aid Skidmore College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $47,285 55%
Institutional Grants and Scholarships $43,836 52%
Pell Grants $5,253 18%
Other Federal Grants $2,022 21%
State and Local Grants $5,660 13%
Federal Student Loans $4,970 35%
Other Student Loans $24,819 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Skidmore College, we've modeled a ten year student loan with an original principal value of $87,316. The loan balance of $87,316 is a four year multiple of the $21,829 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $833 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $87,316
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $833.09
Total Interest Paid $12,654.91
Sum of All Loan Payments $99,970.91

Projected 4 Year Degree Price

4 Year Sticker Price
$306,520
Year All Residents
1 $76,630
2 $79,516
3 $82,510
4 $85,617

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Skidmore College to be $306,520 - assuming graduation in normal time. The estimation assumes a 3.8% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Skidmore College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,902 $5,706 $7,608

Estimated cost for a class at Skidmore College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Skidmore College versus other colleges.

Tuition Payment Plans Available

Skidmore College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=195526 IPEDS survey data for Skidmore College.