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Actual price $15,028

For students qualifying for state or federal grants the cost will be even less!

 

How did you get to that price?

I heard it was more

Actual Cost

To answer that, let's first go over

Sticker Price vs. Actual Cost

 
 

That $51,528 number? That’s the sticker price. It’s big, it’s daunting and it's not the price any of our students pay.

 

Let's break it down together

1
Scholarships
 

First, we subtract scholarships – anywhere from $22,000 to $29,000 (based on merit).

2
Grants
 

Next, we subtract grants – a minimum of $2,000 if you:

  1. Complete the application for admission with all materials submitted by Dec. 1 2019, and
  2. Submit the Free Application for Federal Student Aid (FAFSA) by Dec. 1, 2019.
3
Loans
 

Finally, we subtract loans - $5,500 for new first-year students.

If in step 1, you were eligible for $22,000 in scholarships, your actual price would be $22,028.

 
Actual Cost

What we’re left with is the Actual cost, much less than the original sticker price.

It’s the amount left after scholarships, grants and student loans have been applied.

 

So how much can I expect

My Actual Price to be?

 

Short Answer? It Varies.

 

We'll sit down and pencil it out together.

 
High five

While the actual cost of Simpson is different for each family – based on merit, need levels and other eligibility criteria -

The average grant and scholarship package for incoming students last year was $34,393.

When I graduate, will I have

$100,000+ in loans?

 

No Way. Not even close.

Heard That...

You may have heard the shocking stories of six-figure college debt …

But the average student loan debt of Simpson College Graduates is $27,942.

 

3 Real Student Examples

Student 1

Family income: $31,169 Student is from Iowa and Simpson Promise-eligible.
This student’s remaining costs are $2,576

Student One

Student 2

Family income: $92,807
This student’s remaining costs are $7,356

Student Two

 

Student 3

Family income: $141,428
This student’s remaining costs are $11,986

Student Three

 

  • Simpson Scholarships/Grants
  • State & Federal Grants
  • Student Loans
  • Student Employment
 
Simpson Promise
 
For families from Iowa with $60,000 adjusted gross income and below.