When we calculate a financial aid award, we use a student expense budget that includes expenses that are both billed by the college and paid by the student/family. For 2016-17, the typical expenses budget includes:
- Comprehensive fee (tuition, room and board): $65,330
- Other student fees (student activities, campus center programs and residential governance): $856
- Health insurance* (estimate; may be waived): $1,882
- Books and supplies (estimated–paid by the student/family): $1,000
- Personal expenses (estimated–paid by the student/family): $1,800
- Travel/Transportation** (estimated–paid by the student/family; varies by location): $50-$2,500
- Cost of attendance: $70,807 - $73,257
* Amherst College requires that all students participate in the College's health insurance plan or have comparable medical insurance. All students will be billed this amount. For students not covered by family insurance and receiving financial aid, request for a Health Scholarship is available.
** Costs for transportation within the U.S.—usually two round-trips home—is included above.
The College annually evaluates its fees and makes adjustments when necessary. Financial aid awards will always be based on the fees in effect during the year of award. Students who require financial aid because of changes in fees may apply for assistance in any academic year.
The College's actual annual cost of educating a student at Amherst is approximately $99,000. However, income from our endowment and from gifts and grants subsidizes that amount significantly, even for students who do not receive financial aid. For students eligible for financial aid, scholarship grants further reduce the costs to students and their families.