Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Mcpherson College
Select your family income to see your estimated cost
The Cost Formula
Tuition
$35K
+
Room
$10K
+
Books
$1,420
=
Sticker Price
$48,404
$35K+$10K+$1,420=$48,404
Your Family Income
Sticker
$48,404
−
Your Aid
$23,017
=
Net Price
$25,387
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Mcpherson College Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$48,404
Tuition and Fees
$35,162
Room and Board
$10,322
Books and Supplies
$1,420
Average Financial Aid (Grants and Scholarships)
-$23,567
Average Net Price (What Families Pay)
$24,837
Mcpherson College Net Price by Family Income Level
Family Income
Net Price
$0–30k
$20,869
$30–48k
$21,172
$48–75k
$25,387
$75–110k
$27,314
$110k+
$28,232
Understanding Your Aid Package
Mcpherson College has a sticker price of $48,404 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $48,404/year
Average aid: $23,567 in grants & scholarships
$48–75K families pay: ~$25,387/year
Low-income families: Pay ~$20,869/year
34% of students receive Pell Grants
Financial Aid Profile
💰
34%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
31%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$25,242
Range (25th–75th)$6,500 – $26,596
Median Parent PLUS Loans$20,000
Debt Manageability
0.48x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$52,084
vs $50,412 peer avg(+$1,672)
Earnings Growth
+26%
6 → 10 years post-graduation
Value Added
+$-1,944
50th percentile among peers
Earnings Range (10yr post-graduation)
$34,701
25th %ile
$71,211
75th %ile
Frequently Asked Questions about Mcpherson College Cost & Financial Aid
Mcpherson College's published tuition is $48,404 per year. However, after financial aid, the average student pays $25,387—a difference of $23,017.
Families earning under $30,000 pay an average net price of $20,869 at Mcpherson College. 34% of students receive Pell Grants.
Mcpherson College offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Mcpherson College graduates is $25,242, resulting in estimated monthly payments of $268 over 10 years.
Even families earning over $110,000 pay an average net price of $28,232 at Mcpherson College—still $20,172 less than the sticker price. Most families qualify for some form of aid.
