Hood's tuition & fees has increased from $34,120 (2014) to $45,870 (2024), and the rate of tuition increase is 34.44% over the past 10 years. The graduate school tuition & fees has raised from $7,760 (year 2014) to $9,280 (year 2024).
Hood's tuition increase rate is lower than the Maryland's average increase rate of 44.40%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 30.47% from 2014 ($49,930).
For the current academic year 2023-2024, Hood's COA is $65,142, which is increased by 3.61% from last year.
The following table and chart show changes to Hood's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 34.44% for the last 10 years , and the 2024 tuition & fees are $45,870. The following table and chart show the tuition & fees changes at Hood College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,430, and it has increased 19.17% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
|---|
| 2015-16 | $1,200 | |
|---|
| 2016-17 | $1,200 | |
|---|
| 2017-18 | $1,200 | |
|---|
| 2018-19 | $1,226 | 2.17% |
|---|
| 2019-20 | $1,248 | 1.79% |
|---|
| 2020-21 | $1,270 | 1.76% |
|---|
| 2021-22 | $1,288 | 1.42% |
|---|
| 2022-23 | $1,320 | 2.48% |
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| 2023-24 | $1,430 | 8.33% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 17.37% when a student lives on-campus facilities and 25.51% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Hood College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $14,610 | $13,700 | - |
|---|
| 2015-16 | $14,840 | $13,914 | 1.57% |
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| 2016-17 | $15,300 | $14,340 | 3.10% |
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| 2017-18 | $15,680 | $14,670 | 2.48% |
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| 2018-19 | $15,868 | $14,990 | 1.20% |
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| 2019-20 | $16,142 | $15,328 | 1.73% |
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| 2020-21 | $16,328 | $15,590 | 1.15% |
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| 2021-22 | $16,566 | $15,944 | 1.46% |
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| 2022-23 | $17,050 | $16,386 | 2.92% |
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| 2023-24 | $17,842 | $18,118 | 4.65% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Hood College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Hood College | $45,870 | $44,500 | 3.08% |
|---|
|
| Johns Hopkins University | $62,840 | $60,480 | 3.90% |
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|
| Loyola University Maryland | $55,480 | $53,430 | 3.84% |
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|
| Stevenson University | $39,708 | $38,738 | 2.50% |
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|
| McDaniel College | $49,647 | $46,800 | 6.08% |
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|
| Mount St. Mary's University | $47,240 | $45,870 | 2.99% |
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