McDaniel's tuition & fees has increased from $38,350 (2014) to $49,647 (2024), and the rate of tuition increase is 29.46% over the past 10 years. The graduate school tuition & fees has raised from $8,100 (year 2014) to $9,969 (year 2024).
The 2024 tuition & fees have risen more than 5% this year (2024) at McDaniel College.
McDaniel'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 31.89% from 2014 ($50,150).
For the current academic year 2023-2024, McDaniel's COA is $66,145, which is increased by 5.52% from last year.
The following table and chart show changes to McDaniel's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 29.46% for the last 10 years , and the 2024 tuition & fees are $49,647. The following table and chart show the tuition & fees changes at McDaniel College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,450, and it has increased 20.83% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,300 | 8.33% |
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| 2022-23 | $1,330 | 2.31% |
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| 2023-24 | $1,450 | 9.02% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 30.24% when a student lives on-campus facilities and 17.87% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at McDaniel College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,600 | $8,600 | - |
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| 2015-16 | $11,620 | $8,570 | 9.62% |
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| 2016-17 | $12,120 | $8,570 | 4.30% |
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| 2017-18 | $12,830 | $8,770 | 5.86% |
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| 2018-19 | $13,150 | $9,170 | 2.49% |
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| 2019-20 | $13,492 | $9,170 | 2.60% |
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| 2020-21 | $13,966 | $9,170 | 3.51% |
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| 2021-22 | $14,022 | $9,170 | 0.40% |
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| 2022-23 | $14,554 | $11,976 | 3.79% |
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| 2023-24 | $15,048 | $13,154 | 3.39% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between McDaniel College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| McDaniel College | $49,647 | $46,800 | 6.08% |
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|
| 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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| Mount St. Mary's University | $47,240 | $45,870 | 2.99% |
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| Hood College | $45,870 | $44,500 | 3.08% |
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