Nichols's tuition & fees has increased from $32,370 (2014) to $40,375 (2024), and the rate of tuition increase is 24.73% over the past 10 years. The graduate school tuition & fees has raised from $11,210 (year 2014) to $1,165 (year 2024).
Nichols's tuition increase rate is higher than the Massachusetts's average increase rate of 14.70%. Compare to all colleges in United States, it's increase rate is lower 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 24.58% from 2014 ($47,380).
For the current academic year 2023-2024, Nichols's COA is $59,025, which is increased by 4.73% from last year.
The following table and chart show changes to Nichols's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 24.73% for the last 10 years , and the 2024 tuition & fees are $40,375. The following table and chart show the tuition & fees changes at Nichols College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,500, and it has increased 25.00% 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 | $1,400 | 16.67% |
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| 2017-18 | $1,400 | |
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| 2018-19 | $1,400 | |
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| 2019-20 | $1,400 | |
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| 2020-21 | $1,400 | |
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| 2021-22 | $1,400 | |
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| 2022-23 | $1,400 | |
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| 2023-24 | $1,500 | 7.14% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 18.81% when a student lives on-campus facilities and 20.32% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Nichols College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $13,810 | $9,075 | - |
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| 2015-16 | $14,100 | $9,000 | 2.10% |
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| 2016-17 | $15,700 | $9,200 | 11.35% |
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| 2017-18 | $16,000 | $9,200 | 1.91% |
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| 2018-19 | $16,150 | $9,200 | 0.94% |
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| 2019-20 | $16,450 | $9,200 | 1.86% |
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| 2020-21 | $16,150 | $9,700 | -1.82% |
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| 2021-22 | $16,150 | $9,700 | |
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| 2022-23 | $16,310 | $10,860 | 0.99% |
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| 2023-24 | $17,150 | $11,250 | 5.15% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Nichols College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Nichols College | $40,375 | $38,650 | 4.46% |
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| Boston University | $65,168 | $62,360 | 4.50% |
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|
| Harvard University | $59,076 | $57,261 | 3.17% |
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| Northeastern University | $63,141 | $60,192 | 4.90% |
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| Boston College | $67,680 | $64,176 | 5.46% |
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| Tufts University | $67,844 | $65,222 | 4.02% |
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