Grove City College: Tuition, Costs, and Financial Aid
Grove City College, a small, private institution founded in 1876 in Grove City, Pennsylvania, offers undergraduate degrees in 38 majors. This article provides a detailed overview of the tuition, costs, financial aid options, and other related information for prospective students.
Tuition Costs
In 2023, the median undergraduate tuition at Grove City College was $20,890. This is significantly lower, $−8,390 less, than the national average for Baccalaureate Colleges, which stands at $29,280. The cost of tuition at Grove City College is also less than the overall (public and private) national average for Baccalaureate Colleges ($29,280). This makes Grove City College a more affordable option compared to many other institutions.
Average Net Price
The average net price at Grove City College, which factors in grants and loans, was $24,184 in 2023. Between 2022 and 2023, the average net price grew by 2.74%. The net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state, or local governments, or the institution.
Other Student Expenses
Beyond tuition, students should also consider other expenses such as room and board, books, and supplies. In 2023, the average yearly cost of room and board at Grove City College was $11,050, an increase of 3.46% from 2022. The average yearly cost of books and supplies was $1,000 during the same period, remaining unchanged from the previous year. Other costs include books and supplies ($700 per year), personal expenses ($500 per year), and transportation ($700 per year).
Financial Aid
In 2023, 65% of undergraduate students attending Grove City College received financial aid through grants. This represents a decline of 1.52% with respect to 2022, when 66% of undergraduate students received financial aid. The average award discount represents the ratio between the average grant or scholarship value and the cost, which includes out-of-state tuition, room, board, books, supplies, and other expenses.
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Financial Aid by Income Level
Financial aid packages at Grove City College can include grants, loans, scholarships, and work-study jobs. These packages vary depending on a student's financial need, which is typically determined based on the Free Application for Federal Student Aid (FAFSA).
Types of Aid Available
Grove City College offers various types of need-based scholarships and grants. The average need-based scholarship or grant awarded to first-year students was $12,755. Need-based self-help aid, including federal loans and work-study, averaged $2,443 for first-year students. Merit-based aid, awarded for specific talents or academic achievements, averaged $7,434 for first-year students, excluding athletic scholarships.
Financial Aid Dates and Application
The application deadline for financial aid is April 15. Students typically receive notification of their aid offers around February 20.
Admissions
Grove City College received 2,034 undergraduate applications in 2023, a 6.44% annual growth. The college accepted 1,493 students, resulting in a 73.4% acceptance rate. Grove City College has an overall enrollment yield of 37.3%, representing the number of admitted students who enrolled.
Acceptance Rate
In 2023, the undergraduate acceptance rate was 73.4% (1,493 admissions from 2,034 applications). This is higher than the acceptance rate of 71% in 2022. Between 2022 and 2023, the number of applicants declined by 6.44%, while admissions declined by 3.24%.
Read also: Grove City College Admissions
SAT Scores
In 2023, 52% of enrolled first-time students submitted SAT scores with their applications.
Enrollment
Grove City College had a total enrollment of 2,394 students in 2023. Full-time enrollment was 2,207 students, while part-time enrollment was 187, indicating that 92.2% of students are enrolled full-time.
Enrollment by Race & Ethnicity
The enrolled student population at Grove City College is predominantly White (90.1%), followed by Two or More Races (5.01%), Asian (1.96%), Hispanic or Latino (0.71%), Black or African American (0.418%), and American Indian or Alaska Native (0.0418%).
Full-Time vs. Part-Time Enrollment
In 2023, 92.2% of students enrolled at Grove City College were full-time, compared to 78.8% at similar Baccalaureate Colleges.
Retention Rate
The retention rate for full-time undergraduates at Grove City College was 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Grove City College had a retention rate higher than its peers.
Read also: Learn about the Andy Grove Scholarship
Graduates
In 2023, Grove City College awarded 497 degrees across all undergraduate and graduate programs. Slightly more degrees were awarded to women (50.1%) than to men (49.9%). The most common race/ethnicity group of degree recipients was White (456 degrees), significantly more than Asian (13 degrees).
Majors Awarded
In 2023, the most common bachelor's degree concentration at Grove City College was Mechanical Engineering, with 39 degrees awarded. Other specialized majors include Philosophy and Religious Studies (23 degrees), History (16 degrees), and English (19 degrees).
Sex Breakdown for Common Majors
In 2023, 248 degrees were awarded to men and 249 degrees to women. Mechanical Engineering saw 32 degrees awarded to men and 7 to women.
Time to Complete
In 2023, 87% of students graduating from Grove City College completed their program within 100% "normal time" (i.e., 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% within 200%.
Graduation Rate by Race and Sex
The student demographic with the highest graduation rate in 2023 at Grove City College was Female and Black or African American (100% graduation rate).
Operations
Grove City College has an endowment valued at nearly $203 million as of the end of the 2023 fiscal year. In 2023, the college had a total salary expenditure of $86.6 million.
Endowment
The endowment of Grove City College grew 7.87% from the previous year. The value of their endowment was $152M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.
Salary Expenditure
In 2023, Grove City College paid a median of $26.6 million in salaries, representing 30.7% of their overall expenditure ($86.6 million).
Student Loan Debt
The average total indebtedness of the 2024 graduating class was $43,018. Approximately 44% of graduating students had borrowed money. Students with private loans had an average of $37,411 in private loan debt at graduation.
Jobs
Working while in school can help lessen the burden of student loans. Grove City College offers work-study programs and campus jobs to students.
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