In the business world, it’s important to understand your return on an investment. At Nichols, we practice what we teach - offering a world-class business education at a good value. It’s our mission to prepare you for a meaningful career. As our track record of successful alumni shows, an investment in a Nichols education is one that pays off.
Tuition for full-time day students covers a course load between 12 and 19 credit hours per semester. This may include day courses, evening courses and graduate courses .
Our financial aid staff is committed to providing students who demonstrate financial need with the resources needed to finance a Nichols College education. In fact, last year 97% of our incoming students received financial aid and over 95% of our students received grants directly from the college. When looking at all funding sources, the average financial aid package for a full time student is over $27,400 per year.
2012-2013 Fall and Spring Terms
Description
Fall
Term
Spring Term
Year Total
Undergraduate Day4
$15,720
$15,750
$31,440
SGA Fee
$150
$150
$300
Total Mandatory Tuition and Fees
$15,870
$15,870
$31,740
STANDARD
Standard1,3
$2,900
$2,900
$5,800
Standard Meal Plans2
$2,450
$2,450
$4,900
Total Standard
$5,350
$5,350
$10,700
COPPER BEECH
Copper Beech Apartments1,3
$3,675
$3,675
$7,350
Block Meal Plan for Copper Beech Res2
$1,715
$1,715
$3,430
Total Copper Beech
$5,390
$5,390
$10,780
Single Supplement
$712.50
$712.50
$1,425
Comprehensive Cost for Full Time Std
with Standard Room and Board
$21,220
$21,220
$42,440
Other Fees:
Graduation Fee
$100
Parking Fee
$125
$125
$250
Late Payment Fee (Day only - Per Term)
$250
$250
$500
Health Insurance (Full Year)
TBA
Health Insurance (Spring Term)
TBA
Other Tuition Charges
Description
Fall Term
Spring Term
Part-Time Tuition4
$1,048 per credit
$1,048 per credit
Tuition Overload Charge4 (More than 19 credits per term)
$1,048 per credit
$1,048 per credit
Tuition 2012 Summer Session
Description
Summer Term
Undergraduate Course Rate4
$295 per credit
Graduate Course Rate4
$585 per credit
1
Housing Deposit: A non-refundable deposit of $300 is required of all returning resident students. The deposit is applied to the Fall term. Students who commuted during the Fall term and wish to be residents in the Spring term are required to make the $300 housing deposit, applicable to the Spring term. All housing deposits are non-refundable.
2
All Resident students are required to have a meal plan.
3
Additional Fees may apply. Single Room: There is an additional charge per semester for a single room. This must be requested in advance and is subject to availability.
4
The cost of textbooks is not included in tuition charges. Textbooks are purchased separately at the Nichols College Bookstore.
Health Insurance Options
Massachusetts State law requires that students who attend college full-time pay a health insurance fee. The rate for the 2011-2012 school year was $1,456 and the rate for the 2012-2013 is not yet available. You may qualify to waive this fee. Under state law, every student enrolled in at least a 75% full-time course load must participate in a qualifying student health insurance program or in a health benefit plan with comparable coverage. Additional information can be found on the Consolidated Health Plans website.
Billing and Payment
Statements are mailed prior to the start of the semester and billed on the following schedule (subject to change):
Fall 2012: Payment in full or a payment plan must be finalized by Wednesday, August 1, 2012.
Spring 2013: Payment in full or a payment plan must be finalized by Wednesday, January 2, 2013. This is an estimated date and may be changed.
Summer 2012 and Winter 2013 sessions: Payment is due at the time of registration.
There are many ways to pay your statement charges: