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.
We understand that financing a college education can be challenging and we are here to help.
Our financial assistance 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 assistance and over 95% of our students received grants directly from the college. When looking at all funding sources, the average financial assistance package for a full time student is over $27,400 per year.
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 .
2013-2014 Fall and Spring Terms
Description
Fall
Term
Spring Term
Year Total
Undergraduate Day4
$16,035
$16,035
$32,070
SGA Fee
$150
$150
$300
Total Mandatory Tuition and Fees
$16,185
$16,185
$32,370
STANDARD ROOM AND BOARD
(All residence halls except Copper Beech)
Standard Room 1,3
$3,150
$3,150
$6,300
Standard Meal Plans2
$2,575
$2,575
$5,150
Total Standard Room and Board
$5,725
$5,725
$11,450
Comprehensive Cost for Full Time Std with Standard Room and Board
$21,910
$21,910
$43,820
COPPER BEECH
Copper Beech Apartments1,3
$3,925
$3,925
$7,850
Block Meal Plan for Copper Beech Res2
$1,802.50
$1,802.50
$3,605
Total Copper Beech
$5,727.50
$5,727.50
$11,455
Other Fees:
Single Supplement
$762.50
$762.50
$1,525
Graduation Fee
$100
Parking Fee
$125
$125
$250
Late Payment Fee (Day only - Per Term)
$250
$250
$500
Health Insurance (Full Year)
$1,788.00
Health Insurance (Spring Term)
$1,196.00
Other Tuition Charges
Description
Fall Term
Spring Term
Part-Time Tuition4
$1,069 per credit
$1,069 per credit
Tuition Overload Charge4 (More than 19 credits per term)
$1,069 per credit
$1,069 per credit
Tuition 2013 Summer Session
Description
Summer Term
Undergraduate Course Rate4
$300 per credit
Graduate Course Rate4
Excluding courses GSB-502 through GSB-507
$600 per credit
Graduate Course Rate4
Courses GSB-502 through GSB-507
$300 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 2012-2013 is $1,788. 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 2013 and Winter 2014 sessions: Payment is due by the posted payment date for the session.
There are many ways to pay your statement charges: