Affording Hopkins, Financial Aid and Tuition

I value a Hopkins education, but how much does it cost?

Tuition for 2021-2022 is $47,200. Additional expenses range from $900-$4,500 for books, transportation and incidentals.

For 2021-2022, the average annual award for a Hopkins family is $29,544 and families who receive financial aid, on average, receive a 63% reduction in tuition costs.

Is Financial Assistance Available?

We recognize the cost of an independent school is a substantial investment and appreciate the sacrifices many families make for their children to benefit from a Hopkins education.

This year we awarded more than $5 million in grants. These are not loans and there is nothing to pay back. We also provide assistance for supplemental costs beyond tuition. Books, transportation and laptops are considered when an initial award is made. Lunch is included for all students. Families may also request funds from the Financial Aid Office to cover other non-tuition costs, such as field trips.

For families with an income at or below $75,000 Hopkins may be tuition-free. We are committed to making Hopkins possible for families from a wide range of socio-economic backgrounds. Each family is unique and financial circumstances can vary widely. The Financial Aid Committee makes decisions on a case-by-case basis, and seeks to partner with families to make a Hopkins education possible. We meet 100% of our admitted students demonstrated financial need.

Will applying for financial aid affect my chances for admission?

If you believe you will need financial aid to attend Hopkins, you should apply, as financial aid will not be available post-admission for the year in which you are admitted, or in future years absent a significant change of circumstances. However, students who apply, and qualify, for financial aid are in a more competitive situation for admission.

How does financial aid work after the first year?

Families need to apply for financial aid each year, but can expect to receive a grant equivalent to the same general percent of tuition as originally awarded, as long as the family’s financial circumstances remain consistent. Changes in employment and/or number of tuition obligations may impact an award.

Does Hopkins offer merit or athletic scholarships?

The Malone Family Foundation supports a need-based scholarship that also has a merit component. Students applying for financial aid are automatically considered for this award and no additional application is required. To learn more about the Malone Scholarship, please click here.

Hopkins does not award any athletic scholarships.

What are the income ranges of the families receiving financial aid at Hopkins?

BASED ON MY INCOME, ALTHOUGH I UNDERSTAND OTHER FACTORS PLAY A ROLE, WHAT MIGHT MY FAMILY BE EXPECTED TO CONTRIBUTE TOWARD TUITION?

WE WOULD LIKE TO MOVE AHEAD TO APPLY FOR FINANCIAL AID. WHAT ARE THE NEXT STEPS?

Families apply for financial aid at the same time as they apply for admission. The deadline is January 15. Hopkins uses a third party service, School and Student Services for Financial Aid (SSS) for the application and document collection. Families will complete a Parent Financial Statement (PFS) online at solutionsbysss.com and submit documentation such as income tax returns. (There is a PFS workbook available in Spanish on the SSS website). For more information on how to complete the PFS and what additional documents are required, click here.

Upon review of the completed application, the Financial Aid Committee will make an award to admitted students and notification is at the same time as admission decisions. For additional information about the financial aid program, please contact Carolyn Traester, Director of Financial Aid, at ctraester@hopkins.edu or 203-397-1001 x208.