Spelman College is currently recognized as the most expensive Historically Black College and University (HBCU).
Understanding Spelman College's Costs
Spelman College, a distinguished liberal arts college for women located in Atlanta, Georgia, holds the designation of being the HBCU with the highest average net price. Despite this, the institution is committed to making education accessible, with a significant majority of its students receiving financial assistance.
Here's a breakdown of key financial aspects at Spelman College:
| Metric | Detail |
|---|---|
| Institution | Spelman College |
| Status | Most expensive HBCU |
| Average Net Price | $40,810 |
| Recent Price Change | Annual net price dropped nearly $5,000 |
| Students Receiving Aid | 96% of students receive a grant directly from Spelman |
The average net price reflects the actual cost students pay after grants and scholarships are applied, making it a more accurate indicator of out-of-pocket expenses compared to the sticker price. While Spelman's net price is notable among HBCUs, the high percentage of students receiving institutional grants highlights the college's efforts to support its student body financially.
