Financial Aid Calculators
What Will You Pay?
Roanoke College Financial Aid Estimator and Financial Aid Calculator
A college education is an investment in your future. While the cost of a private college may seem out of reach to some families, most find Roanoke affordable once scholarships and aid are considered. Our goal is to do our best to ensure that no deserving student is denied a Roanoke College education because of a lack of funds.
The College participates in a wide range of federal and state aid and student grant programs. We also make generous commitments each year from College resources to help students. Roanoke College administers more than $37.3 million in financial aid annually. We work closely with each family to match their needs with federal, state, private and College resources. Qualified students can receive financial aid for college which includes assistance ranging from scholarships and student grants to loans and jobs. At least 85% of our enrolled students received financial aid for college from these types of programs in 2022-2023.
The Roanoke College Financial Aid Office offers all prospective freshman applicants and their families two different financial aid calculators. These tools offer students interested in attending Roanoke a projected estimate of their financial aid package, even before they formally apply to Roanoke College.
Roanoke College Financial Aid Estimator
By answering two simple questions using the financial aid calculator, you will receive an early financial assistance evaluation based on what similar students received in the past. Keep in mind that while this is only an estimate of eligibility for aid and student grants and not a commitment of College and/or federal funds, it provides you and your family a simple, brief way to estimate any scholarships, student grants and loans for which you may be eligible.
The estimate will not include scholarships available from special programs such as Lutheran scholarships and competitive scholarship programs; assistance from these programs may alter your award. For further information on these programs, please contact the Admissions Office.
Roanoke College Net Price Calculator
This net price calculator provides a more extensive analysis and helps prospective students and their families estimate the individual net price of Roanoke College. In order to complete this calculator, applicants will need information pertaining to their academic credentials (cumulative GPA and standardized test scores) and their family's financial information. It may be necessary to have both the student's and parent's 2021 federal tax returns to complete this calculator. This calculator is will take approximately 15 - 20 minutes to complete.
The results provided by the Financial Aid Calculator are only an estimate and do not guarantee the actual financial aid an applicant will receive. The estimated award is subject to the accuracy of the information provided and may change if financial or other family characteristics change.