<img height="1" width="1" style="display:none" src="https://q.quora.com/_/ad/bdd9d941ae754c498fe2d2326d029ffa/pixel?tag=ViewContent&amp;noscript=1">

Which Private Colleges Offer the Largest Tuition Discounts to Middle-Income Families?

Featured Stories

Filter By Categories

If you are interested in attending a private college or university, then you may be wondering which private institutions typically provide the largest tuition discounts to middle-income families.  A school’s tuition discount reflects the difference between the school’s stated annual cost of attendance, which includes more than just tuition costs, and the average net price paid by students.  A school’s net price is the average annual cost of attending school that is not covered by financial aid.  Families with higher annual incomes typically pay higher net prices.

Many families that earn $75,000 or more annually assume that their college-age children are not eligible to receive any financial assistance.  However, most schools do not expect that students will pay the full cost of attendance. In addition to potentially being eligible for merit-based awards, students with family incomes above $75,000 are frequent recipients of need-based financial aid.  The table below demonstrates that tuition discounts are extremely common.

Although a tuition discount is not guaranteed to any student, a family’s income bracket can indicate the approximate discount that a student may expect to receive.  The tuition discounts offered by different schools can vary widely, and depend on the practices of the school itself, the qualifications of the applicant, and the financial profile of the applicant’s family.

The table below, which is organized by income bracket, presents the private colleges and universities nationwide that offer the largest tuition discounts to middle-income families.  The cost of attendance and net price figures were sourced from the Integrated Postsecondary Education Data System, a federal government-sponsored national database of higher education institutions, for the 2017-18 school year.

Top Private Colleges & Universities by Tuition Discount

Institution Name


Cost of Attendance

Average Net Price

Tuition Discount


Income Bracket: $75,000-110,000

Tennessee Wesleyan University





Colby College





Vanderbilt University





Williams College





Johns Hopkins University





Dartmouth College

New Hampshire




Davidson College

North Carolina




Middlebury College





Beloit College





Kenyon College






Income Bracket: $110,000+

Tennessee Wesleyan University





Beloit College





Medaille College

New York




Philander Smith College





University of Charleston

West Virginia




Maryville College





Hollins University





University of Saint Mary





Holy Family University





Reinhardt University





Need more info? Find out which public colleges and universities nationwide offer the largest tuition discounts.  We’ve also got the inside scoop on which schools in the Northeast, South, Midwest, and West provide the greatest tuition discounts to middle-income families.  Otherwise, learn more about what it really costs to attend college from the experts at Edmit.

Edmit's advice helps you to be better off after graduation.

  • Merit and financial aid estimates based on your student profile
  • Earnings estimates and financial scores for your college and major
  • Recommendations to save thousands on college

Sign up for updates

Popular Tags

Financial Aid and Scholarships* Cost of College* paying for college financial aid FAFSA Student Loans* grants and scholarships federal student loans Saving for College* Salary and Career* college tuition 529 plan cost of attendance expected family contribution private student loans college financial planning financial aid award taxes career college savings plan room and board on-campus housing merit scholarships budgeting for college college expenses federal financial aid merit-based financial aid private universities public universities edmit hidden gems edmit team college costs parent PLUS loan college applications living expenses CSS profile education expenses financial need income application fees career fit choosing a major financial aid appeal off-campus housing choosing a college college majors loan forgiveness affordable college degree programs loan repayment repayment plans researching careers student loan assistance student loan debt work-study application fee waivers career exploration college search coronavirus edmit scholarship institutional aid net price private scholarships SAT career goals college visits in-state tuition prepaid tuition plans ACT budget free tuition international students internships need-based financial aid need-blind colleges qualified higher education expenses retirement savings school-based scholarships southern colleges standardized testing tuition discount tuition guarantee tuition payment plans 401k UGMA UTMA applying to college college financial health college ranking systems college spending college transfers credit score discretionary income distance learning education savings accounts fees financial literacy full ride scholarship gap year grants health insurance options investment ivy league schools liberal arts degree meal plans midwestern colleges need-aware colleges out-of-state tuition saving state aid tuition increases western colleges 568 presidents group Inversant MEFA asset protection allowance best price campus life college advisor college credits college deposit college viability community college concurrent enrollment cost by region cost by state crowdfunding dorms early decision educational expenses esports fee waivers financial wellness for-profit universities fraternities and sororities full tuition graduate school home equity loan income share agreements job applications line of credit lists medical expenses medical school military benefits net price calculators new england colleges non-profit universities online learning online tuition out-of-state students percent need met private college consultant remote learning self-assessment siblings small business state schools student bank accounts student organizations subsidized loans title IV schools travel expenses tuition decreases tuition insurance tuition reciprocity undocumented students unsubsidized loans work-based learning