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Each year the Financial Aid Office establishes standard student budgets that use cost of attendance (COA) estimates for awarding financial aid funds. The COA budget reflects typical expense patterns of Peabody students based on research conducted by the Financial Aid Office from reliable sources. Some students will spend more than the standard amounts, while others will spend less, depending on individual circumstances.

The COA budget is not your tuition bill. Not all items listed in the budget will be paid to the school. COA figures reflect projected tuition and fee increases, as well as estimated living expenses (room and board for on or off campus housing), transportation, personal expenses and other relevant costs a student may incur. The Peabody Business Office will bill students for actual charges to be paid to the school before the start of each semester.

The actual cost for books, supplies, travel, personal and off campus living expenses varies by student.

Estimate of Educational Expenses 2018 – 19

Degree Programs Diploma Programs
BM/MM/DMA/PCB AD/GPD
Tuition 48,645 42,295
Room and Board 16,340 13,150
Personal * 1,994 1,994
Books and Supplies * 936 936
Travel Estimate ** 1,235 1,235
Health Services Fee 485 485
Technology Fee 350 350
Total $69,985 $60,445
Health Insurance *** 1,880 1,880
Total $71,865 $62,325
Matriculation Fee **** 700 700
Total $72,565 $63,025

*On campus room and board is based on double occupancy and board plan I.  First year students must sign up for board plan I.  The estimated on-campus room & board allowance for 2018-19 is $16,340.  The estimated off-campus allowance is $13,150 (for a nine-month period).  The estimated room and board costs for students living with parents is $7325 (for a nine-month period).

**Travel Estimate – Based on travel within the U.S.  If traveling overseas, projected cost will be higher, please plan accordingly.

***Health Insurance – All students are required to have health insurance. If you cannot provide proof of adequate coverage through your parents or another source, you will be required to purchase health insurance through the Johns Hopkins University Student Health Plan.

***Matriculation Fee is charged to first year students only.