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 2021 – 22

	Degree Programs		Diploma Programs
	BM/BFA	MM/DMA/PC	AD/GPD
Tuition	56,313	56,313	48,962
Room and Board	17,856	N/A	N/A
Personal	2,116	2,116	2,116
Books and Supplies *	993	993	993
Travel Estimate **	1,310	1,310	1,310
Health Services Fee	485	485	485
Technology Fee	350	350	350
Total	$79,423	$61,567	$54,216
Health Insurance ***	2,482	2,482	2,482
Total	$79,423	$61,567	$54,216
Matriculation Fee ****	700	700	700
Total	$80,123	$62,267	$54,916

**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.

Note: Degree in Progress fees are $2,373 per credit consultation.

Loan fees : Direct -Undergraduate $64 and Direct-Graduate $187. PLUS: Parent $1064 and Graduate $1380.

Estimate of Educational Expenses for Low-Res MM 2022 & 2023

	Degree Program
	Low-Res MM
Tuition	59,128
Room and Board	19,276
Personal	2,116
Books and Supplies *	993
Travel Estimate **	1,310
Health Services Fee	360
Technology Fee	350
Total	$83,533
Health Insurance ***	TBD
Total	$83,533
Matriculation Fee ****	700
Total	$84,233

*Students pursuing the Low Res MM program are encouraged to apply for federal loans or private loans as this 13 month program does not offer institutional scholarships. *

**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.