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	56313	48,962
Room and Board *	17856	N/A*	N/A*
Personal	2116	2116	2116
Books and Supplies *	993	993	993
Travel Estimate **	1310	1310	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^	$62267	$54,916^

*Housing update as of July 31, 2020: The change in our plans for instruction also changes previously announced plans for on-campus housing and dining facilities, which now will not be operational this fall. If you have concerns that your living situation is not secure or can demonstrate hardship, please contact the office of Student Affairs.

**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. In careful consideration of the current challenges in coming to campus and the US for fall 2020, we are allowing all of our international students with F1/J1 visa status not coming to campus for fall of 2020 and who are residing outside of the US to waive our Wellfleet student health insurance coverage. 

***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.