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 2020 – 21

	Degree Programs	Diploma Programs
	BM/BFA/MM/DMA/PC	AD/GPD
Tuition	53,631^	46,630^
Room and Board *	N/A	N/A
Personal	2,054	2,054
Books and Supplies *	964	964
Travel Estimate **	1,272	1,272
Health Services Fee (Spring 2021 charge)	240	240
Technology Fee	350	350
Total	$58,511^	$51,510^
Health Insurance ***	2,415	2,415
Total	$60,926^	$53,925^
Matriculation Fee ****	700	700
Total	$61,626^	$54,625^

^Fall 2020 Undergraduate tuition will be discounted 10%

*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 $2,260 per credit consultation.

Loan fees : Direct -Undergraduate $66 and Direct-Graduate $194. PLUS: Parent $1402 and Graduate $1081.