Baruch College Cost

Understanding Baruch College Cost: What You Need to Know

When considering higher education, one of the most important factors for students and their families is the cost of attendance. Baruch College, part of the City University of New York (CUNY) system, offers a highly respected education at a relatively affordable price compared to many other institutions in the United States. In this article, we’ll break down the Baruch College cost, including tuition, fees, and other expenses you should consider.

Tuition and Fees at Baruch College

Baruch College cost varies depending on whether a student is a New York State resident or an out-of-state student. For the 2024–2025 academic year, undergraduate tuition for New York State residents is approximately $7,500 per year, while out-of-state students pay around $15,300 annually.

Graduate tuition rates differ by program, but for most master’s programs, New York State residents pay about $5,545 per semester if enrolled full-time, while non-residents pay around $855 per credit.

In addition to tuition, students are responsible for a range of fees, including student activity fees, technology fees, and consolidated service fees. These typically add up to about $500–\$600 per semester for full-time students.

Living Expenses and Additional Costs

While tuition and fees make up a significant portion of the Baruch College cost, students must also consider living expenses, transportation, books, and personal expenses.

Since Baruch College is located in Manhattan, New York City living costs can be relatively high. Students living off-campus should budget for rent, utilities, groceries, and commuting expenses. The college estimates that the average cost of living off-campus for a student can range between $20,000 and $25,000 per year, depending on lifestyle and housing choices.

Textbooks and supplies typically cost around $1,364 per year, although this can vary based on course requirements and whether students opt for new or used materials, rentals, or digital versions.

Financial Aid and Scholarships

The good news is that many students at Baruch College receive financial aid to help offset the overall cost. Baruch participates in federal, state, and institutional aid programs, including the Pell Grant, TAP (Tuition Assistance Program) for New York residents, and the Excelsior Scholarship, which covers tuition for eligible students whose families earn under a certain income threshold.

Additionally, Baruch College offers merit-based scholarships, need-based grants, and work-study opportunities to assist students financially. About 70% of Baruch students receive some form of financial aid, which can significantly reduce out-of-pocket expenses.

Is Baruch College Affordable?

When comparing the Baruch College cost to other public and private institutions, it remains one of the most affordable options, especially for New York residents. Its reputation for academic excellence in fields like business, public affairs, and arts and sciences makes it a top choice for students seeking quality education without an overwhelming financial burden.

In summary, while the total Baruch College cost includes tuition, fees, and living expenses, the availability of financial aid and scholarships makes it accessible to many students. Understanding these costs and available resources can help families better plan for a successful college experience.