Cost & Financial Aid - Admission - Knox College

Source: https://www.knox.edu/admission/cost-and-financial-aid

Archived: 2026-04-23 17:15

Cost & Financial Aid - Admission - Knox College
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Cost & Financial Aid
The Power of a Knox education launches students. That requires an investment from you and from Knox. Scholarships are offered with your letter of admission, and additional financial aid options combine to complete your financial aid offer.
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Making College Affordable for You
There is a wide variety of need-based financial aid to help cover your college expenses. Your financial aid offer is based on your financial need, which (for U.S. citizens) is determined by your FAFSA (Free Application for Federal Student Aid) results.
Knox academic and talent scholarships are not awarded based on financial need, but will be included in your overall financial aid offer.
How to Apply for Financial Aid
Types of Financial Aid (including scholarships)
Scholarship & Cost Estimate (for you!)
Loans & Financing Options
FAFSA Speak
Understanding Costs for International Students
MAP Grant Information (for IL students)
Prairie Promise (for IL students)
Office of Student Financial Services
An Affordable Top-Tier Education.
By creating a nationally recognized financial aid program Knox College is accessible to students from all backgrounds.
100%
Of Students Receive Financial Assistance
Up to $50K
In Academic Scholarships per Year

Knox Can Cost Less Than Or Equal To Public Schools or Universities
Costs
Tuition & Fees: $60,051
Housing & Food: $11,325
Total: $71,376
These costs are for undergraduate students attending full time during the academic year. Actual costs may vary depending on course load, housing arrangements, course fees, and individual circumstances.
Expense
On-Campus
Off-Campus
Commuter
Tuition & Fees
$60,051
$60,051
$60,051
Books, Materials, & Equipment
$1,200
$1,200
$1,200
Living Expenses
$11,325
$8,895
$2,250
Avg Transportation
$750
$500
$600
Misc. Personal Expenses
$1,000
$1,000
$1,000
Avg Loan Fees
$78
$78
$78
Add'l Food Allowance
$559
$0
$0
Avg. Housing Allowance
$274
$0
$0
Total
$74,963
$71,724
$65,179
Expense
On-Campus
Off-Campus
Commuter
Tuition & Standard Fees
$62,895
$62,895
$62,895
Books, Materials, & Equipment
$1,200
$1,200
$1,200
Living Expenses (incl. housing & food)
$11,862
$8,895
$2,250
Avg Transportation
$750
$600
$600
Misc. Personal Expenses
$1,000
$1,000
$1,000
Avg Loan Fees
$78
$78
$78
Add'l Food Allowance
$152
$0
$0
Add'l Average Housing
$280
$0
$0
Total
$78,217
$74,668
$65,773
Direct costs
are items charged to you by Knox: tuition, fees, on-campus housing and food (room & board).
Indirect costs
are items not paid to Knox, but are estimated personal expenses based on the general costs in the Galesburg area: books, supplies, off-campus housing and food, transportation, personal expenses, and loan fees.
Because of Knox’s three term calendar, bills are sent three times a year.
Learn more details
.
Options include paying in full each term (due in August, December, or March) or monthly.
Learn more details
.
For Illinois Students: Prairie Promise
Earn your degree at Knox College 100% tuition-free!
Qualifying students are:
→ from a family whose income is $100,000 or less
→ a first-year or transfer student, admitted to Knox College
→ an Illinois resident or member of a Native nation with historical ties to Illinois
→ excited to experience the Power of a Knox Education
With the Prairie Promise, 100% of your tuition is covered by gift aid—grants and scholarships you don’t have to pay back.
We promise to make the transformative power of a Knox education accessible, regardless of your financial situation.
Learn more
How Much Will You Pay?
Fill out the Knox College Net Price Calculator to receive estimated costs based on your academic achievements, talents, and financial situation.
Net Price Calculator
The FAFSA
To be considered for need-based financial aid, U.S. citizens need to fill out the Free Application for Federal Student (FAFSA). Available October 1, a quick form that might save you thousands of dollars.
What is the FAFSA?
Probably the most important financial paperwork of your college search.
Learn More
Financial Aid Glossary
FAFSA, SAI, NPC, FSA ID, COA...Financial aid has its own language – one with many acronyms and industry-specific terms. This financial aid glossary will take some of the mystery out of these terms.
Learn More
How to Fill Out the FAFSA
Once they gather the necessary paperwork, many families complete the FAFSA in under 30 minutes.
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FAFSA FAQ
Frequently Asked Questions
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Financial Aid Dates & Deadlines
October 1
: FAFSA Opens
December 1
: Priority financial aid offer FAFSA submission date
February 1
: Knox College begins sending financial aid offers
February - April
: Meet with Financial Aid staff to discuss your offer and payment options.
March 1
: Preferred FAFSA submission date for families seeking financial aid offers by May 1
May 1
: National Candidate’s Reply deadline: The date by which we hope you choose Knox!
June 1
:  Accept or reject individual financial aid offers
August 1
: Loan paperwork due date
August 15
: Pay first term bill
Dig into What You Love
The $2,000 Power of Experience Grant helps with costs related to internships, international study, service, creative work, or research opportunities.
Watch Now
Contact Student Financial Services
Reach out to us with questions or concerns at 309-341-7149, 800-678-KNOX (Toll Free), 309-341-7453 (Fax), or financialservices@​knox.edu.
Is Knox for you?
Contact us to find out more about our comprehensive majors, minors, and programs.
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