1 HIRAM COLLEGE TUITION GUARANTEE

TUITIONeGUIDE

2 HIRAM COLLEGE TUITION GUARANTEE

How a private liberal arts education can be affordable – starting with the Hiram Tuition Guarantee

Is a private liberal arts education worth it?

At Hiram College, the answer is a resounding

“YES.”This guide will answer your questions: •HowmuchwillIsavewithHiram’sTuitionGuarantee? •HowmuchcanIexpecttoreceiveinaidandscholarships fromHiramCollege? •HowdoesHiram’scostandvaluecomparetosimilarliberal artscollegesinthearea? •Howwillchoosingaprivateliberalartscollegebenefit mycareerandlifetimeearnings? •Isacollegeeducationreallyworthit? •What’smyreturnoninvestment?

Ifyou’reinterestedintalkingtooneofouradmissioncounselorsafterreviewingthisguide,pleaseemailusatadmission@hiram.edu or call 800.362.5280.

3 HIRAM COLLEGE TUITION GUARANTEE

Start with our Tuition Guarantee.

It’snosecretthatcollegecostsarerising.Whenyou’remakingyourdecision,you’llwanttocomparethecostforyourfreshmanyearwithwhatitwillbeyoursenioryear.

Our Tuition Guarantee locks in the rate you pay when you enter as a freshman. Your tuition will not increase between your first and fourth year at Hiram. Guaranteed.

1YEAR

2YEAR

3YEAR

4YEAR

PRIVATE/OTHER COLLEGES

HIRAM COLLEGE

4.3%

6%

0%

PRIVATEAverage cost: $30,090

PUBLICAverage cost: $8,890

HIRAM COLLEGECost: $30,230

Youwillpay$7,990over four yearsmorethan the initial tuition

Youwillpay$3,328over four yearsmorethan the initial tuition

Youwillpay$0overfouryearsmorethan the initial tuition

* Average college cost and average yearly increases based on four-year averages from 2010-2013, according to College Board data.

4 HIRAM COLLEGE TUITION GUARANTEE

If $30,230 a year seems like a lot, don’t worry.BeyondtheHiramCollegeTuitionGuarantee,scholarshipscanhelpmaketuitionaffordable.HiramCollegeoffersacademicmeritscholarshipsrangingfrom$1,000tofulltuition,renewableforuptofouryears.

60%

99%

Thefederalgovernmentawards

$150 billionayeartohelpmillionsofstudentspayforcollegeintheformof: • Grants • Low-interestloans • Work-studyfunds

OF HIRAM STUDENTS RECEIVE MERIT SCHOLARSHIPS

OF HIRAM STUDENTS RECEIVE SOME FORM OF

FINANCIAL AID

100%TUITION

53%TUITION

26%TUITION

75%TUITION

40%TUITION

Trustee ScholarshipHolistic application review

Deans Scholarship3.6 cumulative GPA and 26 ACT/1200 SAT

HiramScholarship3.0 cumulative GPA and 20 ACT/950 SAT

Presidential ScholarshipHolistic application review

HeritageScholarship3.3 cumulative GPA & 23 ACT/1050 SAT

$41,720Hiram College sticker price (including room and board)

$18,453average net

cost after aid

5 HIRAM COLLEGE TUITION GUARANTEE

Brian,ahighschoolsenior,isawardedascholarshipcoveringhalfoftuition($15,115)tobothHiramCollegeandasimilarlypricedprivateschool.

Don’t let your scholarship lose its value.

$14,000 $15,000 $16,000 $17,000 $18,000 $19,000

YEAR 1

YEAR 2

YEAR 3

YEAR 4

HIRAM COLLEGE TUITION COSTWITHSCHOLARSHIP

PRIVATE SCHOOL B TUITION COST WITHSCHOLARSHIP

AtHiram,ascholarshipcovering 50 percent of tuitionduringBrian’sfreshmanyearwillstillcover50percentoftuitionbyhissenioryear.

Atothercollegeswithyearly tuition increases,thepercentagecoveredbythatsamescholarshipwilldecreaseyearafteryear.

6 HIRAM COLLEGE TUITION GUARANTEE

“Nomatterwherestudentsstarttheireducationaljourney,Hirampositionsthemnotonlyforamoresuccessfulcareerthanwouldhaveotherwisebeenthecase,butforahappier,moreproductiveandservice-orientedlife.” - Hiram College President Lori Varlotta

445255

social mobility

community service

service staff

Hiramstudentsperformbetterthanexpectedwhencomparingtestscorestograduationrates.

Servicelearningiswellintegratedintotheliberalartscurriculum,andHiramstudentsandfacultycommittimeandenergytocommunityservice.

Hiramstudentsinterestedinservicelearningwillfindamplescholarships,supportstaffandprogramsdedicatedtohelpingthemsucceed.

15%HiramCollegeisinthetop15percentofU.S.colleges/universitiesforreturnoninvestment(basedonqualityofstudentswhentheyenter,

totalcostsrelatedtoattendingcollegeandstartingsalaries),accordingtoEducatetoCareer’s

2015CollegeRankings. 195100

Hiram students each year will complete paid internships in their fields of study at

local organizations, thanks to a three-year, $405,700 grant from the Great Lakes Higher

Education Guaranty Corporation

percent of Hiram students complete

internships, research or study away

WashingtonMonthlyalsorankscollegesbasedontheir contribution to publicgoodthroughthreecategories:service,socialmobilityandresearch.

Here’showHiramstackedupagainst247 liberal arts collegesnationwide.

7 HIRAM COLLEGE TUITION GUARANTEE

13Strong student-professor connections lead to thriving careers.Itallcomesdowntoconnectednessandhumanvalues,accordingtotheGallup-PurdueIndexReport,releasedinMay2014.

ThestudysurveyedgraduatesofAmericancollegesonissuesofemployment,jobengagementandwell-being,anditfoundthatstudentswho connected with a professor duringcollegeweremorelikelytobethrivingintheirchosencareers.

AtHiramCollege,theoddsareinyourfavor.

AVERAGE CLASS

SIZE

STUDENT-TO-PROFESSOR

:

“(Myprofessors)makemefeellikeI’mwanted;itmakesmefeellikeI’mapersonhereatHiram.They’vegivenmetheopportunities I never thoughtI’dhaveasacollegestudent.” - Julia Fabich, education major, Class of 2015“Professorsgiveyoutheircellphonenumbers,andifyouhavequestionslast-minute,beforethetestat

night,orbeforeabigproject,they’realwaysthere.” - Andrew Harding, accounting major, Class of 2015

8HIRAMCOLLEGETUITIONGUARANTEE HIRAMCOLLEGETUITIONGUARANTEE8

“

“

“Smallclasssizesarereallyimportanttome.Iliketheideathatmyprofessorsaremorethanjustmyfaculty.IfeelcomfortableenoughtoaskthemforhelpifIneedit.” - Ashley Vannoy, creative writing major, Class of 2015

CominginIknewthesupportsystem…howeveryone’ssofriendlyandcaresaboutyou,andyou’renotjustanumber.But the professors went beyondmyexpectations.Theyreallycareaboutme,andtheywantmetosucceed.” - Ann Riddle, political science major, Class of 2016

AtHiram,weencouragestudentstobecomeinvolvedinprofessionalorganizationsandcampusactivities.Theylearntobeleadersbecauseweletthemtakecharge. - Earl Kissell, professor of accounting

IlovelearningfromandwithstudentsineveryclassIteach.Abigpartofthislearningtogetheroccurs when we partner withcommunityorgani-zationstomakecoursecontentcomealive. - Jennifer McCreight, assistant professor of education

ItellmystudentsthatiftheygraduatefromHiramandhaven’tchangedforthebetter,theyhaven’tfailed,Ihave. - Rick Hyde, professor of theatre arts

Ilovebigideas–thekindthatcantransformhowyouseetheworld.Oneofthebestthingsaboutmyjobisthatitallowsmetoexplorebigideaswithstudents. - Debbie Kasper, associate professor of environmental studies

And our professors value you.

TheopportunitytoconductresearchattheSwissLightSourcethroughmyprofessorwastheperfectwaytoex-periencewhataresearchcareermightentail.Thereisnobetterwaytoseewhatsomethingislikeotherthantotryitout,andthenatureofHiram’ssmall,liberalartsatmo-sphereallowsformanyexperiencestodojustthat.” - Daniel Fakhoury, chemistry major, Class of 2013

9HIRAMCOLLEGETUITIONGUARANTEE

Choosing a private liberal arts education pays off. Seriously.

Morestudentsattendingprivatecollegesgraduateinfouryears.

60%PUBLIC

78%PRIVATE

*According to the National Association of Independent Colleges and Universities.

VS

GRADUATED IN FOUR YEARS

Takingtwoadditionalyearstograduatecanadduptotens of thousands of dollars in tuition andstudentloans,plushundreds of thousands of dollars in lost income,compoundedoveralifetimeofearnings.

10HIRAMCOLLEGETUITIONGUARANTEE

YEARS 1-4

YEAR 5

YEAR 6

PRIVATE COLLEGE

4 years to degree 5 years to degree 6 years to degree

Average net price:*

$12,460 x 4 years=$49,840

Average net price:*

$3,120 x 4 years=$12,480

Average net price:*

$3,120 x 4 years=$12,480

5th year average net price:*

$3,120Average lost income in 5th year:**

$48,707

5th year average net price:*

$3,120Average lost income in 5th year:**

$48,707

6th year average net price:*

$3,120Average lost income in 5th year:**

$48,707

PUBLIC COLLEGE

student earns a degreeenters workforce

student continues in school student continues in school

Net Price (Tuition): $49,840 Net Price (Tuition): $15,600 Net Price (Tuition): $18,720

student earns a degreeenters workforce

student continues in school

$0 $48,707** $97,414**

$49,840 $64,307 $116,134

Average lost income: Average lost income: Average lost income:

TOTAL COST OF BACHELORS

DEGREE

* According to College Board data for 2013-14 (average net tuition cost after scholarships/aid). Net price is the published price minus the grant aid students receive. Net prices represent what students actually pay, and in this instance, do not account for yearly tuition increases.

**According to the National Association of Colleges and Employers’ data for average starting salary for 2014 college graduates.

Average income earned years 5 and 6:**

$97,414

TOTAL COST OF BACHELOR’S DEGREE OVER 4 YEARS (NOT INCLUDING ROOM AND BOARD)

11 HIRAM COLLEGE TUITION GUARANTEE

Still have doubts about the value of higher education?

Collegestudentswhograduatewithabachelor’sdegreeinfouryearscanexpecttoearnenoughbyage36tocompensateforbeingoutofthelaborforceforfouryearsandforborrowingthefulltuitionandfeeamountwithoutanygrantaid.Thatagegenerallydropsto32forstudentswhoreceivesomegrantaid.

4%The unemployment rate for individuals

age 25 and older with at least a bachelor’s degree

$1,200,000

$1,000,000

$800,000

$600,000

$400,000

$200,000

Cumu

lative

Net E

arning

s

Bachelor’s Degree

Associate’s Degree

High School Diploma

Age

18 24 30 36 42 48 54 60 64Source: “Education Pays 2013” by College Board

Welookedatalotofprivate liberal arts institutions,andHiramstoodoutformanyreasons,includingtheTuitionGuarantee.MyfamilyandIunderstandtheinvestmentwe’remakinginourson’seducation,andtheguaranteegivesuspeaceofmindthathiscollegecostswillnotcontinuetoescalate. Karen Scher, Hiram College parent

“

”

12 HIRAM COLLEGE TUITION GUARANTEE

65%89%

$21,000During a 40-year full-time working life, the median earnings of bachelor’s degree recipients without an advanced degree are 65 percent higher than the median earnings of those with only a high school diploma.

Employed individuals age 30-45 with a bachelor’s degree who report they are moderately or very satisfied with their work (1972-2012)

In 2011, median earnings of bachelor’s degree recipients with no advanced degree working full-time were

a year higher than those with only a high school diploma.

Professional Degree (2%)

Doctoral Degree (2%)

Master’s Degree (10%)

Bachelor’s Degree (25%)

Associate’s Degree (11%)

Some College, No Degree (17%)

High School Diploma (27%)

Less than a High School Diploma (7%)

$0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000

$102,200$91,000

$70,000$56,500

$44,800

$40,400

$35,400$25,100

Source: “Education Pays 2013” by College Board

TheTuitionGuaranteewasdefinitelyoneofthebiggestreasonsformecomingtoHiram.Thefactthatyoucancomein,andit’spredictableastowhatyou’regoingtohavetopayyearinandyearout,ensuresfinancialsecurity.TheTuitionGuaranteewasoneofthereasonsIcouldaffordtostudyabroad.Corey Stamco, Class of 2017

“ ”MedianEarningsofFull-TimeYear-RoundWorkersAges25andOlder