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Cost & Financial Aid


Office of Student Financial Services

2 East South Street

Galesburg, IL 61401


800-678-KNOX (Toll Free)

309-341-7453 (Fax)


Submit Your Deposit
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Making College Affordable

A nationally recognized financial aid program funded by incredibly generous alumni and friends makes it possible for students from all backgrounds to attend and afford Knox.

We offer a wide variety of need-based financial aid to help you cover your college tuition and expenses, and we're here to guide you through the financial aid process.

Comprehensive Fee

Costs 2023-2024 2022-2023
Tuition $54,768 $52,461
Fees $819 $798
Room $5,091 $5,091
Board $5,316 $5,235
Total $65,994 $63,585

How much financial aid will I receive?

Your financial aid award is based on your financial need, which is determined by your FAFSA (Free Application for Federal Student Aid). More than 80 percent of new (U.S. first-year) students entering in fall 2023 qualified for financial aid based on need. Here's what those students received:

Average Financial Aid Awards for U.S. First-Year Students Enrolled in the Fall of 2023

Total Family Income Average Award* Award Range*
$0 - $35,999 $63,830 $41,210 - $69,730
$36,000 - $71,999 $62,130 $48,460 - $68,770
$72,000 - $107,999 $55,840 $44,070 - $67,960
$108,000 - $125,000 $51,080 $42,500 - $60,330
Over $125,000 $44,940 $31,500 - $58,700

*Awards include scholarships, grants, federal student loans, and student employment.


The Office of Student Financial Services establishes a standard cost of attendance budget to calculate your estimated educational costs. This represents typical costs for students during the nine-month academic year based on anticipated enrollment, dependency status, and living arrangements (on-campus, off-campus or with parents).

What’s Included

  • Direct costs (items charged by Knox):
    • tuition,
    • fees, and
    • estimated living expenses (on-campus housing and food)
  • Indirect costs (items not paid to Knox), based on estimates for the Galesburg area:
    • books, supplies, course materials, and equipment
    • estimated living expenses (off-campus housing and food),
    • transportation, 
    • misc. personal expenses, and
    • estimated loan fees

Food estimates are based on 21 meals per week. On-campus food plans vary.

Estimated Expenses for Knox Students

These budgets represent estimated average costs for undergraduate students attending full time during the academic year.

Your actual costs may vary depending on your course load, housing arrangements, course fees, and individual circumstances.

2023-24 Estimated Cost of Attendance (COA)

On-Campus Living

Off-Campus Living

Commuter student (living with parents)

Tuition & Standard Fees $55,587 $55,587 $55,587
Books, Course, Materials, Supplies, & Equipment $1,200 $1,200 $1,200
Living Expenses (including housing & food) $10,407 $8,895 $2,250
Average Transportation




Miscellaneous Personal Expenses $1,000 $1,000 $1,000
Average Loan Fees $78 $78 $78
Add'l Food Allowance $152 $0 $152
Add'l Average Housing $280 $0 $0
Total of items listed above $69,454 $67,260 $61,117

Get Your Estimate Now

Find out what scholarships and financial aid you might qualify for. Use our Net Price Calculator for a personalized estimate.

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Printed on Friday, December 8, 2023