HANOVER โ€” The annual cost of attending Dartmouth College for undergraduates is climbing to $92,000 โ€” almost 5% more than last year โ€” for the upcoming academic year.

The $92,000 price tag includes tuition, fees, housing and meals.

The increase is โ€œin response to inflation, increased services to students, new academic initiatives, compliance requirements, and other expenses,โ€ Jana Barnello, a spokesperson for the college, said in an email.

This yearโ€™s increase of 4.8% is above last yearโ€™s price hike of 3.6%.

The increase will impact many students and families but not all. The average scholarship awarded for the Class of 2028 is $72,700 per year, according to the collegeโ€™s financial aid website.

The incoming Class of 2029 will be the second eligible for what the college calls its โ€œmiddle-income initiative.โ€ After receiving a $150 million bequest from the estate of now deceased Glenn Britt, class of 1971, and his wife Barbara Britt, Dartmouth nearly doubled its income threshold for a โ€œzero parent contributionโ€ from $65,000 to $125,000 for families with typical assets.

โ€œA Dartmouth education remains in reach due to our ongoing investments in and commitment to financial aid,โ€ Dartmouth President Sian Leah Beilock said in a March article from the collegeโ€™s news service. โ€œToday, it costs no more than $5,000 per year for students from families with typical assets making $125,000 or less. We know of no other school anywhere that matches this level of support for middle-income families.โ€

This year, 18% of accepted students qualified to attend Dartmouth without a parental financial contribution. Thatโ€™s down slightly from the nearly 20% of accepted students who qualified for the expanded scholarship in 2024. 

While each of the eight Ivy League schools calculate their cost of attendance slightly differently, Dartmouth has the fifth highest tuition with Harvard, Princeton and the University of Pennsylvania all costing less.

Emma Roth-Wells is a staff writer at the Valley News. She can be reached at erothwells@vnews.com or 603-727-3242.