The slow but painful escalation of college tuition each fall is a given, even in a shaky economy. This year, college costs are again on the rise, says the latest report from the College Board, a higher-education membership association based in New York. According to the report, released on Oct. 26, the average published cost of annual tuition and fees at private four-year colleges is $28,500, up 4.5 percent from last year. Room and board drives that figure up to $38,589.

At public four-year colleges, the cost is 8.3 percent higher than last year, with in-state tuition averaging $8,244. Out-of-state tuition averages $20,770 a 5.7 percent increase over last year.

Which institutions out there have the potential to break the bank? Using the College Board's database of self-reported numbers from 3,924 colleges and universities, Bloomberg Businessweek has compiled a list of the nation's 50 costliest colleges and universities, ranked from the highest tuition and fees to the lowest.

This year, Columbia University in New York City—the third most expensive school in our 2010 ranking—rose to the No. 1 spot as the school with the highest tuition and fees, clocking in at $45,290, a nearly 5 percent increase from a year earlier.

However, tuition and fees make up just one part of the overall financial picture. At most schools, the total annual cost of attending the institution, a figure that includes room and board, books and supplies, personal expenses, and transportation, can easily add $12,000 or more to the bill. Of the 50 schools on our list, the median annual cost was $57,215. Sarah Lawrence College in Bronxville, N.Y., is overall the priciest school on our list, with annual costs totaling $60,570, up $1,786 from 2010.

While these numbers may seem high, financial aid packages and scholarships can help offset the sticker shock. The median financial aid package at these 50 schools is $35,264, a more than 60 percent discount off total costs. Williams College in Williamstown, Mass., offered the most generous financial aid package of the schools listed, giving students on average $41,672 in assistance.

Our ranking is based on out-of-state tuition and fees for the 2011-12 academic year. Where multiple schools at a single university or university system reported different costs, only the school with the highest tuition is listed. Our list is limited to schools accessible to the majority of college-bound students. To provide a more complete picture of what families typically pay for college, we've included data on room and board, books and supplies, estimated personal expenses, and transportation expenses, as well as financial aid.

The slow but painful escalation of college tuition each fall is a given, even in a shaky economy. This year, college costs are again on the rise, says the latest report from the College Board, a higher-education membership association based in New York. According to the report, released on Oct. 26, the average published cost of annual tuition and fees at private four-year colleges is $28,500, up 4.5 percent from last year. Room and board drives that figure up to $38,589.

At public four-year colleges, the cost is 8.3 percent higher than last year, with in-state tuition averaging $8,244. Out-of-state tuition averages $20,770 a 5.7 percent increase over last year.

Which institutions out there have the potential to break the bank? Using the College Board's database of self-reported numbers from 3,924 colleges and universities, Bloomberg Businessweek has compiled a list of the nation's 50 costliest colleges and universities, ranked from the highest tuition and fees to the lowest.

This year, Columbia University in New York City—the third most expensive school in our 2010 ranking—rose to the No. 1 spot as the school with the highest tuition and fees, clocking in at $45,290, a nearly 5 percent increase from a year earlier.

However, tuition and fees make up just one part of the overall financial picture. At most schools, the total annual cost of attending the institution, a figure that includes room and board, books and supplies, personal expenses, and transportation, can easily add $12,000 or more to the bill. Of the 50 schools on our list, the median annual cost was $57,215. Sarah Lawrence College in Bronxville, N.Y., is overall the priciest school on our list, with annual costs totaling $60,570, up $1,786 from 2010.

While these numbers may seem high, financial aid packages and scholarships can help offset the sticker shock. The median financial aid package at these 50 schools is $35,264, a more than 60 percent discount off total costs. Williams College in Williamstown, Mass., offered the most generous financial aid package of the schools listed, giving students on average $41,672 in assistance.

Our ranking is based on out-of-state tuition and fees for the 2011-12 academic year. Where multiple schools at a single university or university system reported different costs, only the school with the highest tuition is listed. Our list is limited to schools accessible to the majority of college-bound students. To provide a more complete picture of what families typically pay for college, we've included data on room and board, books and supplies, estimated personal expenses, and transportation expenses, as well as financial aid.

Most Expensive Colleges 2011

 College Costs Reach New Highs
College Costs Reach New Highs

The slow but painful escalation of college tuition each fall is a given, even in a shaky economy. This year, college costs are again on the rise, says the latest report from the College Board, a higher-education membership association based in New York. According to the report, released on Oct. 26, the average published cost of annual tuition and fees at private four-year colleges is $28,500, up 4.5 percent from last year. Room and board drives that figure up to $38,589.

At public four-year colleges, the cost is 8.3 percent higher than last year, with in-state tuition averaging $8,244. Out-of-state tuition averages $20,770 a 5.7 percent increase over last year.

Which institutions out there have the potential to break the bank? Using the College Board's database of self-reported numbers from 3,924 colleges and universities, Bloomberg Businessweek has compiled a list of the nation's 50 costliest colleges and universities, ranked from the highest tuition and fees to the lowest.

This year, Columbia University in New York City—the third most expensive school in our 2010 ranking—rose to the No. 1 spot as the school with the highest tuition and fees, clocking in at $45,290, a nearly 5 percent increase from a year earlier.

However, tuition and fees make up just one part of the overall financial picture. At most schools, the total annual cost of attending the institution, a figure that includes room and board, books and supplies, personal expenses, and transportation, can easily add $12,000 or more to the bill. Of the 50 schools on our list, the median annual cost was $57,215. Sarah Lawrence College in Bronxville, N.Y., is overall the priciest school on our list, with annual costs totaling $60,570, up $1,786 from 2010.

While these numbers may seem high, financial aid packages and scholarships can help offset the sticker shock. The median financial aid package at these 50 schools is $35,264, a more than 60 percent discount off total costs. Williams College in Williamstown, Mass., offered the most generous financial aid package of the schools listed, giving students on average $41,672 in assistance.

Our ranking is based on out-of-state tuition and fees for the 2011-12 academic year. Where multiple schools at a single university or university system reported different costs, only the school with the highest tuition is listed. Our list is limited to schools accessible to the majority of college-bound students. To provide a more complete picture of what families typically pay for college, we've included data on room and board, books and supplies, estimated personal expenses, and transportation expenses, as well as financial aid.

No. 1 Columbia University
No. 1 Columbia University

New York

Tuition & Fees: $45,290
Room & Board: $11,020
Books & Supplies: $2,807
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $59,117

Average Financial Aid Package: $40,259
Freshman Aid Applicants Receiving Need-Based Assistance: 82 percent

No. 2 Sarah Lawrence College
No. 2 Sarah Lawrence College

Bronxville, N.Y.

Tuition & Fees: $45,212
Room & Board: $13,958
Books & Supplies: $600
Estimated Personal Expenses: $800
Transportation: NA

Total Annual Expenses: $60,570

Average Financial Aid Package: $34,056
Freshman Aid Applicants Receiving Need-Based Assistance: 81 percent

No. 3 Vassar College
No. 3 Vassar College

Poughkeepsie, N.Y.

Tuition & Fees: $44,705
Room & Board: $10,430
Books & Supplies: $860
Estimated Personal Expenses: $1,200
Transportation: $465

Total Annual Expenses: $57,660

Average Financial Aid Package: $41,054
Freshman Aid Applicants Receiving Need-Based Assistance: 86 percent

No. 4 George Washington University
No. 4 George Washington University

Washington, D.C.

Tuition & Fees: $44,148
Room & Board: $10,325
Books & Supplies: $1,275
Estimated Personal Expenses: $1,400
Transportation: $1,000

Total Annual Expenses: $58,148

Average Financial Aid Package: $38,579
Freshman Aid Applicants Receiving Need-Based Assistance: 71 percent

No. 5 Trinity College
No. 5 Trinity College

Hartford

Tuition & Fees: $44,070
Room & Board: $11,380
Books & Supplies: $1,000
Estimated Personal Expenses: $1,000
Transportation: $250

Total Annual Expenses: $57,700

Average Financial Aid Package: $37,881
Freshman Aid Applicants Receiving Need-Based Assistance: 90 percent

No. 6 Connecticut College
No. 6 Connecticut College

New London, Conn.

Tuition & Fees: $43,990
Room & Board: $10,980
Books & Supplies: $1,000
Estimated Personal Expenses: $500
Transportation: NA

Total Annual Expenses: $56,470

Average Financial Aid Package: $34,762
Freshman Aid Applicants Receiving Need-Based Assistance: 81 percent

Photographer: Jessica Hill/AP Photo

No. 7 Wesleyan College
No. 7 Wesleyan College

Middletown, Conn.

Tuition & Fees: $43,974
Room & Board: $12,032
Books & Supplies: $1,333
Estimated Personal Expenses: $1,332
Transportation: NA

Total Annual Expenses: $58,671

Average Financial Aid Package: $35,985
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 8 Bucknell University
No. 8 Bucknell University

Lewisburg, Pa.

Tuition & Fees: $43,866
Room & Board: $10,374
Books & Supplies: $900
Estimated Personal Expenses: $2,000
Transportation: NA

Total Annual Expenses: $57,140

Average Financial Aid Package: $27,000
Freshman Aid Applicants Receiving Need-Based Assistance: 78 percent

No. 9 Carnegie Mellon University
No. 9 Carnegie Mellon University

Pittsburgh

Tuition & Fees: $43,812
Room & Board: $11,110
Books & Supplies: $1,000
Estimated Personal Expenses: $1,400
Transportation: NA

Total Annual Expenses: $57,322

Average Financial Aid Package: $28,849
Freshman Aid Applicants Receiving Need-Based Assistance: 75 percent

No. 10 St. John's College
No. 10 St. John's College

Annapolis, Md.

Tuition & Fees: $43,656
Room & Board: $10,334
Books & Supplies: $630
Estimated Personal Expenses: $400
Transportation: $350

Total Annual Expenses: $55,370

Average Financial Aid Package: NA
Freshman Aid Applicants Receiving Need-Based Assistance: NA

No. 11 Tulane University
No. 11 Tulane University

New Orleans

Tuition & Fees: $43,434
Room & Board: $11,450
Books & Supplies: $1,200
Estimated Personal Expenses: $1,000
Transportation: $849

Total Annual Expenses: $57,933

Average Financial Aid Package: $34,341
Freshman Aid Applicants Receiving Need-Based Assistance: 63 percent

 No. 12 Bard College
No. 12 Bard College

Annandale-on-Hudson, N.Y.

Tuition & Fees: $43,306
Room & Board: $12,286
Books & Supplies: $950
Estimated Personal Expenses: $800
Transportation: $950

Total Annual Expenses: $58,292

Average Financial Aid Package: $36,952
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 13 Oberlin College
No. 13 Oberlin College

Oberlin, Ohio

Tuition & Fees: $43,210
Room & Board: $11,550
Books & Supplies: $830
Estimated Personal Expenses: $978
Transportation: $700

Total Annual Expenses: $57,268

Average Financial Aid Package: $30,901
Freshman Aid Applicants Receiving Need-Based Assistance: 83 percent

No. 14 Williams College
No. 14 Williams College

Williamstown, Mass.

Tuition & Fees: $43,190
Room & Board: $11,370
Books & Supplies: $800
Estimated Personal Expenses: $1,200
Transportation: $692

Total Annual Expenses: $57,252

Average Financial Aid Package: $41,672
Freshman Aid Applicants Receiving Need-Based Assistance: 82 percent

No. 15 University of Richmond
No. 15 University of Richmond

Richmond, Va.

Tuition & Fees: $43,170
Room & Board: $9,250
Books & Supplies: $1,050
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $53,470

Average Financial Aid Package: $38,477
Freshman Aid Applicants Receiving Need-Based Assistance: 81 percent

No. 16 Dickinson College
No. 16 Dickinson College

Carlisle, Pa.

Tuition & Fees: $43,085
Room & Board: $10,800
Books & Supplies: $1,000
Estimated Personal Expenses: $1,200
Transportation: $300

Total Annual Expenses: $56,385

Average Financial Aid Package: $34,695
Freshman Aid Applicants Receiving Need-Based Assistance: 87 percent

No. 17 Bard College at Simon's Rock
No. 17 Bard College at Simon's Rock

Great Barrington, Mass.

Tuition & Fees: $43,000
Room & Board: $11,960
Books & Supplies: $1,000
Estimated Personal Expenses: $640
Transportation: $1,000

Total Annual Expenses: $57,600

Average Financial Aid Package: $33,336
Freshman Aid Applicants Receiving Need-Based Assistance: 88 percent

No. 18 Dartmouth College
No. 18 Dartmouth College

Hanover, N.H.

Tuition & Fees: $42,996
Room & Board: $12,369
Books & Supplies: $1,618
Estimated Personal Expenses: $1,381
Transportation: $775

Total Annual Expenses: $59,139

Average Financial Aid Package: $40,433
Freshman Aid Applicants Receiving Need-Based Assistance: 83 percent

No. 19 Tufts University
No. 19 Tufts University

Medford, Mass.

Tuition & Fees: $42,962
Room & Board: $11,512
Books & Supplies: $2,134
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $56,608

Average Financial Aid Package: $32,843
Freshman Aid Applicants Receiving Need-Based Assistance: 77 percent

No. 20 Occidental College
No. 20 Occidental College

Los Angeles

Tuition & Fees: $42,960
Room & Board: $11,990
Books & Supplies: $1,180
Estimated Personal Expenses: $1,440
Transportation: $862

Total Annual Expenses: $58,432

Average Financial Aid Package: $33,612
Freshman Aid Applicants Receiving Need-Based Assistance: 80 percent

Photographer: Kirby Lee/Getty Images

No. 21 Carleton College
No. 21 Carleton College

Northfield, Minn.

Tuition & Fees: $42,942
Room & Board: $11,238
Books & Supplies: $730
Estimated Personal Expenses: $727
Transportation: $700

Total Annual Expenses: $56,337

Average Financial Aid Package: $33,708
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 22 Colgate University
No. 22 Colgate University

Hamilton, N.Y.

Tuition & Fees: $42,920
Room & Board: $10,650
Books & Supplies: NA
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $53,570

Average Financial Aid Package: $39,896
Freshman Aid Applicants Receiving Need-Based Assistance: 85 percent

No. 23 Hobart and William Smith Colleges
No. 23 Hobart and William Smith Colleges

Geneva, N.Y.

Tuition & Fees: $42,915
Room & Board: $10,853
Books & Supplies: $1,000
Estimated Personal Expenses: $600
Transportation: $210

Total Annual Expenses: $55,578

Average Financial Aid Package: $31,015
Freshman Aid Applicants Receiving Need-Based Assistance: 80 percent

No. 24 Amherst College
No. 24 Amherst College

Amherst, Mass.

Tuition & Fees: $42,898
Room & Board: $11,200
Books & Supplies: $1,000
Estimated Personal Expenses: $1,800
Transportation: $600

Total Annual Expenses: $57,498

Average Financial Aid Package: $40,441
Freshman Aid Applicants Receiving Need-Based Assistance: 87 percent

No. 25 Hampshire College
No. 25 Hampshire College

Amherst, Mass.

Tuition & Fees: $42,880
Room & Board: $11,180
Books & Supplies: $700
Estimated Personal Expenses: $700
Transportation: NA

Total Annual Expenses: $55,460

Average Financial Aid Package: $36,740
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 26 University of Southern California
No. 26 University of Southern California

Los Angeles

Tuition & Fees: $42,818
Room & Board: $12,078
Books & Supplies: $1,500
Estimated Personal Expenses: $896
Transportation: $580

Total Annual Expenses: $57,872

Average Financial Aid Package: $36,291
Freshman Aid Applicants Receiving Need-Based Assistance: 60 percent

No. 27 Bowdoin College
No. 27 Bowdoin College

Brunswick, Maine

Tuition & Fees: $42,816
Room & Board: $11,654
Books & Supplies: $820
Estimated Personal Expenses: $1,250
Transportation: NA

Total Annual Expenses: $55,540

Average Financial Aid Package: $35,470
Freshman Aid Applicants Receiving Need-Based Assistance: 73 percent

No. 28 (tie) Reed College
No. 28 (tie) Reed College

Portland, Ore.

Tuition & Fees: $42,800
Room & Board: $11,050
Books & Supplies: $950
Estimated Personal Expenses: $900
Transportation: NA

Total Annual Expenses: $55,700

Average Financial Aid Package: $34,856
Freshman Aid Applicants Receiving Need-Based Assistance: 81 percent

No. 28 (tie) Bennington College
No. 28 (tie) Bennington College

Bennington, Vt.

Tuition & Fees: $42,800
Room & Board: $12,160
Books & Supplies: $800
Estimated Personal Expenses: $2,100
Transportation: $450

Total Annual Expenses: $58,310

Average Financial Aid Package: $34,719
Freshman Aid Applicants Receiving Need-Based Assistance: 80 percent

No. 30 University of Chicago
No. 30 University of Chicago

Chicago

Tuition & Fees: $42,783
Room & Board: $12,633
Books & Supplies: $1,050
Estimated Personal Expenses: $1,919
Transportation: NA

Total Annual Expenses: $58,385

Average Financial Aid Package: $36,740
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 31 Johns Hopkins University
No. 31 Johns Hopkins University

Baltimore

Tuition & Fees: $42,780
Room & Board: $12,962
Books & Supplies: NA
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $55,742

Average Financial Aid Package: $33,193
Freshman Aid Applicants Receiving Need-Based Assistance: 80 percent

No. 32 St. Lawrence University
No. 32 St. Lawrence University

Canton, N.Y.

Tuition & Fees: $42,735
Room & Board: $11,005
Books & Supplies: NA
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $53,740

Average Financial Aid Package: $37,509
Freshman Aid Applicants Receiving Need-Based Assistance: 88 percent

Photographer: Lance Wheeler/AP Photo

No. 33 Rensselaer Polytechnic Institute
No. 33 Rensselaer Polytechnic Institute

Troy, N.Y.

Tuition & Fees: $42,704
Room & Board: $11,975
Books & Supplies: $2,500
Estimated Personal Expenses: NA
Transportation: NA

Total Annual Expenses: $57,179

Average Financial Aid Package: $34,430
Freshman Aid Applicants Receiving Need-Based Assistance: 86 percent

No. 34 Hamilton College
No. 34 Hamilton College

Clinton, N.Y.

Tuition & Fees: $42,640
Room & Board: $10,830
Books & Supplies: $1,300
Estimated Personal Expenses: $1,000
Transportation: $1,500

Total Annual Expenses: $57,270

Average Financial Aid Package: $38,222
Freshman Aid Applicants Receiving Need-Based Assistance: 83 percent

No. 35 Kenyon College
No. 35 Kenyon College

Gambier, Ohio

Tuition & Fees: $42,630
Room & Board: $10,020
Books & Supplies: $1,800
Estimated Personal Expenses: NA
Transportation: $1,450

Total Annual Expenses: $55,900

Average Financial Aid Package: $30,623
Freshman Aid Applicants Receiving Need-Based Assistance: 76 percent

Photographer: Taro Yamasaki/Time Life Pictures/Getty Images

No. 36 (tie) Gettysburg College
No. 36 (tie) Gettysburg College

Gettysburg, Pa.

Tuition & Fees: $42,610
Room & Board: $10,180
Books & Supplies: $1,100
Estimated Personal Expenses: NA
Transportation: $1,100

Total Annual Expenses: $54,990

Average Financial Aid Package: $33,937
Freshman Aid Applicants Receiving Need-Based Assistance: NA

Gettysburg #9 Hannah Church runs around Bowdoin #15 Emily French during the Division III Women's Lacrosse Championship held at Motamed Field on the Adelphi University campus in Garden City, NY. Gettysburg College defeated Bowdoin College 16-5 to win their national title, May 22, 2011. Photographer: John Munson/AP Photo

No. 36 (tie) Franklin & Marshall College
No. 36 (tie) Franklin & Marshall College

Lancaster, Pa.

Tuition & Fees: $42,610
Room & Board: $11,500
Books & Supplies: $1,200
Estimated Personal Expenses: $1,270
Transportation: NA

Total Annual Expenses: $56,580

Average Financial Aid Package: $35,253
Freshman Aid Applicants Receiving Need-Based Assistance: 76 percent

No. 38 Pitzer College
No. 38 Pitzer College

Claremont, Calif.

Tuition & Fees: $42,550
Room & Board: $12,438
Books & Supplies: $1,000
Estimated Personal Expenses: $1,000
Transportation: NA

Total Annual Expenses: $56,988

Average Financial Aid Package: $39,076
Freshman Aid Applicants Receiving Need-Based Assistance: 71 percent

No. 39 Harvey Mudd College
No. 39 Harvey Mudd College

Claremont, Calif.

Tuition & Fees: $42,410
Room & Board: $13,858
Books & Supplies: $800
Estimated Personal Expenses: $900
Transportation: NA

Total Annual Expenses: $57,968

Average Financial Aid Package: $36,740
Freshman Aid Applicants Receiving Need-Based Assistance: 84 percent

No. 40 Skidmore College
No. 40 Skidmore College

Saratoga Springs, N.Y.

Tuition & Fees: $42,380
Room & Board: $11,304
Books & Supplies: $1,300
Estimated Personal Expenses: $1,216
Transportation: $300

Total Annual Expenses: $56,500

Average Financial Aid Package: $34,915
Freshman Aid Applicants Receiving Need-Based Assistance: 86 percent

No. 41 Stevens Institute of Technology
No. 41 Stevens Institute of Technology

Hoboken, N.J.

Tuition & Fees: $42,376
Room & Board: $12,900
Books & Supplies: $900
Estimated Personal Expenses: $750
Transportation: NA

Total Annual Expenses: $56,926

Average Financial Aid Package: NA
Freshman Aid Applicants Receiving Need-Based Assistance: NA

Photographer: Joe Epstein/AP Photo

No. 42 Eastman School of Music, University of Rochester
No. 42 Eastman School of Music, University of Rochester

Rochester, N.Y.

Tuition & Fees: $42,291
Room & Board: $12,330
Books & Supplies: $650
Estimated Personal Expenses: $1,500
Transportation: NA

Total Annual Expenses: $56,771

Average Financial Aid Package: NA
Freshman Aid Applicants Receiving Need-Based Assistance: NA

No. 43 Claremont McKenna College
No. 43 Claremont McKenna College

Claremont, Calif.

Tuition & Fees: $42,240
Room & Board: $13,625
Books & Supplies: $1,000
Estimated Personal Expenses: $1,000
Transportation: NA

Total Annual Expenses: $57,865

Average Financial Aid Package: $35,419
Freshman Aid Applicants Receiving Need-Based Assistance: 97 percent

No. 44 Brown University
No. 44 Brown University

Providence

Tuition & Fees: $42,230
Room & Board: $10,906
Books & Supplies: $2,902
Estimated Personal Expenses: $1,636
Transportation: $300

Total Annual Expenses: $57,974

Average Financial Aid Package: $37,355
Freshman Aid Applicants Receiving Need-Based Assistance: 91 percent

Photographer: Stew Milne/AP Photo

No. 45 Haverford College
No. 45 Haverford College

Haverford, Pa.

Tuition & Fees: $42,208
Room & Board: $12,842
Books & Supplies: $1,194
Estimated Personal Expenses: $1,468
Transportation: NA

Total Annual Expenses: $57,712

Average Financial Aid Package: $36,749
Freshman Aid Applicants Receiving Need-Based Assistance: 86 percent

No. 46 Boston College
No. 46 Boston College

Chestnut Hill, Mass.

Tuition & Fees: $42,204
Room & Board: $12,875
Books & Supplies: $900
Estimated Personal Expenses: $1,000
Transportation: $200

Total Annual Expenses: $57,179

Average Financial Aid Package: $31,597
Freshman Aid Applicants Receiving Need-Based Assistance: 85 percent

No. 47 Barnard College
No. 47 Barnard College

New York

Tuition & Fees: $42,184
Room & Board: $13,382
Books & Supplies: $1,146
Estimated Personal Expenses: $1,366
Transportation: NA

Total Annual Expenses: $58,078

Average Financial Aid Package: $39,578
Freshman Aid Applicants Receiving Need-Based Assistance: 77 percent

No. 48 University of Pennsylvania
No. 48 University of Pennsylvania

Philadelphia

Tuition & Fees: $42,098
Room & Board: $11,878
Books & Supplies: $1,160
Estimated Personal Expenses: $2,224
Transportation: NA

Total Annual Expenses: $57,360

Average Financial Aid Package: $35,264
Freshman Aid Applicants Receiving Need-Based Assistance: 82 percent

No. 49 Brandeis University
No. 49 Brandeis University

Waltham, Mass.

Tuition & Fees: $42,060
Room & Board: $11,894
Books & Supplies: $1,000
Estimated Personal Expenses: $1,500
Transportation: NA

Total Annual Expenses: $56,454

Average Financial Aid Package: $33,646
Freshman Aid Applicants Receiving Need-Based Assistance: 78 percent

Photographer: Josh Reynolds/AP Photo

No. 50 Macalester College
No. 50 Macalester College

St. Paul, Minn.

Tuition & Fees: $42,021
Room & Board: $9,396
Books & Supplies: $990
Estimated Personal Expenses: $870
Transportation: NA

Total Annual Expenses: $53,277

Average Financial Aid Package: $33,891
Freshman Aid Applicants Receiving Need-Based Assistance: 91 percent