₹55.2 L/Yr
Washington College Bachelor of Science (BS) Economics is a four-year, full-time, on-campus degree in Chestertown, Maryland. The programme has no fixed grade point average (GPA) minimum and charges US$58,704 (INR 56.03 Lakhs) in annual tuition and fees for 2026-2027. Required first-year student health insurance adds US$3,726 (INR 3.56 Lakhs).
Washington College reports a competitive benchmark of 3.0 GPA on 4.0. That equals approximately 75% to 80% or CGPA (cumulative grade point average) 7.5 to 8.0 on 10 for Indian planning. This CGPA range is an approximate planning aid, not a university conversion, and Fall 2026 applications remain open. The major combines economic theory, data analysis, quantitative reasoning and a Senior Capstone Experience. A thesis or comprehensive-exam option suits research-minded applicants, while the liberal-arts setting demands mathematics, statistics and independent work.
- Microeconomic and macroeconomic sequences begin in the first year and progress to intermediate theory.
- ECN 215 Data Analysis I fulfills the major’s writing requirement while building evidence-handling skills.
- Economics majors can combine the major with data analytics, international economics, finance or pre-law-related study.
Current Admission Status
Applications for the Fall 2026 intake are Open. International student deadline: 15 February 2026 for regular decision, and Washington College states that Fall 2026 applications are still being accepted.
Because the regular deadline has passed, Indian applicants should submit a complete application and confirm document and visa timing with the admissions office.
Also Check: Washington College Economics Admission
Washington College Economics Fees and Living Costs 2026
Washington College publishes a 2026-2027 full-time tuition rate for 12 to 20 credits, plus required student charges and a first-semester orientation fee. The 2026-2027 cost-of-attendance page separates tuition, housing, food and indirect costs, which lets Indian applicants build a realistic first-year budget.
The new-student tuition-and-fees total is US$58,704 (INR 56.03 Lakhs), while the required student health insurance premium is billed separately. The fee table therefore distinguishes academic charges from insurance before showing the living-cost calculation.
| 2026-2027 fee item | USD | INR |
|---|---|---|
| Annual tuition for 12 to 20 credits | US$56,430 | INR 53.86 Lakhs |
| Student service fee | US$846 | INR 80,745 |
| Student health fee | US$532 | INR 50,776 |
| Recreation fee | US$108 | INR 10,308 |
| Technology fee | US$266 | INR 25,388 |
| New-student fall orientation fee | US$522 | INR 49,822 |
| New-student tuition and fees total | US$58,704 | INR 56.03 Lakhs |
| Required 2026-2027 student health insurance | US$3,726 | INR 3.56 Lakhs |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.4438 as of 17 August 2026. Rates fluctuate daily, verify before applying.
Source: Washington College 2026-2027 billing, cost-of-attendance and health-insurance pages.
- The tuition rate covers 12 to 20 credits, so the standard full-time load fits within the listed annual charge.
- The first-year total includes a US$522 (INR 49,822) orientation fee, while returning students have a published tuition-and-fees total of US$58,182 (INR 55.53 Lakhs).
- The annual insurance premium is separate from the cost-of-attendance tuition-and-fees line and can be waived only with comparable coverage accepted by the college.
Cost of Living in Chestertown for Economics Students
For a new student living on campus, Washington College lists housing, food, transportation, personal expenses and academic materials separately. The monthly figures below are calculated by dividing the official annual estimates by 12, while the annual figures remain the source values.
Chestertown is a residential setting, and the college’s on-campus budget includes a platinum meal plan. Indian applicants should therefore budget the housing and food lines together rather than treating the published room figure as a complete living estimate.
| Expense | Annual (USD) | Annual (INR) | Monthly (USD) | Monthly (INR) |
|---|---|---|---|---|
| Housing, average room cost | US$9,350 | INR 8.92 Lakhs | US$779 | INR 74,367 |
| Food, platinum meal plan | US$9,232 | INR 8.81 Lakhs | US$769 | INR 73,428 |
| Transportation | US$1,192 | INR 1.14 Lakhs | US$99 | INR 9,481 |
| Personal expenses | US$1,960 | INR 1.87 Lakhs | US$163 | INR 15,589 |
| Books, course materials, supplies and equipment | US$938 | INR 89,526 | US$78 | INR 7,461 |
| Books | US$66 | INR 6,299 | US$6 | INR 525 |
| Total listed non-tuition costs | US$22,738 | INR 21.70 Lakhs | US$1,895 | INR 1.81 Lakhs |
Source: Washington College Cost of Attendance 2026-2027.
Washington College’s new-student on-campus cost of attendance is US$81,442 (INR 77.73 Lakhs) before the separate insurance premium. Adding required insurance produces a calculated first-year planning total of US$85,168 (INR 81.29 Lakhs).
Holding 2026-2027 costs flat and using the published returning-student cost for three years produces a calculated four-year total of US$341,338 (INR 3.26 Crore). The calculation includes four insurance premiums and is a planning illustration, not a guaranteed bill.
Read More: USA Living Costs for International Students
Budget note
The published US$81,442 (INR 77.73 Lakhs) first-year on-campus cost excludes US$3,726 (INR 3.56 Lakhs) insurance. Include both when checking funding coverage.
Key insight: Washington College’s 2026-2027 first-year on-campus planning cost is US$85,168 (INR 81.29 Lakhs) after required insurance. Confirm that the award letter covers tuition, living costs and the premium.
Washington College Economics Admission 2026
Washington College does not publish a formal minimum GPA for first-year admission. Its current first-year page says competitive applicants typically have at least 3.0 GPA on 4.0. That is approximately 75% to 80% or CGPA 7.5 to 8.0 on 10 for Indian planning.
The admissions review also considers academic rigor, extracurricular involvement, recommendations and the personal essay. For Economics, applicants should show comfort with quantitative reasoning because the major progresses from principles to intermediate theory and data analysis.
| Admission factor | Published Washington College position | Indian applicant meaning |
|---|---|---|
| Academic threshold | No formal minimum GPA is published | Use the 3.0 on 4.0 competitive benchmark as approximate planning guidance |
| Competitive GPA benchmark | Typically 3.0 GPA or higher on 4.0 | Approximately 75% to 80% or CGPA 7.5 to 8.0 on 10 |
| Academic preparation | Rigorous course load, including regular, honors, Advanced Placement, International Baccalaureate or dual-enrollment work | Submit a clear school transcript and explain board or curriculum context |
| Standardized testing | SAT or ACT scores, or a test-optional form | India is listed for discretionary test-optional consideration when cumulative GPA is at least 3.5 on 4.0 |
| Required first-year documents | Application, secondary-school transcript and exam results, recommendation and personal essay | Keep certified academic records and translated documents ready if requested |
No programme-specific ranking is published in the checked official sources, so curriculum evidence and student-level outcomes are more useful for this major.
- The 3.0 GPA benchmark is a competitive planning signal rather than a formal admission cutoff.
- A 3.5 GPA on 4.0 is approximately 85% to 90% or CGPA 8.5 to 9.0 on 10, but test-optional consideration remains discretionary.
- The 42 to 44 economics credits include principles, intermediate theory, data analysis and a senior capstone, so mathematics and statistics preparation should be visible in the application.
English Language Proficiency and Test Scores
IELTS means International English Language Testing System, and the university requires an overall score of 6.5. TOEFL means Test of English as a Foreign Language, and the current page lists both the old score and the revised score.
PTE means Pearson Test of English, while DET means Duolingo English Test. Washington College also accepts Cambridge English and Oxford Test of English scores. The university also accepts SAT (Scholastic Assessment Test) or ACT (American College Testing) scores in place of these proficiency exams.
| English route | Minimum score | Indian applicant action |
|---|---|---|
| Old TOEFL | 90 | Use only if the testing record matches the university’s old-scale wording |
| New TOEFL | 4.5 | Follow the current university wording and verify component requirements before sending scores |
| IELTS | 6.5 | Prepare for the overall threshold and confirm whether your test report remains valid |
| Cambridge English B2 First, C1 Advanced or C2 Proficiency | 176 | Use the accepted Cambridge examination named by the university |
| Duolingo English Test | 115 | Choose this route only after confirming availability and score-reporting timelines |
| Oxford Test of English | 130 | Confirm the accepted test version before booking |
| PTE | 53 | Send the official score report through the testing service |
Source: Washington College International Students admission page.
- Washington College lists the new TOEFL score as 4.5 and does not publish component minimums on the checked page.
- Indian applicants with a cumulative GPA of at least 3.5 on 4.0 may request test-optional consideration, subject to the admissions counselor’s discretion.
- Applicants who use the test-optional form should still submit strong academic evidence because Economics has a quantitative and research-oriented course sequence.
The curriculum requires ECN 215 Data Analysis I and a Senior Capstone Experience completed through a thesis or comprehensive examinations. This structure is a good fit for applicants who want economics to support finance, consulting, policy, research or graduate study.
Read More: Washington College Economics Programs
English-score note
The current policy recognises the revised TOEFL scale but gives no subscore thresholds, so verify the score report format with admissions before relying on a test-optional decision.
Tip for Indian students: Use the 3.0 GPA benchmark and 6.5 IELTS threshold for planning. Strengthen the application with quantitative coursework and a clear reason for choosing Economics.
Washington College Economics Application 2026
Fall 2026 applications remain open even though the published regular-decision date was 15 February 2026. Indian applicants should submit immediately, then ask admissions to confirm the late-review process and remaining document dates.
Washington College accepts its application or the Common Application without an application fee for 2026-2027. The required file includes the application, secondary-school transcript and exam results, recommendation, personal essay and international financial-assistance form.
Published current and next-cycle timing appears below. The admissions page does not publish a deadline time or timezone. The portal cutoff controls, so an exact IST conversion is unavailable.
| Application stage | International deadline | Decision timing or current action |
|---|---|---|
| Fall 2026 regular decision | 15 February 2026 | Fall 2026 applications are still being accepted; confirm late review |
| Spring 2027 decision | 15 November 2026 | Use this as the next published intake option if Fall 2026 timing is unsuitable |
After admission, the college requires a US$350 (INR 33,405) enrollment deposit and a US$300 (INR 28,633) security deposit. International students must also submit the Form I-20 financial documents, passport and bank evidence before visa processing.
- Submit the complete academic and financial file together because late review leaves less time to resolve transcript or recommendation gaps.
- Use the test-optional form only after discussing the choice with the assigned counselor, since India-based eligibility is discretionary.
- Ask for written confirmation that Fall 2026 documents will be reviewed and keep Spring 2027 as the published alternative.
Application tip: The open late-review window is useful only if your transcript, recommendations and financial documents are ready, so request written confirmation before submitting.
Washington College Economics Scholarships 2026
The main current funding route for an international Economics applicant is automatic merit consideration, not a guaranteed full-tuition award. Washington College lists the Colin Ferguson Tuition Grant at US$33,000 to US$38,000 (INR 31.50 to 36.27 Lakhs) annually for qualifying international students.
The college also publishes invitation-based and interest-based awards. The official scholarship and fellowship page gives the award mechanics, while the table identifies the target-cycle route and its published timing.
Fall 2026 scholarship timing: the named priority dates below have passed for the current late-application cycle. Ask admissions whether any late consideration remains before treating an award as available.
| Named award | Published value (USD) | Published value (INR) | Eligibility and route | Fall 2026 timing |
|---|---|---|---|---|
| Colin Ferguson Tuition Grant | US$33,000 to US$38,000 per year | INR 31.50 to 36.27 Lakhs | Automatic consideration for qualifying admitted international applicants | Current published award route; confirm late-cycle availability |
| Presidential Fellows Scholarship | US$5,000 per year | INR 4.77 Lakhs | Invitation-based award for selected high-merit applicants | Priority application date was 1 December 2025 |
| George Washington Signature Scholarship | Full tuition | Full tuition | Five awards per incoming class through the Presidential Fellows invitation route | Check invitation status with admissions |
| Honors Fellowships | US$1,500 to US$5,000 per year | INR 1.43 to 4.77 Lakhs | Separate application after admission for eligible first-year students | Priority application date was 1 December 2025 |
| Cincinnatus Scholarship | US$2,500 per year | INR 2.39 Lakhs | Admitted first-year applicants with a relevant interest in religion, history or cultural and political life | Published deadline was 15 February 2026 |
International merit awards are renewable under published conditions, including a 2.0 CGPA on 4.0. For Indian planning, that is approximately 50% to 55% or CGPA 5.0 to 5.5 on 10. The full-tuition award has no published numeric amount, so do not use it in a budget until Washington College confirms the written offer.
- Automatic merit consideration requires no separate scholarship form, which makes the complete admission application the key funding document.
- The 2.0 CGPA renewal condition is a continuation requirement rather than an admission benchmark, so plan for steady performance after enrollment.
- Because the named Fall 2026 priority dates have passed, request a written award amount before subtracting any scholarship from the calculated cost.
Also Check: USA Scholarships for Indian Students
Funding reality
The automatic US$33,000 to US$38,000 (INR 31.50 to 36.27 Lakhs) route is material. A late Fall 2026 applicant should verify eligibility and renewal terms in writing.
Scholarship reality: The published automatic grant can reduce the annual charge substantially. Late-cycle applicants should not treat it or an invitation award as confirmed until the offer letter states the amount.
Washington College Economics Salary 2026
Washington College does not publish a course-specific salary report for Economics. Its latest major-level First Destinations report covers the Class of 2024, while the school-wide figures provide broader employment context.
The Economics summary includes 12 respondents, with 9 employed, 2 continuing education outcomes and 1 law-school outcome. Because the major sample is small, it shows reported destinations rather than a placement probability or guaranteed salary.
| Evidence scope | Published cohort | Reported result |
|---|---|---|
| Economics major | Class of 2024, 12 respondents | 9 employed, 2 continuing education and 1 law-school outcome |
| Washington College, school level | Class of 2024, 209 graduates | 201 responses, 96% knowledge rate and 95% employed or continuing education |
| Washington College, school level | Class of 2024 | 75% employed and 20% in advanced study |
| Employment connection | Class of 2024 employed respondents | 33% reported alumni, career-center, faculty, staff or internship connections |
| Employment geography | Class of 2024 employed respondents | 44% of positions were in Maryland, including Washington, District of Columbia |
The Economics report names analyst, financial analyst, data analyst, accounting and banking destinations at employers including JPMorgan Chase, Mathematica, Morgan Stanley, PNC Bank, SEI, Stifel, T. Rowe Price and Wells Fargo.
Those employer entries prove reported employment access, not recruiting volume or typical outcomes. Individual alumni examples in economics and finance show possible pathways, but they should not be used as expected salary evidence.
External Salary Benchmarks for Economics Roles
The following figures are external US market benchmarks from the Bureau of Labor Statistics, not Washington College graduate salaries. They help compare role economics, but education requirements and location can change the result.
| Occupation benchmark | Published measure | USD | INR |
|---|---|---|---|
| Economists | Median pay, May 2024 | US$115,440 | INR 1.10 Crore |
| Financial and investment analysts | Median pay, May 2024 | US$101,350 | INR 96.73 Lakhs |
| Market research analysts | Median pay, May 2024 | US$76,950 | INR 73.44 Lakhs |
| Accountants and auditors | Median pay, May 2024 | US$81,680 | INR 77.96 Lakhs |
Source: Washington College Class of 2024 First Destinations report and US Bureau of Labor Statistics Occupational Outlook Handbook, May 2024 medians.
Take-home pay will vary with federal, state and local taxes, plus benefits, so use the Internal Revenue Service tax withholding estimator before comparing net-pay offers.
ROI for Indian Applicants
The calculated four-year planning total is US$341,338 (INR 3.26 Crore) before price changes, so the career case depends on funding, internships and the work-authorisation window.
- The Economics report has 12 respondents, so use its 9 employment outcomes to plan internships and data skills rather than infer a placement probability.
- The four-year cost illustration is US$341,338 (INR 3.26 Crore) before price changes, so secure the written award before paying deposits.
- External analyst and economist medians are market benchmarks, not graduate salaries, so match each target role with its education requirement and location.
- Optional Practical Training (OPT) initially lasts 12 months; the degree’s STEM (science, technology, engineering and mathematics) eligibility is unverified, so ask the designated school official before assuming 36 months.
- The report’s employment geography is concentrated partly in Maryland including Washington, District of Columbia, so price both host-country and India-return pathways before enrolment.
ROI reality: The course has reported economics destinations but no published course salary, so treat internships, confirmed funding and verified work authorisation as the main financial decision points.
USA Visa for Washington College Economics Students 2026
Washington College Economics students normally use the F-1 (academic student) visa route for this full-time degree. The current US student-visa guidance lists a US$185 (INR 17,657) visa application fee. The I-901 SEVIS (Student and Exchange Visitor Information System) fee is US$350 (INR 33,405) for F students. After admission, the college issues Form I-20 after receiving the enrollment deposit and financial documents. A CIP (Classification of Instructional Programs) code identifies the degree field for federal reporting. Optional Practical Training (OPT) is the post-completion work period for eligible F-1 students.
- The initial post-completion OPT period is 12 months, while a 24-month STEM extension requires the degree’s CIP code and school confirmation, so Economics eligibility is unverified.
- H-1B (specialty-occupation work visa) sponsorship has no single course threshold because the employer must meet the higher of actual and prevailing wage, so confirm the role’s wage basis.
- Employment-based permanent residence has no fixed Washington College timeline because priority dates, annual limits and India chargeability can delay the process.
- F-2 (dependent) status can cover a spouse and unmarried minor children, but F-2 dependents cannot work in the United States.
Check Out: USA F-1 Student Visa Requirements
Read More: USA Post-Study Work Options
Visa reality: The initial OPT window is limited and the Economics STEM extension is unverified. Confirm the degree classification with the designated school official before treating US employment as a funding assumption.
Washington College Economics fits an Indian applicant seeking a four-year, on-campus degree that joins economic theory, data analysis and a thesis-or-exams capstone. The small Economics cohort and reported finance, analysis, accounting, advanced-study and law destinations suit applicants who will build quantitative evidence through internships. The material tradeoff is the calculated four-year planning total of US$341,338 (INR 3.26 Crore) before price changes, while late-cycle scholarship availability is uncertain. Confirm Fall 2026 late-review acceptance, written funding and the degree’s STEM classification before paying the US$350 (INR 33,405) enrollment deposit.
Washington College Economics FAQs
Ques. What is the current Fall 2026 application status for Washington College Economics?
Ans. Applications remain open despite the 15 February regular-decision date, so submit a complete file and ask admissions to confirm late review.
Ques. What GPA and English score should an Indian applicant plan for?
Ans. Plan around 3.0 GPA on 4.0, approximately 75% to 80% or CGPA 7.5 to 8.0 on 10, plus IELTS 6.5 unless an approved alternative applies.
Ques. What is the Washington College Economics first-year cost after insurance?
Ans. The calculated new-student on-campus total is US$85,168 (INR 81.29 Lakhs) after insurance, while the four-year planning illustration is US$341,338 (INR 3.26 Crore).
Ques. Can scholarships reduce the published tuition for Indian students?
Ans. The Colin Ferguson route lists US$33,000 to US$38,000 (INR 31.50 to 36.27 Lakhs) annually, but late applicants should verify availability and wait for a written award.
Ques. Does this Economics degree guarantee US employment or 36-month OPT?
Ans. No; the major report covers 12 respondents, initial OPT lasts 12 months and STEM extension eligibility is unverified, so ask the designated school official.
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|---|---|
| Tuition Fees | ₹5518148 (USD 56988) |
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| Housing & Food | ₹1751848 (USD 18092) |
| Transportation | ₹222903 (USD 2302) |
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