In 2022, tuition for full-time students at Asbury University was $33,072 a year.
Tuition increased 1.52% in 2023–from $32,578 the prior year. Usually, college tuition goes up about 3% every year.
If this information makes going to college feel scary, remember, the "sticker price" of tuition does not always tell the full story. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until you're done with college.
Asbury University meets 80.8% of the demonstrated financial need for undergraduates. First-year students that attend Asbury University full-time are awarded $29,772 a year in financial aid, on average.
The average student debt for graduates in the class of 2023 was around $36,181 per student, not including those with no debt.
Asbury University is a private, religious institution, so it has the same tuition for students from KY as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.
Tuition at Asbury University is the same for all students.
International students usually do not qualify for for loans or grants from the U.S. government, but should research private or Asbury University-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Asbury University:
•On-campus jobs •Loans from outsideAsbury University •Asbury University-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Asbury University.
Housing and campus dining at Asbury University is $9,616 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the Asbury University's on-campus cafeterias and dining halls.
Meal-plan costs may vary depending on the number of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources so that those with demonstrated need to find ways to lower or eliminate these fees.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. At Asbury University, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is usually costly, but cities may offer more buses, trains or affordable flights to actually get to school. The Asbury University campus is located in a suburb in KY, near Lexington.
When you're planning for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Asbury University.
What will the cost of attending Asbury University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $33,072 |
Room and Board | $9,616 |
Board Only | $6,158 |
Other expenses | $1,646 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $44,902 |
Off-Campus | $41,724 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Asbury University’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for full-time students
The majority of Asbury University undergrads use financial aid to help pay for school. In 2023, 739 of the 1,404 undergrads enrolled received financial aid. Asbury University meets 80.8% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $29,772 a year. Around 62.11% of Asbury University undergrads take out student loans to cover any remaining costs. Asbury University graduates who have student loans graduate with an average of $36,181 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $29,875 |
Asbury University-Specific Loans | $7,468 |
Private Loans | $25,160 |
Most Common Loans for Asbury University Students | |
---|---|
Federal Loans | 60.53% |
Institutional Loans | 4.21% |
Private loans | 14.74% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Asbury University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Asbury University awarded 739 need-based scholarships to students, giving away total of $16.3 million to help students with financial need cover the cost of school. An additional $7.61 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Asbury University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Asbury University was $29,772 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Asbury University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $15,130 |
Off-Campus | $11,952 |
What will attending Asbury University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Asbury University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Asbury University does not have guaranteed tuition.
Asbury University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Asbury University has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
Asbury University's endowment was valued at $71.1 million in 2023, compared to a national average of $905 million. For each full-time student, Asbury University spends about $10,659 a year.
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Tuition & Fees
$43,256
In State$43,256
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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