Assumption University

On average, colleges raise tuition about 3% each year.

If these numbers feel scary, remember, the advertized cost of tuition does not always mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

Assumption University meets 81.4% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Assumption University is around $38,194 a year.

The average student debt for graduates in the class of 2023 was around $36,015 per student, not including those with no debt.

Assumption University: In-state vs. Out-of-State Tuition

Assumption University is a private, religious institution, which means it has the same tuition for residents of Massachusetts as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you are eligible for in-state tuition can save on the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.

Explore other Massachusetts colleges

Is Assumption University's Tuition Different for International Students?

Assumption University has the same tuition for international students as for those from out of state.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or Assumption University-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Assumption University:

•On-campus jobs •Loans from outsideAssumption University •Athletic Awards •Assumption University-specific scholarships •International Students Tuition Waivers

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Assumption University Living Expenses, Fees, and More

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In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Assumption University.

Room and Board Costs at Assumption University

Board costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at Assumption University?

The cost of books often surprises first-year college students. The real cost of books and supplies 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.

Annual Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be optional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

The Cost of Transportation at Assumption University

The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your transportation budget. At Assumption University, freshman are not allowed to park on campus.

Where are a college is located can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city could be pricey, but there may be more trains, busses or affordable flights to actually get to school. Assumption Universityis located in a suburb in Massachusetts, near Boston.

Other Costs

When estimating your budget for college, be sure to leave some room in your budget for personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Financial Breakdown for Assumption University

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Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Assumption University.

Total Cost of Assumption University

What will the cost of attending Assumption University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

Assumption University’s tuition and fees change based on: •Course load for both full and part-time students

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Assumption University Financial Aid

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The majority of Assumption University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,249 of the 1,705 undergrads enrolled received financial aid. Assumption University meets 81.4% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $38,194 a year. Around 90% of Assumption University undergrads take out student loans to cover any remaining costs. Assumption University graduates who have student loans graduate with an average of $36,015 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,910
State Loans	$5,800
Private Loans	$42,315

Most Common Loans for Assumption University Students
Federal Loans	89%
State loans	2%
Private loans	28%

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 Assumption University financial aid, keep reading, or visit their financial aid website.

Scholarships at Assumption University

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, Assumption University awarded 1,245 need-based scholarships to students, giving away total of $34.3 million to help students with financial need cover the cost of school. An additional $11.62 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Assumption University Net Cost

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 Assumption 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 Assumption University was $38,194 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Assumption University seem more manageable.

What will attending Assumption 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 understand the actual cost of attending that school, based on their financial situation. You can find the Assumption University's net cost calculator on their website.

Assumption University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Assumption University does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Assumption University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Assumption 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.

Assumption University's Endowment

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.

As of 2022, the total market value of Assumption University's endowment was $108.2 million. The average college endowment was $905 million in 2021. For each full-time student, Assumption University spends about $9,865 a year.

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Learn More About Assumption University

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