Central Methodist University

In 2021, tuition for full-time students at Central Methodist University was $27,080 a year.

In 2023, tuition increased 2.73%–from $26,360 the prior year. Usually, college tuition rises about 3% year.

If these numbers sound impossible, remember, the advertized cost of tuition does not mean much if you plan to use financial aid to help pay for college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until you've finishing school and found a job.

Central Methodist University meets 69.97% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Central Methodist University is around $28,883 a year.

Graduates in the class of 2023 had an average of $37,166 in student loans per borrower.

Central Methodist University: In-state vs. Out-of-State Tuition

Central Methodist University is a private, religious institution, which means it has the same tuition for residents of Missouri as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for students who are residents of that state.

Choosing a college where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the total cost of attending college. Take the time to check your state's eligibility criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.

Explore other Missouri colleges

Is Central Methodist University's Tuition Different for International Students?

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

Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or Central Methodist University-specific grants, scholarships, and other funding opportunities.

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

---

Central Methodist University Housing Expenses, Fees, and More

---

Tuition is not the only cost of attending college; 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 Central Methodist University.

House and Food Costs at Central Methodist University

Room and board at Central Methodist University costs $9,170 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Central Methodist University's on-campus cafeterias and dining halls.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Central Methodist University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources so that those who may struggle to participate because of cost can get help covering these costs.

Transportation costs

The cost of transportation 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 small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located 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 other hand transportation in an urban area could be costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. Central Methodist Universityis located in a town in Missouri.

Other Costs

When estimating your budget for college, don’t forget 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.

---

The Full Cost of Attending Central Methodist University

---

Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Central Methodist University.

Total Cost of Central Methodist University

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

2023 Total Tuition and Expenses
Tuition	$27,080
Room and Board	$9,170
Other expenses	$5,610

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

Total Estimated Costs
On-Campus	$42,640
Off-Campus	$33,470

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.

Central Methodist University’s tuition and fees change based on: •Course load for part-time students

---

Central Methodist University Financial Aid

---

The majority of Central Methodist University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,074 of the 1,080 undergrads enrolled received financial aid. Central Methodist University meets 69.97% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $28,883 a year. Around 59% of Central Methodist University undergrads take out student loans to cover any remaining costs. Central Methodist University graduates who have student loans graduate with an average of $37,166 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,495
Private Loans	$41,778

Most Common Loans for Central Methodist University Students
Federal Loans	58%
Private loans	16%

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 Central Methodist University financial aid, keep reading, or visit their financial aid website.

Scholarships at Central Methodist 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, Central Methodist University awarded 1,065 need-based scholarships to students, giving away total of $23.8 million to help students with financial need cover the cost of school. An additional $8.88 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Central Methodist 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 Central Methodist 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 Central Methodist University was $28,883 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Central Methodist University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$13,757
Off-Campus	$4,587

What will attending Central Methodist 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Central Methodist University's net cost calculator on their website.

Central Methodist University Tuition Payment Plans

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

Central Methodist University does not have guaranteed tuition.

Central Methodist University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Central Methodist University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. 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.

Central Methodist University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Central Methodist 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 2021, the total market value of Central Methodist University's endowment was $61.2 million. The average college endowment was $905 million in 2021. The school spends $6,616 for each full-time student enrolled.

---

Learn More About Central Methodist University

---

To learn more about Central Methodist University, choose from the options below:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about Central Methodist University in the College Confidential forums