Franciscan Missionaries of Our Lady University

In 2010, tuition for full-time Franciscan Missionaries of Our Lady University students was $13,812 a year.

In 2023, tuition increased 3.01%–from $13,409 the prior year. On average, college tuition goes up about 3% every year.

If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college feel more doable until you're done with college.

The average financial aid package for a full-time, first-year student at Franciscan Missionaries of Our Lady University is around $6,513 a year.

The average student debt for graduates in the class of 2023 was around $12,019 per student, not including those with no debt.

Does Franciscan Missionaries of Our Lady University Offer In-State and Out-of-State Tuition?

Franciscan Missionaries of Our Lady University is a private, religious institution, which means it has the same tuition for students from Louisiana 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 those who qualify as Louisiana residents.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to confirm your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live in.

Explore other Louisiana colleges

Is Franciscan Missionaries of Our Lady University's Tuition Different for International Students?

Franciscan Missionaries of Our Lady 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 school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Franciscan Missionaries of Our Lady University:

•Franciscan Missionaries of Our Lady University-specific scholarships

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

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Franciscan Missionaries of Our Lady University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Franciscan Missionaries of Our Lady University.

Room and Board Costs at Franciscan Missionaries of Our Lady University

Franciscan Missionaries of Our Lady University does not provide on-campus housing for students, so there are no charge for dorms, however you should take into account the cost of off-campus housing when looking at the cost of various colleges.

Meal-plan costs can depend on how many meals are included in the plan you choose.

Cost of Books at Franciscan Missionaries of Our Lady 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 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.

Yearly Fees

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

There may be additional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The cost of transportation in college can really vary. 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 own a car, or will you need to use public transportation? All of these factors can make a big difference in your transportation budget.

A school's location 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 flip side, transportation in an urban area is usually costly, but there may be more buses, trains or low-cost flight options to actually get to school. The Franciscan Missionaries of Our Lady University campus is in a city in Louisiana, not far from New Orleans.

Other Costs

When budgeting for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Franciscan Missionaries of Our Lady University

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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 Franciscan Missionaries of Our Lady University.

Total Cost of Franciscan Missionaries of Our Lady University

What will the cost of attending Franciscan Missionaries of Our Lady University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$13,812

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

Total Estimated Costs
On-Campus	$16,138
Off-Campus	$21,328

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.

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Financial Aid at Franciscan Missionaries of Our Lady University

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The majority of Franciscan Missionaries of Our Lady University undergrads use financial aid to to cover the cost of tuition. In 2023, 524 of the 1,034 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $6,513 a year. Around 78% of Franciscan Missionaries of Our Lady University undergrads take out student loans to cover any remaining costs. Franciscan Missionaries of Our Lady University graduates who have student loans graduate with an average of $12,019 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$12,019
Private Loans	$0

Most Common Loans for Franciscan Missionaries of Our Lady University Students
Federal Loans	78%

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 Franciscan Missionaries of Our Lady University financial aid, keep reading, or visit their financial aid website.

Scholarships at Franciscan Missionaries of Our Lady 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, Franciscan Missionaries of Our Lady University awarded 445 need-based scholarships to students, giving away total of $3.1 million to help students with financial need cover the cost of school.

Franciscan Missionaries of Our Lady 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 Franciscan Missionaries of Our Lady 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 Franciscan Missionaries of Our Lady University was $6,513 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Franciscan Missionaries of Our Lady University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$9,625
Off-Campus	$14,815

What will attending Franciscan Missionaries of Our Lady 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 Franciscan Missionaries of Our Lady University's net cost calculator on their website.

Franciscan Missionaries of Our Lady University Tuition Payment Plans

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

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

Franciscan Missionaries of Our Lady University 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.

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

Franciscan Missionaries of Our Lady 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.

For more information about Franciscan Missionaries of Our Lady University's endowment, check with the school directly.

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Learn More About Franciscan Missionaries of Our Lady University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

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