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Colleges / McKendree University

McKendree University

Lebanon, IL 4-Year Private
Acceptance Rate78%

Mckendree University Tuition Information

In 2022, tuition for full-time students at Mckendree University was $32,020 a year.

In 2023, tuition increased 1.01%–from $31,700 the previous year. On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college feel more doable until you've finishing school and found a job.

McKendree University meets 75% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at McKendree University is around $27,727 a year.

The average student debt for graduates in the class of 2023 was around $25,766 per student, not including those with no debt.

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

McKendree University is a private, religious institution, so it has the same tuition for residents of Illinois as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to confirm your state's eligibility criteria for as an in-state resident. 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 additional requirements as well, depending on where you live.

Explore other Illinois colleges

Is McKendree University's Tuition Different for International Students?

Tuition at McKendree University is the same for each student.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at McKendree University:

•McKendree University-specific scholarships

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


McKendree University Living Expenses, Fees, and More


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 McKendree University.

Room and Board Costs at McKendree University

Housing and campus dining at McKendree University is $11,080 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 McKendree University's on-campus cafeterias and dining facilities.

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

Cost of Books at McKendree 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 also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get 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 make a big difference in your transportation budget. At McKendree University, freshman are allowed to park on campus.

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 other hand transportation in a city is usually costly, but there may be more trains, busses or affordable flights to actually get to school. The McKendree University campus is in a suburb in Illinois, near St. Louis and MO; Belleville.

Other Costs

When estimating your budget for college, be sure to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.


Total Tuition and Expenses at McKendree University


Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending McKendree University.

How Much Does McKendree University Cost?

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

2023 Total Tuition and Expenses
Tuition $32,020
Room and Board $11,080
Other expenses $1,630

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

Total Estimated Costs
On-Campus $47,140
Off-Campus $34,430

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.

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


McKendree University Financial Aid


The majority of McKendree University undergrads use financial aid to help pay for school. In 2023, 879 of the 1,455 undergrads enrolled received financial aid. McKendree University meets 75% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $27,727 a year. Around 65.4% of McKendree University undergrads take out student loans to cover any remaining costs. McKendree University graduates who have student loans graduate with an average of $25,766 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $21,847
Private Loans $22,077
Most Common Loans for McKendree University Students
Federal Loans 64%
Private loans 11.9%

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

Scholarships at McKendree 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, McKendree University awarded 870 need-based scholarships to students, giving away total of $4 million to help students with financial need cover the cost of school. An additional $18.92 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of McKendree University

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 McKendree 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 McKendree University was $27,727 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of McKendree University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $19,413
Off-Campus $6,703

What will attending McKendree 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 McKendree University's net cost calculator on their website.

McKendree University Tuition Payment Plans

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

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

Does McKendree University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Mckendree 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.

McKendree 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.

McKendree University's endowment was valued at $40 million in 2023, compared to a national average of $905 million. For each full-time student, McKendree University spends about $6,017 a year.


Learn More About McKendree University


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

Overview

Student Life

Academics

Admissions

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

Mckendree University Tuition & Fees

Tuition & Fees

$45,510

In State

$45,510

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$32,020
$32,020
Fees
$1,410
$1,410
Housing
$11,080
$11,080
Books
$1,000
$1,000

Mckendree University Financial Aid

Students Who Receive Need-Based Aid

69%

Average Financial Aid Package

$25,295

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,958

Campus Setting

Suburban

Acceptance Rate

78%

Tuition and Fees

In State

$33,430

Out-of-State

$33,430

Fall Freshmen
Application Deadline

Continuous processing
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