Methodist College

$16,248 a year.

Tuition was the same price in 2023 as it was the year before. Usually, colleges raise tuition about 3% each year.

If these numbers feel scary, remember, the "sticker price" of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theprice of collegefeel more doable until you're done with college.

For information on Methodist College's financial aid options for first-year students, check with the school directly.

In-state vs. Out-of-state Tuition at Methodist College

Methodist College is a private, nonprofit institution, which means it has the same tuition for students from Illinois 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.

Choosing a college where you qualify for in-state tuition can save on the overall cost of college. Take the time to check your state's 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 additional requirements too, depending on where you live.

Explore other Illinois colleges

Tuition for International Students at Methodist College

Methodist College 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 qualify for private or Methodist College-specific aid and scholarships.

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Methodist College Living Expenses, Fees, and More

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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 Methodist College.

Room and Board Costs at Methodist College

Room and board at Methodist College costs $17,280 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining facilities. Students who do not live on-campus but still want to use the dining facilities can choose to be on a meal plan. The cost of a mean plan, or board-only, is $3,465.

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at Methodist College

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

Annual Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways for students with financial need to get help covering these fees.

Transportation costs

The total cost of getting around 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 plan to bring a car or will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car 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 is sometimes costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Methodist Collegeis located in a city in Illinois.

Other Costs

When budgeting for college, don’t forget to consider 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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Total Tuition and Expenses at Methodist College

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Methodist College.

How Much Does Methodist College Cost?

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

2023 Total Tuition and Expenses
Tuition	$16,248
Room and Board	$17,280
Board Only	$10,440
Other expenses	$7,440

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

Total Estimated Costs
On-Campus	$44,128
Off-Campus	$37,918

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.

Methodist College’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students

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Financial Aid at Methodist College

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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 Methodist College financial aid, keep reading, or visit their financial aid website.

Scholarships at Methodist College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Methodist College 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 Methodist College 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.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Methodist College seem more manageable.

What will attending Methodist College 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 Methodist College's net cost calculator on their website.

Methodist College Tuition Payment Plans

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

Methodist College does not have guaranteed tuition.

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

Does Methodist College Offer Tuition Waivers?

Schools sometimes waiver tuition for 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, students are usually responsible for housing, meal plans, and other expenses.

Methodist College 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.

Methodist College'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.

Methodist College's endowment was valued at $2.3 million in 2023, compared to a national average of $905 million. The school spends $11,248 for each full-time student enrolled.

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Learn More About Methodist College

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

Overview

Student Life

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