University of Mount Olive

In 2017, tuition for full-time students at University of Mount Olive was $23,591 a year.

In 2023, tuition increased 9.13%–from $21,618 the previous year. Usually, college tuition rises about 3% year.

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 sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college more manageable until you've finishing school and found a job.

University of Mount Olive meets 67% of the demonstrated financial need for undergraduates. First-year students that attend University of Mount Olive full-time are awarded $15,947 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $32,227 in student loans per borrower.

Does University of Mount Olive Offer In-State and Out-of-State Tuition?

University of Mount Olive is a private, religious institution, so it has the same tuition for students from North Carolina as it does for students who live in other states.

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

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to verify your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 as well, depending on the state you and your parents currently reside in.

Explore other North Carolina colleges

Do International Students Pay More to Go to University of Mount Olive?

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

International students are not eligible for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at University of Mount Olive:

•Loans from outsideUniversity of Mount Olive •Athletic Awards •University of Mount Olive-specific scholarships •International Students Tuition Waivers

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

---

University of Mount Olive Room, Board, Fees, and More

---

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 University of Mount Olive.

Room and Board Costs at University of Mount Olive

Housing and campus dining at University of Mount Olive costs $9,983 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the University of Mount Olive's on-campus cafeterias and dining halls.

Board costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at University of Mount Olive

The cost of books often surprises first-year college students. The actual 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 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. Many schools offer resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at University of Mount Olive

The cost of getting around 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 own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

Where are a college is located can impact 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 getting around in an urban area may be costly, but cities may offer more buses, trains and affordable flights to actually get to school. University of Mount Oliveis located in a town in North Carolina, not far from Raleigh.

Other Costs

When creating a budget for college, be sure to leave some room in your budget for 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 University of Mount Olive

---

Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for University of Mount Olive.

How Much Does University of Mount Olive Cost?

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

2023 Total Tuition and Expenses
Tuition	$23,591
Room and Board	$9,983

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

Total Estimated Costs
On-Campus	$34,074
Off-Campus	$24,091

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.

---

University of Mount Olive Financial Aid

---

In 2023, 1,127 of the 2,350 undergrads enrolled received financial aid. University of Mount Olive meets 67% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $15,947 a year. Around 78% of University of Mount Olive undergrads take out student loans to cover any remaining costs. University of Mount Olive graduates who have student loans graduate with an average of $32,227 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$31,305
Private Loans	$13,704

Most Common Loans for University of Mount Olive Students
Federal Loans	78%
Private loans	6%

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 University of Mount Olive financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Mount Olive

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, University of Mount Olive awarded 1,042 need-based scholarships to students, giving away total of $15.7 million to help students with financial need cover the cost of school. An additional $2.31 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of Mount Olive

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 University of Mount Olive 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 University of Mount Olive was $15,947 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Mount Olive seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$18,127
Off-Campus	$8,144

What will attending University of Mount Olive 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 University of Mount Olive's net cost calculator on their website.

University of Mount Olive Tuition Payment Plans

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

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

Does University of Mount Olive Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. 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.

University of Mount Olive has some full or partial tuition waivers available for: - International Students

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

University of Mount Olive'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 University of Mount Olive's endowment, check with the school directly.

---

Learn More About University of Mount Olive

---

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

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about University of Mount Olive