Anderson University

In 2022, tuition for full-time Anderson University students was $34,590 a year.

In 2023, tuition increased 4.6%–from $33,070 the prior year. Usually, college tuition goes up about 3% every year.

Remember, the "sticker price" of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theprice of collegefeel more doable until you're done with college.

Anderson University meets 85.9% of the demonstrated financial need for undergraduates. First-year students that attend Anderson University full-time are awarded $28,822 a year in financial aid, on average.

In-state vs. Out-of-state Tuition at Anderson University

Anderson University is a private, religious institution, which means it has the same tuition for students from Indiana as it does for residents from 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 are eligible for the reduced tuition offered to state residentscan drastically reduce the total cost of attending college. Take the time to check your state's rules 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 other criteria as well, depending on the state you and your parents currently reside in.

Explore other Indiana colleges

Anderson University International Student Tuition

Anderson 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 qualify for private or Anderson University-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Anderson University:

•On-campus jobs •Loans from outsideAnderson University •Anderson University-specific scholarships

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

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Anderson University 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 Anderson University.

House and Food Costs at Anderson University

Housing and campus dining at Anderson University costs $12,250 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the Anderson University's on-campus cafeterias and dining facilities.

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

How Much Do Books Cost at Anderson University?

The cost of books often surprises first-year college students. The real cost of books 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 used textbooks and materials.

Yearly Fees

Most schools 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 special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Anderson University

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public 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.

The location of a college or university can also have a big effect on 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, getting around in a city is often costly, but there may be more buses, trains or low-cost flight options to actually get to school. The Anderson University campus is located in a suburb in Indiana, not far from Indianapolis.

Other Costs

When you're planning for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at Anderson University

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Anderson University.

How Much Does Anderson University Cost?

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

2023 Total Tuition and Expenses
Tuition	$34,590
Room and Board	$12,250
Other expenses	$2,000

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

Total Estimated Costs
On-Campus	$49,890
Off-Campus	$37,640

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 Anderson University

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The majority of Anderson University undergrads use financial aid to help pay for school. In 2023, 791 of the 1,129 undergrads enrolled received financial aid. Anderson University meets 85.9% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $28,822 a year.

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

Scholarships at Anderson 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, Anderson University awarded 787 need-based scholarships to students, giving away total of $19.9 million to help students with financial need cover the cost of school. An additional $5.41 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Anderson 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 Anderson 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 Anderson University was $28,822 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Anderson University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$21,068
Off-Campus	$8,818

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

Anderson University Tuition Payment Plans

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

Anderson University does not have guaranteed tuition.

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

Does Anderson University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Anderson 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.

Anderson 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.

Anderson University's endowment was valued at $45.8 million in 2023, compared to a national average of $905 million. The school spends $10,386 for each full-time student enrolled.

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Learn More About Anderson University

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

Overview

Student Life

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Admissions

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