In 2020, Freed Hardeman University's tuition was $22,950 a year.
On average, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams seem daunting, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until you're done with college.
Freed-Hardeman University is a private, religious institution, so it has the same tuition for residents of Tennessee as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as Tennessee residents.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to check 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 the state you and your parents currently live in.
Freed Hardeman University has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Freed Hardeman University-specific grants, scholarships, and other funding opportunities..
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 Freed Hardeman University.
Room and board at Freed Hardeman University is $7,950 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of a mean plan, or board-only, is $3,000.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
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 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.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways for students with financial need to find ways to lower or eliminate these fees.
The cost of getting around 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 easy to get around on foot? Do you plan to bring 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. At Freed Hardeman University, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. 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 sometimes pricey, but there may be more buses, trains or low-cost flight options to actually get to school. Freed-Hardeman Universityis located in a small town setting in Tennessee.
When you're planning for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Freed Hardeman University.
|2021 Total Tuition and Expenses|
|Room and Board||$7,950|
|Total Estimated Costs|
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.
The majority of Freed Hardeman University undergrads use financial aid to help pay for school. In 2021, 954 of the 1,648 undergrads enrolled received financial aid. Freed Hardeman University meets 71% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $20,952 a year. Around 71% of Freed Hardeman University undergrads take out student loans to cover any remaining costs. Freed Hardeman University graduates who have student loans graduate with an average of $29,103 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Freed Hardeman University-Specific Loans||$0|
|Most Common Loans for Freed Hardeman University Students|
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 Freed Hardeman University financial aid, keep reading, or visit their financial aid website.
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 2021, Freed Hardeman University awarded 938 need-based scholarships to students, giving away total of $12.8 million to help students with financial need cover the cost of school. An additional $5.02 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Freed Hardeman 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 Freed Hardeman University was $20,952 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Freed Hardeman University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Freed Hardeman 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Freed Hardeman University's net cost calculator on their website.
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.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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