In 2022, tuition for full-time students at Furman University was $55,392 a year.
Tuition increased 4.53% in 2022–from $52,992 the previous year. On average, college tuition rises about 3% year.
If this makes attending the college of your dreams feel scary, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegefeel more doable until you're done with college.
Furman University is a private, nonprofit institution, which means it has the same tuition for students from South Carolina as it does for residents from 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.
Attending an insitution where you are eligible for in-state tuition can save significant money on the total cost of attending college. Be sure to check your state's rules for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on the state you and your parents currently live in.
Explore other South Carolina colleges
Tuition at Furman University is the same for all students.
International students usually do not qualify for for federal financial aid, but should research private or Furman University-specific grants, scholarships, and other funding opportunities..
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
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 Furman University.
Room and board at Furman University is $15,148 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the school dining halls. Students who do not live on-campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $6,388.
Board costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies 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.
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 certain activities, like joining a fraternity or sorority, 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 fees.
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 are you planning to use public transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location 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 expensive, but cities may offer more trains, busses or affordable flights to actually get to school. Furman Universityis in a suburban setting in South Carolina.
When creating a budget for college, don’t forget to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending Furman University.
What will the cost of attending Furman University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$15,148|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|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.
Furman University’s tuition and fees change based on: •Course load for part-time students
In 2022, 1,012 of the 2,304 undergrads enrolled received financial aid. Furman University meets 84.1% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $38,824 a year. Around 38% of Furman University undergrads take out student loans to cover any remaining costs. Furman University graduates who have student loans graduate with an average of $32,215 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Furman 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 Furman 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 2022, Furman University awarded 1,007 need-based scholarships to students, giving away total of $35 million to help students with financial need cover the cost of school. An additional $31.89 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 Furman 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 Furman University was $38,824 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Furman University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Furman 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 Furman 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.
Furman University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
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 if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Furman 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.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Tuition & Fees
Students Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Tuition and Fees
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