Furman University

In 2022, tuition for full-time Furman University students was $57,902 a year.

In 2023, tuition increased 4.53%–from $55,392 the prior year. On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

Furman University meets 83.64% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Furman University is around $42,675 a year.

The average student debt for graduates in the class of 2023 was around $34,145 per student, not including those with no debt.

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

Furman University is a private, nonprofit institution, so it has the same tuition for students from South Carolina 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 qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's requirements 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 too, depending on where you live.

Explore other South Carolina colleges

Do International Students Pay More to Go to Furman University?

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

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or Furman University-specific aid and scholarships.

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

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Furman University Living Expenses, Fees, and More

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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.

House and Food Costs at Furman University

Room and board at Furman University is $15,868 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining halls. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $9,094.

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

How Much Do Books Cost at Furman University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books 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.

Yearly 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 additional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools offer resources for students with demonstrated need to get help covering these fees.

The Cost of Transportation at Furman University

The total 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 own a car, or are you planning to use public transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location 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 other hand transportation in a city is usually expensive, but there may be more trains, busses and low-cost flight options to actually get to school. The Furman University campus is in a suburb in South Carolina.

Other Costs

When you're planning for college, don’t forget to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Furman University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Furman University.

Total Cost of Furman University

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

2023 Total Tuition and Expenses
Tuition	$57,902
Room and Board	$15,868
Board Only	$6,774
Other expenses	$1,100

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

Total Estimated Costs
On-Campus	$75,280
Off-Campus	$66,186

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

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Furman University Financial Aid

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In 2023, 1,013 of the 2,283 undergrads enrolled received financial aid. Furman University meets 83.64% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $42,675 a year. Around 35% 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 $34,145 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$19,154
Private Loans	$60,661

Most Common Loans for Furman University Students
Federal Loans	34%
Private loans	9%

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.

Scholarships at Furman 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, Furman University awarded 1,011 need-based scholarships to students, giving away total of $36.6 million to help students with financial need cover the cost of school. An additional $36.21 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Furman 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 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 $42,675 in 2023. 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
On-Campus	$32,605
Off-Campus	$23,511

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 get a better idea of 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.

Furman University Tuition Payment Plans

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

Furman University does not have guaranteed tuition.

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

Does Furman University Offer Tuition Waivers?

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.

Furman 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.

Furman University's endowment was valued at $812.3 million in 2023, compared to a national average of $905 million. The school spends $21,951 for each full-time student enrolled.

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Learn More About Furman University

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