In 2021, tuition for full-time students at Graceland University was $31,250 a year.
Tuition was the same price in 2022 compare to the year before. On average, college tuition goes up about 3% every year.
Remember, the displayed price of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students owe a lot less than the sticker price 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.
Graceland University is a private, religious institution, which means it has the same tuition for residents of Iowa as it does for residents from other states.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Iowa residents.
Attending a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Be sure 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 other criteria as well, depending on the state you and your parents currently reside in.
Graceland 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 should research private or school-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Graceland University:
•Graceland University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Graceland University.
Room and board at Graceland University is $10,100 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the school dining halls.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
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 textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may 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 with financial need to get help covering these costs.
The 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 easy to get around on foot? Do you own 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.
The location of a college or university can also have a big effect on transportation costs. 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 an urban area is sometimes expensive, but there may be more buses, trains or low-cost flight options to actually get to school. The Graceland University campus is in a rural setting in Iowa, near Des Moines.
When creating a budget for college, don’t forget to factor in 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 how much students can expect to shell out for Graceland University.
What will the cost of attending Graceland University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$10,100|
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.
The majority of Graceland University undergrads use financial aid to to cover the cost of tuition. In 2022, 716 of the 962 undergrads enrolled received financial aid. Graceland University meets 66% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $29,334 a year. Around 91% of Graceland University undergrads take out student loans to cover any remaining costs. Graceland University graduates who have student loans graduate with an average of $47,774 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Graceland 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 Graceland 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, Graceland University awarded 709 need-based scholarships to students, giving away total of $14.7 million to help students with financial need cover the cost of school. An additional $820000 thousand 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 Graceland 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 Graceland University was $29,334 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Graceland University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Graceland 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 Graceland 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 colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
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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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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