In 2022, Life University's tuition was $12,420 a year.
Tuition was the same price in 2022 as it was the year before. On average, college tuition goes up about 3% every year.
If these numbers seem daunting, remember, the advertized cost of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theprice of collegemore manageable until you've finishing school and found a job.
Life University is a private, nonprofit institution, which means it has the same tuition for students from Georgia as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for those who qualify as Georgia residents.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to confirm your state's criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements too, depending on where you live.
Explore other Georgia colleges
Tuition at Life University is the same for each student.
Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may be eligible for the following types of financial support at Life University:
•Life University-specific loans •Athletic Awards •Life University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of 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 Life University.
Room and board at Life University is $14,400 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the school dining halls. Students who live off 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 $6,400.
Board costs vary based on 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 the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
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 optional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources so that those with financial need to get help covering 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 walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Life University, freshman are allowed to park on campus.
The location of a college or university can impact 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 an urban area is sometimes costly, but cities may offer more buses, trains or affordable flights to actually get to school. The Life University campus is in a suburban setting in Georgia, not far from Atlanta Metro.
When estimating your budget for college, don’t forget to consider the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Life University.
What will the cost of attending Life University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$14,400|
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 Life University undergrads use financial aid to to cover the cost of tuition. In 2022, 491 of the 920 undergrads enrolled received financial aid. Life University meets 39% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $13,300 a year. Life University graduates who have student loans graduate with an average of $24,000 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Life 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 Life 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, Life University awarded 324 need-based scholarships to students, giving away total of $1.4 million to help students with financial need cover the cost of school. An additional $560000 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 Life 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 Life University was $13,300 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Life University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Life 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 Life 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 offset the cost of attending. 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.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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