In 2021, Life University's tuition was $12,105 a year.
Tuition increased 4.26% in 2021–from $11,610 the previous year. On average, colleges raise tuition about 3% each year.
If this information makes going to college 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 owe far less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until after graduation.
Life University is a private, nonprofit institution, so it has the same tuition for residents of Georgia 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 Georgia residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to confirm your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. 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.
Tuition at Life University is the same for all students.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities.. International students with need may be eligible for the following types of financial support at Life University:
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Life University.
Board costs may vary depending on the numnber of meals you intend to eat on-campus
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 textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs. Students who attend Life University full time can expect to pay around $12,105 in fees every year they are enrolled.
Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways for students who may struggle to participate because of cost can get help covering these fees.
The cost of transportation in college depends on a few key factors. 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 small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At Life University, freshman are allowed to park on campus.
Where are a college is located 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 an urban area is often pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. Life Universityis located in a suburban setting in Georgia, not far from Atlanta Metro.
When budgeting for college, be sure to factor in 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 do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Life University.
|2021 Total Tuition and Expenses|
|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 help pay for school. In 2021, 554 of the 939 undergrads enrolled received financial aid. Life University meets 37% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $14,000 a year. Life University graduates who have student loans graduate with an average of $34,000 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Life University-Specific Loans||$0|
|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 2021, Life University awarded 326 need-based scholarships to students, giving away total of $1 million to help students with financial need cover the cost of school. An additional $610000 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 $14,000 in 2021. 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 make more informed decisions about 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.
Life University does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Life University students.
Life 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 waiver tuition for 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.
Life 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.
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