On average, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the "sticker price" of tuition does not mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make thecost of college more manageable until you're done with college.
Limestone College 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 insitutions often offer a lower cost of attendance for those who qualify as South Carolina residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to check your state's requirements for in-state residency. 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.
Tuition at Limestone College is the same for every student.
International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at Limestone College:
•Loans from outsideLimestone College •Athletic Awards •Limestone College-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 planning for college. Let's take a look at what impacts these costs, and what to expect at Limestone College.
Room and board at Limestone College is $10,777 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the Limestone College's on-campus cafeterias and dining halls. Students who do not live on-campus but still want to use the dining facilities can pay for a meal plan. The cost of a mean plan, or board-only, is $5,699.
Meal-plan costs can depend 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 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.
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 additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation 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 will you need to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located 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, transportation in a city may be costly, but cities may offer more buses, trains or affordable flights to actually get to school. The Limestone College campus is in a suburban setting in South Carolina, not far from Charlotte.
When you're planning for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Limestone College.
What will the cost of attending Limestone College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$10,777|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Limestone College’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Course load for both full and part-time students
The majority of Limestone College undergrads use financial aid to finance their education. In 2022, 1,669 of the 1,680 undergrads enrolled received financial aid. Limestone College meets 46% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $18,082 a year. Around 87.04% of Limestone College undergrads take out student loans to cover any remaining costs. Limestone College graduates who have student loans graduate with an average of $34,055 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Limestone College 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 Limestone College 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, Limestone College awarded 1,499 need-based scholarships to students, giving away total of $13.2 million to help students with financial need cover the cost of school. An additional $1.86 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 Limestone College 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 Limestone College was $18,082 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Limestone College seem more manageable.
What will attending Limestone College 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 Limestone College'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.
Limestone College 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 make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Limestone College 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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