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Colleges / Martin University

Martin University

Indianapolis, IN 4-Year Private
Acceptance Rate96%
Acceptance Rate96%

Martin University Tuition Information

In 2021, tuition for full-time students at Martin University was $12,840 a year.

Tuition was the same price in 2022 compare to the year before. Usually, college tuition goes up about 3% every year.

If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Martin University: In-state vs. Out-of-State Tuition

Martin University is a private, nonprofit institution, which means it has the same tuition for residents of Indiana as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a school where you qualify for the reduced tuition offered to state residentscan save significant money on the cost of tuition, as well as loans and interest owed. Take the time to check 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. 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 as well, depending on the state you and your parents currently live in.

Explore other Indiana colleges

Do International Students Pay More to Go to Martin University?

Tuition at Martin University is the same for each student.

International students are not eligible for federal financial aid, but may be eligible for private or Martin University-specific grants, scholarships, and other funding opportunities..


Martin University Room, Board, Fees, and More


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 Martin University.

House and Food Costs at Martin University

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

How Much Do Books Cost at Martin University?

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 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.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Martin 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 plan to bring a car or will you need to use public transportation? All of these factors can make a big difference in your transportation budget.

A school's location can impact 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 getting around in an urban area is usually costly, but there may be more buses, trains and low-cost flight options to actually get to school. Martin Universityis located in a urban setting in Indiana.

Other Costs

When you're planning 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.


The Full Cost of Attending Martin University


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

How Much Does Martin University Cost?

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

2022 Total Tuition and Expenses
Tuition $12,840

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

Total Estimated Costs
On-Campus $13,850
Off-Campus $16,458

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.


Financial Aid at Martin University


The majority of Martin University undergrads use financial aid to to cover the cost of tuition. In 2022, 535 of the 170 undergrads enrolled received financial aid. Martin University meets 95% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $8,231 a year. Around 95% of Martin University undergrads take out student loans to cover any remaining costs. Martin University graduates who have student loans graduate with an average of $28,600 of student loan debt.

Most Common Loans for Martin 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 Martin University financial aid, keep reading, or visit their financial aid website.

Scholarships at Martin 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 2022, Martin University awarded 83 need-based scholarships to students, giving away total of $3.1 million to help students with financial need cover the cost of school.

Net Cost of Martin 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 Martin 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 Martin University was $8,231 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Martin University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $5,619
Off-Campus $8,227

What will attending Martin 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 Martin University's net cost calculator on their website.

Martin University Tuition Payment Plans

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.

Does Martin 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.

Check the financial aid website for more information on payment plans and tuition waivers.


Learn More About Martin University


To learn more about Martin University, choose from the options below:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about Martin University in the College Confidential forums

Martin University Tuition & Fees

Tuition & Fees

$13,200

In State

$13,200

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$12,840
$12,840
Fees
$360
$360
Housing
Unknown
Unknown
Books
Unknown
Unknown

Martin University Financial Aid

Students Who Receive Need-Based Aid

14%

Average Financial Aid Package

$10,231

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

170

Campus Setting

Urban

Acceptance Rate

96%

Tuition and Fees

In State

$13,200

Out-of-State

$13,200

Fall Freshmen
Application Deadline

Continuous processing
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