In 2022, tuition for full-time students at Mount Vernon Nazarene University was $33,918 a year.
In 2022, tuition increased 44.44%–from $23,483 the prior year. Usually, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make thecost of college feel more doable until you're done with college.
Mount Vernon Nazarene University is a private, religious institution, so it has the same tuition for residents of Ohio 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.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's eligibility criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. 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 other criteria as well, depending on the state you and your parents currently live in.
Tuition at Mount Vernon Nazarene University is the same for every student.
Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or Mount Vernon Nazarene University-specific grants, scholarships, and other funding opportunities.. International students with need may be eligible for the following types of financial support at Mount Vernon Nazarene University:
•Mount Vernon Nazarene 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; 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 Mount Vernon Nazarene University.
Room and board at Mount Vernon Nazarene University costs $9,612 a year. This number includes 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 Mount Vernon Nazarene University's on-campus cafeterias and dining halls.
Board costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real 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 charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
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. Many schools have ways for students with financial need to get help covering these fees.
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 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 estimated cost of transportation. 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 other hand transportation in an urban area is often costly, but cities may offer more buses, trains and affordable flights to actually get to school. The Mount Vernon Nazarene University campus is located in a small town setting in Ohio, near Columbus.
When creating a budget for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Mount Vernon Nazarene University.
What will the cost of attending Mount Vernon Nazarene University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$9,612|
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.
Mount Vernon Nazarene University’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for part-time students
The majority of Mount Vernon Nazarene University undergrads use financial aid to finance their education. In 2022, 1,194 of the 1,699 undergrads enrolled received financial aid. Mount Vernon Nazarene University meets 69.2% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $26,215 a year. Around 73% of Mount Vernon Nazarene University undergrads take out student loans to cover any remaining costs. Mount Vernon Nazarene University graduates who have student loans graduate with an average of $27,174 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Mount Vernon Nazarene 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 Mount Vernon Nazarene 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, Mount Vernon Nazarene University awarded 1,194 need-based scholarships to students, giving away total of $23.4 million to help students with financial need cover the cost of school. An additional $2.81 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 Mount Vernon Nazarene 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 Mount Vernon Nazarene University was $26,215 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mount Vernon Nazarene University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Mount Vernon Nazarene 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 Mount Vernon Nazarene 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.
Mount Vernon Nazarene 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 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.
Mount Vernon Nazarene 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.
To learn more about Mount Vernon Nazarene University, choose from the options below:
Visit the College Confidential forums to join the conversation about Mount Vernon Nazarene University
Tuition & Fees
Students Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Tuition and Fees
Claim your page to customize your profile and connect with students!
Want to find money for school that doesn’t need to be paid back? Access insights and advice on how to search and apply for scholarships!
Connect with the world's largest college forum for candid, authentic discussion.