In 2022, tuition for full-time students at Samford University was $37,144 a year.
In 2023, tuition increased 3.9%–from $35,750 the previous year. Usually, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college more manageable until you've finishing school and found a job.
Samford University meets 75% of the demonstrated financial need for undergraduates. First-year students that attend Samford University full-time are awarded $25,397 a year in financial aid, on average.
In 2020, students graduated with an average of $29,877 in student loans for each student with debt.
Samford University is a private, religious institution, which means it has the same tuition for residents of Alabama as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.
Choosing a school where you qualify for the reduced tuition offered to state residentscan save on the overall cost of college. Don't forget to confirm your state's criteria for in-state tuition. 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 the state you and your parents currently reside in.
Tuition at Samford 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 aid and scholarships. International students with need may qualify for the following types of financial support at Samford University:
•Loans from outsideSamford University •Samford University-specific loans •Athletic Awards •Samford 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 Samford University.
Housing and campus dining at Samford University costs $12,160 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school 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 used textbooks and materials.
Most schools charge some yearly fees to offsets cost associated with maintaining 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 Greek Life, or playing on an intramural sports team. Many schools offer resources so that those with demonstrated need to find ways to lower or eliminate these fees.
The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? 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.
The location of a college or university can also have a big effect on your transportation budget. 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 may be pricey, but cities may offer more buses, trains and affordable flights to actually get to school. Samford Universityis located in a suburb in Alabama.
When estimating your 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 go over all of the costs we've covered, to get a better idea of the actual cost of attending Samford University.
What will the cost of attending Samford University be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses
|Room and Board
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.
Samford University’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students
In 2023, 1,315 of the 3,672 undergrads enrolled received financial aid. Samford University meets 75% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $25,397 a year. Around 29% of Samford University undergrads take out student loans to cover any remaining costs. Samford University graduates who have student loans graduate with an average of $29,877 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type
|Samford University-Specific Loans
|Most Common Loans for Samford 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 Samford 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 2023, Samford University awarded 1,301 need-based scholarships to students, giving away total of $23.6 million to help students with financial need cover the cost of school. An additional $35.19 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 Samford 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 Samford University was $25,397 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Samford University seem more manageable.
|Estimated Net Cost for Full-Time Students
What will attending Samford 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 Samford 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.
Samford University does not have guaranteed tuition.
Samford 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 schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Samford 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.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
As of 2022, the total market value of Samford University's endowment was $426.3 million. The average college endowment was $905 million in 2021. The school spends $15,323 for each full-time student enrolled.
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