In 2014, tuition for full-time South University Montgomery students was $16,920 a year.
On average, college tuition rises about 3%ba year.
If this information makes going to college feel scary, remember, the "sticker price" of tuition doesn't tell the full story. 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 theactual cost of attending college until you're done with college.
South University - Montgomery is a private, nonprofit institution, so it has the same tuition for students from Alabama 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 residency can cut the cost of college tuition. Don't forget to confirm your state's criteria 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 South University Montgomery is the same for all students.
International students are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities..
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 South University Montgomery.
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 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 books from students who have already taken the course.
Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at South University Montgomery pay $94 in fees every year they are enrolled.
There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways so that those with financial need to find ways to lower or eliminate 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 easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget.
Where are a college is located can impact 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 a city is often expensive, but there may be more trains, busses or low-cost flight options to actually get to school. South University - Montgomeryis in a in Alabama.
When creating a budget for college, don’t forget to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to South University Montgomery.
|2021 Total Tuition and Expenses
|Total Estimated Costs
Tuition and fees may vary depending on program, course level, location, and more.
|Most Common Loans for South University Montgomery 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 South University Montgomery 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.
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 South University Montgomery 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.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of South University Montgomery seem more manageable.
What will attending South University Montgomery 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 South University Montgomery'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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
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 with a tuition 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.
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