In 2022, tuition for full-time students at St. Edward's University was $49,886 a year.
Tuition increased 1.51% in 2022–from $49,146 the previous year. On average, college tuition goes up about 3% every year.
Remember, the "sticker price" of tuition does not give you enough information to determine the actual cost of attending any given college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theactual cost of attending college feel more doable until after graduation.
St. Edward's University is a private, religious institution, which means it has the same tuition for students from Texas as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a college where you qualify for in-state tuition can drastically reduce the total cost of attending college. Don't forget to verify your state's rules for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently reside in.
Tuition at St. Edward's is the same for all students.
International students usually do not qualify for for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students with need may be eligible for the following types of financial support at St. Edward's:
•St. Edward's-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to 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 St. Edward's.
Housing and campus dining at St. Edward's costs $13,876 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 St. Edward's's on-campus cafeterias and dining facilities.
Meal-plan costs may vary depending 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 actual 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.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
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 have ways so that those who may struggle to participate because of cost can get help covering these fees.
The total cost of transportation 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 walkable? Do you plan to bring a car or are you planning 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 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 flip side, transportation in a city can be costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. The St. Edward's University campus is in a urban setting in Texas, not far from Austin.
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.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending St. Edward's.
What will the cost of attending St. Edward's be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$13,876|
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.
The majority of St. Edward's undergrads use financial aid to help pay for school. In 2022, 1,957 of the 3,014 undergrads enrolled received financial aid. St. Edward's meets 79% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $45,575 a year. Around 66% of St. Edward's undergrads take out student loans to cover any remaining costs. St. Edward's graduates who have student loans graduate with an average of $35,373 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for St. Edward's 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 St. Edward's 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, St. Edward's awarded 1,935 need-based scholarships to students, giving away total of $70.6 million to help students with financial need cover the cost of school. An additional $14.09 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 St. Edward's 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 St. Edward's was $45,575 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of St. Edward's seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending St. Edward's 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 St. Edward's'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 waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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