Usually, college tuition rises about 3% year.
If these numbers sound impossible, remember, the displayed price of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make thecost of college more manageable until after graduation.
Truett McConnell University meets 70% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Truett McConnell University is around $16,927 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $23,243 of debt.
Truett McConnell University is a private, religious institution, so it has the same tuition for students from Georgia as it does for students who live in other states.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Georgia residents.
Attending a college where you are eligible for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's eligibility criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.
Explore other Georgia colleges
Truett McConnell University has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible 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 Truett McConnell University:
•Truett McConnell 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, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Truett McConnell University.
Meal-plan costs may vary depending on the number 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 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 certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of getting around in college can really vary. 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 small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Truett McConnell University, freshman are allowed to park on campus.
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 getting around in a city is usually expensive, but there may be more trains, busses or low-cost flight options to actually get to school. Truett McConnell Universityis in a town in Georgia, not far from Atlanta.
When estimating your budget for college, don’t forget 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 what is really costs to go to Truett McConnell University.
What will the cost of attending Truett McConnell University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2023, 554 of the 2,683 undergrads enrolled received financial aid. Truett McConnell University meets 70% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $16,927 a year. Around 64% of Truett McConnell University undergrads take out student loans to cover any remaining costs. Truett McConnell University graduates who have student loans graduate with an average of $23,243 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $22,131 |
State Loans | $8,725 |
Private Loans | $9,623 |
Most Common Loans for Truett McConnell University Students | |
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Federal Loans | 63% |
State loans | 7% |
Private loans | 3% |
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 Truett McConnell 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, Truett McConnell University awarded 554 need-based scholarships to students, giving away total of $7.1 million to help students with financial need cover the cost of school. An additional $2.99 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 Truett McConnell 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 Truett McConnell University was $16,927 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Truett McConnell University seem more manageable.
What will attending Truett McConnell 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 Truett McConnell 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.
Truett McConnell University does not have guaranteed tuition.
Truett McConnell 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 waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Truett Mcconnell 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.
For more information about Truett McConnell University's endowment, check with the school directly.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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