University of Louisiana at Monroe

In 2022, tuition for full-time students at University of Louisiana at Monroe was $5,788 a year for in-state students and $21,182 a year for out-of-state students.

Usually, college tuition rises about 3% year.

Remember, the advertized cost of tuition does not 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 far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

University of Louisiana at Monroe meets 63.7% of the demonstrated financial need for undergraduates. First-year students that attend University of Louisiana at Monroe full-time are awarded $13,113 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $23,223 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at University of Louisiana at Monroe

University of Louisiana at Monroe is a public, state institution, so it offers a reduced tuition rate of $5,788 for in-state students who attend full-time.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for students who are residents of that state.

Choosing an insitution where you are eligible for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Don't forget to confirm your state's rules for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria as well, depending on where you live.

Explore other Louisiana colleges

Do International Students Pay More to Go to University of Louisiana at Monroe?

Tuition at University of Louisiana at Monroe is the same for each student.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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University of Louisiana at Monroe Living Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at University of Louisiana at Monroe.

House and Food Costs at University of Louisiana at Monroe

Room and board at University of Louisiana at Monroe is $9,770 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 in the University of Louisiana at Monroe's on-campus cafeterias and dining halls.

Meal-plan costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at University of Louisiana at Monroe

The cost of books often surprises first-year college students. The actual 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.

Yearly Fees

Most schools also have 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 playing on an intramural sports team. Many schools have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at University of Louisiana at Monroe

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location 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 other hand getting around in a city might be pricey, but there may be more trains, busses and affordable flights to actually get to school. University of Louisiana at Monroeis in a city in Louisiana.

Other Costs

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.

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The Full Cost of Attending University of Louisiana at Monroe

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Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending University of Louisiana at Monroe.

How Much Does University of Louisiana at Monroe Cost?

What will the cost of attending University of Louisiana at Monroe be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$5,788
Out-of-State Tuition	$21,182
Room and Board	$9,770
Other expenses	$2,308

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.

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Financial Aid at University of Louisiana at Monroe

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In 2023, 2,802 of the 6,670 undergrads enrolled received financial aid. University of Louisiana at Monroe meets 63.7% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,113 a year. Around 54% of University of Louisiana at Monroe undergrads take out student loans to cover any remaining costs. University of Louisiana at Monroe graduates who have student loans graduate with an average of $23,223 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,185
Private Loans	$12,494

Most Common Loans for University of Louisiana at Monroe Students
Federal Loans	54%
Private loans	6%

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 University of Louisiana at Monroe financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Louisiana at Monroe

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, University of Louisiana at Monroe awarded 2,592 need-based scholarships to students, giving away total of $27.8 million to help students with financial need cover the cost of school. An additional $11.06 million in merit-based scholarship money was awarded to students without demonstrated financial need.

University of Louisiana at Monroe Net Cost

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 University of Louisiana at Monroe 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 University of Louisiana at Monroe was $13,113 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Louisiana at Monroe seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$-3,641
Net In-state, Off-campus	$-2,606
Out-of-State, On-Campus	$24,866

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending University of Louisiana at Monroe 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 University of Louisiana at Monroe's net cost calculator on their website.

University of Louisiana at Monroe Tuition Payment Plans

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.

University of Louisiana at Monroe Tuition Waivers

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 if you qualify for a 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.

University of Louisiana at Monroe's Endowment

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 University of Louisiana at Monroe's endowment was $32.7 million. The average college endowment was $905 million in 2021. The school spends $6,090 for each full-time student enrolled.

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Learn More About University of Louisiana at Monroe

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