In 2021, tuition for full-time University of Mount Union students was $33,000 a year.
Tuition increased 2.48% in 2021–from $32,200 the previous year. On average, college tuition goes up about 3% every year.
If this information makes going to college sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until after graduation.
University of Mount Union is a private, religious institution, so it has the same tuition for students from Ohio 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 students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to confirm your state's criteria 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 too, depending on the state you and your parents currently reside in.
University of Mount Union has the same tuition for international students as for those from out of state.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or University of Mount Union-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at University of Mount Union.
Housing and campus dining at University of Mount Union costs $10,900 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining facilities.
Board costs vary based on on how many meals are included in the plan you choose.
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 what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more. Students who attend University of Mount Union full time pay $400 in fees every year they are enrolled.
Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The total cost of transportation 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 easy to get around on foot? Do you plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At University of Mount Union, freshman are allowed to park on campus.
A school's location can also have a big effect on 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 an urban area can be costly, but cities may offer more trains, busses and low-cost flight options to actually get to school. The University of Mount Union campus is located in a small town setting in Ohio, not far from Cleveland (70 miles) and Pittsburgh (80 miles).
When creating a budget for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for University of Mount Union.
|2021 Total Tuition and Expenses|
|Room and Board||$10,900|
|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 University of Mount Union undergrads use financial aid to to cover the cost of tuition. In 2021, 1,565 of the 1,958 undergrads enrolled received financial aid. University of Mount Union meets 77.3% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $24,603 a year. Around 80% of University of Mount Union undergrads take out student loans to cover any remaining costs. University of Mount Union graduates who have student loans graduate with an average of $36,524 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|University of Mount Union-Specific Loans||$5,490|
|Most Common Loans for University of Mount Union 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 University of Mount Union 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 2021, University of Mount Union awarded 1,537 need-based scholarships to students, giving away total of $29.1 million to help students with financial need cover the cost of school. An additional $7.81 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 University of Mount Union 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 Mount Union was $24,603 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Mount Union seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending University of Mount Union 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 University of Mount Union'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.
University of Mount Union does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for University of Mount Union students.
University of Mount Union 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 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.
University of Mount Union 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.
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