In 2022, tuition for full-time students at Washington University in St. Louis was $59,420 a year.
Tuition increased 2.89% in 2022–from $57,750 the prior year. Usually, college tuition goes up about 3% every year.
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 sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegefeel more doable until after graduation.
Washington University in St. Louis is a private, nonprofit institution, so it has the same tuition for residents of Missouri as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for those who qualify as Missouri residents.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's rules 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.
WashU 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 grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may qualify for the following types of financial support at WashU:
•WashU-specific loans •WashU-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; 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 WashU.
Room and board at WashU costs $18,470 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the WashU's on-campus cafeterias and dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of a mean plan, or board-only, is $12,698.
Board costs vary based on 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 charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources for students with financial need to find ways to lower or eliminate these costs.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation 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 will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.
A school's location can also have a big effect on your transportation budget. 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 costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Washington University in St. Louisis located in a urban setting in Missouri, not far from St. Louis.
When budgeting for college, be sure to leave some room in your budget for 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 look at the breakdown of all expenses, to get a better idea of what is really costs to go to WashU.
What will the cost of attending WashU be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$18,470|
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.
In 2022, 2,976 of the 8,034 undergrads enrolled received financial aid. WashU meets 100% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $63,820 a year. Around 25% of WashU undergrads take out student loans to cover any remaining costs. WashU graduates who have student loans graduate with an average of $22,740 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for WashU 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 WashU 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, WashU awarded 2,936 need-based scholarships to students, giving away total of $163 million to help students with financial need cover the cost of school. An additional $10.96 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 WashU 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 WashU was $63,820 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of WashU seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending WashU 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 WashU'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.
WashU offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to 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 with a tuition waiver, other expenses and fees are the responsibility of the student.
WashU 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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