William Penn University

In 2006, tuition for full-time students at William Penn University was $28,750 a year.

Tuition increased 3.42% in 2023–from $27,800 the prior year. On average, college tuition goes up about 3% every year.

If this makes attending the college of your dreams feel scary, 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 the amount you do have to pay out of pocket more manageable until you've finishing school and found a job.

William Penn University meets 82% of the demonstrated financial need for undergraduates. First-year students that attend William Penn University full-time are awarded $17,782 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $22,169 in student loans per borrower.

Does William Penn University Offer In-State and Out-of-State Tuition?

William Penn University is a private, religious institution, so it has the same tuition for residents of Iowa as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Iowa residents.

Attending an insitution where you are eligible for the reduced tuition offered to state residentscan save significant money on the cost of tuition, as well as loans and interest owed. Don't forget to check your state's eligibility criteria 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 the state you and your parents currently live in.

Explore other Iowa colleges

Is William Penn University's Tuition Different for International Students?

Tuition at William Penn University is the same for each student.

Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or William Penn University-specific aid and scholarships. International students with need may be eligible for the following types of financial support at William Penn University:

•William Penn University-specific scholarships

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

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William Penn University Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; 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 William Penn University.

House and Food Costs at William Penn University

Room and board at William Penn University is $7,712 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of board-only is $7,448.

Board costs vary based on on how many meals are included in the plan you choose.

Cost of Books at William Penn University

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. 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 books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at William Penn University

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 small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can also have a big effect on transportation costs. 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 an urban area might be costly, but there may be more trains, busses and low-cost flight options to actually get to school. The William Penn University campus is in a rural area in Iowa, near Des Moines.

Other Costs

When budgeting for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at William Penn University

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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 William Penn University.

How Much Does William Penn University Cost?

What will the cost of attending William Penn University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$28,750
Room and Board	$7,712
Other expenses	$3,270

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$39,732
Off-Campus	$32,020

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.

William Penn University’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Class time for both full and part-time students •Course load for both full and part-time students

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Financial Aid at William Penn University

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The majority of William Penn University undergrads use financial aid to help pay for school. In 2023, 768 of the 1,404 undergrads enrolled received financial aid. William Penn University meets 82% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $17,782 a year. Around 96% of William Penn University undergrads take out student loans to cover any remaining costs. William Penn University graduates who have student loans graduate with an average of $22,169 of student loan debt.

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 William Penn University financial aid, keep reading, or visit their financial aid website.

Scholarships at William Penn University

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, William Penn University awarded 768 need-based scholarships to students, giving away total of $5.6 million to help students with financial need cover the cost of school. An additional $120,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of William Penn University

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 William Penn 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 William Penn University was $17,782 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of William Penn University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$21,950
Off-Campus	$14,238

What will attending William Penn 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 understand the actual cost of attending that school, based on their financial situation. You can find the William Penn University's net cost calculator on their website.

William Penn University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

William Penn University does not have guaranteed tuition.

William Penn University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

William Penn University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges 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.

William Penn University has some full or partial tuition waivers available for: - X - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

William Penn University'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.

William Penn University's endowment was valued at $4.7 million in 2023, compared to a national average of $905 million.

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Learn More About William Penn University

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To learn more about William Penn University, choose from the options below:

Overview

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