In 2022, tuition for full-time students at Asbury University was $32,578 a year.
In 2022, tuition increased 1.54%–from $32,084 the previous year. Usually, college tuition goes up about 3% every year.
If this makes attending the college of your dreams seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college more manageable until you've finishing school and found a job.
Asbury University is a private, religious institution, so it has the same tuition for residents of KY as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. 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 tuition can cut the cost of college tuition. Take the time to confirm your state's rules for as an in-state resident. 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.
Asbury University has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or school-specific grants, scholarships, and other funding opportunities.. International students with need may be eligible for the following types of financial support at Asbury University:
•On-campus jobs •Loans from outsideAsbury University •Asbury University-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, 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 Asbury University.
Housing and campus dining at Asbury University is $8,636 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the school dining facilities.
Meal-plan costs can depend on how many meals are included in the plan you choose.
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 used textbooks and materials.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, 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 fees.
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? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of 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 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 often costly, but there may be more trains, busses or low-cost flight options to actually get to school. Asbury Universityis in a small town setting in KY, not far from Lexington.
When budgeting for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Asbury University.
What will the cost of attending Asbury University be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
Tuition | $32,578 |
Room and Board | $8,636 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $41,782 |
Off-Campus | $33,146 |
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, 828 of the 1,717 undergrads enrolled received financial aid. Asbury University meets 73.4% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $28,313 a year. Around 70.45% of Asbury University undergrads take out student loans to cover any remaining costs. Asbury University graduates who have student loans graduate with an average of $37,596 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $27,316 |
Asbury University-Specific Loans | $4,890 |
Private Loans | $38,132 |
Most Common Loans for Asbury University Students | |
---|---|
Federal Loans | 70.45% |
Institutional Loans | 7.27% |
Private loans | 17.73% |
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 Asbury 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 2022, Asbury University awarded 828 need-based scholarships to students, giving away total of $15.8 million to help students with financial need cover the cost of school. An additional $6.4 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 Asbury 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 Asbury University was $28,313 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Asbury University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $13,469 |
Off-Campus | $4,833 |
What will attending Asbury 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Asbury 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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
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.
Asbury University has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
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Tuition & Fees
$41,782
In State$41,782
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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