In 2022, Austin College's tuition was $44,740 a year.
In 2022, tuition increased 3.23%–from $43,340 the prior year. On average, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition does not give you enough information to determine the actual cost of attending any given college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegefeel more doable until you're done with college.
Austin College is a private, religious institution, which means it has the same tuition for residents of Texas as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for those who qualify as Texas residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently reside in.
Tuition at Austin College is the same for each student.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or Austin College-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of 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 Austin College.
Room and board at Austin College costs $12,420 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 school dining facilities.
Meal-plan 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 actual 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.
Most schools also have 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 joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer resources for students with demonstrated need to get help covering these costs.
The total cost of getting around in college can really vary. 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 small enough that you can easily walk from class-to-class?? Do you plan to bring 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. At Austin College, 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 a city is usually expensive, but there may be more buses, trains and affordable flights to actually get to school. The Austin College campus is located in a small town setting in Texas, not far from Dallas-Fort Worth.
When you're planning for college, be sure to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Austin College.
What will the cost of attending Austin College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$12,420|
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.
The majority of Austin College undergrads use financial aid to to cover the cost of tuition. In 2022, 786 of the 1,212 undergrads enrolled received financial aid. Austin College meets 87.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $38,610 a year. Around 60% of Austin College undergrads take out student loans to cover any remaining costs. Austin College graduates who have student loans graduate with an average of $31,603 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Austin College 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 Austin College 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, Austin College awarded 783 need-based scholarships to students, giving away total of $25.4 million to help students with financial need cover the cost of school. An additional $12.43 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 Austin College 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 Austin College was $38,610 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Austin College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Austin College 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 Austin College'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 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 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.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Tuition & Fees
Students Who Receive Need-Based Aid
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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