In 2022, tuition for full-time students at Austin Peay State University was $7,146 a year for in-state students and $12,690 a year for out-of-state students.
Usually, college tuition rises about 3% year.
If these numbers sound impossible, remember, the advertized cost of tuition does not always give you all the info you need to know how much you will actually have to pay for college. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theactual cost of attending college more manageable until you're done with college.
Austin Peay State University is a public, state institution, so it offers a reduced tuition rate of $7,146 for students who qualify as state residents and attend full-time.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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.
Explore other Tennessee colleges
Austin Peay State University 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 should research private or Austin Peay State University-specific grants, scholarships, and other funding opportunities..
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Austin Peay State University.
Housing and campus dining at Austin Peay State University is $10,350 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the Austin Peay State University's on-campus cafeterias and dining facilities.
Board costs can depend 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 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.
The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources so that those who may struggle to participate because of cost can get help covering these fees.
The cost of getting around 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 easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. 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 other hand getting around in an urban area may be expensive, but there may be more trains, busses or affordable flights to actually get to school. The Austin Peay State University campus is in a suburban setting in Tennessee, not far from Nashville.
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.
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 Peay State University.
What will the cost of attending Austin Peay State University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$10,350|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2022, 3,754 of the 9,087 undergrads enrolled received financial aid.
The average financial aid package for a full-time, first-year student is around $5,905 a year. Around 67% of Austin Peay State University undergrads take out student loans to cover any remaining costs. Austin Peay State University graduates who have student loans graduate with an average of $24,611 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Austin Peay State University 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 Peay State 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, Austin Peay State University awarded 2,520 need-based scholarships to students, giving away total of $27.5 million to help students with financial need cover the cost of school. An additional $31.78 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 Peay State 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 Austin Peay State University was $5,905 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Austin Peay State University seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$9,302|
What will attending Austin Peay State 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Austin Peay State 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.
Austin Peay State University 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 colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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