In 2022, Central Methodist University's tuition was $26,360 a year.
In 2022, tuition increased 2.61%–from $25,690 the previous year. On average, college tuition goes up about 3% every year.
If this information makes going to college sound impossible, remember, the displayed price of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college more manageable until after graduation.
Central Methodist University is a private, religious institution, which means it has the same tuition for students from Missouri as it does for residents from other states.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Missouri residents.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to confirm your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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.
Explore other Missouri colleges
Tuition at Central Methodist University is the same for each student.
International students are not eligible for federal financial aid, but should research private or school-specific aid and scholarships.
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 Central Methodist University.
Room and board at Central Methodist University costs $8,910 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining halls.
Meal-plan costs may vary depending 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.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways 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 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 walkable? Do you plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. At Central Methodist University, freshman are allowed to park 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 flip side, getting around in a city may be pricey, but there may be more buses, trains and affordable flights to actually get to school. The Central Methodist University campus is in a small town setting in Missouri.
When you're planning for college, don’t forget to leave some room in your budget for personal expenses, 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 estimate of how much students can expect to shell out for Central Methodist University.
What will the cost of attending Central Methodist University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$8,910|
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.
Central Methodist University’s tuition and fees change based on: •Course load for part-time students
The majority of Central Methodist University undergrads use financial aid to finance their education. In 2022, 878 of the 1,144 undergrads enrolled received financial aid. Central Methodist University meets 21% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $21,678 a year. Around 63% of Central Methodist University undergrads take out student loans to cover any remaining costs. Central Methodist University graduates who have student loans graduate with an average of $18,849 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Central Methodist 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 Central Methodist 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, Central Methodist University awarded 602 need-based scholarships to students, giving away total of $3.7 million to help students with financial need cover the cost of school. An additional $15.71 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 Central Methodist 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 Central Methodist University was $21,678 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Central Methodist University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Central Methodist 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 Central Methodist 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.
Central Methodist 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 offer tuition waivers to certain groups, to make attending more affordable. Some schools 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.
Central Methodist University 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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