On average, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams feel scary, remember, the "sticker price" 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 find the actual cost of college is far less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college more manageable until after graduation.
Evangel University meets 75.47% of the demonstrated financial need for undergraduates. First-year students that attend Evangel University full-time are awarded $19,869 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $28,386 in student loans per borrower.
Evangel University is a private, religious institution, so 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 reduced tuition for those who qualify as Missouri residents.
Attending a school where you qualify for the reduced tuition offered to state residentscan save significant money on the cost of tuition, as well as loans and interest owed. Take the time to verify your state's guidelines for how to qualify for as an in-state resident. 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 other criteria as well, depending on where you live.
Tuition at Evangel University is the same for every student.
Students from outside of the U.S. are not eligible for federal financial aid, but should research private or Evangel University-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Evangel University:
•Loans from outsideEvangel University •Athletic Awards •Evangel University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
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 Evangel University.
Board costs may vary depending 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 and supplies 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 charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources so that those 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 walkable? 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. At Evangel University, freshman are allowed to park on campus.
Where are a college is located 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 an urban area is usually pricey, but cities may offer more buses, trains and affordable flights to actually get to school. The Evangel University campus is located in a city in Missouri.
When you're planning for college, be sure to consider 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 do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Evangel University.
What will the cost of attending Evangel University be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses
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.
The majority of Evangel University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,031 of the 1,745 undergrads enrolled received financial aid. Evangel University meets 75.47% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $19,869 a year. Around 77% of Evangel University undergrads take out student loans to cover any remaining costs. Evangel University graduates who have student loans graduate with an average of $28,386 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type
|Most Common Loans for Evangel 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 Evangel 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 2023, Evangel University awarded 1,030 need-based scholarships to students, giving away total of $14.5 million to help students with financial need cover the cost of school. An additional $3.79 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 Evangel 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 Evangel University was $19,869 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Evangel University seem more manageable.
What will attending Evangel 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 Evangel 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 waiver tuition for certain groups, to offset the cost of attending. 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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.
For more information about Evangel University's endowment, check with the school directly.
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