In 2022, tuition for full-time students at Five Towns College was $28,450 a year.
In 2023, tuition increased 14.26%–from $24,900 the prior year. Usually, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college more manageable until after graduation.
Five Towns College meets 53% of the demonstrated financial need for undergraduates. First-year students that attend Five Towns College full-time are awarded $19,844 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $23,856 in student loans per borrower.
Five Towns College is a private institution, so it has the same tuition for residents of New York as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing an insitution where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Be sure to check your state's requirements for in-state residency. 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 other criteria too, depending on where you live.
Five Towns College has the same tuition for international students as for those from out of state.
International students are not eligible for loans or grants from the U.S. government, but should research private or Five Towns College-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Five Towns College:
•Loans from outsideFive Towns College •Five Towns College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
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 Five Towns College.
Room and board at Five Towns College costs $11,400 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the school dining facilities.
Board costs may vary depending on the number of meals you intend to eat on-campus
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 books from students who have already taken the course.
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 optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges offer ways so that those with financial need to find ways to lower or eliminate these costs.
The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need 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 Five Towns College, freshman are allowed to park on campus.
Where are a college is located 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 flip side, transportation in a city can be pricey, but cities may offer more trains, busses and affordable flights to actually get to school. The Five Towns College campus is located in a suburb in New York, near New York City.
When estimating your budget for college, be sure to factor in personal expenses, 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 Five Towns College.
What will the cost of attending Five Towns College be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses|
|Room and Board||$11,400|
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 Five Towns College undergrads use financial aid to help pay for school. In 2023, 383 of the 508 undergrads enrolled received financial aid. Five Towns College meets 53% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $19,844 a year. Around 90% of Five Towns College undergrads take out student loans to cover any remaining costs. Five Towns College graduates who have student loans graduate with an average of $23,856 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Five Towns 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 Five Towns 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 2023, Five Towns College awarded 379 need-based scholarships to students, giving away total of $5.7 million to help students with financial need cover the cost of school. An additional $1.08 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 Five Towns 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 Five Towns College was $19,844 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Five Towns College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Five Towns 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 Five Towns 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 offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a 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.
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 Five Towns College's endowment, check with the school directly. The school spends $6,224 for each full-time student enrolled.
Choose one of the options below to find out more about about Five Towns College:
See what others say about Five Towns College in the College Confidential forums