In 2021, tuition for full-time Henderson State University students was $5,880 a year for in-state students and $8,088 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
If this information makes going to college sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make thecost of college feel more doable until after graduation.
Henderson State University is a public, state institution, so it offers a reduced tuition rate of $5,880 for in-state students who attend full-time.
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 a college where you qualify for in-state tuition can cut the cost of college tuition. Don't forget to check your state's eligibility criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.
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Tuition at Henderson State University is the same for all students.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may qualify for private or Henderson State University-specific aid and 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 Henderson State University.
Housing and campus dining at Henderson State University costs $9,558 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the Henderson State University's on-campus cafeterias and dining facilities.
Board 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 real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools 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 other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have resources for students who may struggle to participate because of cost can get help covering these fees.
The total cost of transportation 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 own a car, or will you need to use public transportation? All of these questions can make a big difference in your transportation budget. At Henderson State University, freshman are allowed to park 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 flip side, getting around in a city may be pricey, but cities may offer more buses, trains or affordable flights to actually get to school. The Henderson State University campus is in a small town setting in Arkansas, near Little Rock.
When creating a budget for college, don’t forget to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Henderson State University.
What will the cost of attending Henderson State University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$9,558|
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 Henderson State University undergrads use financial aid to to cover the cost of tuition. In 2022, 1,923 of the 2,626 undergrads enrolled received financial aid. Henderson State University meets 58% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $9,279 a year. Around 77% of Henderson State University undergrads take out student loans to cover any remaining costs. Henderson State University graduates who have student loans graduate with an average of $20,638 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Henderson 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 Henderson 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, Henderson State University awarded 1,356 need-based scholarships to students, giving away total of $6.7 million to help students with financial need cover the cost of school. An additional $12.3 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 Henderson 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 Henderson State University was $9,279 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Henderson State University seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$8,674|
What will attending Henderson 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Henderson 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.
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 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.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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