In 2022, tuition for full-time students at Hollins University was $40,350 a year.
In 2022, tuition increased 2.52%–from $39,360 the previous year. Usually, college tuition rises about 3% 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 owe a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegemore manageable until you're done with college.
Hollins University is a private, nonprofit institution, so it has the same tuition for students from Virginia as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as Virginia residents.
Attending a college where you are eligible for in-state tuition can save students a lot of money on the overall cost of college. Don't forget to verify your state's eligibility criteria 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 additional requirements too, depending on where you live.
Explore other Virginia colleges
Tuition at Hollins University is the same for each student.
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 Hollins University-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Hollins University:
•On-campus jobs •Loans from outsideHollins University •Hollins University-specific loans •Hollins University-specific 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 Hollins University.
Housing and campus dining at Hollins University costs $14,960 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the school dining facilities.
Board costs vary based on on the numnber of meals you intend to eat on-campus
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 books from students who have already taken the course.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources for students with financial need to 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? 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 busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Hollins University, freshman are allowed to park on campus.
The location of a college or university can impact 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, transportation in a city is sometimes pricey, but cities may offer more buses, trains or affordable flights to actually get to school. Hollins Universityis located in a suburban setting in Virginia.
When estimating your budget for college, don’t forget to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Hollins University.
What will the cost of attending Hollins University be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$14,960|
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 Hollins University undergrads use financial aid to to cover the cost of tuition. In 2022, 539 of the 713 undergrads enrolled received financial aid. Hollins University meets 87% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $39,772 a year. Around 73% of Hollins University undergrads take out student loans to cover any remaining costs. Hollins University graduates who have student loans graduate with an average of $34,424 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Hollins University-Specific Loans||$2,000|
|Most Common Loans for Hollins 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 Hollins 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, Hollins University awarded 539 need-based scholarships to students, giving away total of $17.9 million to help students with financial need cover the cost of school. An additional $7.42 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 Hollins 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 Hollins University was $39,772 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hollins University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Hollins 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 Hollins 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.
Hollins 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 offset the cost of attending. Some colleges 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.
Hollins 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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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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