In 2021, tuition for full-time students at Kentucky Wesleyan College was $28,400 a year.
Tuition increased 3.95% in 2022–from $27,320 the prior year. On average, college tuition goes up about 3% every year.
If these numbers sound impossible, remember, the advertized cost of tuition does not tell the full story. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until you've finishing school and found a job.
Kentucky Wesleyan College is a private, religious institution, which means it has the same tuition for residents of KY as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to confirm your state's requirements for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 the state you and your parents currently live in.
Tuition at Kentucky Wesleyan College 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 should research private or Kentucky Wesleyan College-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of 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 Kentucky Wesleyan College.
Room and board at Kentucky Wesleyan College is $10,850 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the Kentucky Wesleyan College's on-campus cafeterias and dining facilities. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $3,752.
Meal-plan 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 used textbooks and materials.
Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be optional fees associated with participating in certain 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 cost of transportation 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 easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can impact 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 an urban area can be pricey, but there may be more trains, busses and low-cost flight options to actually get to school. Kentucky Wesleyan Collegeis located in a suburban setting in KY.
When estimating your budget for college, be sure to consider 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 the actual cost of attending Kentucky Wesleyan College.
What will the cost of attending Kentucky Wesleyan College be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
Tuition | $28,400 |
Room and Board | $10,850 |
Board Only | $7,504 |
Other expenses | $2,500 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $44,308 |
Off-Campus | $42,070 |
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.
Kentucky Wesleyan College’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Course load for full-time students
In 2022, 0 of the 785 undergrads enrolled received financial aid.Around 83% of Kentucky Wesleyan College undergrads take out student loans to cover any remaining costs. Kentucky Wesleyan College graduates who have student loans graduate with an average of $24,150 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $22,838 |
Private Loans | $0 |
Most Common Loans for Kentucky Wesleyan College Students | |
---|---|
Federal Loans | 83% |
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 Kentucky Wesleyan 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 2022, a total of $10 million was awarded in need-based scholarships. An additional $1.57 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 Kentucky Wesleyan 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.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Kentucky Wesleyan College seem more manageable.
What will attending Kentucky Wesleyan 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 understand the actual cost of attending that school, based on their financial situation. You can find the Kentucky Wesleyan 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.
Kentucky Wesleyan College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. 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.
Kentucky Wesleyan College 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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Tuition & Fees
$38,540
In State$38,540
Out-of-StateStudents Who Receive Need-Based Aid
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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