Midway University

In 2022, tuition for full-time students at Midway University was $24,500 a year.

Tuition was the same price in 2022 as it was the year before. On average, colleges raise tuition about 3% each year.

If this information makes going to college sound impossible, remember, the displayed price of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theprice of collegefeel more doable until you're done with college.

Does Midway University Offer In-State and Out-of-State Tuition?

Midway University is a private, religious institution, so it has the same tuition for residents of KY as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to check your state's rules for as an in-state resident. 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 the state you and your parents currently reside in.

Explore other KY colleges

Do International Students Pay More to Go to Midway University?

Midway University 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 may be eligible for private or Midway University-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Midway University:

•Loans from outsideMidway University •Midway University-specific loans •Midway University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Midway University Living Expenses, Fees, and More

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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 Midway University.

Room and Board Costs at Midway University

Housing and campus dining at Midway University costs $8,600 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 Midway University's on-campus cafeterias and dining facilities. Students who do not live on-campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of a mean plan, or board-only, is $2,400.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Midway University?

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The total cost of transportation in college depends on a few key factors. 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 plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. At Midway University, freshman are allowed to park 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 other hand transportation in an urban area can be pricey, but there may be more trains, busses or low-cost flight options to actually get to school. The Midway University campus is located in a rural setting in KY, not far from Louisville and Lexington.

Other Costs

When creating a budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Midway University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Midway University.

How Much Does Midway University Cost?

What will the cost of attending Midway University be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition	$24,500
Room and Board	$8,600
Board Only	$2,400
Other expenses	$5,500

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$40,250
Off-Campus	$34,050

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.

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Midway University Financial Aid

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In 2022, 781 of the 1,618 undergrads enrolled received financial aid. Midway University meets 67% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $21,530 a year. Around 68% of Midway University undergrads take out student loans to cover any remaining costs. Midway University graduates who have student loans graduate with an average of $26,790 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,118
Midway University-Specific Loans	$3,134
Private Loans	$38,753

Most Common Loans for Midway University Students
Federal Loans	66%
Institutional Loans	5%
Private loans	5%

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 Midway University financial aid, keep reading, or visit their financial aid website.

Scholarships at Midway University

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, Midway University awarded 635 need-based scholarships to students, giving away total of $4.8 million to help students with financial need cover the cost of school. An additional $6.75 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Midway University

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 Midway 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 Midway University was $21,530 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Midway University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$18,720
Off-Campus	$12,520

What will attending Midway 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 Midway University's net cost calculator on their website.

Midway University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Midway University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Midway University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Midway University has some full or partial tuition waivers available for: - X - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

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Learn More About Midway University

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To learn more about Midway University, choose from the options below:

Overview

Student Life

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