In 2021, tuition for full-time students at National University College was $6,444 a year.
In 2022, tuition increased 2.29%–from $6,300 the previous year. Usually, college tuition goes up about 3% every year.
If these numbers sound impossible, remember, the displayed price of tuition doesn't always mean much if you plan to use financial aid to help pay for college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until after graduation.
National University College is a private institution, which means it has the same tuition for residents of PR 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 a school where you qualify for in-state tuition can save on the cost of tuition, as well as loans and interest owed. Be sure to check your state's eligibility criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.
National University College has the same tuition for international students as for those from out of state.
International students usually do not qualify for for federal financial aid, but should research private or school-specific aid and scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at National University College.
National University College does not offer on-campus housing for students, so there are no charge for dorms, however students should consider the cost of off-campus housing when evaluating the actual cost of different schools
Board costs can depend 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 actual cost of books and supplies 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.
The majority of colleges 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 Greek Life, or playing on an intramural sports team. Many schools offer ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? 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 estimated cost of transportation.
The location of a college or university can also have a big effect on 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 an urban area may be pricey, but there may be more buses, trains and affordable flights to actually get to school. National University Collegeis in a urban setting in PR, not far from Bayamon.
When creating a budget for college, be sure to take into account 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 look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for National University College.
What will the cost of attending National University College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
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.
In 2022, 5,214 of the 24,705 undergrads enrolled received financial aid. National University College meets 90% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $5,519 a year. Around 66% of National University College undergrads take out student loans to cover any remaining costs. National University College graduates who have student loans graduate with an average of $4,633 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for National University 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 National University 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, National University College awarded 4,540 need-based scholarships to students, giving away total of $30.3 million to help students with financial need cover the cost of school.
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 National University 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 National University College was $5,519 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of National University College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending National University 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 National University 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 offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition 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.
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