Olivet Nazarene University

In 2022, tuition for full-time students at Olivet Nazarene University was $36,950 a year.

In 2022, tuition increased 1.37%–from $36,450 the prior year. On average, colleges raise tuition about 3% each year.

Remember, the "sticker price" of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegemore manageable until you've finishing school and found a job.

Olivet Nazarene University: In-state vs. Out-of-State Tuition

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

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending an insitution where you qualify for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Don't forget to verify your state's guidelines for how to qualify for in-state tuition. 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 reside in.

Explore other Illinois colleges

Tuition for International Students at Olivet Nazarene University

Olivet Nazarene University has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or school-specific aid and scholarships. International students with need may qualify for the following types of financial support at Olivet Nazarene University:

•On-campus jobs •Loans from outsideOlivet Nazarene University •Athletic Awards •Olivet Nazarene University-specific scholarships •International Students Tuition Waivers

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

---

Olivet Nazarene University Room, Board, Fees, and More

---

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 Olivet Nazarene University.

House and Food Costs at Olivet Nazarene University

Room and board at Olivet Nazarene University costs $9,790 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the Olivet Nazarene University's on-campus cafeterias and dining halls.

Board costs can depend on the numnber of meals you intend to eat on-campus

Cost of Books at Olivet Nazarene University

The cost of books often surprises first-year college students. The real 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.

Yearly Fees

The majority of colleges 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 additional fees associated with participating in certain activities, like joining a fraternity or sorority, 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 fees.

The Cost of Transportation at Olivet Nazarene University

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 easy to get around on foot? Do you own a car, or are you planning to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At Olivet Nazarene University, freshman are allowed to park on campus.

The location of a college or university 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 getting around in a city can be pricey, but there may be more buses, trains and affordable flights to actually get to school. Olivet Nazarene Universityis located in a small town setting in Illinois, not far from Chicago.

Other Costs

When budgeting for college, be sure to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

---

Total Tuition and Expenses at Olivet Nazarene University

---

Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Olivet Nazarene University.

How Much Does Olivet Nazarene University Cost?

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

2022 Total Tuition and Expenses
Tuition	$36,950
Room and Board	$9,790
Other expenses	$1,300

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

Total Estimated Costs
On-Campus	$49,880
Off-Campus	$51,340

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.

Olivet Nazarene University’s tuition and fees change based on: •Course load for part-time students

---

Olivet Nazarene University Financial Aid

---

The majority of Olivet Nazarene University undergrads use financial aid to help pay for school. In 2022, 2,025 of the 2,643 undergrads enrolled received financial aid. Olivet Nazarene University meets 84% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $32,507 a year. Around 80% of Olivet Nazarene University undergrads take out student loans to cover any remaining costs. Olivet Nazarene University graduates who have student loans graduate with an average of $30,353 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$25,119
Private Loans	$27,498

Most Common Loans for Olivet Nazarene University Students
Federal Loans	80%
Private loans	15%

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 Olivet Nazarene University financial aid, keep reading, or visit their financial aid website.

Scholarships at Olivet Nazarene 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, Olivet Nazarene University awarded 2,021 need-based scholarships to students, giving away total of $48.6 million to help students with financial need cover the cost of school. An additional $13.34 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Olivet Nazarene 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 Olivet Nazarene 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 Olivet Nazarene University was $32,507 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Olivet Nazarene University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$17,373
Off-Campus	$18,833

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

Olivet Nazarene University Tuition Payment Plans

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

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

Does Olivet Nazarene University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges 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.

Olivet Nazarene University has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees

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

---

Learn More About Olivet Nazarene University

---

Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

Join the conversation about about Olivet Nazarene University in the College Confidential forums