In 2018, tuition for full-time Panola College students was $792 a year for in-state students and $792 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
If these numbers seem daunting, remember, the "sticker price" of tuition does not always tell the full story. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.
Tuition for international students at Panola College is $792 per year.
Panola College meets 50% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Panola College is around $8,774 a year.
Panola College is a public, state institution, which means it offers a reduced tuition rate of $792 for in-state students who attend full-time. For students who are not considered Texas-residents, out-of-state tuition is $792 a year.
Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Texas residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to confirm your state's eligibility criteria for in-state tuition. 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.
Panola College has the same tuition for international students as for those from out of state.
International students at Panola College usually pay around $792 per year, before any scholarships, grants or other financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Panola College:
•On-campus jobs •Panola College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Panola College.
Room and board at Panola College costs $5,912 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the school dining halls.
Board costs can depend on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
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. Most colleges have resources for students with demonstrated need to get help covering these costs.
The cost of transportation 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 plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your estimated cost of transportation. At Panola College, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. 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 a city is often expensive, but there may be more trains, busses and affordable flights to actually get to school. Panola Collegeis located in a town in Texas.
When estimating your budget for college, don’t forget 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 go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Panola College.
What will the cost of attending Panola College be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses|
|Room and Board||$5,912|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2023, 729 of the 2,646 undergrads enrolled received financial aid. Panola College meets 50% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $8,774 a year.
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 Panola 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 2023, Panola College awarded 185 need-based scholarships to students, giving away total of $7.1 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 Panola 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 Panola College was $8,774 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Panola College seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$-6,494|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending Panola 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 Panola 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 reduce the total cost of attendance. 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.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about Panola College's endowment, check with the school directly.
To learn more about Panola College, choose from the options below:
Visit the College Confidential forums to join the conversation about Panola College