Transylvania University

In 2022, tuition for full-time students at Transylvania University was $43,160 a year.

Tuition increased 3.01% in 2023–from $41,900 the prior year. On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

Transylvania University meets 81.89% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Transylvania University is around $33,893 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $34,548 of debt.

Transylvania University: In-state vs. Out-of-State Tuition

Transylvania University is a private, religious institution, which means it has the same tuition for students from KY as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Attending a college where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Be sure to check your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on the state you and your parents currently reside in.

Explore other KY colleges

Is Transylvania University's Tuition Different for International Students?

Tuition at Transylvania University is the same for all students.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Transylvania University-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Transylvania University:

•Transylvania University-specific scholarships

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

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Transylvania University Room, Board, 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 Transylvania University.

House and Food Costs at Transylvania University

Room and board at Transylvania University costs $13,270 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the Transylvania University's on-campus cafeterias and dining halls.

Board costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at Transylvania 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 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.

Annual Fees

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

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Transportation costs

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location 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 is often pricey, but there may be more buses, trains or affordable flights to actually get to school. The Transylvania University campus is located in a city in KY, not far from Cincinnati and Louisville.

Other Costs

When budgeting for college, don’t forget to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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The Full Cost of Attending Transylvania University

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

How Much Does Transylvania University Cost?

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

2023 Total Tuition and Expenses
Tuition	$43,160
Room and Board	$13,270
Other expenses	$1,600

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

Total Estimated Costs
On-Campus	$59,850
Off-Campus	$46,580

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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Transylvania University Financial Aid

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The majority of Transylvania University undergrads use financial aid to finance their education. In 2023, 627 of the 999 undergrads enrolled received financial aid. Transylvania University meets 81.89% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $33,893 a year. Around 68% of Transylvania University undergrads take out student loans to cover any remaining costs. Transylvania University graduates who have student loans graduate with an average of $34,548 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,829
Transylvania University-Specific Loans	$7,000
Private Loans	$47,583

Most Common Loans for Transylvania University Students
Federal Loans	67%
Institutional Loans	1%
Private loans	17%

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

Scholarships at Transylvania 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 2023, Transylvania University awarded 626 need-based scholarships to students, giving away total of $19.6 million to help students with financial need cover the cost of school. An additional $10.06 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Transylvania 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 Transylvania 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 Transylvania University was $33,893 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Transylvania University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$25,957
Off-Campus	$12,687

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

Transylvania University Tuition Payment Plans

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

Transylvania University does not have guaranteed tuition.

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

Transylvania University Tuition Waivers

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

Transylvania University 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.

Transylvania University's Endowment

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.

As of 2022, the total market value of Transylvania University's endowment was $240.8 million. The average college endowment was $905 million in 2021. For each full-time student, Transylvania University spends about $11,488 a year.

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Learn More About Transylvania University

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