In 2022, tuition for full-time students at University of the Ozarks was $24,950 a year.
Tuition was the same price in 2022 as it was the year before. Usually, college tuition goes up about 3% every year.
If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay a lot 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.
University of the Ozarks is a private, religious institution, which means it has the same tuition for students from Arkansas 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 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. Don't forget to confirm your state's requirements for in-state residency. 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 the state you and your parents currently reside in.
Explore other Arkansas colleges
Tuition at University of the Ozarks is the same for each student.
International students are not eligible for loans or grants from the U.S. government, but may qualify for private or University of the Ozarks-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at University of the Ozarks:
•On-campus jobs •University of the Ozarks-specific loans •University of the Ozarks-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
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 University of the Ozarks.
Housing and campus dining at University of the Ozarks costs $8,358 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat in the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of board-only is $3,700.
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 real cost of books 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.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer resources for students with financial need to find ways to lower or eliminate these fees.
The total cost of getting around 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 small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your transportation budget. At University of the Ozarks, freshman are allowed to park on campus.
The location of a college or university can impact 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, getting around in a city is sometimes pricey, but there may be more buses, trains and affordable flights to actually get to school. The University of the Ozarks campus is in a rural setting in Arkansas.
When creating a budget for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to University of the Ozarks.
What will the cost of attending University of the Ozarks be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$8,358|
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.
The majority of University of the Ozarks undergrads use financial aid to finance their education. In 2022, 648 of the 784 undergrads enrolled received financial aid. University of the Ozarks meets 77.06% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $25,645.95 a year. Around 64.66% of University of the Ozarks undergrads take out student loans to cover any remaining costs. University of the Ozarks graduates who have student loans graduate with an average of $25,402.71 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|University of the Ozarks-Specific Loans||$10,510.58|
|Most Common Loans for University of the Ozarks 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 University of the Ozarks 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, University of the Ozarks awarded 646 need-based scholarships to students, giving away total of $13.6 million to help students with financial need cover the cost of school. An additional $2.72 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 University of the Ozarks 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 University of the Ozarks was $25,645.95 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of the Ozarks seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending University of the Ozarks 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the University of the Ozarks'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.
University of the Ozarks offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges 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.
University of the Ozarks 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.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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