In 2022, tuition for full-time students at Valparaiso University was $43,400 a year.
Tuition was the same price in 2022 as it was the year before. Usually, college tuition rises about 3% year.
If these numbers sound impossible, remember, the advertized cost of tuition does not always mean much if you plan to use financial aid to help pay for college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until you've finishing school and found a job.
Valparaiso University is a private, religious institution, which means it has the same tuition for students from Indiana 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 residency can cut the cost of college tuition. Be sure to confirm your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 additional requirements too, depending on the state you and your parents currently reside in.
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Tuition at Valparaiso University is the same for every student.
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 without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Valparaiso University.
Housing and campus dining at Valparaiso University is $13,180 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat all or some of your meals the Valparaiso University's on-campus cafeterias and dining halls. Students who live off campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of a mean plan, or board-only, is $5,400.
Meal-plan costs vary based on on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual 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 books from students who have already taken the course.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways for students with demonstrated need to get help covering these fees.
The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location 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 transportation in an urban area is sometimes expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. The Valparaiso University campus is in a small town setting in Indiana, near Chicago.
When estimating your budget for college, don’t forget to take into account the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Valparaiso University.
What will the cost of attending Valparaiso University be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
Tuition | $43,400 |
Room and Board | $13,180 |
Board Only | $3,500 |
Other expenses | $870 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $60,046 |
Off-Campus | $50,366 |
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.
Valparaiso University’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students
The majority of Valparaiso University undergrads use financial aid to finance their education. In 2022, 2,067 of the 2,507 undergrads enrolled received financial aid. Valparaiso University meets 95% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $35,580 a year. Around 74.5% of Valparaiso University undergrads take out student loans to cover any remaining costs. Valparaiso University graduates who have student loans graduate with an average of $39,169 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $26,809 |
Valparaiso University-Specific Loans | $4,732 |
Private Loans | $39,685 |
Most Common Loans for Valparaiso University Students | |
---|---|
Federal Loans | 73.6% |
Institutional Loans | 3.5% |
Private loans | 23.4% |
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 Valparaiso University 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, Valparaiso University awarded 2,066 need-based scholarships to students, giving away total of $50 million to help students with financial need cover the cost of school. An additional $26.56 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 Valparaiso 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 Valparaiso University was $35,580 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Valparaiso University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $24,466 |
Off-Campus | $14,786 |
What will attending Valparaiso 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Valparaiso University'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.
Valparaiso University 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 offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Valparaiso 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.
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Tuition & Fees
$59,176
In State$59,176
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