Albertus Magnus College

In 2022, Albertus Magnus College's tuition was $38,424 a year.

Tuition increased 4.75% in 2023–from $36,682 the previous year. Usually, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

Albertus Magnus College meets 49.9% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Albertus Magnus College is around $31,204 a year.

Graduates in the class of 2023 had an average of $38,736 in student loans per borrower.

Does Albertus Magnus College Offer In-State and Out-of-State Tuition?

Albertus Magnus College is a private, religious institution, so it has the same tuition for residents of Connecticut as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's rules for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on where you live.

Explore other Connecticut colleges

Albertus Magnus College International Student Tuition

Albertus Magnus College has the same tuition for international students as for those from out of state.

International students are not eligible for loans or grants from the U.S. government, but may be eligible for private or Albertus Magnus College-specific aid and scholarships.

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

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Albertus Magnus College 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 Albertus Magnus College.

Room and Board Costs at Albertus Magnus College

Housing and campus dining at Albertus Magnus College is $15,338 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining facilities.

Meal-plan costs can depend on how many meals are included in the plan you choose.

Cost of Books at Albertus Magnus College

The cost of books often surprises first-year college students. The actual 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 books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources so that those with demonstrated need to find ways to lower or eliminate these costs.

Transportation costs

The 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 busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Albertus Magnus College, freshman are allowed to park on campus.

A school's location can also have a big effect on 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 costly, but cities may offer more buses, trains and low-cost flight options to actually get to school. The Albertus Magnus College campus is located in a suburb in Connecticut.

Other Costs

When you're planning for college, be sure 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.

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Financial Breakdown for Albertus Magnus College

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Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Albertus Magnus College.

How Much Does Albertus Magnus College Cost?

What will the cost of attending Albertus Magnus College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$38,424
Room and Board	$15,338

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

Total Estimated Costs
On-Campus	$55,262
Off-Campus	$39,924

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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Albertus Magnus College Financial Aid

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The majority of Albertus Magnus College undergrads use financial aid to finance their education. In 2023, 730 of the 987 undergrads enrolled received financial aid. Albertus Magnus College meets 49.9% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,204 a year. Around 85% of Albertus Magnus College undergrads take out student loans to cover any remaining costs. Albertus Magnus College graduates who have student loans graduate with an average of $38,736 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$30,446
Private Loans	$37,545

Most Common Loans for Albertus Magnus College Students
Federal Loans	85%
Private loans	19%

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 Albertus Magnus College financial aid, keep reading, or visit their financial aid website.

Scholarships at Albertus Magnus College

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, Albertus Magnus College awarded 536 need-based scholarships to students, giving away total of $4.7 million to help students with financial need cover the cost of school. An additional $11.64 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Albertus Magnus College

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 Albertus Magnus 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 Albertus Magnus College was $31,204 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Albertus Magnus College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$24,058
Off-Campus	$8,720

What will attending Albertus Magnus 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Albertus Magnus College's net cost calculator on their website.

Albertus Magnus College Tuition Payment Plans

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

Albertus Magnus College does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Albertus Magnus College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. 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.

Albertus Magnus College 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.

Albertus Magnus College'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.

For more information about Albertus Magnus College's endowment, check with the school directly.

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Learn More About Albertus Magnus College

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

Overview

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