Austin College

In 2022, Austin College's tuition was $45,840 a year.

Tuition increased 2.46% in 2023–from $44,740 the prior year. On average, colleges raise tuition about 3% each year.

If this information makes going to college seem daunting, remember, the advertized cost of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegefeel more doable until after graduation.

Austin College meets 89% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Austin College is around $39,533 a year.

Graduates in the class of 2023 had an average of $32,178 in student loans per borrower.

Does Austin College Offer In-State and Out-of-State Tuition?

Austin College is a private, religious institution, which means it has the same tuition for students from Texas 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 confirm your state's eligibility criteria for as an in-state resident. 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 other criteria too, depending on the state you and your parents currently reside in.

Explore other Texas colleges

Do International Students Pay More to Go to Austin College?

Tuition at Austin College is the same for all students.

International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Austin College-specific grants, scholarships, and other funding opportunities.

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

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Austin College Living Expenses, Fees, and More

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In addition to tuition, 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 Austin College.

House and Food Costs at Austin College

Housing and campus dining at Austin College costs $12,915 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Austin College's on-campus cafeterias and dining facilities.

Board costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Austin College?

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.

Yearly 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 certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways for students who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Austin College

The total cost of transportation in college depends on a few key factors. 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 plan to bring 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 estimated cost of transportation. At Austin College, freshman are allowed to park on campus.

A school's location 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 other hand transportation in a city can be pricey, but there may be more buses, trains or low-cost flight options to actually get to school. Austin Collegeis in a town in Texas, near Dallas-Fort Worth.

Other Costs

When you're planning for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Austin College

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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 Austin College.

How Much Does Austin College Cost?

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

2023 Total Tuition and Expenses
Tuition	$45,840
Room and Board	$12,915

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

Total Estimated Costs
On-Campus	$58,940
Off-Campus	$46,025

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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Austin College Financial Aid

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The majority of Austin College undergrads use financial aid to finance their education. In 2023, 761 of the 1,169 undergrads enrolled received financial aid. Austin College meets 89% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $39,533 a year. Around 60% of Austin College undergrads take out student loans to cover any remaining costs. Austin College graduates who have student loans graduate with an average of $32,178 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,165
State Loans	$42,817
Private Loans	$23,682

Most Common Loans for Austin College Students
Federal Loans	60%
State loans	9%
Private loans	9%

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 Austin College financial aid, keep reading, or visit their financial aid website.

Scholarships at Austin 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, Austin College awarded 761 need-based scholarships to students, giving away total of $25 million to help students with financial need cover the cost of school. An additional $12.82 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Austin College Net Cost

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 Austin 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 Austin College was $39,533 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Austin College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,407
Off-Campus	$6,492

What will attending Austin 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 Austin College's net cost calculator on their website.

Austin College Tuition Payment Plans

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.

Does Austin College Offer Tuition Waivers?

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 with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Austin 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.

As of 2022, the total market value of Austin College's endowment was $184.8 million. The average college endowment was $905 million in 2021. For each full-time student, Austin College spends about $11,436 a year.

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Learn More About Austin College

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