Usually, college tuition goes up about 3% every year.
If these numbers sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theprice of collegemore manageable until after graduation.
Concord University meets 81% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Concord University is around $8,836 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $24,370 of debt.
**Concord University is a public, state institution, **
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for those who qualify as West Virginia residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to confirm your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on the state you and your parents currently reside in.
Explore other West Virginia colleges
Tuition at Concord University is the same for each student.
Students from outside of the U.S. are not eligible for federal financial aid, but should research private or Concord University-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Concord University:
•On-campus jobs •Athletic Awards •Concord University-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
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 Concord University.
Board costs may vary depending on the number 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 actual cost of books and supplies 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 used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways so that those with demonstrated need to find ways to lower or eliminate these fees.
The cost of getting around 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 walkable? Do you plan to bring 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. At Concord University, freshman are allowed to park on campus.
Where are a college is located 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 may be expensive, but cities may offer more trains, busses and affordable flights to actually get to school. Concord Universityis located in a rural area in West Virginia.
When you're planning for college, be sure to consider personal expenses, 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 do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Concord University.
What will the cost of attending Concord University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
The majority of Concord University undergrads use financial aid to finance their education. In 2023, 897 of the 1,399 undergrads enrolled received financial aid. Concord University meets 81% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $8,836 a year. Around 94.71% of Concord University undergrads take out student loans to cover any remaining costs. Concord University graduates who have student loans graduate with an average of $24,370 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $20,853 |
Private Loans | $0 |
Most Common Loans for Concord University Students | |
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Federal Loans | 94.1% |
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 Concord 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 2023, Concord University awarded 727 need-based scholarships to students, giving away total of $5.5 million to help students with financial need cover the cost of school. An additional $4.51 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 Concord 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 Concord University was $8,836 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Concord University seem more manageable.
What will attending Concord 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 Concord 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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Concord University has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
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 Concord University's endowment was $44.2 million. The average college endowment was $905 million in 2021. For each full-time student, Concord University spends about $5,333 a year.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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