In 2021, tuition for full-time students at Concordia College was $28,400 a year.
Tuition increased 3.27% in 2023–from $27,500 the previous year. Usually, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition does not tell the full story. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.
Concordia College meets 88.8% of the demonstrated financial need for undergraduates. First-year students that attend Concordia College full-time are awarded $33,523 a year in financial aid, on average.
Concordia College is a private, religious institution, which means it has the same tuition for residents of Minnesota as it does for residents from other states.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Minnesota residents.
Attending a college where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Take the time to check your state's criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. 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 where you live.
Explore other Minnesota colleges
Concordia 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 should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Concordia College:
•On-campus jobs •Loans from outsideConcordia College •Concordia College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of 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 Concordia College.
Housing and campus dining at Concordia College is $9,800 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the school dining facilities.
Board costs vary based on 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 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.
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 optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways for students with financial need to find ways to lower or eliminate these costs.
The total cost of transportation 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 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 Concordia College, freshman are allowed to park 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 could be pricey, but there may be more buses, trains and affordable flights to actually get to school. Concordia Collegeis in a suburb in Minnesota.
When you're planning for college, don’t forget to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Concordia College.
What will the cost of attending Concordia College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $28,400 |
Room and Board | $9,800 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $38,716 |
Off-Campus | $28,916 |
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 Concordia College undergrads use financial aid to finance their education. In 2023, 1,443 of the 2,010 undergrads enrolled received financial aid. Concordia College meets 88.8% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $33,523 a year. Around 74% of Concordia College undergrads take out student loans to cover any remaining costs.
Most Common Loans for Concordia College Students | |
---|---|
Federal Loans | 74% |
State loans | 6% |
Institutional Loans | 1% |
Private loans | 29% |
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 Concordia College 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, Concordia College awarded 1,432 need-based scholarships to students, giving away total of $38.3 million to help students with financial need cover the cost of school. An additional $13.13 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 Concordia 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 Concordia College was $33,523 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Concordia College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $5,193 |
Off-Campus | $-4,607 |
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending Concordia 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 Concordia College'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 offer tuition waivers to certain groups, to make attending more affordable. Some schools 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.
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 2021, the total market value of Concordia College's endowment was $129 million. The average college endowment was $905 million in 2021. The school spends $12,850 for each full-time student enrolled.
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Tuition & Fees
$38,716
In State$38,716
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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