In 2021, tuition for full-time students at Drew University was $44,260 a year.
In 2023, tuition increased 2.75%–from $43,074 the previous year. On average, colleges raise tuition about 3% each year.
Remember, the displayed price of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until after graduation.
Drew University meets 85.7% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Drew University is around $36,892 a year.
In 2020, students graduated with an average of $24,362 in student loans for each student with debt.
Drew University is a private, religious institution, so it has the same tuition for residents of New Jersey as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as New Jersey residents.
Attending a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's rules for in-state tuition. 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 as well, depending on the state you and your parents currently live in.
Explore other New Jersey colleges
Tuition at Drew University is the same for all students.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Drew University:
•Drew University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Drew University.
Room and board at Drew University costs $16,404 a year. This number 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 Drew University's on-campus cafeterias and dining halls.
Meal-plan costs vary based on on how many meals are included in the plan you choose.
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 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 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 Greek Life, or playing on an intramural sports team. Many schools offer resources so that those who may struggle to participate because of cost can get help covering these costs.
The total 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 easy to get around on foot? Do you plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At Drew University, freshman are not allowed to park on campus.
The location of a college or university 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 flip side, getting around in an urban area could be expensive, but cities may offer more buses, trains and affordable flights to actually get to school. The Drew University campus is located in a suburb in New Jersey, not far from New York City.
When estimating your budget for college, don’t forget to consider 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 do a rundown of all of the costs associated with college, to get a better estimate of how much students can expect to shell out for Drew University.
What will the cost of attending Drew University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $44,260 |
Room and Board | $16,404 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $61,464 |
Off-Campus | $45,060 |
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 Drew University undergrads use financial aid to help pay for school. In 2023, 1,007 of the 1,568 undergrads enrolled received financial aid. Drew University meets 85.7% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $36,892 a year. Around 61% of Drew University undergrads take out student loans to cover any remaining costs. Drew University graduates who have student loans graduate with an average of $24,362 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $24,362 |
Private Loans | $0 |
Most Common Loans for Drew University Students | |
---|---|
Federal Loans | 61% |
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 Drew 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, Drew University awarded 1,006 need-based scholarships to students, giving away total of $29.5 million to help students with financial need cover the cost of school. An additional $8.86 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 Drew 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 Drew University was $36,892 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Drew University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $24,572 |
Off-Campus | $8,168 |
What will attending Drew 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 Drew 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 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.
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.
For more information about Drew University's endowment, check with the school directly.
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Tuition & Fees
$61,464
In State$61,464
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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