Usually, college tuition goes up about 3% every year.
If this makes attending the college of your dreams seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make thecost of college feel more doable until you're done with college.
Framingham State University meets 61.4% of the demonstrated financial need for undergraduates. First-year students that attend Framingham State University full-time are awarded $11,973 a year in financial aid, on average.
In 2020, students graduated with an average of $32,983 in student loans for each student with debt.
**Framingham State University is a public, state institution, **
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as Massachusetts residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to verify your state's criteria for in-state tuition. 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 as well, depending on where you live.
Explore other Massachusetts colleges
Framingham State University has the same tuition for international students as for those from out of state.
International students usually do not qualify for for federal financial aid, but should research private or Framingham State University-specific aid and 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 Framingham State 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 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.
Most schools 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 special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have ways for students who may struggle to participate because of cost can get help covering these costs.
The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or are you planning to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At Framingham State University, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. 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 might be costly, but cities may offer more trains, busses and affordable flights to actually get to school. Framingham State Universityis located in a suburb in Massachusetts, not far from Boston.
When you're planning for college, don’t forget to consider personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Framingham State University.
What will the cost of attending Framingham State 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 Framingham State University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,732 of the 3,213 undergrads enrolled received financial aid. Framingham State University meets 61.4% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $11,973 a year. Around 80.4% of Framingham State University undergrads take out student loans to cover any remaining costs. Framingham State University graduates who have student loans graduate with an average of $32,983 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $24,007 |
State Loans | $2,597 |
Private Loans | $30,826 |
Most Common Loans for Framingham State University Students | |
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Federal Loans | 79.3% |
State loans | 23.7% |
Private loans | 22.3% |
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 Framingham State 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, Framingham State University awarded 1,547 need-based scholarships to students, giving away total of $14 million to help students with financial need cover the cost of school. An additional $1 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 Framingham State 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 Framingham State University was $11,973 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Framingham State University seem more manageable.
What will attending Framingham State 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 understand the actual cost of attending that school, based on their financial situation. You can find the Framingham State 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 reduce the total cost of attendance. 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.
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.
Framingham State University's endowment was valued at $46.6 million in 2023, compared to a national average of $905 million. The school spends $7,207 for each full-time student enrolled.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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