Graceland University, Lamoni

In 2022, Graceland University's tuition was $32,500 a year.

Tuition increased 4% in 2023–from $31,250 the prior year. Usually, college tuition goes up about 3% every year.

If this information makes going to college sound impossible, remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college more manageable until after graduation.

Graceland University meets 70.78% of the demonstrated financial need for undergraduates. First-year students that attend Graceland University full-time are awarded $31,418.36 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $47,541 in student loans per borrower.

In-state vs. Out-of-state Tuition at Graceland University

Graceland University is a private, religious institution, so it has the same tuition for residents of Iowa 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 status can cut the cost of college tuition. Don't forget to verify your state's eligibility criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. 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 live in.

Explore other Iowa colleges

Is Graceland University's Tuition Different for International Students?

Tuition at Graceland 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 school-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Graceland University:

•Graceland University-specific scholarships

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

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Graceland University Housing 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 Graceland University.

Room and Board Costs at Graceland University

Housing and campus dining at Graceland University is $10,540 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the Graceland University's on-campus cafeterias and dining facilities. Students who live off campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of board-only is $4,090.

Board costs can depend on how many meals are included in the plan you choose.

Cost of Books at Graceland University

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 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.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also 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 resources so that those with financial need to get help covering these fees.

Transportation costs

The total cost of getting around 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 walkable? 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 Graceland University, 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 flip side, transportation in an urban area is sometimes pricey, but cities may offer more buses, trains or affordable flights to actually get to school. The Graceland University campus is located in a rural area in Iowa, not far from Des Moines.

Other Costs

When estimating your budget for college, don’t forget to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at Graceland University

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Graceland University.

Total Cost of Graceland University

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

2023 Total Tuition and Expenses
Tuition	$32,500
Room and Board	$10,540
Board Only	$6,450
Other expenses	$2,200

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

Total Estimated Costs
On-Campus	$45,960
Off-Campus	$41,870

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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Financial Aid at Graceland University

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The majority of Graceland University undergrads use financial aid to help pay for school. In 2023, 644 of the 902 undergrads enrolled received financial aid. Graceland University meets 70.78% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,418.36 a year. Around 93.28% of Graceland University undergrads take out student loans to cover any remaining costs. Graceland University graduates who have student loans graduate with an average of $47,541 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$31,173
Private Loans	$0

Most Common Loans for Graceland University Students
Federal Loans	91.6%

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 Graceland University financial aid, keep reading, or visit their financial aid website.

Scholarships at Graceland University

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, Graceland University awarded 617 need-based scholarships to students, giving away total of $13.8 million to help students with financial need cover the cost of school. An additional $690,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Graceland University

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 Graceland 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 Graceland University was $31,418.36 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Graceland University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$14,541.64
Off-Campus	$10,451.64

What will attending Graceland 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 Graceland University's net cost calculator on their website.

Graceland University 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.

Graceland University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition 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.

Graceland University'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.

For more information about Graceland University's endowment, check with the school directly.

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Learn More About Graceland University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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