In 2022, tuition for full-time students at Hofstra University was $54,335 a year.
In 2023, tuition increased 4.06%–from $52,215 the previous year. Usually, colleges raise tuition about 3% each year.
Remember, the displayed price of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theprice of collegemore manageable until after graduation.
Hofstra University meets 65% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Hofstra University is around $36,947 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $43,300 of debt.
Hofstra University is a private, nonprofit institution, so it has the same tuition for students from New York as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to verify your state's eligibility criteria for in-state tuition. 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 additional requirements too, depending on where you live.
Explore other New York colleges
Hofstra University has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.
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 Hofstra University.
Housing and campus dining at Hofstra University costs $16,699 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the school dining halls.
Board costs can depend on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. 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.
Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of getting around 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 small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At Hofstra University, freshman are allowed to park on campus.
A school's location can also have a big effect on 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 a city might be pricey, but cities may offer more trains, busses or affordable flights to actually get to school. Hofstra Universityis in a suburb in New York, not far from New York City.
When creating a budget for college, be sure to leave some room in your budget for 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 look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Hofstra University.
What will the cost of attending Hofstra University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $54,335 |
Room and Board | $16,699 |
Other expenses | $1,050 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $74,199 |
Off-Campus | $56,450 |
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 Hofstra University undergrads use financial aid to help pay for school. In 2023, 3,701 of the 6,077 undergrads enrolled received financial aid. Hofstra University meets 65% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $36,947 a year. Around 65% of Hofstra University undergrads take out student loans to cover any remaining costs. Hofstra University graduates who have student loans graduate with an average of $43,300 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $22,996 |
Hofstra University-Specific Loans | $6,614 |
Private Loans | $60,692 |
Most Common Loans for Hofstra University Students | |
---|---|
Federal Loans | 64% |
Institutional Loans | 0.2% |
Private loans | 22% |
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 Hofstra 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, Hofstra University awarded 3,616 need-based scholarships to students, giving away total of $91.3 million to help students with financial need cover the cost of school. An additional $50.05 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 Hofstra 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 Hofstra University was $36,947 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hofstra University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $37,252 |
Off-Campus | $19,503 |
What will attending Hofstra 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 Hofstra 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 make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , 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.
Hofstra University's endowment was valued at $639.1 million in 2023, compared to a national average of $905 million. The school spends $17,880 for each full-time student enrolled.
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Tuition & Fees
$73,149
In State$73,149
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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