In 2022, tuition for full-time students at Iowa State University of Science and Technology was $8,678 a year for in-state students and $25,162 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
If these numbers sound impossible, remember, the "sticker price" of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until you're done with college.
Tuition for international students at Iowa State University of Science and Technology is $26,930 per year.
Iowa State University of Science and Technology meets 77% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Iowa State University of Science and Technology is around $13,993 a year.
In 2020, students graduated with an average of $29,454 in student loans for each student with debt.
Iowa State University of Science and Technology is a public, state institution, so it offers a reduced tuition rate of $8,678 for students who qualify as state residents and attend full-time.Non-Iowa residents can expect to pay 25,162 per year for tuition.
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 an insitution where you qualify for in-state tuition can save significant money on the cost of tuition, as well as loans and interest owed. Don't forget to check your state's guidelines for how to qualify for as an in-state resident. 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 additional requirements too, depending on where you live.
Tuition at Iowa State University of Science and Technology is higher for international students than it is for out-of-state students.
International students at Iowa State University of Science and Technology usually pay around $26,930 per year, before any scholarships, grants or other financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research 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.
In addition to the cost of 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 Iowa State University of Science and Technology.
Room and board at Iowa State University of Science and Technology is $9,358 a year. This includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the school dining facilities. Students who do not live on-campus but still want to use the dining facilities can choose to be on a meal plan. The cost of board-only is $4,725.
Board costs can depend on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real 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 used textbooks and materials.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students with financial need to find ways to lower or eliminate these costs.
The total 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 busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located 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 a city is usually costly, but cities may offer more trains, busses or low-cost flight options to actually get to school. The Iowa State University of Science and Technology campus is located in a suburb in Iowa, near Des Moines.
When budgeting for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Iowa State University of Science and Technology.
What will the cost of attending Iowa State University of Science and Technology be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
In-state Tuition | $8,678 |
Out-of-State Tuition | $25,162 |
Room and Board | $9,358 |
Board Only | $4,633 |
Other expenses | $2,890 |
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.
Iowa State University of Science and Technology’s tuition and fees change based on: •Academic program for both full and part-time students •Class time for both full and part-time students •Course load for part-time students •Course level for both full and part-time students
In 2023, 11,504 of the 25,367 undergrads enrolled received financial aid. Iowa State University of Science and Technology meets 77% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $13,993 a year. Around 57% of Iowa State University of Science and Technology undergrads take out student loans to cover any remaining costs. Iowa State University of Science and Technology graduates who have student loans graduate with an average of $29,454 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $21,539 |
State Loans | $37,844 |
Iowa State University of Science and Technology-Specific Loans | $5,503 |
Private Loans | $30,353 |
Most Common Loans for Iowa State University of Science and Technology Students | |
---|---|
Federal Loans | 56% |
State loans | 1% |
Institutional Loans | 1% |
Private loans | 14% |
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 Iowa State University of Science and Technology 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, Iowa State University of Science and Technology awarded 11,416 need-based scholarships to students, giving away total of $136.4 million to help students with financial need cover the cost of school. An additional $63.57 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 Iowa State University of Science and Technology 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 Iowa State University of Science and Technology was $13,993 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Iowa State University of Science and Technology seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $-5,605 |
Net In-state, Off-campus | $3,663 |
Out-of-State, On-Campus | $24,872 |
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 Iowa State University of Science and Technology 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Iowa State University of Science and Technology'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.
Iowa State University of Science and Technology does not have guaranteed tuition.
Iowa State University of Science and Technology offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
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, 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.
As of 2022, the total market value of Iowa State University of Science and Technology's endowment was $1.5 billion. The average college endowment was $905 million in 2021. The school spends $8,479 for each full-time student enrolled.
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Tuition & Fees
$19,491
In State$35,975
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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