On average, colleges raise tuition about 3% each year.
If these numbers feel scary, remember, the "sticker price" of tuition does not mean much if you plan to use financial aid to help pay for college. Many students pay far less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make the amount you do have to pay for college more manageable until you're done with college.
Kent State University at Trumbull meets 55.1% of the demonstrated financial need for undergraduates. First-year students that attend Kent State University at Trumbull full-time are awarded $8,122 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $36,433 in student loans per borrower.
**Kent State University at Trumbull is a public, state institution, **
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 are eligible for in-state tuition can drastically reduce the overall cost of college. Take the time to check your state's guidelines for how to qualify 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 too, depending on where you live.
Kent State University at Trumbull 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 with need may be eligible for the following types of financial support at Kent State University at Trumbull:
•Kent State University at Trumbull-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of 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 Kent State University at Trumbull.
Kent State University at Trumbull does not provide on-campus housing for students, so there are no charge for dorms, however you should take into account other housing costs when evaluating the cost of various schools
Meal-plan 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 and supplies 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.
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 Greek Life, or participating in sports or other extracurriculars. Many schools offer resources for students who may struggle to participate because of cost can get help covering these fees.
The cost of transportation in college depends on a few key factors. 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 will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget.
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 getting around in an urban area might be costly, but cities may offer more trains, busses or affordable flights to actually get to school. The Kent State University at Trumbull campus is in a suburb in Ohio, near Akron and Youngstown.
When budgeting for college, don’t forget to factor in 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 the actual cost of attending Kent State University at Trumbull.
What will the cost of attending Kent State University at Trumbull 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.
In 2023, 375 of the 1,732 undergrads enrolled received financial aid. Kent State University at Trumbull meets 55.1% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $8,122 a year. Around 57% of Kent State University at Trumbull undergrads take out student loans to cover any remaining costs. Kent State University at Trumbull graduates who have student loans graduate with an average of $36,433 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $29,177 |
Private Loans | $58,053 |
Most Common Loans for Kent State University at Trumbull Students | |
---|---|
Federal Loans | 57% |
Private loans | 7% |
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 Kent State University at Trumbull 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, Kent State University at Trumbull awarded 315 need-based scholarships to students, giving away total of $2.4 million to help students with financial need cover the cost of school. An additional $320,000 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 Kent State University at Trumbull 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 Kent State University at Trumbull was $8,122 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Kent State University at Trumbull seem more manageable.
What will attending Kent State University at Trumbull 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 Kent State University at Trumbull'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.
Kent State University at Trumbull 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 offset the cost of attending. Some colleges 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.
Kent State University at Trumbull has some full or partial tuition waivers available for: - Employees or Children of Employees
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 Kent State University at Trumbull's endowment was $164.8 million. The average college endowment was $905 million in 2021. The school spends $9,200 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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