Molloy University

Usually, college tuition rises about 3% year.

If this makes attending the college of your dreams sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until after graduation.

Molloy University meets 52% of the demonstrated financial need for undergraduates. First-year students that attend Molloy University full-time are awarded $22,538 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $34,471 of debt.

Does Molloy University Offer In-State and Out-of-State Tuition?

Molloy University is a private institution, so it has the same tuition for students from New York 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 an insitution where you qualify for in-state tuition can save on the overall cost of college. Don't forget to check your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on the state you and your parents currently reside in.

Explore other New York colleges

Tuition for International Students at Molloy University

Molloy University has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Molloy University-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Molloy University:

•Athletic Awards •Molloy University-specific scholarships

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

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Molloy University Living 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 Molloy University.

House and Food Costs at Molloy University

Board costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at Molloy University

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 textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools 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 Greek Life, or participating in sports or other extracurriculars. Many schools offer resources for students with demonstrated need to find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Molloy University

The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. At Molloy University, freshman are allowed to park on campus.

Where are a college is located can impact 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 other hand transportation in a city is sometimes pricey, but there may be more trains, busses or affordable flights to actually get to school. Molloy Universityis located in a town in New York, near New York City.

Other Costs

When budgeting for college, don’t forget to take into account personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Molloy University

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending Molloy University.

Total Cost of Molloy University

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

2023 Total Tuition and Expenses

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.

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Financial Aid at Molloy University

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The majority of Molloy University undergrads use financial aid to finance their education. In 2023, 2,055 of the 3,271 undergrads enrolled received financial aid. Molloy University meets 52% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $22,538 a year. Around 71% of Molloy University undergrads take out student loans to cover any remaining costs. Molloy University graduates who have student loans graduate with an average of $34,471 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,331
Private Loans	$43,176

Most Common Loans for Molloy University Students
Federal Loans	70%
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 Molloy University financial aid, keep reading, or visit their financial aid website.

Scholarships at Molloy 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, Molloy University awarded 1,942 need-based scholarships to students, giving away total of $29.6 million to help students with financial need cover the cost of school. An additional $8.22 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Molloy 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 Molloy 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 Molloy University was $22,538 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Molloy University seem more manageable.

What will attending Molloy 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Molloy University's net cost calculator on their website.

Molloy University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Molloy University does not have guaranteed tuition.

Molloy University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Molloy University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools 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.

Molloy University 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.

Molloy 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.

Molloy University's endowment was valued at $44.6 million in 2023, compared to a national average of $905 million. For each full-time student, Molloy University spends about $15,110 a year.

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Learn More About Molloy University

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Choose one of the options below to find out more about about Molloy University:

Overview

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