Mount Mary University

Usually, college tuition goes up about 3% every year.

If these numbers seem daunting, 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 kick in. And, student loans can make thecost of college feel more doable until you're done with college.

Mount Mary University meets 42% of the demonstrated financial need for undergraduates. First-year students that attend Mount Mary University full-time are awarded $30,271 a year in financial aid, on average.

In 2020, students graduated with an average of $27,024 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Mount Mary University

Mount Mary University is a private, religious institution, so it has the same tuition for students from Wisconsin as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Wisconsin residents.

Choosing an insitution where you are eligible for the reduced tuition offered to state residentscan save on the cost of tuition, as well as loans and interest owed. Be sure to verify 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.

Explore other Wisconsin colleges

Is Mount Mary University's Tuition Different for International Students?

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

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

•Mount Mary University-specific scholarships

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

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Mount Mary University Room, Board, Fees, and More

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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 Mount Mary University.

House and Food Costs at Mount Mary University

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

How Much Do Books Cost at Mount Mary University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books 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 other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways for students who may struggle to participate because of cost can get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Mount Mary University

The 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 plan to bring a car or are you planning 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 flip side, transportation in a city could be costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Mount Mary Universityis in a city in Wisconsin, not far from Milwaukee.

Other Costs

When estimating your budget for college, be sure to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Mount Mary University

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Mount Mary University.

How Much Does Mount Mary University Cost?

What will the cost of attending Mount Mary 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 Mount Mary University

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The majority of Mount Mary University undergrads use financial aid to help pay for school. In 2023, 578 of the 726 undergrads enrolled received financial aid. Mount Mary University meets 42% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $30,271 a year. Around 84% of Mount Mary University undergrads take out student loans to cover any remaining costs. Mount Mary University graduates who have student loans graduate with an average of $27,024 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,379
State Loans	$4,000
Private Loans	$19,501

Most Common Loans for Mount Mary University Students
Federal Loans	84%
State loans	1%
Private loans	11%

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 Mount Mary University financial aid, keep reading, or visit their financial aid website.

Scholarships at Mount Mary 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, Mount Mary University awarded 578 need-based scholarships to students, giving away total of $14.9 million to help students with financial need cover the cost of school. An additional $1.1 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Mount Mary University Net Cost

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 Mount Mary 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 Mount Mary University was $30,271 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mount Mary University seem more manageable.

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

Mount Mary 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.

Does Mount Mary University Offer Tuition Waivers?

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 if you qualify for a 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.

Mount Mary 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.

Mount Mary University's endowment was valued at $22 million in 2023, compared to a national average of $905 million. For each full-time student, Mount Mary University spends about $10,271 a year.

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Learn More About Mount Mary University

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