In 2021, tuition for full-time Neumann University students was $33,900 a year.
Tuition increased 3.48% in 2023–from $32,760 the prior year. Usually, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams feel scary, remember, the "sticker price" of tuition doesn't tell the full story. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theprice of collegemore manageable until you've finishing school and found a job.
Neumann University meets 72% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Neumann University is around $31,350 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $42,124 of debt.
Neumann University is a private, religious institution, which means it has the same tuition for residents of Pennsylvania as it does for students who live in other states.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.
Choosing a school where you qualify for in-state tuition can save students a lot of money on the total cost of attending college. Be sure to confirm your state's requirements 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 additional requirements too, depending on the state you and your parents currently live in.
Explore other Pennsylvania colleges
Neumann University has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but should research private or Neumann University-specific grants, scholarships, and other funding opportunities.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Neumann University.
Housing and campus dining at Neumann University costs $15,010 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the school dining halls.
Meal-plan costs vary based on on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. 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.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be additional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools have resources so that those with financial need to get help covering these fees.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation 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 public transportation? All of these factors can make a big difference in 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 your transportation budget. 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 an urban area is often expensive, but cities may offer more buses, trains and affordable flights to actually get to school. The Neumann University campus is located in a suburb in Pennsylvania, near Philadelphia.
When you're planning for college, be sure to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Neumann University.
What will the cost of attending Neumann University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $33,900 |
Room and Board | $15,010 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $50,360 |
Off-Campus | $35,350 |
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 Neumann University undergrads use financial aid to help pay for school. In 2023, 1,097 of the 1,738 undergrads enrolled received financial aid. Neumann University meets 72% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $31,350 a year. Around 84% of Neumann University undergrads take out student loans to cover any remaining costs. Neumann University graduates who have student loans graduate with an average of $42,124 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $27,271 |
Private Loans | $56,633 |
Most Common Loans for Neumann University Students | |
---|---|
Federal Loans | 82% |
Private loans | 27% |
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 Neumann 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, Neumann University awarded 1,036 need-based scholarships to students, giving away total of $28 million to help students with financial need cover the cost of school. An additional $4.16 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 Neumann 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 Neumann University was $31,350 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Neumann University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $19,010 |
Off-Campus | $4,000 |
What will attending Neumann 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 Neumann 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 waiver tuition for 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, 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 2021, the total market value of Neumann University's endowment was $30.8 million. The average college endowment was $905 million in 2021. The school spends $7,118 for each full-time student enrolled.
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Tuition & Fees
$50,360
In State$50,360
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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