Pepperdine University

In 2022, Pepperdine University's tuition was $65,990 a year.

In 2023, tuition increased 5.77%–from $62,390 the prior year. Usually, college tuition goes up about 3% every year.

If this makes attending the college of your dreams seem daunting, remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegefeel more doable until you're done with college.

Pepperdine University meets 76% of the demonstrated financial need for undergraduates. First-year students that attend Pepperdine University full-time are awarded $45,541 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $28,962 in student loans per borrower.

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

Pepperdine University is a private, religious institution, which means it has the same tuition for residents of California as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.

Attending an insitution where you are eligible for in-state tuition can save on the total cost of attending college. Don't forget to verify your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. 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 as well, depending on where you live.

Explore other California colleges

Do International Students Pay More to Go to Pepperdine University?

Tuition at Pepperdine University is the same for all students.

Students from outside of the U.S. are not eligible for federal financial aid, but should research private or school-specific aid and scholarships.

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Pepperdine University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; 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 Pepperdine University.

House and Food Costs at Pepperdine University

Room and board at Pepperdine University is $23,270 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat all or some of your meals the school dining facilities.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at Pepperdine University

The cost of books often surprises first-year college students. The real cost of books 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.

Annual Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways for students with demonstrated need to find ways to lower or eliminate these costs.

The Cost of Transportation at Pepperdine University

The 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 walkable? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on 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 flip side, getting around in an urban area is often expensive, but there may be more trains, busses and low-cost flight options to actually get to school. Pepperdine Universityis in a suburb in California, not far from Los Angeles.

Other Costs

When budgeting for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Pepperdine University

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Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Pepperdine University.

How Much Does Pepperdine University Cost?

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

2023 Total Tuition and Expenses
Tuition	$65,990
Room and Board	$23,270
Other expenses	$1,500

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$91,512
Off-Campus	$68,242

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.

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Financial Aid at Pepperdine University

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The majority of Pepperdine University undergrads use financial aid to to cover the cost of tuition. In 2023, 1,885 of the 3,662 undergrads enrolled received financial aid. Pepperdine University meets 76% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $45,541 a year. Around 47% of Pepperdine University undergrads take out student loans to cover any remaining costs. Pepperdine University graduates who have student loans graduate with an average of $28,962 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$20,517
Pepperdine University-Specific Loans	$14,695
Private Loans	$58,245

Most Common Loans for Pepperdine University Students
Federal Loans	46%
Institutional Loans	11%
Private loans	5%

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 Pepperdine University financial aid, keep reading, or visit their financial aid website.

Scholarships at Pepperdine 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, Pepperdine University awarded 1,875 need-based scholarships to students, giving away total of $78.7 million to help students with financial need cover the cost of school. An additional $22.24 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Pepperdine 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 Pepperdine 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 Pepperdine University was $45,541 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Pepperdine University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$45,971
Off-Campus	$22,701

What will attending Pepperdine 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 understand the actual cost of attending that school, based on their financial situation. You can find the Pepperdine University's net cost calculator on their website.

Pepperdine University Tuition Payment Plans

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

Pepperdine University does not have guaranteed tuition.

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

Pepperdine University Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Pepperdine 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.

Pepperdine 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.

As of 2022, the total market value of Pepperdine University's endowment was $1.205 billion. The average college endowment was $905 million in 2021. The school spends $17,171 for each full-time student enrolled.

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Learn More About Pepperdine University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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Admissions

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