Southern Arkansas University-Magnolia

Usually, college tuition rises about 3% year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. 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 thecost of college feel more doable until after graduation.

Southern Arkansas University-Magnolia meets 83% of the demonstrated financial need for undergraduates. First-year students that attend Southern Arkansas University-Magnolia full-time are awarded $14,317 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $25,095 per student, not including those with no debt.

Does Southern Arkansas University-Magnolia Offer In-State and Out-of-State Tuition?

**Southern Arkansas University-Magnolia is a public, state institution, **

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Arkansas residents.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to verify your state's rules for in-state residency. 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 other criteria as well, depending on where you live.

Explore other Arkansas colleges

Tuition for International Students at Southern Arkansas University-Magnolia

Southern Arkansas University-Magnolia has the same tuition for international students as for those from out of state.

International students usually do not qualify for for federal financial aid, but may qualify for private or Southern Arkansas University-Magnolia-specific grants, scholarships, and other funding opportunities.

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Southern Arkansas University-Magnolia 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 Southern Arkansas University-Magnolia.

House and Food Costs at Southern Arkansas University-Magnolia

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

How Much Do Books Cost at Southern Arkansas University-Magnolia?

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 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 help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Most colleges offer resources so that those with demonstrated need to get help covering these costs.

The Cost of Transportation at Southern Arkansas University-Magnolia

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 walkable? Do you own a car, or are you planning to use public transportation? All of these questions 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 also have a big effect on 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 sometimes pricey, but cities may offer more trains, busses or affordable flights to actually get to school. The Southern Arkansas University-Magnolia campus is in a town in Arkansas.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Southern Arkansas University-Magnolia

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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 Southern Arkansas University-Magnolia.

How Much Does Southern Arkansas University-Magnolia Cost?

What will the cost of attending Southern Arkansas University-Magnolia 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.

Southern Arkansas University-Magnolia’s tuition and fees change based on: •Academic program for both full and part-time students •Course load for both full and part-time students

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Financial Aid at Southern Arkansas University-Magnolia

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The majority of Southern Arkansas University-Magnolia undergrads use financial aid to help pay for school. In 2023, 2,007 of the 3,148 undergrads enrolled received financial aid. Southern Arkansas University-Magnolia meets 83% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $14,317 a year. Around 53% of Southern Arkansas University-Magnolia undergrads take out student loans to cover any remaining costs. Southern Arkansas University-Magnolia graduates who have student loans graduate with an average of $25,095 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,669
Private Loans	$15,532

Most Common Loans for Southern Arkansas University-Magnolia Students
Federal Loans	52%
Private loans	3%

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 Southern Arkansas University-Magnolia financial aid, keep reading, or visit their financial aid website.

Scholarships at Southern Arkansas University-Magnolia

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, Southern Arkansas University-Magnolia awarded 1,284 need-based scholarships to students.

Net Cost of Southern Arkansas University-Magnolia

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 Southern Arkansas University-Magnolia 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 Southern Arkansas University-Magnolia was $14,317 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Southern Arkansas University-Magnolia seem more manageable.

What will attending Southern Arkansas University-Magnolia 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 Southern Arkansas University-Magnolia's net cost calculator on their website.

Southern Arkansas University-Magnolia Tuition Payment Plans

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

Southern Arkansas University-Magnolia does not have guaranteed tuition.

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

Southern Arkansas University Magnolia Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Southern Arkansas University Magnolia has some full or partial tuition waivers available for: - X - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Southern Arkansas University-Magnolia'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.

Southern Arkansas University-Magnolia's endowment was valued at $49.1 million in 2023, compared to a national average of $905 million. The school spends $4,826 for each full-time student enrolled.

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Learn More About Southern Arkansas University-Magnolia

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To learn more about Southern Arkansas University-Magnolia, choose from the options below:

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