Southwestern University

In 2022, tuition for full-time students at Southwestern University was $50,558 a year.

In 2023, tuition increased 4.35%–from $48,450 the prior year. Usually, college tuition goes up about 3% every year.

If these numbers feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college feel more doable until you're done with college.

Southwestern University meets 86% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Southwestern University is around $42,572 a year.

In 2020, students graduated with an average of $30,497 in student loans for each student with debt.

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

Southwestern University is a private, religious institution, which means it has the same tuition for residents of Texas as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as Texas residents.

Choosing a school where you qualify for the reduced tuition offered to state residentscan save students a lot of money on the overall cost of college. Be sure to verify 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 additional requirements too, depending on the state you and your parents currently live in.

Explore other Texas colleges

Is Southwestern University's Tuition Different for International Students?

Southwestern 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 Southwestern University-specific aid and scholarships.

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

---

Southwestern University Room, Board, Fees, and More

---

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 Southwestern University.

House and Food Costs at Southwestern University

Housing and campus dining at Southwestern University is $14,726 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the Southwestern University's on-campus cafeterias and dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can opt-in for a meal plan. The cost of a mean plan, or board-only, is $11,800.

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

Cost of Books at Southwestern 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 and supplies 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

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The total cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. At Southwestern University, freshman are allowed to park 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 usually pricey, but there may be more trains, busses and low-cost flight options to actually get to school. Southwestern Universityis in a suburb in Texas, not far from Austin.

Other Costs

When you're planning for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.

---

Financial Breakdown for Southwestern University

---

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

How Much Does Southwestern University Cost?

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

2023 Total Tuition and Expenses
Tuition	$50,558
Room and Board	$14,726
Board Only	$4,550
Other expenses	$1,190

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

Total Estimated Costs
On-Campus	$66,474
Off-Campus	$56,328

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.

---

Financial Aid at Southwestern University

---

The majority of Southwestern University undergrads use financial aid to to cover the cost of tuition. In 2023, 866 of the 1,491 undergrads enrolled received financial aid. Southwestern University meets 86% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $42,572 a year. Around 56% of Southwestern University undergrads take out student loans to cover any remaining costs. Southwestern University graduates who have student loans graduate with an average of $30,497 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,105
State Loans	$37,412
Southwestern University-Specific Loans	$7,414
Private Loans	$37,180

Most Common Loans for Southwestern University Students
Federal Loans	55%
State loans	4%
Institutional Loans	2%
Private loans	7%

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

Scholarships at Southwestern 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, Southwestern University awarded 856 need-based scholarships to students, giving away total of $31.3 million to help students with financial need cover the cost of school. An additional $15.78 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Southwestern 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 Southwestern 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 Southwestern University was $42,572 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Southwestern University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$23,902
Off-Campus	$13,756

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

Southwestern University Tuition Payment Plans

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

Southwestern University does not have guaranteed tuition.

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

Southwestern University Tuition Waivers

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Southwestern 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.

Southwestern 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 Southwestern University's endowment was $366.4 million. The average college endowment was $905 million in 2021. For each full-time student, Southwestern University spends about $14,859 a year.

---

Learn More About Southwestern University

---

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

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Southwestern University