Stevenson University

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

If this information makes going to college sound impossible, 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 total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make thecost of college more manageable until after graduation.

Stevenson University meets 82.58% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Stevenson University is around $32,704 a year.

In 2020, students graduated with an average of $30,875 in student loans for each student with debt.

In-state vs. Out-of-state Tuition at Stevenson University

Stevenson University is a private institution, so it has the same tuition for residents of Maryland as it does for residents from other states.

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

Attending a college where you qualify for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to verify your state's rules for in-state residency. 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 as well, depending on the state you and your parents currently reside in.

Explore other Maryland colleges

Is Stevenson University's Tuition Different for International Students?

Tuition at Stevenson University is the same for all students.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Stevenson University-specific grants, scholarships, and other funding opportunities.

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Stevenson University Housing Expenses, 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 planning for college. Let's take a look at what impacts these costs, and what to expect at Stevenson University.

Room and Board Costs at Stevenson University

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

How Much Do Books Cost at Stevenson 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 used textbooks and materials.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students with demonstrated need to find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Stevenson University

The cost of transportation 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 plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your transportation budget. At Stevenson University, freshman are allowed to park on campus.

Where are a college is located can impact 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 may be pricey, but cities may offer more buses, trains and affordable flights to actually get to school. Stevenson Universityis located in a suburb in Maryland, not far from Baltimore.

Other Costs

When you're planning for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Stevenson University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Stevenson University.

Total Cost of Stevenson University

What will the cost of attending Stevenson 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 Stevenson University

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The majority of Stevenson University undergrads use financial aid to help pay for school. In 2023, 1,858 of the 3,344 undergrads enrolled received financial aid. Stevenson University meets 82.58% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $32,704 a year. Around 70% of Stevenson University undergrads take out student loans to cover any remaining costs. Stevenson University graduates who have student loans graduate with an average of $30,875 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$19,376
Private Loans	$44,406

Most Common Loans for Stevenson University Students
Federal Loans	68%
Private loans	19%

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

Scholarships at Stevenson 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, Stevenson University awarded 1,833 need-based scholarships to students, giving away total of $57 million to help students with financial need cover the cost of school. An additional $15.53 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Stevenson University

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 Stevenson 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 Stevenson University was $32,704 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Stevenson University seem more manageable.

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

Stevenson 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.

Stevenson University Tuition Waivers

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

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

Stevenson 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.

Stevenson University's endowment was valued at $98.3 million in 2023, compared to a national average of $905 million. For each full-time student, Stevenson University spends about $11,469 a year.

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Learn More About Stevenson University

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To learn more about Stevenson University, choose from the options below:

Overview

Student Life

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