The University of Toledo

In 2022, tuition for full-time students at The University of Toledo was $9,303 a year for in-state students and $18,662 a year for out-of-state students.

On average, college tuition goes up about 3% every year.

If this makes attending the college of your dreams sound impossible, remember, the advertized cost of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until you're done with college.

Tuition for international students at The University of Toledo is $18,662 per year.

The University of Toledo meets 64% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at The University of Toledo is around $13,109 a year.

The average student debt for graduates in the class of 2023 was around $24,743.51 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at The University of Toledo

The University of Toledo is a public, state institution, so it offers a reduced tuition rate of $9,303 for students who qualify as state residents and attend full-time.Non-Ohio residents can expect to pay 18,662 per year for tuition.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.

Explore other Ohio colleges

Do International Students Pay More to Go to The University of Toledo?

The University of Toledo has the same tuition for international students as for those from out of state.

International students at The University of Toledo can expect to pay around $18,662 per year, before any scholarships or financial aid.

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 school-specific grants, scholarships, and other funding opportunities.

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

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The University of Toledo Living 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 estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at The University of Toledo.

House and Food Costs at The University of Toledo

Room and board at The University of Toledo costs $13,506 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of a mean plan, or board-only, is $6,053.

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

Cost of Books at The University of Toledo

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

Yearly Fees

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

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways so that those who may struggle to participate because of cost can get help covering these costs.

The Cost of Transportation at The University of Toledo

The total 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 own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. At The University of Toledo, freshman are allowed to park on campus.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area can be expensive, but cities may offer more trains, busses and affordable flights to actually get to school. The University of Toledois in a city in Ohio, near Detroit.

Other Costs

When estimating your budget for college, be sure to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at The University of Toledo

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

How Much Does The University of Toledo Cost?

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

2023 Total Tuition and Expenses
In-state Tuition	$9,303
Out-of-State Tuition	$18,662
Room and Board	$13,506
Board Only	$2,465
Other expenses	$3,200

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 The University of Toledo

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In 2023, 5,213 of the 11,965 undergrads enrolled received financial aid. The University of Toledo meets 64% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $13,109 a year. Around 75% of The University of Toledo undergrads take out student loans to cover any remaining costs. The University of Toledo graduates who have student loans graduate with an average of $24,743.51 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,539.09
Private Loans	$20,484.39

Most Common Loans for The University of Toledo Students
Federal Loans	74%
Private loans	12%

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 The University of Toledo financial aid, keep reading, or visit their financial aid website.

Scholarships at The University of Toledo

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, The University of Toledo awarded 4,882 need-based scholarships to students, giving away total of $48.4 million to help students with financial need cover the cost of school. An additional $21.79 million in merit-based scholarship money was awarded to students without demonstrated financial need.

The University of Toledo 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 The University of Toledo 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 The University of Toledo was $13,109 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of The University of Toledo seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$1,167
Net In-state, Off-campus	$3,235
Out-of-State, On-Campus	$23,635

What will attending The University of Toledo 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 The University of Toledo's net cost calculator on their website.

The University of Toledo 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.

Does The University of Toledo Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a 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.

The University of Toledo'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 The University of Toledo's endowment was $306.9 million. The average college endowment was $905 million in 2021. The school spends $11,147 for each full-time student enrolled.

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Learn More About The University of Toledo

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