In 2021, Thomas More University's tuition was $34,060 a year.
In 2023, tuition increased 3.02%–from $33,060 the prior year. Usually, college tuition goes up about 3% every year.
If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.
Thomas More University meets 73% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Thomas More University is around $24,509 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $33,687 of debt.
Thomas More University is a private, religious institution, which means it has the same tuition for residents of KY 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.
Choosing an insitution where you qualify for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Don't forget to verify 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 other criteria as well, depending on the state you and your parents currently live in.
Tuition at Thomas More 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 grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Thomas More University:
•On-campus jobs •Thomas More University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
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 Thomas More University.
Housing and campus dining at Thomas More University costs $10,014 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the school dining halls.
Meal-plan costs can depend on how many meals are included in the plan you choose.
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 books from students who have already taken the course.
The majority of colleges also have 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 additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The total cost of getting around in college can really vary. 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 are you planning to use public transportation? All of these factors can drastically impact 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 your transportation budget. 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 is often expensive, but there may be more trains, busses or affordable flights to actually get to school. Thomas More Universityis in a suburb in KY, not far from Cincinnati.
When creating a budget for college, don’t forget to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Thomas More University.
What will the cost of attending Thomas More University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $34,060 |
Room and Board | $10,014 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $45,824 |
Off-Campus | $35,810 |
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.
The majority of Thomas More University undergrads use financial aid to finance their education. In 2023, 1,038 of the 1,892 undergrads enrolled received financial aid. Thomas More University meets 73% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $24,509 a year. Around 70% of Thomas More University undergrads take out student loans to cover any remaining costs. Thomas More University graduates who have student loans graduate with an average of $33,687 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $27,030 |
Thomas More University-Specific Loans | $2,953 |
Private Loans | $26,813 |
Most Common Loans for Thomas More University Students | |
---|---|
Federal Loans | 70% |
Institutional Loans | 2% |
Private loans | 18% |
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 Thomas More University financial aid, keep reading, or visit their financial aid website.
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, Thomas More University awarded 1,013 need-based scholarships to students, giving away total of $19.6 million to help students with financial need cover the cost of school. An additional $4.74 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Thomas More 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 Thomas More University was $24,509 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Thomas More University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $21,315 |
Off-Campus | $11,301 |
What will attending Thomas More 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Thomas More University's net cost calculator on their website.
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.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. 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.
Check the financial aid website for more information on payment plans and tuition waivers.
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 2021, the total market value of Thomas More University's endowment was $20.7 million. The average college endowment was $905 million in 2021.
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Tuition & Fees
$45,824
In State$45,824
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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