On average, colleges raise tuition about 3% each year.
Remember, the displayed price of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theactual cost of attending college more manageable until after graduation.
University of Puget Sound meets 84% of the demonstrated financial need for undergraduates. First-year students that attend University of Puget Sound full-time are awarded $44,708 a year in financial aid, on average.
In 2020, students graduated with an average of $28,854 in student loans for each student with debt.
University of Puget Sound is a private, nonprofit institution, so it has the same tuition for students from Washington as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for those who qualify as Washington residents.
Attending a school where you qualify for the reduced tuition offered to state residentscan save students a lot of money on the total cost of attending college. Take the time to confirm your state's eligibility 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 reside in.
Explore other Washington colleges
University of Puget Sound has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, 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 University of Puget Sound.
Board costs vary based on on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. 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.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources for students with financial need to get help covering 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 plan to bring a car or will you need to use public transportation? All of these questions can drastically impact your transportation budget. At University of Puget Sound, freshman are allowed to park on campus.
The location of a college or university 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 flip side, transportation in a city could be costly, but there may be more trains, busses or affordable flights to actually get to school. University of Puget Soundis located in a city in Washington, not far from Seattle.
When estimating your budget for college, be sure to factor in personal expenses, 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 go over all of the costs we've covered, to get a better idea of what is really costs to go to University of Puget Sound.
What will the cost of attending University of Puget Sound be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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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.
In 2023, 883 of the 1,866 undergrads enrolled received financial aid. University of Puget Sound meets 84% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $44,708 a year. Around 53.1% of University of Puget Sound undergrads take out student loans to cover any remaining costs. University of Puget Sound graduates who have student loans graduate with an average of $28,854 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $21,434 |
Private Loans | $52,382 |
Most Common Loans for University of Puget Sound Students | |
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Federal Loans | 52.6% |
Private loans | 7.73% |
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 University of Puget Sound 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, University of Puget Sound awarded 879 need-based scholarships to students, giving away total of $35.7 million to help students with financial need cover the cost of school. An additional $20.32 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 University of Puget Sound 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 University of Puget Sound was $44,708 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Puget Sound seem more manageable.
What will attending University of Puget Sound 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 University of Puget Sound'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 offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , 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.
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.
University of Puget Sound's endowment was valued at $378.6 million in 2023, compared to a national average of $905 million. The school spends $19,896 for each full-time student enrolled.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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