William Peace University

In 2022, tuition for full-time students at William Peace University was $32,550 a year.

Tuition was the same price in 2023 compare to the year before. Usually, college tuition goes up about 3% every year.

Remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college feel more doable until you're done with college.

William Peace University meets 39% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at William Peace University is around $32,617 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $21,927 of debt.

Does William Peace University Offer In-State and Out-of-State Tuition?

William Peace University is a private, religious institution, so it has the same tuition for students from North Carolina as it does for residents from other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for the reduced tuition offered to state residentscan save on the overall cost of college. Take the time to check your state's guidelines for how to qualify for as an in-state resident. 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 where you live.

Explore other North Carolina colleges

Is William Peace University's Tuition Different for International Students?

William Peace 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 William Peace University-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at William Peace University:

•William Peace University-specific scholarships

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

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William Peace University Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at William Peace University.

House and Food Costs at William Peace University

Room and board at William Peace University costs $12,040 a year. This includes 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 the number of meals you intend to eat on-campus

Cost of Books at William Peace 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 books from students who have already taken the course.

Annual Fees

Most schools also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources so that those with financial need to get help covering these fees.

Transportation costs

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 walkable? Do you plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At William Peace University, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on 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 an urban area is often pricey, but there may be more trains, busses and low-cost flight options to actually get to school. The William Peace University campus is in a city in North Carolina, near Raleigh-Cary.

Other Costs

When budgeting for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending William Peace University

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Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to William Peace University.

How Much Does William Peace University Cost?

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

2023 Total Tuition and Expenses
Tuition	$32,550
Room and Board	$12,040
Other expenses	$3,114

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

Total Estimated Costs
On-Campus	$48,204
Off-Campus	$36,164

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.

William Peace University’s tuition and fees change based on: •Academic program for both full and part-time students •Class time for both full and part-time students •Course load for both full and part-time students

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Financial Aid at William Peace University

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The majority of William Peace University undergrads use financial aid to to cover the cost of tuition. In 2023, 494 of the 738 undergrads enrolled received financial aid. William Peace University meets 39% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $32,617 a year. Around 94% of William Peace University undergrads take out student loans to cover any remaining costs. William Peace University graduates who have student loans graduate with an average of $21,927 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$18,075
Private Loans	$31,468

Most Common Loans for William Peace University Students
Federal Loans	94%
Private loans	11%

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 William Peace University financial aid, keep reading, or visit their financial aid website.

Scholarships at William Peace 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, William Peace University awarded 462 need-based scholarships to students, giving away total of $6.4 million to help students with financial need cover the cost of school. An additional $7.15 million in merit-based scholarship money was awarded to students without demonstrated financial need.

William Peace 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 William Peace 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 William Peace University was $32,617 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of William Peace University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$15,587
Off-Campus	$3,547

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

William Peace University Tuition Payment Plans

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

William Peace University does not have guaranteed tuition.

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

Does William Peace University Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

William Peace 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.

William Peace 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.

William Peace University's endowment was valued at $47.7 million in 2023, compared to a national average of $905 million.

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Learn More About William Peace University

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