Understanding the Cost of Education at St. Edward’s University
St. Edward’s University, a private Catholic university in Austin, Texas, offers a wide range of undergraduate and graduate programs. Understanding the tuition fees associated with these programs is crucial for prospective students planning their higher education expenses. This article provides detailed information on St. Edward’s tuition fees, including breakdowns for different programs, financial aid options, and payment plans.
Undergraduate Tuition Fees
Undergraduate students at St. Edward’s University pay tuition based on their credit load and residency status. The table below outlines the tuition rates for the 2023-2024 academic year:
| Credit Load | Texas Resident | Non-Texas Resident |
|---|---|---|
| 12 credits or less | $17,200 | $22,920 |
| 13-18 credits | $22,920 | $30,560 |
| 19-24 credits | $27,640 | $36,880 |
| 25+ credits | $32,360 | $43,200 |
Additional Costs
In addition to tuition, undergraduate students at St. Edward’s University may incur additional costs, such as:
- Student fees: $1,160 per semester
- Health insurance: $1,714 per year (optional)
- Books and supplies: $1,000-$2,000 per year (estimated)
- Housing and dining: $12,000-$18,000 per year (if on campus)
Graduate Tuition Fees
Graduate students at St. Edward’s University pay tuition based on their program of study. The following table outlines the tuition rates for the 2023-2024 academic year:
| Program | Texas Resident | Non-Texas Resident |
|---|---|---|
| Master of Arts in Teaching | $22,920 | $30,560 |
| Master of Business Administration | $30,560 | $40,720 |
| Master of Science in Nursing | $36,880 | $49,280 |
| Doctor of Physical Therapy | $49,280 | $65,680 |
Financial Aid and Scholarships
St. Edward’s University offers a range of financial aid and scholarship programs to assist students with the cost of tuition and fees. Approximately 95% of undergraduate students receive some form of financial aid. The types of financial aid available include:
- Scholarships: Based on academic merit, financial need, and other criteria.
- Grants: Free money that does not need to be repaid.
- Loans: Funds that must be repaid after graduation.
- Work-study programs: Allow students to earn money through on-campus employment.
Payment Plans
St. Edward’s University offers several payment plans to help students manage their tuition and fee expenses. These plans include:
- Standard payment plan: Divide tuition and fees into four equal payments due at the beginning of each semester.
- Extended payment plan: Divide tuition and fees into smaller monthly payments.
- Third-party financing: Access loans or lines of credit through approved lenders.
FAQs
Q: How do I apply for financial aid at St. Edward’s University?
A: Fill out the Free Application for Federal Student Aid (FAFSA) and submit it to St. Edward’s University.
Q: What is the average cost of attendance at St. Edward’s University?
A: The average cost of attendance for a full-time undergraduate student is approximately $25,000.
Q: Are there any scholarships available for international students?
A: Yes, St. Edward’s University offers several scholarships specifically for international students.
Conclusion
Understanding the tuition fees associated with St. Edward’s University is essential for prospective students and their families. By carefully reviewing the information provided in this article, students can plan their financial strategy and explore the various financial aid options available to them. Remember, the cost of education should not be a barrier to pursuing your academic goals. With the right support and planning, you can make the most of your educational journey at St. Edward’s University.