The University of St. Francis (USF) is a private, Catholic university located in Joliet, Illinois. Founded in 1874, USF offers undergraduate, graduate, and doctoral programs in various disciplines. Understanding the cost of attending USF is crucial for prospective students and their families. This article provides a comprehensive breakdown of USF’s tuition, fees, and other expenses.
Cost of Attendance
The cost of attendance at USF is a significant investment, varying depending on enrollment status, program, and living arrangements. According to the College Board’s 2021-2022 Trends in College Pricing report, the average total cost of attendance for a four-year private college is $51,690. USF’s cost of attendance is comparable to other similar private institutions.
Undergraduate Tuition and Fees
For the 2023-2024 academic year, the undergraduate tuition and fees for full-time students are as follows:
| Category | Tuition | Fees |
|---|---|---|
| In-State | $28,430 | $5,130 |
| Out-of-State | $29,730 | $5,130 |
Part-time undergraduate students pay a per-credit-hour rate:
| Category | Tuition |
|---|---|
| In-State | $948 |
| Out-of-State | $991 |
Graduate Tuition and Fees
Graduate tuition and fees vary depending on the program. For the 2023-2024 academic year, the following are sample rates:
| Program | Tuition | Fees |
|---|---|---|
| Master of Business Administration (MBA) | $1,095 per credit hour | $750 |
| Master of Science in Nursing (MSN) | $895 per credit hour | $750 |
| Doctor of Education (EdD) | $1,145 per credit hour | $750 |
On-Campus Housing and Meal Plans
Living on campus offers convenience and access to university resources. USF provides various on-campus housing options, including residence halls, apartments, and townhouses. The cost of on-campus housing varies depending on the type of room and meal plan selected. For the 2023-2024 academic year, the estimated cost for on-campus housing and meal plans ranges from $10,000 to $13,000.
Other Expenses
In addition to tuition and fees, students should consider other expenses associated with attending university, such as:
- Books and supplies: The cost of textbooks and course materials can vary depending on the courses taken.
- Transportation: Students who live off campus may need to factor in the cost of transportation to and from campus.
- Personal expenses: This includes costs such as laundry, toiletries, and entertainment.
- Health insurance: Students who do not have health insurance through their parents or other sources may need to purchase health insurance through the university.
Financial Aid
USF is committed to making a college education affordable for all students. The university offers a variety of financial aid options, including grants, scholarships, and student loans. In 2021-2022, USF awarded over $40 million in financial aid to its students.
Grants
Grants do not need to be repaid and are typically awarded based on financial need. Examples of grants offered at USF include the Federal Pell Grant and the Illinois Monetary Award Program (MAP) Grant.
Scholarships
Scholarships are awarded based on merit, academic achievement, and other factors. Many scholarships are offered by USF and outside organizations.
Student Loans
Student loans must be repaid, with interest. USF offers federal and private student loans to help students finance their education.
Why the Cost of College Matters
The cost of college is a major concern for many students and families. While the investment can be significant, it’s important to consider the benefits of a college education:
- Higher earning potential: College graduates earn significantly more over their lifetimes compared to those with only a high school diploma.
- Improved job opportunities: A college degree opens doors to a wider range of career opportunities.
- Personal growth and development: College provides opportunities for students to expand their knowledge, critical thinking skills, and personal maturity.
Common Mistakes to Avoid
When it comes to financing a college education, there are some common mistakes that students and families should avoid:
- Borrowing too much: While student loans can be helpful, it’s important to borrow only what is necessary. Too much debt can be a burden after graduation.
- Ignoring financial aid: Many students qualify for financial aid but fail to apply. It’s important to explore all financial aid options to reduce the overall cost of college.
- Not considering scholarships: Scholarships can significantly reduce the cost of college. Students should apply for as many scholarships as possible to increase their chances of receiving awards.
FAQs
1. What is the average cost of attendance at USF?
The average cost of attendance for full-time undergraduate students is approximately $33,560 per academic year (including tuition, fees, and on-campus housing and meal plan).
2. Does USF offer financial aid?
Yes, USF offers a variety of financial aid options, including grants, scholarships, and student loans.
3. How do I apply for financial aid?
Students must complete the Free Application for Federal Student Aid (FAFSA) to apply for federal and state financial aid. USF’s financial aid code is 001625.
4. What is the deadline to apply for financial aid?
The priority deadline to apply for financial aid at USF is March 15th. However, students are encouraged to apply as early as possible.
5. How do I pay my tuition and fees?
Students can pay their tuition and fees online, by mail, or in person at the Bursar’s Office.
6. What is the refund policy for tuition and fees?
The refund policy for tuition and fees varies depending on the time of withdrawal from the university. Students should consult the university’s website for detailed information.
7. Can I get a refund for my on-campus housing and meal plan?
The refund policy for on-campus housing and meal plans varies depending on the time of cancellation. Students should consult the university’s website for detailed information.
8. Where can I find more information about USF’s cost of attendance?
Students and families can find more information about USF’s cost of attendance on the university’s website or by contacting the Office of Financial Aid at (815) 740-3313.
Additional Resources
– USF’s Cost of Attendance
– USF’s Office of Financial Aid
– FAFSA website
