College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford Francis Marion University?

Concerned about paying for college? Take a look at Francis Marion University’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $13,690 & $34,628

Worried about paying the full cost of $34,628 to attend Francis Marion University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in South Carolina, the university offers a discount of 48.2% off tuition and fees. Also, 95.9% of freshmen receive some form of financial aid, with the average amount totaling $9,433. Students from low-income families receive an average of $10,554 in aid during their first year.

Cost for Residents of South Carolina (no aid)

Tuition and fees$11,160
+ Room and board$8,230
+ Other expenses$4,854
Total cost$24,244
Affordability Score (56 out of 100)
more expensive
less expensive

Net Price for Residents of South Carolina (with average aid)

Total cost$24,244
- Grants and scholarships$9,433
Net price$14,811
Affordability Score (68 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of South Carolina

Total cost$24,244
- Grants and scholarships$10,554
Net price$13,690
Affordability Score (63 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$21,544
+ Room and board$8,230
+ Other expenses$4,854
Total cost$34,628
Affordability Score (42 out of 100)
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less expensive

Net Price for Non-Residents (with average aid)

Total cost$34,628
- Grants and scholarships$9,433
Net price$25,195
Affordability Score (42 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$34,628
- Grants and scholarships$10,554
Net price$24,074
Affordability Score (31 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Francis Marion University.

Projected Costs Between $54,760 and $209,346 For a Four Year Degree. Between $27,380 and $101,987 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Francis Marion University in 2020 - 2021 was $24,244. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.4% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $25,437 during their first year. By their senior year, that cost will be approximately $27,336, for a bachelor degree candidate ($26,055 for an associate degree candidate) for a total of $105,515 over the course of four years ($51,491 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $151,594 based on a yearly growth rate of 2.6%. The expected two-year cost is $73,852.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Francis Marion University

Cost With Interest for Residents of South Carolina

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.4%2.4%
Freshman year$13,690$14,915$25,437
Senior year$13,690$14,967$26,055
Total 2-year net price$27,380$29,882$51,491
10-year loan interest @ 6.8%$10,431$11,384$19,616
Total monthly payment$315$344$593
Total amount paid$37,811$41,266$71,108
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.4%2.4%
Freshman year$13,690$14,915$25,437
Senior year$13,690$15,072$27,336
Total 4-year net price$54,760$59,973$105,515
10-year loan interest @ 6.8%$20,862$22,848$40,197
Total monthly payment$630$690$1,214
Total amount paid$75,622$82,821$145,713

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.3%2.6%
Freshman year$24,074$25,341$36,452
Senior year$24,074$25,415$37,400
Total 2-year net price$48,148$50,756$73,852
10-year loan interest @ 6.8%$18,343$19,336$28,135
Total monthly payment$554$584$850
Total amount paid$66,491$70,092$101,987
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.3%2.6%
Freshman year$24,074$25,341$36,452
Senior year$24,074$25,562$39,370
Total 4-year net price$96,296$101,807$151,594
10-year loan interest @ 6.8%$36,685$38,785$57,752
Total monthly payment$1,108$1,172$1,745
Total amount paid$132,981$140,592$209,346

Visit net price and financial aid to learn more about the total cost of attending Francis Marion University.

Further Questions to Consider

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