College Factual  by our College Data Analytics Team
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Can You Afford University of Louisiana at Monroe?

Concerned about paying for college? Take a look at ULM’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 $12,329 & $35,644

Worried about paying the full cost of $35,644 to attend University of Louisiana at Monroe? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Louisiana, the university offers a discount of 57.2% off tuition and fees. Also, 94.8% of freshmen receive some form of financial aid, with the average amount totaling $11,957. Students from low-income families receive an average of $11,215 in aid during their first year.

Cost for Residents of Louisiana (no aid)

Tuition and fees$9,070
+ Room and board$8,914
+ Other expenses$5,560
Total cost$23,544
Affordability Score (59 out of 100)
more expensive
less expensive

Net Price for Residents of Louisiana (with average aid)

Total cost$23,544
- Grants and scholarships$11,957
Net price$11,587
Affordability Score (84 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Louisiana

Total cost$23,544
- Grants and scholarships$11,215
Net price$12,329
Affordability Score (70 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$21,170
+ Room and board$8,914
+ Other expenses$5,560
Total cost$35,644
Affordability Score (39 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$35,644
- Grants and scholarships$11,957
Net price$23,687
Affordability Score (49 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$35,644
- Grants and scholarships$11,215
Net price$24,429
Affordability Score (30 out of 100)
more expensive
less expensive

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

Projected Costs Between $52,407 and $219,223 For a Four Year Degree. Between $25,290 and $106,266 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 University of Louisiana at Monroe in 2020 - 2021 was $23,544. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 5.0% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $25,962 during their first year. By their senior year, that cost will be approximately $30,063, for a bachelor degree candidate ($27,263 for an associate degree candidate) for a total of $111,917 over the course of four years ($53,225 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 $158,747 based on a yearly growth rate of 3.1%. The expected two-year cost is $76,951.

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 University of Louisiana at Monroe

Cost With Interest for Residents of Louisiana

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*3.6%5.0%
Freshman year$13,976$12,424$25,962
Senior year$14,880$12,865$27,263
Total 2-year net price$28,856$25,290$53,225
10-year loan interest @ 6.8%$10,993$9,634$20,277
Total monthly payment$332$291$613
Total amount paid$39,849$34,924$73,502
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.6%5.0%
Freshman year$13,976$12,424$25,962
Senior year$16,868$13,795$30,063
Total 4-year net price$61,567$52,407$111,917
10-year loan interest @ 6.8%$23,455$19,965$42,636
Total monthly payment$709$603$1,288
Total amount paid$85,022$72,372$154,553

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*1.7%3.1%
Freshman year$25,871$24,518$37,888
Senior year$26,624$24,945$39,063
Total 2-year net price$52,496$49,464$76,951
10-year loan interest @ 6.8%$19,999$18,844$29,315
Total monthly payment$604$569$886
Total amount paid$72,495$68,307$106,266
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*1.7%3.1%
Freshman year$25,871$24,518$37,888
Senior year$28,196$25,821$41,522
Total 4-year net price$108,091$100,663$158,747
10-year loan interest @ 6.8%$41,179$38,349$60,477
Total monthly payment$1,244$1,158$1,827
Total amount paid$149,270$139,013$219,223

Visit net price and financial aid to learn more about the total cost of attending University of Louisiana at Monroe.

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