2018 - 2019 Costs Between $21,349 and $39,890
Feeling a little stressed about paying $39,890 to attend Howard Payne University each year? This number can be deceiving, and for many, the net price you pay will be less.
While there is no tuition reduction for Texas students, 95.4% of freshmen receive some form of financial aid, with the average amount totaling $15,633. Students from low-income families receive an average of $18,541 in aid during their first year.
Cost (no aid)
|Tuition and fees||$27,690|
|+ Room and board||$8,304|
|+ Other expenses||$3,896|
Net Price (with average aid)
|- Grants and scholarships||$15,633|
Average Net Price for Low Income Undergraduates
|- Grants and scholarships||$18,541|
Projected Costs Between $107,183 and $252,063 For a Four Year Degree. Between $50,346 and $121,224 For a Two Year Degree.
Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.
The overall cost for on-campus students to attend Howard Payne in 2018 - 2019 was $39,890. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.9% each year. If this trend continues, we expect the full cost for incoming freshmen to be $43,054 during their first year. By their senior year, that cost will be approximately $48,276 for a bachelor degree candidate ($44,729 for an associate degree candidate) for a total of $182,527 over the course of four years ($87,782 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.
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.
Cost With Interest
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 Costs||Low Income w/ Aid||w/ Average Aid||No Aid|
|Annual growth rate||*||2.9%||3.9%|
|Total 2-year net price||$50,346||$52,075||$87,782|
|10-year loan interest @ 6.8%||$19,180||$19,839||$33,442|
|Total monthly payment||$579||$599||$1,010|
|Total amount paid||$69,526||$71,914||$121,224|
|Projected 4-Year Net Costs||Low Income w/ Aid||w/ Average Aid||No Aid|
|Annual growth rate||*||2.9%||3.9%|
|Total 4-year net price||$107,762||$107,183||$182,527|
|10-year loan interest @ 6.8%||$41,053||$40,833||$69,536|
|Total monthly payment||$1,240||$1,233||$2,101|
|Total amount paid||$148,815||$148,015||$252,063|
Further Questions to Consider
- Do you know your deadlines?
Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.
- When can you expect to begin receiving bills from the college?
- Is there an option to make payments in monthly installments?
|Request Info||Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More >|
|Request Info||Purdue University Building on Purdue’s mission to provide greater access to affordable, world-class education, Purdue University Global delivers a fully personalized online experience that’s tailored to working adults. By opening the doors to adults who need flexibility to fit learning into their busy lives, we make it possible to achieve a high-quality education from the prestigious Purdue University system—completely online. Learn More >|
|Request Info||Grand Canyon University (GCU) With a spotlight on intellectual creativity and innovation for the 21stcentury, the College of Humanities and Social Sciences at GCU provides a job focused education. It blends the study of traditional humanities in a modern context. Through academic inquiry and beyond the box thinking, the college advances our society and its accomplishments. Learn More >|
|Request Info||Northcentral University Northcentral University (NCU) was founded to provide accessible, high-quality, online graduate degrees to working professionals. As a regionally accredited, online university, NCU serves students worldwide, focusing on Doctoral and Master's degree programs in the Schools of Business and Technology Management, Education, Psychology, and Marriage and Family Sciences. Learn More >|
|Request Info||Colorado Technical University (CTU) CTU could help you connect to what matters most: a powerful professional community, faculty who are real-world professionals, and innovative technology. Learn More >|