College Factual  by our College Data Analytics Team
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Can You Afford Methodist College?

Concerned about paying for college? Take a look at Methodist College’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.

2020 - 2021 Costs Between $38,241 and $41,338

Feeling a little stressed about paying $41,338 to attend Methodist College 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 Illinois students, 66.7% of freshmen receive some form of financial aid, with the average amount totaling $2,382. Students from low-income families receive an average of $3,097 in aid during their first year.

Cost (no aid)

Tuition and fees$17,988
+ Room and board$12,800
+ Other expenses$10,550
Total cost$41,338
Affordability Score (29 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$41,338
- Grants and scholarships$2,382
Net price$38,956
Affordability Score (7 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$41,338
- Grants and scholarships$3,097
Net price$38,241
Affordability Score (3 out of 100)
more expensive
less expensive

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

Projected Costs Between $160,834 and $247,763 For a Four Year Degree. Between $79,267 and $118,930 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 Methodist College in 2020 - 2021 was $41,338. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.0% each year. If this trend continues, we expect the full cost for incoming freshmen to be $42,211 during their first year. By their senior year, that cost will be approximately $43,554 for a bachelor degree candidate ($42,654 for an associate degree candidate) for a total of $171,521 over the course of four years ($84,865 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.

Average Net Price at Methodist College

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 CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.1%1.0%
Freshman year$39,350$42,200$42,211
Senior year$39,917$43,921$42,654
Total 2-year net price$79,267$86,121$84,865
10-year loan interest @ 6.8%$30,198$32,809$32,330
Total monthly payment$912$991$977
Total amount paid$109,465$118,930$117,195
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.1%1.0%
Freshman year$39,350$42,200$42,211
Senior year$41,075$47,579$43,554
Total 4-year net price$160,834$179,413$171,521
10-year loan interest @ 6.8%$61,272$68,350$65,343
Total monthly payment$1,851$2,065$1,974
Total amount paid$222,105$247,763$236,864

Visit net price and financial aid to learn more about the total cost of attending Methodist College.

Further Questions to Consider

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