by our College Data Analytics TeamHere’s the full picture on paying for University of Mount Olive, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
Use the section links below to navigate this overview:
The full cost of attending University of Mount Olive comes to about $35,362.00 for a single academic year.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $27,366.00 |
| + Room, board & other expenses | $7,996.00 |
| Total cost | $35,362.00 |
| That is 8% above the national average net price. |
| Total cost | $35,362.00 |
| − Grants and scholarships | −$19,716.00 |
| Net price | $15,646.00 |
| That is 52% below the national average net price. |
| Total cost | $35,362.00 |
| − Grants and scholarships | −$20,342.00 |
| Net price | $15,020.00 |
| That is 54% below the national average net price. | |
| Explore each piece on the tuition & fees page and room and board. |
Costs have trended upward in recent years by roughly 6.6% annually, so the projections below total more than one year of attendance. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 6.6% | 6.6% | 6.6% |
| Freshman year | $16,009.00 | $16,676.00 | $37,691.00 |
| Senior year | $19,385.00 | $20,193.00 | $45,639.00 |
| Total 4-year net price | $70,645.00 | $73,590.00 | $166,322.00 |
| 10-year loan interest @ 6.8% | $26,913.00 | $28,035.00 | $63,363.00 |
| Total monthly payment | $813.00 | $847.00 | $1,914.00 |
| Total amount paid | $97,559.00 | $101,625.00 | $229,685.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 6.6% | 6.6% | 6.6% |
| Freshman year | $16,009.00 | $16,676.00 | $37,691.00 |
| Senior year | $17,064.00 | $17,775.00 | $40,173.00 |
| Total 2-year net price | $33,073.00 | $34,451.00 | $77,864.00 |
| 10-year loan interest @ 6.8% | $12,600.00 | $13,125.00 | $29,663.00 |
| Total monthly payment | $381.00 | $396.00 | $896.00 |
| Total amount paid | $45,672.00 | $47,576.00 | $107,528.00 |
Jump to the net-price detail in the net price section below.
Net price strips out grant and scholarship aid to show what families really pay. For most prospective students, net price gives a more realistic estimate than sticker tuition.
| Average net price (on-campus) | $18,853.00 |
| Average net price (off-campus) | $17,893.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $14,775.00 |
| $30,000 to $48,000 | $12,115.00 |
| $48,001 to $75,000 | $18,062.00 |
| $75,001 to $110,000 | $15,969.00 |
| Over $110,000 | $21,442.00 |
Run your own numbers with the University of Mount Olive Net Price Calculator, or visit the financial aid office.
Curious how grants and scholarships are distributed? Explore the grants & scholarships detail.
Typical debt at graduation from University of Mount Olive is $20,811.00, which the Department of Education classifies as a Moderate ($20-30k) debt-load classification.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,713.00 |
| 25th | $8,302.00 |
| Median (50th) | $20,811.00 |
| 75th | $32,298.00 |
| 90th | $44,069.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
Explore borrowing, repayment, and default in detail on the student loan debt detail.
Student debt at graduation is not evenly distributed across income levels. The table below divides borrowers into three income tiers:
| Family income | Median debt at graduation |
|---|---|
| Low income | $22,000.00 |
| Middle income | $19,687.00 |
| High income | $19,250.00 |
Graduates from lower-income families carry $2,750.00 more debt than their high-income peers.
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $21,021.00 |
| Continuing-generation students | $19,418.00 |
First-generation borrowers from University of Mount Olive graduate with $1,603.00 in extra median debt compared with continuing-generation peers.
Pell Grants are the largest source of federal need-based aid for undergrads. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The Pell vs non-Pell debt gap at University of Mount Olive stands at $4,250.00. This institution is flagged by federal data for Pell-debt inequity.
The federal default-rate tier for University of Mount Olive is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 7.0% |
For a sense of scale, Stafford disbursements at University of Mount Olive add up to $336,147,935.00 covering 14,761 borrowers.
Veterans and current servicemembers may be eligible for major federal education benefits including the GI Bill and Tuition Assistance from the Department of Defense.
| GI Bill recipients | 91 |
| Avg GI Bill amount | $13,033.00 |
| DoD Tuition Assistance recipients | 75 |
| Avg DoD Tuition Assistance | $1,969.00 |
For the full rundown of veteran and military benefits, see the veteran aid breakdown.
The figures above are a starting point — as you weigh University of Mount Olive, think through the questions below:
Each page below covers one part of paying for college in more detail:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.