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Can You Afford to Attend Mount Vernon Nazarene University?

This guide covers the real cost of attending Mount Vernon Nazarene University, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$48,975.00 Cost of Attendance
$22,421.00 Avg Net Price
$19,565.00 Median Grad Debt

If you want to dig into a particular figure, jump to any section below:

How Much Does It Cost to Attend Mount Vernon Nazarene University?

Published attendance costs at Mount Vernon Nazarene University works out to about $48,975.00 for a single academic year.

The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.

The Full Cost for Students (no aid)

Tuition and fees $37,158.00
+ Room, board & other expenses $11,817.00
Total cost $48,975.00
That is 49% above the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $48,975.00
− Grants and scholarships −$27,437.00
Net price $21,538.00
That is 34% below the national average net price.

What Low-Income Students Pay — Undergraduates

Total cost $48,975.00
− Grants and scholarships −$27,500.00
Net price $21,475.00
That is 35% below the national average net price.
Go deeper on the components with the tuition & fees page and room and board.

Estimating the Total Cost of a Degree at Mount Vernon Nazarene University

The reported cost series has been increasing at a recent average of 4.2% per year; the projections below compound that across a degree. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. Loan figures amortise the projected total over ten years at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.2% 4.2% 4.2%
Freshman year $22,372.00 $22,438.00 $51,022.00
Senior year $25,296.00 $25,370.00 $57,689.00
Total 4-year net price $95,257.00 $95,536.00 $217,239.00
10-year loan interest @ 6.8% $36,289.00 $36,396.00 $82,760.00
Total monthly payment $1,096.00 $1,099.00 $2,500.00
Total amount paid $131,546.00 $131,932.00 $299,999.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.2% 4.2% 4.2%
Freshman year $22,372.00 $22,438.00 $51,022.00
Senior year $23,307.00 $23,376.00 $53,154.00
Total 2-year net price $45,680.00 $45,814.00 $104,175.00
10-year loan interest @ 6.8% $17,402.00 $17,453.00 $39,687.00
Total monthly payment $526.00 $527.00 $1,199.00
Total amount paid $63,082.00 $63,267.00 $143,862.00

See the full net-price breakdown in the Net Price section.

Net Price — What Students Actually Pay at Mount Vernon Nazarene University

The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $22,421.00
Average net price (off-campus) $21,812.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $17,598.00
$30,000 to $48,000 $17,666.00
$48,001 to $75,000 $19,173.00
$75,001 to $110,000 $22,602.00
Over $110,000 $26,244.00

For a personalized estimate, try the Mount Vernon Nazarene University Net Price Calculator, or visit the financial aid office.

Want to know how that aid is awarded? See the financial aid page.

Debt at Graduation from Mount Vernon Nazarene University

The typical debt load for borrowers leaving Mount Vernon Nazarene University comes to $19,565.00, categorized as a Low ($10-20k) burden category.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $3,125.00
25th $6,977.00
Median (50th) $19,565.00
75th $25,500.00
90th $33,000.00

How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.

Dig deeper into debt on the student loan debt detail.

Debt Outcomes by Family Income at Mount Vernon Nazarene University

Student debt at graduation is not evenly distributed across income levels. Below the data splits borrowers across three income groups:

Family income Median debt at graduation
Low income $17,319.00
Middle income $20,832.00
High income $20,500.00

How Debt Varies by First-Generation Status at Mount Vernon Nazarene University

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $19,577.00
Continuing-generation students $19,500.00

First-generation borrowers from Mount Vernon Nazarene University hold $77.00 in extra median debt compared with continuing-generation peers.

Pell-Eligible Debt Outcomes at Mount Vernon Nazarene University

Pell Grants are the largest source of federal need-based aid for undergrads. Pell vs non-Pell comparisons surface how debt breaks down by need.

The gap between Pell-eligible and non-Pell median debt at Mount Vernon Nazarene University amounts to $500.00. This school carries a federal Pell-debt-inequity flag.

Loan Repayment and Default at Mount Vernon Nazarene University

The federal default-rate tier for Mount Vernon Nazarene University is Low (<5%).

Window Cohort default rate
2-year 5.0%

To give some context for these rates, Stafford loans disbursed at Mount Vernon Nazarene University come to $217,119,216.00 over 10,142 loan recipients.

Veteran Education Benefits at Mount Vernon Nazarene University

Veterans and current servicemembers may be eligible for major federal education benefits like the Post-9/11 GI Bill and DoD tuition assistance.

GI Bill recipients 15
Avg GI Bill amount $16,066.00

For the full rundown of veteran and military benefits, see the college veterans page.

Further Questions to Ask

The data above is a foundation; round it out by asking yourself about Mount Vernon Nazarene University, the questions below are worth your time:

For a closer look at any of these topics, follow the links below:

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.

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