Understanding Benedictine College Tuition, Fees, and Financial Aid

For prospective students and their families, understanding the costs associated with higher education is crucial. This article provides a detailed overview of Benedictine College's tuition, fees, and various financial aid options available to students.

Benedictine College: A Brief Overview

Benedictine College, founded in 1859, is a small, private institution located in Atchison, KS, offering undergraduate degrees in 69 majors. Known for its strong programs, including Theological and Ministerial Studies, Benedictine College considers SAT/ACT scores but does not require them for admission.

The Cost of Attendance: Breaking Down the Numbers

Understanding the sticker price is the first step in evaluating college costs. However, it's equally important to consider the total cost and net price to get a realistic estimate.

Tuition and Fees

Benedictine College's tuition is $37,750, which is less expensive compared to the national average cost of tuition of $47,097. This figure encompasses both tuition and fees, which support various campus services like library access, gym facilities, student centers, technology resources, and health centers. The annual tuition to attend Benedictine College is $34,000. The cost is the same for both in-state and out-of-state students.

Total Cost of Attendance

The total cost includes the sticker price, plus expenses such as room and board, books and supplies, and personal and transportation costs. At Benedictine College, the total cost is $54,825.

Room and Board

On-campus room and board is provided by the school at a cost of $11,820 per academic year. Room and board fees are an additional $11,820. If living on-campus, students should budget for $4,450 in additional living expenses.

Net Price: A More Realistic Estimate

The average reported annual net price for Benedictine College for students receiving grants or scholarship aid was $28,451 in 2019/2020. The net price provides a more realistic estimate of the true cost of attending Benedictine College, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Department of Education's Academic Year 2022/2023 IPEDS Survey. Financial aid is only available to those who qualify. Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses.

Financial Aid Options at Benedictine College

Benedictine College is committed to making education accessible. The college offers various financial aid options, including scholarships, grants, loans, and work-study programs.

Types of Aid Available

Benedictine College met 86% of its students’ financial aid need.

Need-Based Aid

Need-based financial aid is awarded based on a student's financial situation. In fall 2023, 53% of first-year students received need-based financial aid.

Read also: BC Basketball Program

The average need-based scholarship or grant awarded to first-year students at Benedictine College was $9,867.

Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $3,029.

Merit-Based Aid

Merit-based aid, also called non-need-based aid, is awarded for a specific talent or academic achievement. The average non-need-based scholarship or grant awarded to first-year students at Benedictine College - excluding any athletic scholarships, if applicable - was $14,201.

Scholarships and Grants

Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation.

Some students receive enough in scholarship money to cover their tuition and living expenses.

Read also: Benedictine Military School Costs

100% of full-time undergrad Benedictine College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $22,401 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. Federal Government. The average Pell Grant awarded for 2019/2020 was $4,576. To apply for a Pell Grant to attend Benedictine College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans and Debt

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.

At Benedictine College, the median federal loan debt among borrowers who completed their undergraduate degree is $24,599. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $261.

Additionally, 12% of graduating students at Benedictine College took out private loans. Students with private loans had an average of $33,635 in private loan debt at graduation.

Average Total Indebtedness of 2024 Graduating Class is $44,540. 73% of Graduating students who have borrowed (any loan type, 2024).

CollegeSimply has modeled example payment coverage for the annual tuition and living expenses of $52,270. Department of Education, Benedictine College or other organizations. Department of Education. To gauge a more realistic picture of what it really could cost you out of pocket to go to Benedictine College, we've modeled a ten year student loan with an original principal value of $113,804. The loan balance of $113,804 is a four year multiple of the $28,451 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,294 could be required to pay off your student loan. Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Benedictine College, should consider if it will be realistic to make the post graduation loan payments based on your expected salary. a $1,293.96 monthly payment in the example $113,804.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Benedictine College student loan debt and graduate salaries under student outcomes. The estimation assumes a 3.7% annual increase over the next 4 years which has been the recent trend for this school.

Work-Study Programs and Campus Jobs

Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job.

Begin your job search by checking whether your college has in-person or online job boards.

Additional Costs

Books and Supplies: $1,200 per year
Personal Expenses: $4,350 per year
Transportation: $2,600 per year

Financial Aid Dates and Application

Application Deadlines

Application Deadline for Financial Aid is Not available. The last day to apply for financial aid or turn in related paperwork. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.

Notification Date is Not available. When students receive a letter with the amount and types of aid the college is offering.

Response Due is Not available. The deadline for students to respond to the college’s aid offer.

Resources for Further Information

Net Price Calculator

Use the college’s Net Price calculator for the most accurate estimate of your net price.

Financial Aid Office

Financial Aid Office Phone Number is available on the Benedictine College website.

Important Considerations

Tuition Guarantee Plans: Tuition at time of first enrollment guaranteed only to students making advance payment.
Benedictine University reserves the right to change tuition, fees, courses and sequencing of courses without notice.
All tuition and fees are due to Benedictine University at the start of each course. All tuition remission students and consortium students must pay applicable fees such as student service, graduation, certificate, course and lab fees.

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