Understanding Regis College Tuition and Fees

Financing a college education is a significant investment. For prospective students considering Regis College, understanding the breakdown of tuition, fees, and available financial aid options is crucial. This article provides a comprehensive overview of the costs associated with attending Regis College, along with details on scholarships, loans, and work-study programs.

The Sticker Price: Tuition and Fees

Regis College's tuition is $51,420, which is more expensive than the national average cost of tuition of $47,097. This figure represents the "sticker price," encompassing both tuition and fees. It's important to note that fees can vary significantly between institutions and may cover various services such as library access, student gym facilities, student centers, technology resources, and campus health centers.

Total Cost of Attendance

While the sticker price provides a baseline, it's essential to consider the total cost of attendance. At Regis College, the total cost is $70,030. This figure includes tuition and fees, as well as estimates for food and housing, books and supplies, transportation, and personal expenses.

Direct Costs (Billed by Regis)

Direct costs are those that appear on your university bill. For a full-time student taking 24 credits, these include:

Tuition: The cost per credit is between \$1,275 and \$1,635, resulting in an annual tuition cost between \$30,600 and \$39,240.
Student Health Insurance Plan: \$3,298 (billed only if the student does not have other health insurance).
Nursing ATI Fee: \$2,475 (Total of $3,300 per program, fees can vary depending on timing and classes taken in specific programs).
Nursing Lab Fee: Between \$351 and \$525 (Total of $700 per program).
Course Related Fees (Qualtrics and Intellectus): \$125

The subtotal for direct costs is estimated to be between \$33,898 and \$45,538.

Read also: Regis University Tuition

Indirect Costs (Not Billed by Regis)

Indirect costs do not appear on your university bill but are estimated expenses associated with attending school. These include:

Food: Costs vary depending on whether you are a residential or commuter student and your chosen meal plan.
Housing: Costs vary depending on whether you choose to live on-campus in new student housing or graduate student housing options.
Personal: These expenses vary by student.
Transportation: Costs vary for commuter students.
Books: Costs for nursing books vary based on each semester’s course load. Please visit the Regis College Online Bookstore to shop by schedule or course.

Understanding Financial Aid at Regis College

Financial aid is available to help students manage the cost of college. Regis College offers various types of aid, including scholarships, grants, loans, and work-study programs.

Types of Financial Aid

Need-Based Aid: This type of aid is awarded based on a student's financial need, as determined by factors such as income and assets.
Merit-Based Aid: Also known as non-need-based aid, this is awarded for specific talents or academic achievements.
Self-Help Aid: This includes federal loans and work-study programs, which require students to contribute to their education costs.

Need-Based Scholarships and Grants

The average need-based scholarship or grant awarded to first-year students at Regis College was $21,453. In fall 2023, 79% of first-year students received need-based financial aid. Scholarships and grants are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account.

Need-Based Self-Help Aid

The average need-based self-help aid awarded to first-year students was $5,145.

Merit-Based Scholarships and Grants

The average non-need-based scholarship or grant awarded to first-year students at Regis College - excluding any athletic scholarships, if applicable - was $25,455. 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.

Read also: GPA for Regis University

Financial Aid Statistics

Regis College met 36% of its students’ financial aid need.
84% of students receive financial aid
100% of freshmen with need received financial aid
Average aid package awarded: \$24,108
Average need-based scholarship or grant award: \$33,000

Important Financial Aid Dates

Financial Aid Application Due: March 1
Priority Application Due: March 1
Notification Date: January 15
Response Due: May 1

G.I. Bill and Yellow Ribbon Program

Regis College is G.I. Bill certified and participates in the Yellow Ribbon Program.

Student Loan Debt

Student loan debt is a significant consideration for many college students. It's crucial to understand the potential debt burden and how it might impact your financial future.

Federal Loan Debt

At Regis College, the median federal loan debt among borrowers who completed their undergraduate degree is $25,500. 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 $270.

Private Loan Debt

37% of graduating students at Regis College took out private loans. Students with private loans had an average of $122,208 in private loan debt at graduation.

Average Total Indebtedness

The average total indebtedness of the 2024 graduating class was $73,059. 95% of graduating students who have borrowed any loan type.

Strategies for Managing Student Loan Debt

Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate. 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.

Net Price

Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price. The average net price is $28,000 per year.

Additional Costs

Beyond tuition, fees, and living expenses, students should also budget for books and supplies, personal expenses, and transportation. The following are estimated costs per year:

Books and Supplies: \$1,200
Personal Expenses: \$1,530
Transportation: \$1,380

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