Saint Leo University Tuition and Fees: A Comprehensive Overview

Founded in 1889, Saint Leo University is a private institution offering a wide array of academic programs. This article provides a detailed look at the tuition, fees, financial aid options, and overall cost of attending Saint Leo University. Understanding these aspects can help prospective students and their families make informed decisions about their investment in higher education.

Saint Leo University: An Overview

Saint Leo University holds a ranking of No. #392-434 in National Universities in the 2025 edition of Best Colleges. It is also ranked No. #181 in Top Performers on Social Mobility. As of fall 2022, the university has a total undergraduate enrollment of 7,320 students and its campus spans 297 acres. The student-faculty ratio at Saint Leo University is 18:1. Notably, Saint Leo University does not accept the Common Application.

Tuition and Fees: Understanding the Sticker Price

The sticker price, encompassing tuition and fees, is a crucial starting point in understanding the cost of education. For Saint Leo University, the school's tuition and fees are $28,360. Compared with the national average cost of tuition of $47,890, Saint Leo University is cheaper. These fees support various essential services such as library resources, student gym facilities, student centers, technology resources, and campus health centers.

Additional Costs to Consider

Beyond tuition and fees, prospective students should also consider the total cost of attendance, which includes:

  • Room and Board: On-campus room and board is provided by the school at a cost of $15,724 per academic year.
  • Additional Living Expenses: If living on-campus, students should budget for $4,754 in additional living expenses.
  • Books and Supplies: $910 per year.
  • Personal Expenses: $2,450 per year.
  • Transportation: $2,304 per year.

Net Price: A More Realistic Estimate

The net price offers a more accurate reflection of what students actually pay after factoring in grants and scholarships. The average reported annual net price for Saint Leo University for students receiving grants or scholarship aid was $19,478 in 2019/2020. This figure is based on data from the Department of Education's Academic Year 2022/2023 IPEDS Survey.

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Factors Influencing Net Price

It's important to remember that the net price can vary significantly based on individual circumstances, including:

  • Family Income: Higher family incomes may result in lower financial aid eligibility.
  • Assets: Family assets are considered when determining financial need.
  • Individual Financial Need: The greater the financial need, the more aid a student may receive.

Net Price by Household Income

Understanding the average net price based on household income can provide a clearer picture of potential costs:

Information on specific income brackets and corresponding net prices was not provided in the original data.

Financial Aid: Making Education Accessible

Saint Leo University is committed to making the financial process as stress-free and accessible as possible. Financial aid is funding that helps pay for your college costs and allows you the opportunity to advance in your professional goals. Financial aid is available to those who qualify. 100% of full-time undergrad Saint Leo University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $21,871 per student during the 2019/2020 school year.

Types of Financial Aid

Financial aid can come in various forms:

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  • Scholarships: Scholarships are a type of funding that you don’t need to pay back. Some students receive enough in scholarship money to cover their tuition and living expenses.
  • Grants: Grant and scholarship aid does not need to be paid back.
  • Loans: Federal Student Loans are not grants and must be repaid with interest.
  • Work-Study Jobs: Working while in school can help lessen the burden of your student loans.

Need-Based vs. Merit-Based Aid

  • Need-based aid takes a student’s financial status into account. Types of need-based scholarships/grants available.
  • Merit-based aid, also called non-need-based aid, is awarded for a specific talent or athletic or academic achievement.

Applying for Financial Aid

To apply for financial aid, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Financial Aid Disbursement

Assuming all requirements are met, financial aid disbursements begin approximately 10 days from the start of a new term. within 14 days from the date that the credit balance is created. To view financial aid award and status, students can check their Student Self Service account for up-to-date information. On-site advisors are also available on a first-come, first-serve basis, or by appointment, at the Student Financial Support Center in St.

Important Financial Aid Dates

  • Priority Application Due: Jan 1. 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: Dec 10. When students receive a letter with the amount and types of aid the college is offering.

Student Loans: Understanding Debt and Repayment

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.

Federal Student Loan Debt

At Saint Leo University, the median federal loan debt among borrowers who completed their undergraduate degree is $25,278. 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 $268.

Estimating Loan Repayments

To gauge a more realistic picture of what it really could cost you out of pocket to go to Saint Leo University, we've modeled a ten year student loan with an original principal value of $77,912. The loan balance of $77,912 is a four year multiple of the $19,478 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 $886 could be required to pay off your student loan.

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Responsible Borrowing

Please note that financial aid is not guaranteed and is only available for qualifying students. 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 Saint Leo University, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Return on Investment: Evaluating the Value of a Saint Leo Education

The value you receive from a Saint Leo education extends to your financial health. Our tuition is known for being significantly lower than the average private college tuition, while our academic reputation is one of the best in the region.

Graduate Salaries

Six years after graduation, the median salary for graduates is $41,619.

Student Success Stories

  • Karen Sislava Reyes: ''As a graduate now pursuing my masters of science in accounting, I’m even more thankful for how well Saint leo equipped me and not just educationally but as a leader, student, and even on a personal level.
  • Tayhana Taylor: Saint Leo University has truly been a stepping stone for me. When I entered this university 4 years ago, I was unaware of what I’d be like when I left. Now, 3 weeks away from graduating, I am so thankful that I was a student here.

Additional Resources and Support

Need Help? Welcome to Saint Leo University! If you ever have any financial aid or student account questions, our Student Financial Services team is here to help! On-site advisors are also available on a first-come, first-serve basis, or by appointment, at the Student Financial Support Center in St.

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