Taylor University Tuition and Fees: A Comprehensive Guide
Investing in higher education is a significant decision, and understanding the costs involved is crucial. This article provides a detailed overview of Taylor University's tuition, fees, financial aid options, and other expenses to help prospective students and their families plan effectively. A degree from Taylor University is more than preparation for a job; it's a launchpad for a meaningful life. The time, energy, and resources you invest now pay dividends far beyond graduation.
Understanding the Sticker Price and Total Cost
Taylor University's tuition for the 2025-2026 academic year is $41,350. This figure, often referred to as the "sticker price," includes both tuition and mandatory fees. Compared with the national average cost of tuition of $46,950, Taylor University is cheaper. Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers.
However, the sticker price doesn't represent the actual amount most students pay. To get a clearer picture, it's essential to consider the "total cost," which includes tuition, fees, housing, food, books, supplies, transportation, and personal expenses. At Taylor University, the total cost is $55,922.
Net Price: What You'll Actually Pay
The "net price" is the amount a student pays after subtracting grants and scholarships from the total cost of attendance. This figure is personalized, as it depends on individual financial circumstances and the university's financial aid policies. The net cost visualizes the net cost most families pay through personal funding, outside scholarships, and loans for Taylor costs (tuition, fees, housing, food and J-term) after federal, state and institutional grants and scholarships have been applied.
Taylor University's average net price is $25,698 per year. To get the most accurate estimate of your net price, use the Net Price Calculator available on the university's website.
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Financial Aid: Making Education Affordable
Taylor University is committed to making education accessible. The difference between your family’s resources, which is called the Student Aid Index (SAI), and the total cost of attending college determines your financial need. The SAI is determined by completing the Free Application for Federal Student Aid (FAFSA) each year. A significant portion of Taylor’s scholarships are based on academic merit and demonstrated need. File the FAFSA as soon as possible after October 1. Start by creating your FSA ID. The FSA ID confirms your identity on the FAFSA and related documents. Students and parents must create their own FSA IDs. Once you have your FSA ID, login in to Federal Student Aid with your FSA ID. Financial aid is processed on a rolling basis after December 1 once we have received the FAFSA and any other required documents.
Financial aid can come in the form of grants, loans, scholarships, and work-study jobs. Most colleges determine financial need based on your FAFSA. Financial aid packages vary depending on your financial need. 53% of Taylor students receive financial aid, with the average aid package totaling $32,038.
Types of Financial Aid Available
- Need-Based Scholarships and Grants: These do not need to be paid back. The average need-based scholarship or grant awarded is $29,613. The average need-based scholarship or grant awarded to first-year students at Taylor University was $29,076. Additionally, 57% of first-year students received need-based financial aid in fall 2023.
- Need-Based Loans: These must be paid back. The average need-based loan amount is $2,951.
- Non-Need-Based Aid: This is awarded regardless of financial need and can be based on merit or other criteria. The average non-need-based aid is $20,913. The average non-need-based scholarship or grant awarded to first-year students at Taylor University - excluding any athletic scholarships, if applicable - was $22,900.
Important Financial Aid Dates
- Priority Application Due: February 1. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.
- Application Due: April 15. The last day to apply for financial aid or turn in related paperwork.
- Notification Date: January 1. When students receive a letter with the amount and types of aid the college is offering.
Test scores must be received by April 1 for Merit Scholarship consideration. April 1 is the deadline to submit Church Matching Grant pledge form. Funds are due July 1. Notify the financial aid office of any outside or private scholarships, grants, or loans you receive by July 1.
Merit-Based Scholarships
Taylor University offers merit-based scholarships to students with strong academic records. These scholarships are renewable with a 3.0 college GPA and available to all incoming freshmen beginning in the fall of 2025. Working hard in high school can pay off! Our university scholarship awards are based on your test scores and GPA. If you are interested in academic awards, you must have the required ACT, SAT, or CLT score and GPA to receive the amount listed. SAT score is calculated by combining the Math and Reading portions of the test.
Here's a breakdown of the minimum scores and scholarship amounts:
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| Scholarship | Amount ($ per year) | Amount (4 years) | GPA | SAT | ACT | CLT |
|---|---|---|---|---|---|---|
| President | $21,000 | $84,000 | 3.70+ | 1430 | 32 | 103 |
| Dean | $19,000 | $76,000 | 3.70+ | 1270 | 27 | 90 |
| Faculty | $17,000 | $68,000 | 3.70+ | - | - | - |
| Trustee | $15,000 | $60,000 | 3.30-3.69 | - | - | - |
| Director | $11,000 | $44,000 | 3.29 & below | - | - | - |
*Students must maintain a 3.0 GPA at Taylor to retain the President, Dean, and Faculty scholarships, otherwise the scholarship drops to the Trustee Scholarship level. Scholarship amounts are for new freshman students entering during the 2025-26 academic year.
Student Loan Debt: A Responsible Approach
Understanding student loan debt is crucial for financial well-being after graduation. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.
At Taylor University, the median federal loan debt among borrowers who completed their undergraduate degree is $20,500. 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 $217.
For the 2024 graduating class:
- Average Total Indebtedness: $26,666
- Percentage of students who borrowed any loan type: 46%
Additionally, 8% of graduating students at Taylor University took out private loans. Students with private loans had an average of $40,864 in private loan debt at graduation.
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Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $4,683.
Tuition Guarantee Plans
Tuition at time of first enrollment guaranteed only to students making advance payment.
Tuition & Fees: Detailed Breakdown for 2025-2026
Here's a more detailed look at the tuition and fees for the 2025-2026 academic year:
Full-Time Students (Fall/Spring, per semester)
- Tuition (12+ Credit Hours): $20,150
- Additional Credit (17+ Credit Hours): $607 per credit
- Health Service Fee: $87
- Student Activity Fee (TSO): $80
- Residence Hall Housing: $2,925
Part-Time Students (Fall/Spring, per semester)
- 1-6 Credit Hours: $1,128 per credit hour
- 7-11 Credit Hours: $1,420 per credit hour
- Audit hours $266 per credit hour
Housing Options (per semester)
- Residence Hall Housing: $2,925
- Corner House & Honors Lodge: $2,925
- Residential Villages & Haven Apartments: $3,251
- Campbell and Wolgemuth Apartments: $3,074
- Delta Apartments: $2,486
- Casa Apartments: $2,779
Meal Plan Options (per semester)
- 19 Meals: $2,717 (Freshmen are required to take this plan for the full year.)
- 150 dining dollars**
- 14 Meals: $2,499
- 75 dining dollars**
- 10 Meals: $1,682
- 25 dining dollars**
- 7 Meals: $1,182
- 25 dining dollars**
**Dining dollars, which are included in each meal plan, may be used to purchase value meals or single items at the Campus Center or at the Dining Commons.
J-Term (January Term)
Taylor students enrolled full-time in either fall or spring can attend tuition free in January. This can save you up to $15,000 over four years. The J-term program allows you to finish your degree faster or participate in unique global experiences.
- J-Term Fee for all students participating in J-Term: $690
- Tuition charge for full-time students enrolled in either spring or fall up to 4 credit hours: $0
- Tuition per credit hour for students enrolled part-time in the fall or spring: $1,128
- Tuition per credit hour for students enrolled in J-Term only: $1,420
- Tuition per credit hour for full-time students enrolled in over 4 credit hours: $607
- Health Service Fee for students staying on campus: $26
J-Term Meal Plan and Housing
- 19 Meals: $741
- 14 Meals: $679
- 10 Meals: $459
- 7 Meals: $322
- Housing: There will be no charge for housing students staying on campus over J-Term.
J-Term Trips
- J-Term Fee (This fee is charged to each student participating in any trip during J-Term) $690
- Off-Campus Program Fee (This fee is for students traveling in J-Term. It supports Taylor’s administrative and crisis support for international travel) $150
- CISI Fee (Health Plan purchased for each student who travels internationally) TBD
- Foreign Liability Insurance Fee (This fee is for general liability for all international trips) $20
- Trip Fee (This fee covers travel expenses, i.e. food, travel, tours, etc.) TBD
Students planning a J-Term trip should ensure their passport is valid through July 2026. Students with past due balances from a previous term cannot register for courses or make deposits for J-Term trips.
Summer 2025
- Summer on-campus tuition per credit hour: $747
- Practicums, Internships, and Direct Research per credit hour: $618
- Summer Brightspace per credit hour: $400
- Summer housing per month: $250
- Meal Plan: There is no meal plan available over the summer.
Due Dates
- Fall Semester: bill will go out on 07/10/2025. Due on 08/10/2025.
- J-term and Spring Semester: bill will go out on 12/10/2025.
Additional Expenses to Consider
Beyond tuition and fees, students should budget for:
- Books and Supplies: $1,238 per year
- Personal Expenses: $1,240 per year
- Transportation: $1,450 per year
These costs are estimates, and actual expenses may vary. Educational costs include items like tuition, fees, housing, and food, which are commonly called direct or billable charges - because you are charged these costs each term while enrolled. However, there are also indirect costs like books, course materials, supplies, equipment, transportation, and other personal miscellaneous expenses you may incur but aren’t part of your bill. View our estimated cost of attendance based on your selections below. This cost of attendance is estimated as some costs are based on individual registration each semester.
Other Financial Aid Information
Taylor University met 85% of its students’ financial aid need.
Institution is G.I. Bill certified: Yes
Institution participates in Yellow Ribbon Program: Yes
The Value of a Taylor Education
While the cost of education is a significant factor, it's essential to consider the return on investment. Taylor University highlights several points:
- Faster Graduation: Taylor students finish in an average of 3.9 years-that’s more than a full year ahead of the national average.
- Lower Debt: In 2023, 58% of Taylor graduates carried student loans, with an average debt of $26,015. Nationally, 62% of private college graduates owed an average of $33,600.
- High Graduation and Success Rates: Taylor boasts a 91% graduation rate and a 98% success rate.
The investment in a Taylor education has a cost, but the personal, professional, and eternal benefits far outweigh the expense. While we can demonstrate the value through our 91% graduation rate and 98% success rate, families experience the inherent value during a visit to campus and participating in chapel, talking with students, and meeting with faculty. Our financial aid programs assist families in reducing their actual costs at Taylor with 99% of undergraduate students receiving some kind of assistance.
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