$19,880

Tuition

$35,440

Cost of Attendance

$21,334

Net Price

Faulkner University Tuition and Fees

Faulkner University offers undergraduate, postgraduate, and doctoral programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Faulkner University comes to around $22,310, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $7,925, $1,800, and $4,550, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$21,690$21,690
Book & Supplies$1,800$1,800
Room & Board cost$7,750$7,750
Other Expenses$4,200$4,200
Total Cost of Attendance$35,440$35,440

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $22,310. Apart from that, they should also pay an average amount of $1,800 toward books and supplies, $8,062 for room and boarding charges, and $4,550 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at FU is around $36,722, as per the available information.

Average Net Price by Family Income

Net Price

$21,334

Family Income

Avg. Net Price

$0 to $30,000

$26,663

$30,001 to $48,000

$25,121

$48,001 to $75,000

$23,374

$75,001 to $110,000

$24,400

$110,000+

$26,501

The net price of attending Faulkner University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At FU, the average net price is estimated to be around $19,990. The net price for students with an annual family income below $30,000 is reported to be around $19,355. For the individuals who come under the $30,001-$48,000 income category, the net cost is $19,953. The amount stands at $21,419 for an annual income between $48,001 and $75,000, $21,302 for the $75,001-$110,000 income bracket, and $23,259 for a family income above $110,000.

Student Loans

Example Loans

$82,076

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$852

Total interest paid

$20,136

Sum of Loan Payments

$102,212

To have a realistic understanding of how much it will cost to study at Faulkner University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $82,076 for example. This will result in a $10,221 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $102,212 which is $20,136 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$21,690$21,690
Room & Board Cost$7,750$7,750
Total Tuition & Fees$29,440$29,440

At Faulkner University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $22,310 per year. Alongside that, they will likewise need to shell out around $8,062 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at FU adds up to $36,722.

Graduate Tuition and Fees

In-stateOut-State
Tuition$9,750$9,750
Fees$1,410$1,410

As for the students looking to enroll in postgraduate programs at FU, the tuition and fees they are charged add up to $11,530 per year. This includes $10,080 for the graduate tuition as well as an amount of $1,450 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$540
Undergraduate2018 - 2019$675

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Faulkner University varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $192 and for undergraduate courses, it stands at $171. Also, Faulkner University currently offers a number of online courses to students across 56 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,750$8,000
Other Expense$4,200$4,700
Book & Supplies$1,800$1,800

Now, coming to the lodging and related expenses at FU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $12,225 per year, while students have to pay $13,000 a year for off-campus housing. Besides, on-campus candidates will have to pay about $7,925 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $8,200. In addition to that, the candidates will have to pay an amount of about $1,800 for books and supplies. The other expenses that students should plan for come to around $4,300 for on-campus candidates and $4,800 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,750

Off Campus

$8,000

Housing & Other Expenses

Other Expenses

On Campus

$4,200

Off Campus

$4,700

Housing & Other Expenses

Book & Supplies

On Campus

$1,800

Off Campus

$1,800

Now, coming to the lodging and related expenses at FU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $12,225 per year, while students have to pay $13,000 a year for off-campus housing. Besides, on-campus candidates will have to pay about $7,925 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $8,200. In addition to that, the candidates will have to pay an amount of about $1,800 for books and supplies. The other expenses that students should plan for come to around $4,300 for on-campus candidates and $4,800 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $42,955 $355
Masters NA $570
Associate $24,495 $355
Doctorate $31,920 $665

Faulkner University offers 22 online programs across 10 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $184,939. For undergraduate students, the total expenses added up to $19,990 in 2018-2019, $21,334 in 2017-2018, and $19,337 in 2016-2017.

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