$27,965

Tuition

$41,887

Cost of Attendance

$18,780

Net Price

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Friends University Tuition and Fees

Friends University offers undergraduate and postgraduate 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. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $29,394, which includes the total tuition fees and other expenses. The housing facilities, books and supplies, and other expenses cost $7,980, $1,500, and $4,000, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$28,415$28,415
Book & Supplies$1,500$1,500
Room & Board cost$7,972$7,972
Other Expenses$4,000$4,000
Total Cost of Attendance$41,887$41,887

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. The total tuition and fees for students attending Friends University come out to be around $29,394 per year. Other than that, they will need to shell out an amount of $1,500 for books and supplies, $7,980 for room and boarding charges, and $4,000 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the university adds up to around $42,874 per year.

Average Net Price by Family Income

Net Price

$18,780

Family Income

Avg. Net Price

$0 to $30,000

$15,963

$30,001 to $48,000

$14,409

$48,001 to $75,000

$18,854

$75,001 to $110,000

$19,093

$110,000+

$21,056

As for the net cost for attending FU, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $20,641 at FU. For students with a family income below $30,000, the estimated net price is $18,294, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $18,725. Meanwhile, the net price stands at $19,583 for the $48,001-$75,000 income bracket and at $21,691 for an income between $75,001 and $110,000. This amount adds up to $24,184 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$72,124

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$748

Total interest paid

$17,695

Sum of Loan Payments

$89,819

To have a realistic understanding of how much it will cost to study at Friends University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $72,124 for example. This will result in a $8,982 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 $89,819 which is $17,695 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$28,415$28,415
Room & Board Cost$7,972$7,972
Total Tuition & Fees$36,387$36,387

At Friends University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $29,394 in a year. They would also be required to pay around $7,980 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $42,874.

Graduate Tuition and Fees

In-stateOut-State
Tuition$10,638$10,638
FeesN/AN/A

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at FU, the amount totals around $11,358. It is interesting to note that Friends University does not charge any graduation fees from students.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$591
Undergraduate2018 - 2019$932

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 Friends University varies for graduate and undergraduate courses. The cost per credit hour for graduate degrees sits at $189, while that of undergraduate degrees is $226, as per the 2019-2020 fee structure. Friends University also offers a wide range of online programs across 51 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,972$7,972
Other Expense$4,000$4,000
Book & Supplies$1,500$1,500

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at FU. To note, students have to pay $11,980 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $7,980 per year. On the other hand, the charges toward books and supplies come to around $1,500. Apart from these, the other expenses that a candidate needs to plan for add up to around $4,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,972

Off Campus

$7,972

Housing & Other Expenses

Other Expenses

On Campus

$4,000

Off Campus

$4,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,500

Off Campus

$1,500

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at FU. To note, students have to pay $11,980 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $7,980 per year. On the other hand, the charges toward books and supplies come to around $1,500. Apart from these, the other expenses that a candidate needs to plan for add up to around $4,000.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $27,965 NA
Masters $20,430 NA

Friends University offers 17 online programs across 5 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 $215,716. Notably, the total expenses for undergraduate students amounted to $20,641 in 2018-2019, $18,780 in 2017-2018, and $21,304 in 2016-2017.

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Business ManagementInformation SystemsComputer ScienceEducationHealth Science

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