$15,940

Tuition

$27,180

Cost of Attendance

$17,420

Net Price

Thomas University Tuition and Fees

Thomas University is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at TU is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $16,940, which includes the total tuition fees and other expenses. The housing costs $7,040, books and supplies cost $2,000, while the other expenses add up to $2,200.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$16,940$16,940
Book & Supplies$1,000$1,000
Room & Board cost$7,040$7,040
Other Expenses$2,200$2,200
Total Cost of Attendance$27,180$27,180

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the 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 $16,940. Apart from that, they should also pay an average amount of $2,000 toward books and supplies, $6,180 for room and boarding charges, and $2,200 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at TU is around $27,320, as per the available information.

Average Net Price by Family Income

Net Price

$17,420

Family Income

Avg. Net Price

$0 to $30,000

$17,256

$30,001 to $48,000

$22,335

$48,001 to $75,000

$26,072

$75,001 to $110,000

$16,093

$110,000+

NA

As for the net cost for attending TU, 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 $23,103 at TU. The net price for students with an annual family income below $30,000 is reported to be around $24,231. For the individuals who come under the $30,001-$48,000 income category, the net cost is $22,662. Meanwhile, the net price stands at $26,530 for the $48,001-$75,000 income bracket and at $18,004 for an income between $75,001 and $110,000.

Student Loans

Example Loans

$43,944

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$456

Total interest paid

$10,781

Sum of Loan Payments

$54,725

To have a realistic understanding of how much it will cost to study at Thomas University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $43,944 for example. This will result in a $5,472 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 $54,725 which is $10,781 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$16,940$16,940
Room & Board Cost$7,040$7,040
Total Tuition & Fees$23,980$23,980

At Thomas University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $16,940 in a year. Moreover, the applicants must also pay an amount of $6,180 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $27,320.

Graduate Tuition and Fees

In-stateOut-State
Tuition$11,790$11,790
Fees$700$700

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at TU, the amount totals around $12,490. This sum includes their graduate tuition of $11,790 and the graduation fees of $700 as well.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$655
Undergraduate2018 - 2019$630

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 Thomas University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $208 and the undergraduate cost per credit hour at $130. Thomas University also offers a wide range of online programs across 21 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,040$5,320
Other Expense$2,200$2,200
Book & Supplies$1,000$1,000

Moving on to the housing and related expenses at Thomas University, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $9,240 per year, whereas, the cost for off-campus lodging is $7,520 a year. The room and boarding charges for on-campus students come to around $7,040, while the off-campus candidates would need to pay $5,320. Coming to the books and supplies charges, the students will be required to pay an amount of $2,000. Meanwhile, the other expenses that a student needs to plan for add up to $2,200.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,040

Off Campus

$5,320

Housing & Other Expenses

Other Expenses

On Campus

$2,200

Off Campus

$2,200

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Moving on to the housing and related expenses at Thomas University, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $9,240 per year, whereas, the cost for off-campus lodging is $7,520 a year. The room and boarding charges for on-campus students come to around $7,040, while the off-campus candidates would need to pay $5,320. Coming to the books and supplies charges, the students will be required to pay an amount of $2,000. Meanwhile, the other expenses that a student needs to plan for add up to $2,200.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters NA $655
Bachelors NA $504
Associate $25,200 $630

Thomas University offers 8 online programs across 8 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 $136,101. Notably, the total expenses for undergraduate students amounted to $23,103 in 2018-2019, $17,420 in 2017-2018, and $22,447 in 2016-2017.

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