Midway University Tuition 2024| The College Monk

$24,500

Tuition

$41,430

Cost of Attendance

$22,791

Net Price

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Midway University Tuition and Fees

Midway 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 $24,850, which includes the total tuition fees and other expenses. The housing facilities, books and supplies, and other expenses cost $8,600, $1,200, and $7,000, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$24,750	$24,750
Book & Supplies	$1,200	$1,200
Room & Board cost	$8,480	$8,480
Other Expenses	$7,000	$7,000
Total Cost of Attendance	$41,430	$41,430

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. What's more, at Midway University, the total tuition and fees for the enrolled students come out to be around $24,850 in a year. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $8,600 for room and boarding charges, and $7,000 toward other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $41,650 per year.

Average Net Price by Family Income

Net Price

$22,791

Family Income

Avg. Net Price

$0 to $30,000

$18,443

$30,001 to $48,000

$19,758

$48,001 to $75,000

$22,458

$75,001 to $110,000

$23,851

$110,000+

$26,213

The net price of attending Midway 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $23,084 at MU. The net price for students with an annual family income below $30,000 is reported to be around $19,118. For the individuals who come under the $30,001-$48,000 income category, the net cost is $20,489. The amount stands at $23,441 for an annual income between $48,001 and $75,000, $24,967 for the $75,001-$110,000 income bracket, and $26,311 for a family income above $110,000.

Student Loans

Example Loans

$72,348

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$751

Total interest paid

$17,750

Sum of Loan Payments

$90,098

To have a realistic understanding of how much it will cost to study at Midway University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $72,348 for example. This will result in a $9,010 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 $90,098 which is $17,750 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$24,750	$24,750
Room & Board Cost	$8,480	$8,480
Total Tuition & Fees	$33,230	$33,230

At Midway University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $24,850 in a year. Moreover, the applicants must also pay an amount of $8,600 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $41,650.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$6,720	$6,720
Fees	$300	$300

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at MU, the amount stands at $6,390 per year. This includes $6,240 for the graduate tuition as well as an amount of $150 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$560
Undergraduate	2018 - 2019	$910

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Midway University varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $106 and the undergraduate cost per credit hour at $191.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$8,480	$8,480
Other Expense	$7,000	$7,000
Book & Supplies	$1,200	$1,200

Now, coming to the lodging and related expenses at MU, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $15,600 per year. Besides, the room and boarding charges for the students come to around $8,600 per year. On the other hand, the charges toward books and supplies come to around $1,200. Meanwhile, the other expenses that a student needs to plan for add up to $7,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,480

Off Campus

$8,480

Housing & Other Expenses

Other Expenses

On Campus

$7,000

Off Campus

$7,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Bachelors	$48,480	$404
Masters	$6,750	$225
Associate	$25,500	$425

Midway University offers 27 online programs across 7 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 $209,145. In comparison, the total expenses for undergraduate students stood at $23,084 for 2018-2019, $22,791 for 2017-2018, and $24,895 for 2016-2017.

Explore Programs by Major

Business Management Programs

Bachelor of Science

Tuition

Credits

Bachelor of Science in Business Administration

Type: online

Total Cost : $ 51000

Cost per credit: $ 425

Total Credits: 120

Midway University Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

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