$33,864

Tuition

$47,228

Cost of Attendance

$25,382

Net Price

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Taylor University Tuition and Fees

Taylor 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. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $35,305, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $9,950, $1,100, and $2,400, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$34,114$34,114
Book & Supplies$1,100$1,100
Room & Board cost$9,614$9,614
Other Expenses$2,400$2,400
Total Cost of Attendance$47,228$47,228

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 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. For students attending the university, the total tuition and fees for one year add up to about $35,305. Apart from that, they should also pay an average amount of $1,100 toward books and supplies, $8,955 for room and boarding charges, and $2,400 toward other expenses in a year. So, the overall cost of attending TU comes out to be about $47,760 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$25,382

Family Income

Avg. Net Price

$0 to $30,000

$15,959

$30,001 to $48,000

$19,123

$48,001 to $75,000

$22,878

$75,001 to $110,000

$24,918

$110,000+

$29,086

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. Simply put, the family income of the candidate is a key factor in determining the net amount. At TU, the average net price is estimated to be $26,703. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $18,399. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $21,171. Meanwhile, the net price stands at $22,891 for the $48,001-$75,000 income bracket and at $25,559 for an income between $75,001 and $110,000. This amount adds up to $30,799 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$97,568

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,013

Total interest paid

$23,937

Sum of Loan Payments

$121,505

To have a realistic understanding of how much it will cost to study at Taylor University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $97,568 for example. This will result in a $12,150 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 $121,505 which is $23,937 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$34,114$34,114
Room & Board Cost$9,614$9,614
Total Tuition & Fees$43,728$43,728

At Taylor University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $35,305 per year. Alongside that, they will likewise need to shell out around $8,955 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $47,760 per year, based on the available data.

Graduate Tuition and Fees

In-stateOut-State
Tuition$12,700$12,700
Fees$76$76

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at TU, the amount stands at $12,790 per year. This includes $12,700 for the graduate tuition as well as an amount of $90 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$635
Undergraduate2018 - 2019$1,193

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 Taylor University varies between graduate and undergraduate degrees. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $213 and for undergraduate courses, it stands at $271. Taylor University also offers a wide range of online programs across 72 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$9,614$7,691
Other Expense$2,400$2,400
Book & Supplies$1,100$1,100

Now, coming to the lodging and related expenses at TU, 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 $12,350 per year, while students have to pay $10,360 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $9,950 per year, while the amount charged for off-campus candidates stands at $7,960. In addition to that, the candidates will have to pay an amount of about $1,100 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $2,400.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,614

Off Campus

$7,691

Housing & Other Expenses

Other Expenses

On Campus

$2,400

Off Campus

$2,400

Housing & Other Expenses

Book & Supplies

On Campus

$1,100

Off Campus

$1,100

Now, coming to the lodging and related expenses at TU, 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 $12,350 per year, while students have to pay $10,360 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $9,950 per year, while the amount charged for off-campus candidates stands at $7,960. In addition to that, the candidates will have to pay an amount of about $1,100 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $2,400.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $26,400 $400
Certificate $8,800 $400
Certificate $8,800 $400

Taylor University offers 5 online programs across 3 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 $240,741. In contrast, the total expenses for undergraduate students amounted to $26,703 in 2018-2019, $25,382 in 2017-2018, and $25,734 in 2016-2017.

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