What Does It Cost to Attend Villanova University?
Located just 12 miles outside Philadelphia, Villanova holds the distinction of being the only Augustinian Catholic university in the U.S. This exclusivity, coupled with the school’s exceptional academics, may help explain the high bill for tuition and fees.
If you’re seeing the Villanova sticker price for the first time, you might think twice about applying for admission. However, prospective students should note that a majority of students don’t pay the list price to attend this institution. Read on to learn about the variability of college pricing, along with what it really costs to attend Villanova University.
Why College Costs Are Highly Variable
Like many top colleges and universities, Villanova has a high sticker price that can make students think twice about applying. However, the truth is a majority of students qualify for financial aid that can lower this rate. Instead of focusing on the list price, take the time to determine the school’s net price, or cost of tuition after subtracting all government and institutional grants and scholarships.
Although families often encourage their kids to apply to public schools, it’s worth looking at private colleges and universities, as well. Because they boast large endowments, private schools can afford to give out more money in the form of scholarships and grants. The result might be a more affordable educational experience.
What Is the List Price at Villanova University?
Villanova has a high list price that may prevent some students from applying. For the 2017-2018 school year, the price for tuition and fees totaled $68.231 for all full time students regardless of their residency. Students from families earning less than $175,000 a year and those in the top 30% of incoming freshmen were unlikely to pay the list price, though.
What Is the Villanova University Financial Aid Net Price?
The net price of attending Villanova is considerably less than the sticker price. For the 2016-2017 academic year, students paid an average of $57,902 a year.
What Is the Family Income-Based Cost of Attending Villanova University?
The price students pay to attend Villanova University varies depending on a family’s income bracket. View average net prices per family salary below:
|Family Income||Average Net Price|
How Much Merit Aid Do Villanova Students Receive?
Merit-based aid can reduce the overall cost of your college education. However, only a small portion of students at this school qualify for aid. Currently, Villanova awards merit aid to 13.4% of students, with an average amount per undergraduate of $1,951. For students who don’t qualify for need-based aid, the average tuition cost was $63,822.
How Many Villanova University Students Take Out Loans?
Prospective Villanova students can take out loans to pay for college. For Villanova students, the average student loan per undergraduate is $5,272. Currently, around 60% of students receive this form of aid.
Student Outcomes at Villanova University
If you want to make sure a Villanova University degree is a good investment, it’s wise to do your homework. Parents can feel relatively confident that their students will graduate on time, as the school has a six-year graduation rate of 90%. Ten years after graduating, the average Villanova student was earning $77,900.
Local Area Cost Considerations
If your high schooler is thinking of attending Villanova, then you may want to start by researching how much it costs to live and go to school in the region. With a cost of living index of 222.7, Villanova is more than twice as expensive as the average city in the U.S. Expect to pay $992 for a one-bedroom rental, $1200 for a two-bedroom, and $1503 for a three-bed.
Students who want to work part time to pay for housing and other expenses may have to work long hours. The minimum wage in Pennsylvania is just $7.25. However, if you decide to stay in town after graduation, you can expect to earn around $159,000 annually.
Ways to Save Money on College
If you plan to work while attending school, consider seeking a work-study position at Villanova University. These on-campus jobs afford students the opportunity to read and do homework while earning extra money for expenses.
For students who prefer to focus on their schoolwork, independent scholarships can help bridge the gap between financial aid and the total cost of tuition. Consider applying to the the National Merit Scholarship program, which provides grant money to students scoring in the top 1 percent of PSAT test takers. Approximately 15,000 students a year receive financial support from this program.
Find out about additional Villanova University scholarships and grants on the school website.
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