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Private 4 Year

University of Mobile Tuition & Cost

Mobile, Alabama

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How much does it cost to attend?

Sticker Price
$40,746
Costs for University of Mobile
Fee Cost
Tuition$22,700
Books and Supplies$1,800
Other Fees$1,610
Room and Board $9,886
Other Expenses Budget$4,750

Annual Prices

The annual list price to attend University of Mobile on a full time basis for 2020/2021 is $40,746 for all students regardless of their residency. This fee is comprised of $22,700 for tuition, $9,886 room and board, $1,800 for books and supplies and $1,610 for other fees. Out of state tuition for University of Mobile is $22,700, the same as Alabama residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend University of Mobile when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$22,197
Net Price by Income University of Mobile
Family Income Net Price Paid
$0 to $30,000$19,653
$30,001 to $48,000$20,348
$48,001 to $75,000$24,535
$75,001 to $110,000$26,327
$110,000+$26,549

The average reported annual net price for University of Mobile for students receiving grants or scholarship aid was $22,197 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

98% of full-time undergrad University of Mobile received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $15,129 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 65% of students received Federal Student Loans averaging $5,510 and 3% of undergrads took out private student loans averaging $12,501.

Finanical Aid University of Mobile
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $15,129 98%
Institutional Grants and Scholarships $12,372 97%
Pell Grants $4,940 37%
Other Federal Grants $730 14%
State and Local Grants $1,229 71%
Federal Student Loans $5,510 65%
Other Student Loans $12,501 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Mobile, we've modeled a ten year student loan with an original principal value of $68,988. The loan balance of $68,988 is a four year multiple of the $17,247 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $658 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $68,988
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $658.22
Total Interest Paid $9,998.59
Sum of All Loan Payments $78,986.59

Projected 4 Year Degree Price

4 Year Sticker Price
$162,984
Year All Residents
1 $40,746
2 $42,098
3 $43,495
4 $44,938

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Mobile to be $162,984 - assuming graduation in normal time. The estimation assumes a 3.3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Mobile
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $810 $2,430 $3,240

Estimated cost for a class at University of Mobile based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Mobile versus other colleges.

Tuition Payment Plans Available

University of Mobile Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=101693 IPEDS survey data for University of Mobile.