#6 Best Private Colleges in Indiana

UE Tuition & Cost

Evansville, Indiana

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How much does it cost to attend?

Sticker Price

Costs for University of Evansville
Fee Cost
Books and Supplies$1,200
Other Fees$1,206
Room and Board $13,420
Other Expenses Budget$2,044

Annual Tuition & Costs

The annual tuition to attend University of Evansville is $38,600. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $13,420. For educational materials, students should allocate approximately $1,200 for books and supplies plus $1,206 for other fees charged by the school. Finally, students should budget $2,044 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend University of Evansville on a full-time basis is $56,470 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

The average reported annual net price for University of Evansville for students receiving grants or scholarship aid was $23,212 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending University of Evansville, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

Net Price by Income University of Evansville
Family Income Net Price Paid
$0 to $30,000$17,071
$30,001 to $48,000$19,897
$48,001 to $75,000$20,890
$75,001 to $110,000$27,043

Financial Aid

100% of full-time undergrad University of Evansville received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $28,001 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 54% of students received Federal Student Loans averaging $5,379 and 10% of undergrads took out private student loans averaging $14,693.

Finanical Aid University of Evansville
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $28,001 100%
Institutional Grants and Scholarships $25,025 100%
Pell Grants $4,372 26%
Other Federal Grants $1,681 9%
State and Local Grants $6,959 24%
Federal Student Loans $5,379 54%
Other Student Loans $14,693 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Evansville, we've modeled a ten year student loan with an original principal value of $77,664. The loan balance of $77,664 is a four year multiple of the $19,416 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 $823 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 4.99%.

Example Loan $77,664
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $823.37
Total Interest Paid $21,140.12
Sum of All Loan Payments $98,804.12

Projected 4 Year Degree Price

4 Year Sticker Price

Year All Residents
1 $56,470
2 $58,427
3 $60,451
4 $62,546

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Evansville to be $225,880 - assuming graduation in normal time. The estimation assumes a 3.5% 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 Evansville
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,080 $3,240 $4,320

Estimated cost for a class at University of Evansville 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 Evansville versus other colleges.

Tuition Payment Plans Available

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

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=150534 IPEDS survey data for University of Evansville.