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#5 Best Public Universities in Louisiana

ULM Tuition & Cost

Monroe, Louisiana

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How much does it cost to attend?

In State Louisiana Resident Sticker Price

$24,438
In State Costs for University of Louisiana Monroe
Fee Cost
Tuition$5,788
Other Fees$3,270
Books and Supplies$1,300
Room and Board $9,390
Other Expenses Budget$4,690

Out of State Resident Sticker Price

$36,538
Out of State Costs for University of Louisiana Monroe
Fee Cost
Tuition$17,888
Other Fees$3,270
Books and Supplies$1,300
Room and Board $9,390
Other Expenses Budget$4,690

In-State Tuition

In-state tuition at University of Louisiana Monroe for undergraduate students residing in Louisiana is $5,788. Room and board charges total $9,390 per year. Students will also need to budget for books and supplies, which typically amount to $1,300 annually. Other administrative or academic fees are $3,270 for the year. Additionally, students should plan an estimated $4,690 for other miscellaneous expenses throughout the year. In sum, residents attending University of Louisiana Monroe full time should expect a total annual cost of $24,438.

Out-of-State Tuition

Undergraduate tuition at University of Louisiana Monroe is $17,888 for out-of-state students. Additionally, out-of-state students are charged $9,390 for room and board, $1,300 for textbooks and educational resources, plus fees of $3,270. Students are advised to budget $4,690 for other expenses. When these costs are combined, annual out-of-state charges total $36,538. This figure is 49.5% higher than what Louisiana residents pay.

Housing Costs

On campus room and board is provided by the school at a cost of $9,390 per academic year. Students electing to live off campus elsewhere in Monroe should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,300.

Other Living Expenses

If living on-campus, students should budget for $4,690 in additional living expenses. Off-campus students should budget for $5,190 in other miscellaneous living expenses.

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 Louisiana Monroe for students receiving grants or scholarship aid was $10,134* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$10,134

Below is the average net price by student family income.

Net Price by Income University of Louisiana Monroe
Family Income Net Price Paid
$0 to $30,000$9,638
$30,001 to $48,000$9,414
$48,001 to $75,000$11,384
$75,001 to $110,000$13,028
$110,000+$13,918

The net price provides a more realistic estimate of the true cost of attending University of Louisiana Monroe, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

98% of full-time undergrad University of Louisiana Monroe received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,376 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

46 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $5,029. To apply for a Pell Grant to attend University of Louisiana Monroe, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

46% of students received Federal Student Loans averaging $4,875 and 2% of undergrads took out private student loans averaging $8,688.

Finanical Aid University of Louisiana Monroe
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,376 98%
Institutional Grants and Scholarships $6,565 63%
Pell Grants $5,029 46%
Other Federal Grants $453 82%
State and Local Grants $5,306 81%
Federal Student Loans $4,875 46%
Other Student Loans $8,688 2%

Financial Aid Mix - $24,438 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $24,438. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

58%
25%
18%

Grants and Scholarships

58% - $11,376

Money granted to you by the U.S. Department of Education, University of Louisiana Monroe or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

25% - $4,875

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

18% -  $3,497

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to University of Louisiana Monroe, we've modeled a ten year student loan with an original principal value of $40,536. The loan balance of $40,536 is a four year multiple of the $10,134 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 $440 could be required to pay off your student loan. The total of all payments including interest would sum $52,790.65.

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 5.5%.

Example Loan $40,536
Stafford Loan Interest Rate 5.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $439.92
Total Interest Paid $12,254.65
Sum of All Loan Payments $52,790.65

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending University of Louisiana Monroe, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $52,790.65 would be needed to afford a $439.92 monthly payment in the example $40,536.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about University of Louisiana Monroe student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$97,752
Year Louisiana Residents Non Residents
1 $24,438 $36,538
2 $26,149 $39,096
3 $27,979 $41,832
4 $29,938 $44,761

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Louisiana Monroe to be $97,752 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Louisiana Monroe
Price Per Credit 3 Credit Class 4 Credit Class
Louisiana Residents $283 $849 $1,132
Out of State Residents $451 $1,353 $1,804

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

Tuition Payment Plans Available

University of Louisiana Monroe Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Tuition History

Historical in-state and out-of-state tuition and price increases for University of Louisiana Monroe.

YearIn-StateOut-of-stateAnnual Increase
2021$5,788$17,888 0%
2020$5,788$17,888 0%
2019$5,788$17,888 0%
2018$5,788$17,888 0%
2017$5,788$17,888 0%
2016$5,788$17,888 5.5%
2015$5,484$17,584 10%
2014$4,986$17,144 10%
2013$4,532$15,104 30.3%
2012$3,478$11,424 15.4%
2011$3,013$10,302 -21%
2010$3,813$10,070 0.6%
2009$3,791$9,743 5.1%
2008$3,607$9,559 3%
2007$3,501$9,453 4.4%
2006$3,353$9,305 9%
2005$3,076$9,028 5.7%
2004$2,910$8,862 18.6%
2003$2,454$8,406 6.4%
2002$2,307$8,259 0%
2001$2,307$8,259 12.5%
2000$2,051$8,003 0%
1999$2,051$6,875 6.2%
1998$1,932$4,332 0.4%
1997$1,925$4,325 0%
1996$1,925$4,325 0%
1995$1,925$4,085 0%
1994$1,925$3,685 18.5%
1993$1,625$3,209 0%
1992$1,625$3,209 0.6%
1991$1,615$3,199 0.7%
1990$1,603$2,743 13.4%
1989$1,413$2,553 16%
1988$1,218$2,352 0%
1987$1,218$2,358

College Savings Calculator

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Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a University of Louisiana Monroe student loan.

Prepayment Option

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=159993 IPEDS survey data for University of Louisiana Monroe.