D
Private 4 Year

Davenport University Tuition & Cost

Grand Rapids, Michigan

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How much does it cost to attend?

Sticker Price
$34,406
Costs for Davenport University
Fee Cost
Tuition$19,320
Books and Supplies$1,008
Other Fees$940
Room and Board $10,268
Other Expenses Budget$2,870

Annual Prices

The annual list price to attend Davenport University on a full time basis for 2020/2021 is $34,406 for all students regardless of their residency. This fee is comprised of $19,320 for tuition, $10,268 room and board, $1,008 for books and supplies and $940 for other fees. Out of state tuition for Davenport University is $19,320, the same as Michigan 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 Davenport University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$18,333
Net Price by Income Davenport University
Family Income Net Price Paid
$0 to $30,000$17,734
$30,001 to $48,000$22,260
$48,001 to $75,000$21,874
$75,001 to $110,000$25,120
$110,000+$24,991

The average reported annual net price for Davenport University for students receiving grants or scholarship aid was $18,333 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

99% of full-time undergrad Davenport University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $13,412 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 60% of students received Federal Student Loans averaging $9,920 and 14% of undergrads took out private student loans averaging $13,602.

Finanical Aid Davenport University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $13,412 99%
Institutional Grants and Scholarships $9,506 98%
Pell Grants $4,654 37%
Other Federal Grants $1,235 52%
State and Local Grants $3,573 44%
Federal Student Loans $9,920 60%
Other Student Loans $13,602 14%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Davenport University, we've modeled a ten year student loan with an original principal value of $65,608. The loan balance of $65,608 is a four year multiple of the $16,402 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 $626 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 $65,608
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $625.97
Total Interest Paid $9,508.72
Sum of All Loan Payments $75,116.72

Projected 4 Year Degree Price

4 Year Sticker Price
$137,624
Year All Residents
1 $34,406
2 $36,276
3 $38,247
4 $40,326

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Davenport University to be $137,624 - assuming graduation in normal time. The estimation assumes a 5.4% 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 Davenport University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $805 $2,415 $3,220

Estimated cost for a class at Davenport University 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 Davenport University versus other colleges.

Tuition Payment Plans Available

Davenport University 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=169479 IPEDS survey data for Davenport University.