#11 Best Private Colleges in North Carolina

Methodist Tuition & Cost

Fayetteville, North Carolina

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How much does it cost to attend?

Sticker Price
Costs for Methodist University
Fee Cost
Books and Supplies$1,400
Other Fees$374
Room and Board $12,828
Other Expenses Budget$8,158

Annual Prices

The annual list price to attend Methodist University on a full time basis for 2018/2019 is $56,908 for all students regardless of their residency. This fee is comprised of $34,148 for tuition, $12,828 room and board, $1,400 for books and supplies and $374 for other fees. Out of state tuition for Methodist University is $34,148, the same as North Carolina residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

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

Average Net Price 2018/2019
Net Price by Income Methodist University
Family Income Net Price Paid
$0 to $30,000$31,953
$30,001 to $48,000$30,167
$48,001 to $75,000$31,402
$75,001 to $110,000$33,149

The average reported annual net price for Methodist University for students receiving grants or scholarship aid was $32,578 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

99% of full-time undergrad Methodist 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 $22,235 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 71% of students received Federal Student Loans averaging $5,530 and 10% of undergrads took out private student loans averaging $12,991.

Finanical Aid Methodist University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $22,235 99%
Institutional Grants and Scholarships $18,364 98%
Pell Grants $4,321 45%
Other Federal Grants $2,631 12%
State and Local Grants $4,694 39%
Federal Student Loans $5,530 71%
Other Student Loans $12,991 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Methodist University, we've modeled a ten year student loan with an original principal value of $107,404. The loan balance of $107,404 is a four year multiple of the $26,851 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 $1,025 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 $107,404
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,024.75
Total Interest Paid $15,566.32
Sum of All Loan Payments $122,970.32

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $56,908
2 $59,037
3 $61,247
4 $63,538

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Methodist University to be $227,632 - assuming graduation in normal time. The estimation assumes a 3.7% 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 Methodist University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,101 $3,303 $4,404

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

Tuition Payment Plans Available

Methodist 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=198969 IPEDS survey data for Methodist University.