#3 Best Value Colleges in Texas

Austin College Tuition & Cost

Sherman, Texas

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How much does it cost to attend?

Sticker Price
Costs for Austin College
Fee Cost
Books and Supplies$1,250
Other Fees$185
Room and Board $12,752
Other Expenses Budget$1,400

Annual Prices

The annual list price to attend Austin College on a full time basis for 2021/2022 is $58,927 for all students regardless of their residency. This fee is comprised of $43,340 for tuition, $12,752 room and board, $1,250 for books and supplies and $185 for other fees. Out of state tuition for Austin College is $43,340, the same as Texas residents.

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

Net Price

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

Average Net Price 2019/2020
Net Price by Income Austin College
Family Income Net Price Paid
$0 to $30,000$17,365
$30,001 to $48,000$15,894
$48,001 to $75,000$18,555
$75,001 to $110,000$23,935

The average reported annual net price for Austin College for students receiving grants or scholarship aid was $24,085 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

100% of full-time undergrad Austin College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $33,012 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 57% of students received Federal Student Loans averaging $5,263 and 15% of undergrads took out private student loans averaging $16,161.

Finanical Aid Austin College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $33,012 100%
Institutional Grants and Scholarships $28,749 100%
Pell Grants $5,002 37%
Other Federal Grants $1,256 79%
State and Local Grants $3,434 42%
Federal Student Loans $5,263 57%
Other Student Loans $16,161 15%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Austin College, we've modeled a ten year student loan with an original principal value of $85,020. The loan balance of $85,020 is a four year multiple of the $21,255 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 $811 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 $85,020
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $811.18
Total Interest Paid $12,322.15
Sum of All Loan Payments $97,342.15

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $58,927
2 $60,898
3 $62,935
4 $65,040

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Austin College to be $235,708 - 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 Austin College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,514 $4,542 $6,056

Estimated cost for a class at Austin College 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 Austin College versus other colleges.

Tuition Payment Plans Available

Austin College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=222983 IPEDS survey data for Austin College.