#17 Best Private Colleges in Texas

Howard Payne University Tuition & Cost

Brownwood, Texas

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How much does it cost to attend?

Sticker Price
Costs for Howard Payne University
Fee Cost
Books and Supplies$1,200
Other Fees$3,200
Room and Board $8,805
Other Expenses Budget$2,696

Annual Prices

The annual list price to attend Howard Payne University on a full time basis for 2018/2019 is $41,899 for all students regardless of their residency. This fee is comprised of $25,998 for tuition, $8,805 room and board, $1,200 for books and supplies and $3,200 for other fees. Out of state tuition for Howard Payne University is $25,998, the same as Texas 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 Howard Payne 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 Howard Payne University
Family Income Net Price Paid
$0 to $30,000$16,048
$30,001 to $48,000$20,733
$48,001 to $75,000$22,179
$75,001 to $110,000$24,593

The average reported annual net price for Howard Payne University for students receiving grants or scholarship aid was $23,026 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

83% of full-time undergrad Howard Payne 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 $16,925 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 64% of students received Federal Student Loans averaging $5,370 and 19% of undergrads took out private student loans averaging $13,053.

Finanical Aid Howard Payne University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $16,925 83%
Institutional Grants and Scholarships $12,815 83%
Pell Grants $4,500 33%
Other Federal Grants $1,367 13%
State and Local Grants $3,301 54%
Federal Student Loans $5,370 64%
Other Student Loans $13,053 19%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Howard Payne University, we've modeled a ten year student loan with an original principal value of $67,964. The loan balance of $67,964 is a four year multiple of the $16,991 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 $648 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 $67,964
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $648.45
Total Interest Paid $9,850.18
Sum of All Loan Payments $77,814.18

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $41,899
2 $43,074
3 $44,283
4 $45,525

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Howard Payne University to be $167,596 - assuming graduation in normal time. The estimation assumes a 2.8% 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 Howard Payne University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $895 $2,685 $3,580

Estimated cost for a class at Howard Payne 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 Howard Payne University versus other colleges.

Tuition Payment Plans Available

Howard Payne 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=225548 IPEDS survey data for Howard Payne University.