Tuition and Cost to Attend Butler University

Annual Total Cost

The annual total cost to go to Butler University is $46,898 for the 2013/2014 academic year. The cost is the same for all students regardless of Indiana residence status as there is no in-state discount. The breakdown of this total cost is detailed as follows.

Undergraduate Tuition

Tuition for Butler University is $33,490 for the 2013/2014 academic year. This is 37% more expensive than the national average private non-profit four year college tuition of $24,476. The fee is $14,954 and 81% more expensive than the average Indiana tuition of $18,536 for 4 year colleges. Tuition ranks 66th in Indiana amongst 4 year colleges for affordability and is the 7th most expensive 4 year college in the state. Price does not vary by residence.

Housing Costs

On campus room and board is provided by the school at a cost of $11,530 per year. If you elect to live off campus elsewhere in Indianapolis, you should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,000.

Other Fees

There is an additional fee of $878 which is charged in addition to tuition.

Cost Itemization

Costs and Tuition Detail for Butler University
Expenditure Price
Indiana Resident Total Cost$46,898
Non-Resident Total Cost$46,898
   In-State Tuition$33,490
   Out-of-State Tution$33,490
   Room and Board$11,530
   Books and Supplies$1,000
   Other Fees$878

All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $46,898 published price if scholarship or grant aid is made available to you.

Net Price

The net out of pocket price you end up paying or financing though student loans is known as the net price. The reported Butler University net price for in-state students receiving aid was $29,032* for the 2010/2011 academic year.

Pell Grants and other Grant Aid

86% of Butler University students recieved grant aid in 2010/2011 to help defray the cost of tuition. The average total aid amount was $16,858. 19 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $3,852. To apply for a Pell Grant to attend Butler University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Butler University
Financial Aid Summary
Average Annual Net Price$29,032*
Percent of Students Receiving Grant Aid86%
Average Total Grant Aid$16,858
Percent of Students Receiving Pell Grants19%
Average Amount of Pell Grant Aid$3,852

Average Financial Aid Mix - $46,898 In-State Total Cost

Estimated coverage of the annual in-state tuition and living expenses of $46,898. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

16858
7124
22916

 36% - $16,858

Grants and Scholarships

Money granted to you by the U.S. Department of Education or Butler University. These are not loans and do not need to be repaid.

 15% - $7,124

Federal Loans

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

 49% -  $22,916

Out of Pocket

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

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 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.


Is it Worth the Cost?

To make a comparative assessment if Butler University is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 75/100 for Butler University. Considering an average net price paid of $29,032, this leads to an overall value ranking of 61/100. This places the school 210th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Cost of a Degree

When considering the cost to go to Butler University, the annual cost is often discussed but it's the "all in" multi year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Butler University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Butler University is $187,592 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $29,032 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $116,128**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $234,490 or $145,160 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 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.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Butler University.

Indiana Resident Tuition Per Semester$16,745
Indiana Resident Total Cost Per Semester$23,449

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Butler University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Butler University
Price per credit hour$1,310
Cost for one class (3 credit hours)$3,930
Cost for one class (4 credit hours)$5,240

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Student Loans

The secondry consideration after understanding the cost of college is figuring out how to finance it. Some students are fortunate enough to have some form of family financial assitance, but student loans end up financing a singificant portion of higher education in the U.S. 60% of Butler University students receive U.S. Federal Student Loans with an average Federal Loan aid amount of $7,124.

Example Loan Payments and Costs

How much are student loan payments for Butler University? Obviously this varies based on a number of factors - offsetting finacial aid you receieve, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $116,128, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $145,501.06. This could be your effective total out of pocket cost of an education at Butler University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 86% of students at this school who receive financial aid and you are paying an average annual net price of $29,032. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Butler University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Butler University Student Loan Payments
Example Payments
Monthly Loan Payment$1,212.51
Amount Borrowed$116,128.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$29,373.06
Sum of All Payments over 10 years$145,501.06

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Butler University? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. 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 condidering attending Butler University, you need to carefully 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 $145,501.06 would be needed to afford a $1,212.51 monthly payment in the example $116,128.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

For Profit / Not For Profit Status

Butler University is a private not for profit institution.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Butler University in the future? In the past five years, this school's published in-state tuition and fee total rose from $25,414 to $31,948. This amounts to an average annual price increase of 5.1%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $187,592.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Butler University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$64,496$257,983
Estimated Cost in 10 years for students enrolling in 2024$82,315$329,259
Estimated Cost in 15 years for students enrolling in 2029 $105,057$420,227
Estimated Cost in 18 years for students enrolling in 2032 $121,616$486,465

Tuition History

What was tuition at Butler University five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearTutionAnnual Increase
2010$29,2463.5%
2009$28,2665.4%
2008$26,8065.5%
2007$25,4146.9%
2006$23,7745.7%
2005$22,4846%
2004$21,2105.1%
2003$20,1905.5%
2002$19,1304.9%
2001$18,2305%
2000$17,3606.6%
1999$16,2804.6%
1998$15,5704.5%
1997$14,9006.5%
1996$13,9906.5%
1995$13,1306.9%
1994$12,2808.3%
1993$11,3408%
1992$10,5008%
1991$9,72010.2%
1990$8,82425.8%
1989$7,016-4.8%
1988$7,3687.3%
1987$6,864

Cost for Popular Majors

Below are the most popular undergraduate areas of study at Butler University ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $46,898. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Physician Assistant Bachelor's Degree 52 $187,592
4 year estimate
Early Childhood Education and Teaching Bachelor's Degree 49 $187,592
4 year estimate
Public Relations, Advertising, and Applied Communication, Other Bachelor's Degree 26 $187,592
4 year estimate
Accounting Bachelor's Degree 25 $187,592
4 year estimate
Recording Arts Technology/Technician Bachelor's Degree 23 $187,592
4 year estimate
Dance, General Bachelor's Degree 22 $187,592
4 year estimate
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 15 $187,592
4 year estimate
Music Teacher Education Bachelor's Degree 12 $187,592
4 year estimate
Creative Writing Bachelor's Degree 10 $187,592
4 year estimate
Journalism Bachelor's Degree 10 $187,592
4 year estimate
Political Science and Government, General Bachelor's Degree 10 $187,592
4 year estimate
Sociology Bachelor's Degree 10 $187,592
4 year estimate
Criminal Justice/Safety Studies Bachelor's Degree 8 $187,592
4 year estimate
Actuarial Science Bachelor's Degree 7 $187,592
4 year estimate
Physics, General Bachelor's Degree 7 $187,592
4 year estimate
Spanish Language and Literature Bachelor's Degree 6 $187,592
4 year estimate
Marketing/Marketing Management, General Bachelor's Degree 6 $187,592
4 year estimate
Chemistry, General Bachelor's Degree 6 $187,592
4 year estimate
Public Relations/Image Management Bachelor's Degree 5 $187,592
4 year estimate
International Relations and Affairs Bachelor's Degree 5 $187,592
4 year estimate
History, General Bachelor's Degree 4 $187,592
4 year estimate
Journalism, Other Bachelor's Degree 4 $187,592
4 year estimate
Secondary Education and Teaching Bachelor's Degree 3 $187,592
4 year estimate
German Language and Literature Bachelor's Degree 3 $187,592
4 year estimate
General Studies Associate's Degree 3 $93,796
2 year estimate
Biology/Biological Sciences, General Bachelor's Degree 3 $187,592
4 year estimate
Science, Technology and Society Bachelor's Degree 3 $187,592
4 year estimate
Psychology, General Bachelor's Degree 3 $187,592
4 year estimate
Communication Sciences and Disorders, General Bachelor's Degree 2 $187,592
4 year estimate
Finance, General Bachelor's Degree 2 $187,592
4 year estimate
English Language and Literature, General Bachelor's Degree 2 $187,592
4 year estimate
Mathematics, General Bachelor's Degree 2 $187,592
4 year estimate
Classical, Ancient Mediterranean and Near Eastern Studies and Archaeology Bachelor's Degree 2 $187,592
4 year estimate
Digital Communication and Media/Multimedia Bachelor's Degree 2 $187,592
4 year estimate
Anthropology Bachelor's Degree 2 $187,592
4 year estimate
Criminology Bachelor's Degree 2 $187,592
4 year estimate
Urban Studies/Affairs Bachelor's Degree 2 $187,592
4 year estimate
Women's Studies Bachelor's Degree 2 $187,592
4 year estimate
Music Theory and Composition Bachelor's Degree 1 $187,592
4 year estimate
Arts, Entertainment,and Media Management, General Bachelor's Degree 1 $187,592
4 year estimate
French Language and Literature Bachelor's Degree 1 $187,592
4 year estimate
International Business/Trade/Commerce Bachelor's Degree 1 $187,592
4 year estimate
History, Other Bachelor's Degree 1 $187,592
4 year estimate
Speech Communication and Rhetoric Bachelor's Degree 1 $187,592
4 year estimate
Philosophy Bachelor's Degree 1 $187,592
4 year estimate
Religion/Religious Studies Bachelor's Degree 1 $187,592
4 year estimate
Radio and Television Bachelor's Degree 1 $187,592
4 year estimate
Philosophy and Religious Studies, Other Bachelor's Degree 1 $187,592
4 year estimate
Economics, General Bachelor's Degree 1 $187,592
4 year estimate
Computer and Information Sciences, General Bachelor's Degree 1 $187,592
4 year estimate
Information Science/Studies Bachelor's Degree 1 $187,592
4 year estimate
Music, General Bachelor's Degree 1 $187,592
4 year estimate
Elementary Education and Teaching Bachelor's Degree 1 $187,592
4 year estimate
Music Performance, General Bachelor's Degree 1 $187,592
4 year estimate

About Butler University

Butler University is a four year private college located in Indianapolis, Indiana.  Full time enrollment is 4,156 and part time is 511.  For the 2011/2012 school year, the school received 9,682 applicants. 6,379 were admitted and 1,101 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Learn more about Butler University at CollegeSimply.

Calculators

Use the calculators below to formulate a college savings plan for Butler University or model a student loan.

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 Butler University student loan.

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