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Annual Costs

Undergraduate Tuition

Tuition for University of Mount Union is $29,560 for the 2017/2018 academic year. This is 7% more expensive than the national average private non-profit four year college tuition of $27,755. The cost is 54% more expensive than the average Ohio tuition of $19,236 for 4 year colleges. Tuition ranks 78th in Ohio amongst 4 year colleges for affordability and is the 27th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $330 in addition to tuition bringing the total effective in-state tuition to $29,890.

Housing Costs

On campus room and board is provided by the school at a cost of $10,100 per academic year. Students electing to live off campus elsewhere in Alliance should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,100.

Other Living Expenses

If living on-campus, students should budget for $1,635 in additional living expenses. Off-campus students should budget for $2,470 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to University of Mount Union was $42,725 for the 2017/2018 academic year. The cost is the same for all students regardless of Ohio residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for University of Mount Union and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for University of Mount Union
Estimated Budgets
Ohio Resident Total Budget $42,725
   In-State Tuition$29,560
   Other Fees$330
   Room and Board$10,100
   On-Campus Other Budget$1,635
   Books and Supplies$1,100
Non-Resident Total Budget $42,725
   Out-of-State Tuition$29,560
   Other Fees$330
   Room and Board$10,100
   On-Campus Other Budget$1,635
   Books and Supplies$1,100

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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 $42,725 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported University of Mount Union net price for in-state students is $24,465* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

100% of University of Mount Union students received grant aid in 2014/2015. The average total aid amount was $14,073. 42 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,356. To apply for a Pell Grant to attend University of Mount Union, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for University of Mount Union
Financial Aid Summary
Average Annual Net Price$24,465*
Percent of Students Receiving Grant Aid100%
Average Total Grant Aid$14,073
Percent of Students Receiving Pell Grants42%
Average Amount of Pell Grant Aid$4,356

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$24,746
$30,001 to $48,000$24,728
$48,001 to $75,000$22,826
$75,001 to $110,000$22,783
$110,000+$26,060

Average Financial Aid Mix - $42,725 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $42,725. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

34%
15%
51%

Grants and Scholarships

 34% - $14,073

Money granted to you by the U.S. Department of Education, University of Mount Union or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 15% - $6,158

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

Out of Pocket

 51% -  $20,859

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 Academic Year 2014-2015 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.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. University of Mount Union
John Carroll University30.2% more expensive
Ashland University33.2% less expensive
Point Park University2.4% less expensive
Mount Vernon Nazarene University5.8% less expensive
Gannon University2.1% more expensive

Cost of a Degree

When considering ability to pay for college, 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 University of Mount Union.

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 University of Mount Union is $170,900 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 $21,352 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $85,408**

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 $213,625 or $106,760 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 2014-2015 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 University of Mount Union.

Ohio Resident Tuition Per Semester$14,780
Ohio Resident Total Cost Per Semester$21,362

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 University of Mount Union 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 University of Mount Union
Price per credit hour$1,260
Cost for one class (3 credit hours)$3,780
Cost for one class (4 credit hours)$5,040

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 84% of University of Mount Union students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,158. The reported average student debt upon graduation is $34,586.

Example Loan Payments and Costs

How much are student loan payments for University of Mount Union? Obviously this varies based on a number of factors - offsetting financial aid you receive, 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 $85,408, 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 $105,971.74. This could be your effective total out of pocket cost of an education at University of Mount Union. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 100% of students at this school who receive financial aid and you are paying an average annual net price of $21,352. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our University of Mount Union 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.

University of Mount Union Student Loan Payments
Example Payments
Monthly Loan Payment$883.10
Amount Borrowed$85,408.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$20,563.74
Sum of All Payments over 10 years$105,971.74

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend University of Mount Union? 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 considering attending University of Mount Union, 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 $105,971.74 would be needed to afford a $883.10 monthly payment in the example $85,408.00 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.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to University of Mount Union in the future? In the past four years, this school's published in-state tuition and fee total rose from $26,350 to $29,560. This amounts to an average annual price increase of 2.4%. 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 $170,900.00. 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 University of Mount Union.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$58,757$235,027
Estimated Cost in 10 years for students enrolling in 2029$74,990$299,961
Estimated Cost in 15 years for students enrolling in 2034 $95,709$382,835
Estimated Cost in 18 years for students enrolling in 2037 $110,795$443,179

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at University of Mount Union to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Sport and Fitness Administration/Management Bachelor's Degree 31 14% costlier
Kinesiology and Exercise Science Bachelor's Degree 26 11% costlier
Early Childhood Education and Teaching Bachelor's Degree 23 23% costlier
Psychology, General Bachelor's Degree 18 6% costlier
Junior High/Intermediate/Middle School Education and Teaching Bachelor's Degree 15 25% costlier
Political Science and Government, General Bachelor's Degree 13 3% costlier
Public Relations, Advertising, and Applied Communication, Other Bachelor's Degree 12 3% costlier
Special Education and Teaching, General Bachelor's Degree 11 20% costlier
Criminal Justice/Safety Studies Bachelor's Degree 8 26% costlier
Physical Education Teaching and Coaching Bachelor's Degree 8 22% costlier
Writing, General Bachelor's Degree 7 3% costlier
Music Teacher Education Bachelor's Degree 6 13% costlier
Finance, General Bachelor's Degree 6 15% costlier
Health Teacher Education Bachelor's Degree 6 21% costlier
Athletic Training/Trainer Bachelor's Degree 6 13% costlier
Mathematics, General Bachelor's Degree 5 4% costlier
Biochemistry Bachelor's Degree 5 8% cheaper
Economics, General Bachelor's Degree 4 5% cheaper
Chemistry, General Bachelor's Degree 4 3% costlier
Neuroscience Bachelor's Degree 4 26% cheaper
Computer Programming/Programmer, General Bachelor's Degree 3 76% costlier
Music, General Bachelor's Degree 3 3% costlier
Biology/Biological Sciences, General Bachelor's Degree 3 6% costlier
Accounting Bachelor's Degree 3 15% costlier
Environmental Science Bachelor's Degree 2 0% cheaper
Geology/Earth Science, General Bachelor's Degree 2 3% costlier
Asian Studies/Civilization Bachelor's Degree 2 18% cheaper
French Language and Literature Bachelor's Degree 2 7% cheaper
International Relations and Affairs Bachelor's Degree 2 9% cheaper
Religion/Religious Studies Bachelor's Degree 2 10% cheaper
Web Page, Digital/Multimedia and Information Resources Design Bachelor's Degree 2 48% costlier
German Language and Literature Bachelor's Degree 1 9% cheaper
International Business/Trade/Commerce Bachelor's Degree 1 4% costlier
Fine/Studio Arts, General Bachelor's Degree 1 1% cheaper
Spanish Language and Literature Bachelor's Degree 1 1% cheaper
Music Performance, General Bachelor's Degree 1 7% costlier
Public Relations/Image Management Bachelor's Degree 1 8% costlier
Philosophy Bachelor's Degree 1 5% cheaper
Business Administration and Management, General Bachelor's Degree 1 24% costlier
Japanese Language and Literature Bachelor's Degree 1 19% cheaper
Computer and Information Sciences and Support Services, Other Bachelor's Degree 1 10% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 1 1% costlier
African Studies Bachelor's Degree 1 25% cheaper
Physics, General Bachelor's Degree 1 3% cheaper
History, General Bachelor's Degree 1 4% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 1 2% costlier
Organizational Communication, General Bachelor's Degree 1 7% costlier
English Language and Literature, General Bachelor's Degree 1 6% costlier
Environmental Biology Bachelor's Degree 1 4% cheaper
Sociology Bachelor's Degree 1 4% costlier

Calculators

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

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford University of Mount Union in the future.

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 University of Mount Union student loan.

Prepayment Option

About University of Mount Union

University of Mount Union is a four year private college located in Alliance, Ohio.  The school is affiliated with the United Methodist faith.  Full time enrollment is 2,254 and part time is 27.

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

Address
University of Mount Union
1972 Clark Ave.
Alliance, Ohio
44601-3993

For Profit / Not For Profit Status

University of Mount Union is a private not for profit institution.

University of Mount Union cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=204185 IPEDS survey data.