Tuition and Cost to Attend Lock Haven University

Annual Total Cost

The total list price for in-state Pennsylvania residents to go to Lock Haven University is $18,374 for the 2013/2014 academic year. Out-of-state students who don't possess Pennsylvania residence can expect a one year cost of $26,308.

Undergraduate Tuition

Lock Haven University tuition is $6,622 per year for in-state residents. This is 6% more expensive than the national average public four year tuition of $6,256. The cost is $16,673 and 72% cheaper than the average Pennsylvania tuition of $23,295 for 4 year colleges. Tuition ranks 3rd in Pennsylvania amongst 4 year colleges for affordability and is the 133rd most expensive 4 year college in the state. If attending from out-of-state, the tuition is $14,556 which represents a 120% premium.

The school charges an additional fees of $2,277 in addition to tuition bringing the total effective in-state tuition to $8,899.

Housing Costs

On campus room and board is provided by the school at a cost of $8,200 per academic year. Students electing to live off campus elsewhere in Lock Haven should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,275.

Costs and Tuition for Lock Haven University
Expenditure Price
Pennsylvania Resident Total Cost $18,374
   In-State Tuition$6,622
   Other Fees$2,277
   Room and Board$8,200
   Books and Supplies$1,275
Non-Resident Total Cost $26,308
   Out-of-State Tuition$14,556
   Other Fees$2,277
   Room and Board$8,200
   Books and Supplies$1,275

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 $18,374 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 Lock Haven University net price for in-state students receiving aid was $12,068* for the 2010/2011 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

59% of Lock Haven University students received grant aid in 2010/2011. The average total aid amount was $5,596. 39 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 $4,087. To apply for a Pell Grant to attend Lock Haven University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Lock Haven University
Financial Aid Summary
Average Annual Net Price$12,068*
Percent of Students Receiving Grant Aid59%
Average Total Grant Aid$5,596
Percent of Students Receiving Pell Grants39%
Average Amount of Pell Grant Aid$4,087

Average Net Price for In-State Students 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 reported for the 2011-2012 academic year.

Family Income Avg. Net Price
$0 to $30,000$10,301
$30,001 to $48,000$11,622
$48,001 to $75,000$16,278
$75,001 to $110,000$18,728
$110,000+$19,063

Average Financial Aid Mix - $18,374 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $18,374. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

30%
35%
34%

Grants and Scholarships

 30% - $5,596

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

Federal Loans

 35% - $6,453

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

Out of Pocket

 34% -  $6,325

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

*Reported Average Annual Net Price for in state 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.


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 Lock Haven 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 Lock Haven University is $73,496 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 $12,068 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $48,272**

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 $91,870 or $60,340 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state 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 Lock Haven University.

Pennsylvania Resident Tuition Per Semester$3,311
Pennsylvania Resident Total Cost Per Semester$9,187
Non-Pennsylvania Resident Tuition Per Semester$7,278
Non-Pennsylvania Resident Total Cost Per Semester$13,154

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 Lock Haven 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 Lock Haven University
Price per credit hour for Pennsylvania residents$260
Cost for one class for Pennsylvania residents (3 credit hours)$780
Price per credit hour for out of state residents$567
Cost for one class for out of state residents (3 credit hours)$1,701
Cost for one class for out of state residents (4 credit hours)$2,268



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. 75% of Lock Haven University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,453. The reported average student debt upon graduation is $23,840.

Example Loan Payments and Costs

How much are student loan payments for Lock Haven University? 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 $48,272, 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 $60,481.77. This could be your effective total out of pocket cost of an education at Lock Haven University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 59% of students at this school who receive financial aid and you are paying an average annual net price of $12,068. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Lock Haven 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.

Lock Haven University Student Loan Payments
Example Payments
Monthly Loan Payment$504.01
Amount Borrowed$48,272.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$12,209.77
Sum of All Payments over 10 years$60,481.77

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Lock Haven 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 considering attending Lock Haven 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 $60,481.77 would be needed to afford a $504.01 monthly payment in the example $48,272.00 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 Lock Haven University in the future? In the past five years, this school's published in-state tuition and fee total rose from $6,445 to $8,239. This amounts to an average annual price increase of 5.6%. 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 in-state 4 year cost of $73,496.00. 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 Lock Haven University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$25,269$101,074
Estimated Cost in 10 years for students enrolling in 2024$32,250$128,999
Estimated Cost in 15 years for students enrolling in 2029 $41,160$164,639
Estimated Cost in 18 years for students enrolling in 2032 $47,648$190,590

Tuition History

What was tuition at Lock Haven 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.

YearIn-StateOut-of-stateAnnual Increase
2010$7,201$13,637 4.1%
2009$6,917$13,047 3.6%
2008$6,679$12,534 3.6%
2007$6,445$12,068 3%
2006$6,258$11,681 2.6%
2005$6,100$11,366 3.8%
2004$5,874$10,822 4.8%
2003$5,606$10,174 17.8%
2002$4,758$9,185 4.6%
2001$4,548$8,236 6.8%
2000$4,259$7,687 4.6%
1999$4,071$7,427 0.2%
1998$4,062$9,418 1.9%
1997$3,988$8,850 4.3%
1996$3,822$8,796 14%
1995$3,354$8,112 -4.4%
1994$3,509$8,347 7.6%
1993$3,261$6,655 8%
1992$3,020$5,396 15.2%
1991$2,621$4,708 17.1%
1990$2,238$4,094 -3.1%
1989$2,310$3,732 15.8%
1988$1,995$3,424 8.1%
1987$1,845$3,241

Comparable Cost for Popular Majors

We've compared the out of state total cost of the most popular undergraduate areas of study at Lock Haven University to the national average for colleges offering each major. This demonstrats particular programs where this school may offer more value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Associate's Degree 63 41% costlier
Health and Physical Education/Fitness, Other Bachelor's Degree 58 18% cheaper
Sport and Fitness Administration/Management Bachelor's Degree 50 21% cheaper
Psychology, General Bachelor's Degree 39 26% cheaper
Social Work Bachelor's Degree 32 18% cheaper
Journalism Bachelor's Degree 20 23% cheaper
Health Professions and Related Clinical Sciences, Other Associate's Degree 18 31% costlier
Social Sciences, General Bachelor's Degree 17 23% cheaper
Mathematics, General Bachelor's Degree 16 28% cheaper
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 12 26% cheaper
History, General Bachelor's Degree 11 27% cheaper
Athletic Training/Trainer Bachelor's Degree 11 22% cheaper
Health/Medical Preparatory Programs, Other Bachelor's Degree 11 20% cheaper
Special Education and Teaching, General Bachelor's Degree 9 18% cheaper
Kindergarten/Preschool Education and Teaching Bachelor's Degree 9 8% cheaper
Biology/Biological Sciences, General Bachelor's Degree 9 27% cheaper
Criminal Justice/Law Enforcement Administration Associate's Degree 7 23% costlier
Computer and Information Sciences, General Bachelor's Degree 6 19% cheaper
Chemistry, General Bachelor's Degree 5 29% cheaper
Music, General Bachelor's Degree 5 28% cheaper
Computer Science Bachelor's Degree 5 29% cheaper
Fine/Studio Arts, General Bachelor's Degree 4 31% cheaper
Business Administration and Management, General Associate's Degree 4 32% costlier
Mass Communication/Media Studies Bachelor's Degree 3 22% cheaper
Accounting Bachelor's Degree 3 20% cheaper
International Relations and Affairs Bachelor's Degree 2 37% cheaper
Spanish Language and Literature Bachelor's Degree 2 31% cheaper
Management Information Systems, General Associate's Degree 2 32% costlier
Geology/Earth Science, General Bachelor's Degree 2 28% cheaper
Engineering Physics/Applied Physics Bachelor's Degree 2 39% cheaper
English Language and Literature, General Bachelor's Degree 1 26% cheaper
Physics, General Bachelor's Degree 1 32% cheaper
Sociology Bachelor's Degree 1 28% cheaper
Art/Art Studies, General Bachelor's Degree 1 24% cheaper
Philosophy Bachelor's Degree 1 34% cheaper
Rhetoric and Composition Bachelor's Degree 1 20% cheaper
Economics, General Bachelor's Degree 1 33% cheaper
Political Science and Government, General Bachelor's Degree 1 29% cheaper
Elementary Education and Teaching Bachelor's Degree 1 17% cheaper
Physical Sciences, Other Associate's Degree 1 13% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 1 30% cheaper
Parks, Recreation and Leisure Facilities Management, General Bachelor's Degree 1 12% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Lock Haven University 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 Lock Haven University 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 Lock Haven University student loan.

Prepayment Option

About Lock Haven University

Lock Haven University is a four year public college located in Lock Haven, Pennsylvania.  Full time enrollment is 4,864 and part time is 534.  For the 2011/2012 school year, the school received 5,072 applicants. 3,118 were admitted and 1,261 enrolled.

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

Address
Lock Haven University
401 North Fairview Street
Lock Haven, Pennsylvania
17745-2390

For Profit / Not For Profit Status

Lock Haven University is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

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