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Annual Costs

Undergraduate Tuition

Tuition for Bradley University is $32,540 for the 2017/2018 academic year. This is 17% more expensive than the national average private non-profit four year college tuition of $27,755. The cost is 31% more expensive than the average Illinois tuition of $24,843 for 4 year colleges. Tuition ranks 55th in Illinois amongst 4 year colleges for affordability and is the 17th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $390 in addition to tuition bringing the total effective in-state tuition to $32,930.

Housing Costs

On campus room and board is provided by the school at a cost of $10,310 per academic year. Students electing to live off campus elsewhere in Peoria should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,200.

Other Living Expenses

If living on-campus, students should budget for $2,240 in additional living expenses. Off-campus students should budget for $2,240 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Bradley University was $46,680 for the 2017/2018 academic year. The cost is the same for all students regardless of Illinois 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 Bradley University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Bradley University
Estimated Budgets
Illinois Resident Total Budget $46,680
   In-State Tuition$32,540
   Other Fees$390
   Room and Board$10,310
   On-Campus Other Budget$2,240
   Books and Supplies$1,200
Non-Resident Total Budget $46,680
   Out-of-State Tuition$32,540
   Other Fees$390
   Room and Board$10,310
   On-Campus Other Budget$2,240
   Books and Supplies$1,200

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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 $46,680 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 Bradley University net price for in-state students is $27,451* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

98% of Bradley University students received grant aid in 2014/2015. The average total aid amount was $14,639. 21 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 $4,061. To apply for a Pell Grant to attend Bradley University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Bradley University
Financial Aid Summary
Average Annual Net Price$27,451*
Percent of Students Receiving Grant Aid98%
Average Total Grant Aid$14,639
Percent of Students Receiving Pell Grants21%
Average Amount of Pell Grant Aid$4,061

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$18,159
$30,001 to $48,000$21,036
$48,001 to $75,000$24,377
$75,001 to $110,000$26,449
$110,000+$30,977

Average Financial Aid Mix - $46,680 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $46,680. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

33%
13%
54%

Grants and Scholarships

 33% - $14,639

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

Federal Loans

 13% - $5,590

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

Out of Pocket

 54% -  $24,211

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.

Is it Worth the Cost?

To make a comparative assessment if Bradley 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 70/100 for Bradley University. Considering an average net price paid of $22,920, this leads to an overall value ranking of 60/100. This places the school 170th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Bradley University
Eureka College22.7% less expensive
Monmouth College11.9% more expensive
University of St Francis4.3% less expensive
Lewis University4.4% less expensive
North Central College15.5% 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 Bradley 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 Bradley University is $186,720 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 $22,920 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $91,680**

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 $233,400 or $114,600 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 Bradley University.

Illinois Resident Tuition Per Semester$16,270
Illinois Resident Total Cost Per Semester$23,340

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 Bradley 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 Bradley University
Price per credit hour$870
Cost for one class (3 credit hours)$2,610
Cost for one class (4 credit hours)$3,480

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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. 68% of Bradley University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,590.

Example Loan Payments and Costs

How much are student loan payments for Bradley 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 $91,680, 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 $113,753.86. This could be your effective total out of pocket cost of an education at Bradley University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 98% of students at this school who receive financial aid and you are paying an average annual net price of $22,920. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Bradley 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.

Bradley University Student Loan Payments
Example Payments
Monthly Loan Payment$947.95
Amount Borrowed$91,680.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$22,073.86
Sum of All Payments over 10 years$113,753.86

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Bradley 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 Bradley 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 $113,753.86 would be needed to afford a $947.95 monthly payment in the example $91,680.00 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 Bradley University in the future? In the past four years, this school's published in-state tuition and fee total rose from $27,940 to $32,540. This amounts to an average annual price increase of 3.3%. 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 $186,720.00. 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 Bradley University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$64,196$256,784
Estimated Cost in 10 years for students enrolling in 2029$81,932$327,728
Estimated Cost in 15 years for students enrolling in 2034 $104,568$418,273
Estimated Cost in 18 years for students enrolling in 2037 $121,051$484,204

Tuition History

What was tuition at Bradley 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 in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearTuitionAnnual Increase
2012$26,4005%
2011$25,1503.8%
2010$24,2246.2%
2009$22,8146.7%
2008$21,3787.5%
2007$19,8786.7%
2006$18,6305.1%
2005$17,7304.7%
2004$16,9305.1%
2003$16,1105%
2002$15,3405.1%
2001$14,6004.6%
2000$13,9604.8%
1999$13,3205.6%
1998$12,6105%
1997$12,0104.5%
1996$11,4905.7%
1995$10,8704.9%
1994$10,3607%
1993$9,6806.4%
1992$9,0986.4%
1991$8,5486.5%
1990$8,0246.5%
1989$7,5345.9%
1988$7,1146.5%
1987$6,680

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Bradley University 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
Registered Nursing/Registered Nurse Bachelor's Degree 61 30% costlier
Elementary Education and Teaching Bachelor's Degree 60 32% costlier
Mechanical Engineering Bachelor's Degree 57 10% costlier
Health Professions and Related Clinical Sciences, Other Bachelor's Degree 53 20% costlier
Business Administration and Management, General Bachelor's Degree 43 35% costlier
Construction Engineering Bachelor's Degree 34 22% costlier
Civil Engineering, General Bachelor's Degree 31 10% costlier
Public Relations/Image Management Bachelor's Degree 29 18% costlier
Education/Teaching of Individuals with Specific Learning Disabilities Bachelor's Degree 28 27% costlier
Biology/Biological Sciences, General Bachelor's Degree 28 15% costlier
Dietetics/Dietitian Bachelor's Degree 25 28% costlier
Electrical and Electronics Engineering Bachelor's Degree 21 11% costlier
Organizational Communication, General Bachelor's Degree 17 17% costlier
Radio and Television Bachelor's Degree 16 21% costlier
Consumer Merchandising/Retailing Management Bachelor's Degree 13 13% costlier
Computer Science Bachelor's Degree 12 11% costlier
International Business/Trade/Commerce Bachelor's Degree 12 13% costlier
Human Resources Management/Personnel Administration, General Bachelor's Degree 11 34% costlier
Small Business Administration/Management Bachelor's Degree 11 22% costlier
Sociology Bachelor's Degree 10 13% costlier
Business Administration, Management and Operations, Other Bachelor's Degree 9 38% costlier
Sports Communication Bachelor's Degree 9 9% costlier
Actuarial Science Bachelor's Degree 9 11% costlier
Cell/Cellular and Molecular Biology Bachelor's Degree 9 3% costlier
Music Management Bachelor's Degree 9 18% costlier
Family and Consumer Sciences/Human Sciences, General Bachelor's Degree 9 47% costlier
Industrial Engineering Bachelor's Degree 9 16% costlier
Early Childhood Education and Teaching Bachelor's Degree 8 35% costlier
International Relations and Affairs Bachelor's Degree 7 1% cheaper
Information Science/Studies Bachelor's Degree 7 19% costlier
Psychology, General Bachelor's Degree 6 15% costlier
Manufacturing Engineering Technology/Technician Bachelor's Degree 6 45% costlier
Acting Bachelor's Degree 6 6% costlier
English Language and Literature, General Bachelor's Degree 6 16% costlier
Social Studies Teacher Education Bachelor's Degree 5 25% costlier
French Language and Literature Bachelor's Degree 5 1% costlier
Selling Skills and Sales Operations Bachelor's Degree 5 38% costlier
Environmental Science Bachelor's Degree 4 9% costlier
Spanish Language and Literature Bachelor's Degree 4 8% costlier
Music Teacher Education Bachelor's Degree 4 23% costlier
Music Performance, General Bachelor's Degree 4 17% costlier
Computer Engineering, General Bachelor's Degree 4 10% costlier
Philosophy Bachelor's Degree 4 3% costlier
Management Information Systems, General Bachelor's Degree 3 27% costlier
Civil Engineering, Other Bachelor's Degree 3 2% cheaper
Clinical Laboratory Science/Medical Technology/Technologist Bachelor's Degree 3 31% costlier
Photography Bachelor's Degree 3 4% costlier
Business/Managerial Economics Bachelor's Degree 3 16% costlier
Religion/Religious Studies Bachelor's Degree 3 2% cheaper
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing, Other Bachelor's Degree 3 14% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 3 10% costlier
Criminal Justice/Law Enforcement Administration Bachelor's Degree 3 46% costlier
Foods, Nutrition, and Wellness Studies, General Bachelor's Degree 3 26% costlier
Political Science and Government, General Bachelor's Degree 3 12% costlier
Chemistry, General Bachelor's Degree 3 12% costlier
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 2 16% costlier
Music, General Bachelor's Degree 2 13% costlier
Marketing/Marketing Management, General Bachelor's Degree 2 28% costlier
History, General Bachelor's Degree 2 14% costlier
Finance, General Bachelor's Degree 2 25% costlier
Physics, General Bachelor's Degree 2 6% costlier
Journalism Bachelor's Degree 2 21% costlier
Directing and Theatrical Production Bachelor's Degree 2 1% cheaper
Nursing Education Bachelor's Degree 2 17% costlier
Graphic Design Bachelor's Degree 1 16% costlier
Printmaking Bachelor's Degree 1 3% cheaper
Biochemistry Bachelor's Degree 1 0% costlier
Music Theory and Composition Bachelor's Degree 1 0% cheaper
Social Work Bachelor's Degree 1 29% costlier
Mathematics, General Bachelor's Degree 1 14% costlier
Art History, Criticism and Conservation Bachelor's Degree 1 5% cheaper
Manufacturing Engineering Bachelor's Degree 1 22% costlier
Sculpture Bachelor's Degree 1 1% cheaper
Education/Teaching of Individuals with Multiple Disabilities Bachelor's Degree 1 40% costlier
Economics, General Bachelor's Degree 1 4% costlier
Accounting Bachelor's Degree 1 26% costlier
Advertising Bachelor's Degree 1 20% costlier
Fine/Studio Arts, General Bachelor's Degree 1 8% costlier
Art Teacher Education Bachelor's Degree 1 29% costlier
Animation, Interactive Technology, Video Graphics and Special Effects Bachelor's Degree 1 15% costlier
Drawing Bachelor's Degree 1 10% costlier

Calculators

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

Prepayment Option

About Bradley University

Bradley University is a four year private college located in Peoria, Illinois.  Full time enrollment is 4,802 and part time is 796. Learn more about getting accepted at Bradley University at CollegeSimply.

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

Address
Bradley University
1501 W Bradley Ave
Peoria, Illinois
61625-0001

For Profit / Not For Profit Status

Bradley University is a private not for profit institution.

Bradley University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=143358 IPEDS survey data.