Cost to Attend Union Institute & University

Union Institute & University
Cincinnati, Ohio

Annual Costs

Undergraduate Tuition

Tuition for Union Institute & University is $13,080 for the 2019/2020 academic year. This is 55% cheaper than the national average private non-profit four year college tuition of $29,191. The cost is 36% cheaper than the average Ohio tuition of $20,293 for 4 year colleges. Tuition ranks 47th in Ohio amongst 4 year colleges for affordability and is the 58th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $176 in addition to tuition bringing the total effective in-state tuition to $13,256.

Housing Costs

Union Institute & University doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Cincinnati area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $11,508.

Books and Supplies

The estimated annual cost for books and supplies is $1,216.

Other Living Expenses

Off-campus students should budget for $1,200 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Union was $27,180 for the 2019/2020 academic year. The cost is the same for all students regardless of Ohio residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $15,672.

Citation: Price data from the U.S. Department of Education's 2020 IPEDS survey response for Union Institute & University and represent reported costs for the 2019-2020 academic year.

Costs and Tuition for Union Institute & University
Estimated Budgets
Ohio Resident Total Budget (Living Off Campus)$27,180
   In-State Tuition$13,080
   Other Fees$176
   Off-Campus Housing Budget$11,508
   Off-Campus Other Budget$1,200
   Books and Supplies$1,216
Ohio Resident Total Budget (Living with Parents)$15,672
   In-State Tuition$13,080
   Other Fees$176
   Family Provided Room and Board$0
   With-Family Other Living Budget$1,200
   Books and Supplies$1,216
Non-Resident Total Budget (Living Off Campus)$27,180
   Out-of-State Tuition$13,080
   Other Fees$176
   Off-Campus Housing Budget$11,508
   Off-Campus Other Budget$1,200
   Books and Supplies$1,216
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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 $27,180 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 Union net price for in-state students is $16,585* for the 2018/2019 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

100% of Union Institute & University students received grant aid in 2018/2019. The average total aid amount was $10,595. 100 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2018/2019 was $6,095. To apply for a Pell Grant to attend Union Institute & University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Union Institute & University
Financial Aid Summary
Average Annual Net Price$16,585*
Percent of Students Receiving Grant Aid100%
Average Total Grant Aid$10,595
Percent of Students Receiving Pell Grants100%
Average Amount of Pell Grant Aid$6,095

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 2018/2019 academic year.

Family Income Avg. Net Price
$0 to $30,000$16,585
$30,001 to $48,000n/a
$48,001 to $75,000n/a
$75,001 to $110,000n/a

Average Financial Aid Mix - $27,180 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $27,180. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

Grants and Scholarships
41% - $10,595

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

Federal Loans
37% - $9,500

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

Out of Pocket
23% -  $5,885

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 2018/2019 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. Union Institute & University
Virginia Intermont College87.6% more expensive
Milligan College111.8% more expensive
Mid Continent University37.4% less 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 Union Institute & 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 Union is $108,720 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 $19,204 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $76,816**

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 $135,900 or $96,020 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 2018/2019 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

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 Union Institute & 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 Union Institute & University
Price per credit hour$545
Cost for one class (3 credit hours)$1,635
Cost for one class (4 credit hours)$2,180

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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. 100% of Union Institute & University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $9,500.

Example Loan Payments and Costs

How much are student loan payments for Union Institute & 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 $76,816, 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 $87,949.12. This could be your effective total out of pocket cost of an education at Union Institute & University. 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 $19,204. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Union Institute & 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.

Union Institute & University Student Loan Payments
Example Payments
Monthly Loan Payment$732.91
Amount Borrowed$76,816.00
Interest Rate2.75%
Term10 years
Number of Monthly Payments120
Total Interest Cost$11,133.12
Sum of All Payments over 10 years$87,949.12

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend 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 Union Institute & 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 $87,949.12 would be needed to afford a $732.91 monthly payment in the example $76,816.00 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 Union Institute & University in the future? In the past four years, this school's published in-state tuition and fee total rose from $11,760 to $13,080. This amounts to an average annual price increase of 2.2%. 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 $108,720.00. 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 Union Institute & University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2026$37,379$149,515
Estimated Cost in 10 years for students enrolling in 2031$47,706$190,824
Estimated Cost in 15 years for students enrolling in 2036 $60,886$243,545
Estimated Cost in 18 years for students enrolling in 2039 $70,483$281,934


Use the calculators below to formulate a college savings plan for Union Institute & 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 Union Institute & 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 Union Institute & University student loan.

Prepayment Option

About Union Institute & University

Union Institute & University is a four year private college located in Cincinnati, Ohio.  Full time enrollment is 461 and part time is 464.  Union Institute & University has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about Union Institute & University at CollegeSimply.

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

Union Institute & University
440 E McMillan St
Cincinnati, Ohio

For Profit / Not For Profit Status

Union Institute & University is a private not for profit institution.

Union Institute & University cost and financial aid data source: U.S. Department of Education IPEDS survey data. Data last updated January 2021 and reflects academic year 2019/2020 costs reported by the school.