Understanding King University Tuition and Fees

Choosing a university is a significant decision, and understanding the costs involved is crucial. This article provides a detailed breakdown of tuition, fees, and financial aid options at King University. It aims to give prospective students and their families a clear picture of the financial aspects of attending this institution.

Undergraduate Tuition and Fees

King University offers a variety of undergraduate programs with a consistent cost structure. The tuition cost per semester hour for most Bachelor of Science and Bachelor of Arts programs is $350. These programs typically require 124 semester hours for completion.

Initial Program Costs

Based on the $350 per semester hour rate, the initial total program cost for various undergraduate degrees, such as Accounting, Business Administration, Criminal Justice, English, Healthcare Administration, History, Information Technology, Psychology, and Social Work, is $43,400. This figure represents the cost before considering potential transfer credits or financial aid.

Potential Savings with Transfer Credits

King University allows students to transfer up to 76 credit hours, which can significantly reduce the overall program cost. By maximizing transfer credits, the potential program cost could be reduced to $16,800. This makes King University an attractive option for students who have already completed college coursework.

Additional Undergraduate Fees

In addition to tuition, undergraduate students should be aware of several other fees:

Technology Fee: $100 per course
Graduation Fee: $125 (one-time fee)
Background Check: $65 (one-time fee) for Nursing, Social Work, and Elementary Education programs.

Nursing Program Specific Fees

Students in the Nursing program will also encounter these fees:

Liability Insurance: $40 (one-time)
Health Assessment Supplies: $75 (one-time)
Nurse Research Fee: $12 (per semester)

It's important to note that additional fees may apply to each program. Students should consult the Academic Catalog for detailed information on program-specific costs.

Tuition for Active Military Personnel

Active military personnel and those using Tuition Assistance benefit from a reduced cost per semester hour of $250. This can result in substantial savings for eligible students.

Graduate Tuition and Fees

King University also offers various graduate programs with their own fee structure.

Additional Graduate Fees

Technology Fee: $100 per course
Graduation Fee: $175 (one-time fee)
Background Check: $65 (one-time fee) for Nursing, Social Work, and Elementary Education programs.
Liability Insurance: $40 (one-time)
Health Assessment Kits: $275 (one-time fee for MSN-Nurse Educator only)
Nurse Research Fee: $12 (per semester)

As with undergraduate programs, additional fees may apply to each graduate program, and students should refer to the Academic Catalog for specifics.

Overall Cost Considerations

King University's tuition is $36,194, which is less expensive than the national average cost of tuition of $47,097. These figures, also referred to as the sticker price, include both tuition and fees. Fees can vary by institution and support various services such as library access, gym facilities, student centers, technology resources, and campus health centers.

Total Cost vs. Net Price

When comparing the costs of different institutions, it's important to consider both the total cost and the net price. The total cost includes the sticker price plus expenses for food and housing, books and supplies, transportation, and personal expenses.

The net price is the actual amount a student pays after subtracting grants and scholarships from the total cost. This figure is specific to each student's circumstances and the college's financial aid policies. King University's average net price is $23,282 per year.

Additional Costs

Beyond tuition, students should budget for additional expenses such as:

Books and Supplies: $1,300 per year
Personal Expenses: $4,050 per year
Transportation: $1,546 per year

Financial Aid Options

King University offers various forms of financial aid, including grants, loans, scholarships, and work-study jobs. Financial aid packages are tailored to each student's financial need, which is typically determined based on information from the Free Application for Federal Student Aid (FAFSA).

Types of Financial Aid

Grants: Financial aid that does not need to be repaid.
Loans: Borrowed money that must be repaid with interest.
Scholarships: Funding awarded based on academic merit, athletic ability, or other criteria; scholarships do not need to be repaid.
Work-Study: A program that allows students to earn money through part-time jobs on campus.

Scholarships

Scholarships are a crucial form of funding that students don't have to pay back. Need-based scholarships consider a student's financial status, while merit-based scholarships recognize academic or athletic achievements. Students may also qualify for scholarships based on community service, unique hobbies, personal background, or a parent's employer or military affiliation. Some students receive enough scholarship money to cover their tuition and living expenses.

Need-Based vs. Merit-Based Aid

Financial aid can be categorized as need-based or merit-based. Need-based aid considers a student's financial situation, while merit-based aid is awarded for specific talents or academic achievements.

Average Financial Aid Package

At King University, 74.9% of students receive financial aid. The average aid package awarded is $31,741. For students with financial need, 100% receive financial aid.

The average need-based scholarship or grant award is $22,414. Students may also receive need-based loans, with an average amount of $3,845. Non-need-based aid averages $13,199.

Financial Aid for First-Year Students

For first-year students, the average need-based scholarship or grant award is also significant, helping to offset the cost of tuition and other expenses.

Jobs

Working while in school can help reduce the burden of student loans. King University offers work-study programs to eligible students and campus jobs for those seeking to earn money. Students can explore job opportunities through in-person or online job boards.

Student Loan Debt

The amount of student loan debt accumulated can significantly impact a student's financial future. Ideally, total student loan debt should be less than the anticipated starting salary after graduation.

Median Loan Debt

At King University, the median federal loan debt among borrowers who completed their undergraduate degree is $22,750. The median monthly federal loan payment for these borrowers, assuming a 10-year repayment plan at 5.05% interest, is $241.

Tuition Guarantee Plans

King University offers tuition guarantee plans, ensuring that the tuition rate at the time of first enrollment remains the same for students who make advance payments.

Important Dates and Contact Information

Financial Aid Application Due: Not available
Priority Application Due: Not available
Notification Date: Not available
Response Due: Not available
Financial Aid Office Phone Number: Available on the King University website or by contacting the Financial Aid Office directly.

G.I. Bill and Yellow Ribbon Program

King University is certified for the G.I. Bill and participates in the Yellow Ribbon Program, providing additional financial support for eligible veterans and their dependents.

Tuition Increases

Tuition and fees at King University are subject to change and can increase each academic year based on economic conditions. For example, full-time tuition for the 2025-2026 academic year was $43,000. Tuition increases by an average of 2.5% each academic year.

Estimated Future Tuition Costs

Students can estimate their tuition costs for subsequent years based on the average annual increase. For example:

2027-2028 tuition: Estimated at $45,253
2028-2029 tuition: Estimated at $46,384
2029-2030 tuition: Estimated at $47,543

These estimates are for informational purposes only and do not serve as projections. Actual future tuition costs may vary.

General College Fee

The General College Fee is a mandatory fee that supports instructional, academic support, and student support services.

tags: #king #university #tuition #fees