Understanding Marquette University Tuition Costs: A Comprehensive Guide
Marquette University, a private institution established in 1881, holds a prominent position among national universities, securing the #88 spot in the edition of Best Colleges. Recognized for its commitment to undergraduate education, it also ranks #17 in Best Undergraduate Teaching. Situated in an urban setting on a 107-acre campus, Marquette boasts a total undergraduate enrollment of 8,045 students as of fall . The university operates on a semester-based academic calendar with a student-faculty ratio of 14:1. Marquette University embraces a test-optional admissions policy and accepts the Common Application. Understanding the financial aspect of attending Marquette is crucial for prospective students and their families. This article provides a detailed breakdown of tuition costs, fees, financial aid options, and other related expenses.
Base Costs: Tuition and Fees
The sticker price for tuition and fees at Marquette University is $53,270. This figure represents the foundational cost of attending the university before considering any financial aid, scholarships, or grants.
Additional Expenses
Beyond tuition and fees, students should also budget for other essential expenses:
- Room and Board (On-Campus): $13,000 - $17,000
- Estimated Books and Supplies: $720 - $1,040
- Miscellaneous and Personal Expenses: $2,950 - $2,990
- Transportation: $599
- Fees (student activity fee, technology fee, recreation fee): $1,100
These figures are estimates and can vary based on individual spending habits and lifestyle choices.
Understanding Net Price and Financial Aid
The "sticker price" can be daunting, but the actual out-of-pocket cost for many students is significantly lower due to financial aid.
Read also: Marquette Academics and Rankings
Financial Aid Availability
Marquette University is committed to making education accessible. Fifty-two percent of first-year students receive need-based financial aid. The average net price for federal loan recipients is $28,637.
Average Net Price
The average net price represents the cost of attendance after subtracting grants and scholarships. The average net price is $32,031 per year. This figure is specific to each student, as it's calculated based on their individual financial circumstances and the university's financial aid policies. It's crucial to utilize Marquette's Net Price Calculator for a personalized estimate.
Net Price by Income
Net price typically varies depending on household income.
Financial Aid Packages
Financial aid packages can include a combination of:
- Grants: Gift aid that doesn't need to be repaid.
- Loans: Borrowed money that must be repaid with interest.
- Scholarships: Gift aid, often based on academic merit or other criteria, that doesn't need to be repaid.
- Work-Study Jobs: Part-time employment opportunities offered to students with financial need.
The average aid package awarded to students is $43,919. Need-based scholarships or grants average $33,996, while need-based loan amounts average $6,286. Non-need-based aid averages $25,878.
Read also: A Look Back at Marquette in the NCAA Tournament
Financial Aid Application Process
To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). The financial aid application due date is August 1. Applications received prior to this date will be given the strongest consideration. Students receive a notification letter with the amount and types of aid the college is offering.
Tuition Guarantee Plans
Marquette University offers tuition guarantee plans, ensuring that the tuition rate at the time of a student's first enrollment remains constant throughout their program, provided they make advance payments.Tuition at time of first enrollment guaranteed only to students making advance payment
Specific Program Costs
Certain programs may have different tuition structures or additional fees.
Executive MBA Program
Total Tuition program costs for Executive MBA admitted Summer 2026 $79,500Total Tuition program costs for Executive MBA admitted Fall 2024 $79,500(See Bursar for more details)** When enrolled in 4 or more credits
Graduate Nurse Anesthesia Students
For Graduate Nurse Anesthesia students, see the Nurse Anesthesia tab above.
Read also: Applying to Marquette Dental School
Wisconsin Resident Dental Students
The state of Wisconsin provides a tuition subsidy for certain dental students who are Wisconsin state residents. The expected state subsidy for 2022-23 is $4,330 per term/ $8,660 per year, per Wisconsin resident, but is subject to change at any time.
Student Teaching
Student Teaching is a 15 credit hour (full-time) course, the Student Activity Fee (SAF), the UPASS Fee, the Rec & Wellness Fee, the Technology Fee and the Medical Clinic Health Fee are not charged.
Additional Financial Considerations
- Student Activity Fee (SAF)
- UPASS Fee
- Rec & Wellness Fee
- Technology Fee
- Medical Clinic Health Fee
These fees contribute to various campus services and activities.
Long-Term Financial Outcomes
Marquette University graduates see a strong return on their investment. Six years after graduation, the median salary for graduates is $65,241. The four-year graduation rate is 69%. The typical amount of loans a student must pay back is $33,897.
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