Understanding Clarion University of Pennsylvania Tuition and Fees
Planning for college expenses is a crucial part of the application process. Understanding the costs associated with Clarion University of Pennsylvania, along with available financial aid options, is a vital first step in managing your investment in higher education.
Cost of Attendance: The Sticker Price
The "Cost of Attendance" (COA) represents the total amount of money the average student pays to attend a school, before any financial aid is applied. It's essentially the sticker price of a university.
For Clarion University of Pennsylvania, the Cost of Attendance differs depending on whether you are an in-state or out-of-state student. In-state students benefit from lower tuition and fees. In 2020-2021, the average out-of-state tuition and fees at Clarion University of Pennsylvania was about $16,052 per year for students working on an undergraduate degree. In-state undergraduates received a discount for tuition and fees at the school and only had to pay $11,173 per year.
Because Clarion University of Pennsylvania is an out-of-state public institution, you might pay more than if you were an in-state student.Clarion University tuition and fees are for one year of attendance, not including room and board.
It's important to remember that many students qualify for scholarships and financial aid that will lower the amount they have to pay.
Read also: Tuition at Loyola University Maryland
How Clarion University Tuition & Fees Compare to Other Schools
Nationwide, out-of-state students pay, on average, $19,933 per year in tuition and fees to attend college. With an average cost of $16,052 in tuition and fees for undergraduate students, Clarion University of Pennsylvania is inexpensive when compared to the national average.
Undergraduates who attend school in the same state they live in pay around $16,784 in yearly tuition and fees. Clarion University only charges $11,173 a year in for in-state undergraduates, making it relatively inexpensive when compared to the national average.
Clarion University of Pennsylvania compares to other schools in terms of tuition and fees:
- Nationwide: Inexpensive
- Middle Atlantic: Inexpensive
- Pennsylvania: Inexpensive
Grants and Scholarships: Free Money for College
Grants and scholarships are crucial forms of financial aid because they don't have to be repaid. The amount of money that students actually get is just as important (if not more important) than the percent of students who get grants.
Understanding Student Loans
Aside from grants, the other major way to pay for college is with student loans. The more student loan money you borrow, the more debt you’ll end up with after graduation. Ideally, you want to minimize your student debt as much as possible. It’s generally a bad sign if a school has many students taking out a lot of loans.
Read also: Affording ECU
It’s very common for college grads in the US to graduate with some debt, but high percentages of students taking on loans at a particular school is a big red flag. High numbers of students with loans is a red flag, and Clarion University of Pennsylvania is above average.
Federal vs. Private Loans
Federal loans tend to have low interest rates, which means they cost less in the long run. High percentages or amounts of federal loans still isn’t a great sign - again, you don’t want to see students burdened with too much debt. At Clarion University of Pennsylvania, 79% of all students take out federal loans. At Clarion University of Pennsylvania, the average annual federal loan amount is $5924.
Other loans, or private loans, are the last resource students turn to when paying for college. At Clarion University of Pennsylvania, 11% of students take out private loans. Just as important as the percentage of students with private loans is the average loan amount. The average private loan amount at Clarion University of Pennsylvania is $9238. The percentage of students getting federal loans is greater than those getting private loans, which is a good sign.
Net Price: Your Out-of-Pocket Cost
The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. Once again, the Net Price is the total cost of attending, minus the aid you can expect to get (grants and scholarships).
Expected Family Contribution (EFC)
The US government has come up with a standardized way to calculate how much a typical family can afford to pay without help. Colleges use this number as a guideline to decide how much aid to give you, but it's just a guideline. If the Net Price is higher than the EFC, the school will cost more than you can typically afford.
Read also: Withdrawals for College: A Guide
Chances are, college won't be cheap. Have you considered a range of private and public schools? What if you didn't attend college at all? Here's our take: college will be a really important stage in your development. Going to a better, more reputable college will usually pay off in the long run.
Value and Ranking
To determine the value of Clarion University of Pennsylvania, we're going to rely on reputable ranking lists. As a regional school, Clarion University of Pennsylvania may not be a household name nationwide, but it's known to people in the local area as a solid school. Compared to some other regional schools, Clarion University of Pennsylvania didn't appear on our best value lists. This might be because the net price is higher than for other schools of similar reputation. This isn't the end of the world - you can likely still afford Clarion University of Pennsylvania by taking out loans, earning scholarships, or working part-time. Overall, Clarion University of Pennsylvania is a decent value, and going to college here will likely pay off over time.
Admissions and Enrollment
To meet Clarion University of Pennsylvania's admission requirements, you'll need to have competitive SAT/ACT scores and a good GPA. In 2021, the undergraduate acceptance rate of Clarion University of Pennsylvania was 99.2% (1,629 admissions from 1,642 applications). This is higher than the acceptance rate of 2020, which was 94.2%.
There were 3,922 students enrolled at Clarion University of Pennsylvania in 2021. 90% of first-time enrollees submitted SAT scores with their applications. Clarion University of Pennsylvania has an overall enrollment yield of 32%, which represents the number of admitted students who ended up enrolling.
The enrolled student population at Clarion University of Pennsylvania, both undergraduate and graduate, is 81% White, 7.32% Black or African American, 3.47% Hispanic or Latino, 1.63% Two or More Races, 1.43% Asian, and 0.178% American Indian or Alaska Native.
Full-Time vs Part-Time Enrollment
The total enrollment at Clarion University of Pennsylvania in 2021, both undergraduate and graduate, is 3,922 students. The full-time enrollment at Clarion University of Pennsylvania is 2,631 and the part-time enrollment is 1,291. This means that 67.1% of students enrolled at Clarion University of Pennsylvania are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.
Retention Rate over Time
Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Clarion University of Pennsylvania was 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Clarion University of Pennsylvania had a retention rate higher than its peers.
Financial Aid Statistics
In 2021, 90% of undergraduate students attending Clarion University of Pennsylvania received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.
Graduation Rates and Outcomes
In 2021, 742 more women than men received degrees from Clarion University of Pennsylvania. The most common race/ethnicity group of degree recipients at Clarion University of Pennsylvania is white (1,228 degrees awarded).
The student demographic with the highest graduation rate in 2021 at Clarion University of Pennsylvania is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (74.3%).
Additional Financial Considerations
Projected Costs
With an average annual growth rate of 0.14% for the past five years, Pennsylvania residents could expect to pay $11,255 this year if the percentage growth remains the same. At this rate, we estimate the total cost of in-state tuition and fees for two years at Clarion University to be $22,526, and $45,117 for four years.
For out-of-state students, tuition and fees have increased by about 0.10% in the past five years. This year, out-of-state students will be paying approximately $16,134 if the percentage increases stay the same. This means an estimated $32,284 for two years of out-of-state tuition and fees at Clarion University, and $64,633 for four years.
Endowment and Expenditures
Clarion University of Pennsylvania has an endowment valued at nearly $49.5M, as of the end of the 2021 fiscal year. In 2021, Clarion University of Pennsylvania had a total salary expenditure of 112M.
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