Understanding Trevecca Nazarene University Tuition and Costs

Choosing a university is a significant investment, and understanding the costs involved is crucial. This article provides a comprehensive overview of Trevecca Nazarene University's tuition, fees, financial aid options, and other expenses, helping prospective students make informed decisions.

Tuition and Fees: The Sticker Price

Trevecca Nazarene University's tuition is $31,300, making it a more affordable option compared to the national average of $46,950. This figure represents the "sticker price" and includes both tuition and fees. These fees can cover various services and resources, such as library access, student gym facilities, student centers, technology resources, and campus health centers.

The annual tuition to attend Trevecca Nazarene University is $28,590. The cost is the same for both in-state and out-of-state students.

Beyond Tuition: The Total Cost of Attendance

While the sticker price provides a baseline, it's essential to consider the total cost of attendance. This includes tuition and fees, plus expenses like:

Food and Housing: On-campus room and board is provided by the school at a cost of $10,150 per academic year. If living on-campus, students should budget for $2,760 in additional living expenses.
Books and Supplies: \$0 per year.
Transportation: \$1,060 per year.
Personal Expenses: \$2,780 per year.

Net Price: Factoring in Financial Aid

The net price offers a more realistic estimate of what students actually pay after factoring in grants and scholarships. The average reported annual net price for Trevecca Nazarene University for students receiving grants or scholarship aid was $16,222 in 2019/2020.

It's important to remember that the net price varies based on individual circumstances, such as family income, assets, and financial need. To get the most accurate estimate of your net price, use the college’s Net Price calculator. Financial aid is only available to those who qualify.

Financial Aid Opportunities

Trevecca Nazarene University offers various financial aid options to help students manage the cost of education. 100% of full-time undergrad Trevecca Nazarene University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $22,579 per student during the 2019/2020 school year.

Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Types of Aid

Grants and Scholarships: This aid does not need to be paid back. 100% of full-time undergraduates at Trevecca Nazarene University receive financial aid in the form of grants and scholarships.
- Need-Based Scholarships/Grants: These take a student’s financial status into account.
- Merit-Based Scholarships: These are awarded for academic, athletic, or other achievements. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation.
Loans: These must be repaid with interest.

Read also: Affording ECU
- Federal Loans: These are offered by the government. The median federal loan debt among borrowers who completed their undergraduate degree is $18,744. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $199.
- Private Loans: These are offered by banks and other lending institutions. Additionally, 8% of graduating students at Trevecca Nazarene University took out private loans. Students with private loans had an average of $27,121 in private loan debt at graduation.
Work-Study: This program allows students to work part-time, often on campus, to earn money for expenses. Trevecca Nazarene University provides a plethora of work-study, internship, and on-campus employment opportunities for its students. The compensation for these roles varies, depending on the nature of the job and the number of hours worked. Some students have the potential to earn hundreds of dollars every semester, while others may choose to work fewer hours voluntarily, gaining valuable experience and other benefits that enhance their resumes.

Financial Aid Application

FAFSA: To apply for federal student aid, including Pell Grants, students must complete the Free Application for Federal Student Aid (FAFSA). The average Pell Grant awarded for 2019/2020 was $5,416.
Application Deadlines: The last day to apply for financial aid or turn in related paperwork is January 1. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.

Student Loan Debt: Planning for the Future

Understanding potential student loan debt is crucial for long-term financial health. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.

Average Total Indebtedness: The average total indebtedness of the 2024 graduating class is $22,945.
Percentage of Borrowers: 46% of graduating students borrowed any loan type in 2024.

To gauge a more realistic picture of what it really could cost you out of pocket to go to Trevecca Nazarene University, we've modeled a ten year student loan with an original principal value of $64,888. The loan balance of $64,888 is a four year multiple of the $16,222 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $738 could be required to pay off your student loan. Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest.

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 Trevecca Nazarene University, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Additional Opportunities

Military Benefits: Trevecca Nazarene University offers military benefits for eligible students. The average amount of military benefits received by graduate students is 11,297 USD, placing the university in the top 50% for this category. Institution is G.I. Bill certified and participates in Yellow Ribbon Program.

Read also: Withdrawals for College: A Guide

On-Campus Housing and Board: Trevecca Nazarene University provides on-campus housing for its students, with a total dormitory capacity of 917. Additionally, the institution offers a board or meal plan for students. It is important to note that first-time degree-seeking students are required to live on campus, which may impact their overall cost of attendance.

Work-Study and Employment: The university offers on-campus employment in various departments, including the Office of Career Development and Connections, the Office of Admissions, and the Office of Student Services. These positions not only provide students with a source of income to support their education but also offer them the chance to acquire valuable work experience.

At the start of the fall semester, the university's Center for Student Development organizes an on-campus job fair. This event allows students to interact with representatives from different departments across the campus. Furthermore, the Career Services page provides year-round job postings for both on and off-campus positions, ensuring students have access to employment opportunities throughout the year.

Internship opportunities are also available for students seeking hands-on experience in their field of study. These internships, accessible through the Office of Career Development and Connections, offer students the chance to work with professionals in their field, thereby gaining valuable skills that will be beneficial in their future careers.

Trevecca Nazarene University also extends work-study programs to international students. These programs allow international students to work on campus and earn money to support their education.

Academic Programs

Trevecca Nazarene University offers a variety of graduate programs, including:

Doctor of Business Administration (DBA)
Doctor of Education in Leadership (EdD)
Ph.D. in Clinical Counseling
Education Specialist (Ed.S.)
Master of Arts in Church and Community
Master of Arts in Clinical Mental Health Counseling
Master of Arts in Teaching
Master of Arts in Theology and Biblical Studies
Master of Arts in Worship and Leadership
Master of Business Administration (MBA)
Master of Education in English as a Second Language
Master of Marriage and Family Counseling
Master of Public Health (MPH)
Master of Healthcare Administration (MHA)
Master of Science in Instructional Design and Technology
Master of Science in Sport and Entertainment Management
Physician Assistant (PA) program

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