Understanding the Cost of High Point University: Tuition, Fees, and Household IncomeStudents and their families need to have an understanding of the pricing situation when pursuing higher education. Important new information on the average cost of attendance, the breakdown of tuition, and the effects of financial assistance on these numbers will be provided by the 2024–2025 school year. Now let’s go specifically and examine the financial aspects of going to college.
High Point University (HPU) Eligibility Criteria:
• Academic Qualifications: A high school diploma or equivalent GPA or class ranking may be required.
• Standardized Test Scores: SAT or ACT scores may be required.
• Application Form: A comprehensive application form including personal information, academic history, and an essay or personal statement.
• Letters of Recommendation: Recommendations from teachers, counselors, etc. may be required.
• Extracurricular Activities: Participation in extracurricular activities, community service, or leadership roles can enhance an application.
• Optional Interviews: Interviews can showcase personality, motivation, and suitability for the program.
• Portfolio: A portfolio may be required for artistic or creative programs.
• English Proficiency: Proof of English proficiency through TOEFL or IELTS.
• Financial Documentation: Proof of financial support may be required.
• Specific Program Requirements: Certain programs may have additional requirements.
Average Cost of Attendance:
The US Department of Education (IPEDS) reports that, for the 2024–2025 academic year, the average cost before help is $62,190. Aid taken into account, however, causes the average cost to decrease dramatically to $39,317. This cut demonstrates how crucial financial aid is to increasing access to higher education.
Tuition Breakdown:
A major component of the cost breakdown is tuition, which is set at $20,274. While tuition forms a substantial part of the overall cost, it’s crucial to recognize that there are other expenses contributing to the total.
Other Costs: Books and On-Campus Room and Board:
Beyond tuition, students incur additional cooks, room, and board. costs These miscellaneous expenses, totaling $41,916, encompass the essential elements of the college experience. From textbooks to on-campus living, these costs play a significant role in shaping the overall financial picture for students.
Tier 1 Housing | Cost of Attendance
| Highly Valued Collection of Complimentary Services | |
|---|---|
| Academic Tutoring and Printing | Complimentary |
| Campus Parking and Airport Transportation | Complimentary |
| Success Coach and Career Advisor | Complimentary |
| Parent and Student Concierge Services | Complimentary |
| Laundry in residence hall | Complimentary |
| Athletic Events and Concerts | Complimentary |
| Professional LinkedIn Photo | Complimentary |
Tier 2 Housing | Cost of Attendance
| Fall 2023 | Spring 2024 | |
|---|---|---|
| Tuition (full-time enrollment of 12–18 credit hours) and Fees | $23,274 | $23,274 |
| Tier 2 Housing and Meal Plan | $11,478 | $11,478 |
| State Meal Plan Tax | $333 | $333 |
| Campus Parking | Complimentary | Complimentary |
| Athletic Events | Complimentary | Complimentary |
| Airport Transportation | Complimentary | Complimentary |
| Printing | Complimentary | Complimentary |
| Laundry (in-residence) | Complimentary | Complimentary |
| Academic Tutoring | Complimentary | Complimentary |
| Concerts | Complimentary | Complimentary |
| Concierge Services | Complimentary | Complimentary |
| Professional LinkedIn Photo | Complimentary | Complimentary |
| Success Coach | Complimentary | Complimentary |
| Career Advisor | Complimentary | Complimentary |
| Total direct costs: | $35,085 | $35,085 |
| Books and Supplies Allowance | $750 | $750 |
| Transportation Allowance | $600 | $600 |
| Personal Allowance | $540 | $540 |
| Federal Loan Fees* | $30 | $30 |
| Total indirect costs: | $1,920 | $1,920 |
| Total Cost of Attendance (COA) | $37,005 | $37,005 |
| Tier 2 Housing The cost of attendance is utilized for financial aid purposes. | ||
Cost by Household Income: Understanding the impact of household income on the cost of education is vital. The breakdown by income categories reveals valuable insights:
- Less than $30,000:
- Average Cost After Aid: $33,814
- $30,001–48,000:
- Average Cost After Aid: $35,485
- $48,001–75,000:
- Average Cost After Aid: $35,371
- $75,001–110,000:
- Average Cost After Aid: $38,054
- More than $110,001:
- Average Cost After Aid: $41,669
Living with Parent(s) | Cost of Attendance
| Fall 2023 | Spring 2024 | |
|---|---|---|
| Tuition (full-time enrollment of 12–18 credit hours) and Fees | $23,274 | $23,274 |
| Campus Parking | Complimentary | Complimentary |
| Athletic Events | Complimentary | Complimentary |
| Printing | Complimentary | Complimentary |
| Academic Tutoring | Complimentary | Complimentary |
| Concerts | Complimentary | Complimentary |
| Concierge Services | Complimentary | Complimentary |
| Professional LinkedIn Photo | Complimentary | Complimentary |
| Success Coach | Complimentary | Complimentary |
| Career Advisor | Complimentary | Complimentary |
| Total direct costs: | $23,274 | $23,274 |
| Living Allowance | $2,040 | $2,040 |
| Food Allowance | $800 | $800 |
| Books and Supplies Allowance | $750 | $750 |
| Transportation Allowance | $900 | $900 |
| Personal Allowance | $270 | $270 |
| Federal Loan Fees* | $30 | $30 |
| Total indirect costs: | $4,790 | $4,790 |
| Total Cost of Attendance (COA) | $28,064 | $28,064 |
Commuter | Cost of Attendance
| Fall 2023 | Spring 2024 | |
|---|---|---|
| Tuition (full-time enrollment of 12–18 credit hours) and Fees | $23,274 | $23,274 |
| Campus Parking | Complimentary | Complimentary |
| Athletic Events | Complimentary | Complimentary |
| Printing | Complimentary | Complimentary |
| Academic Tutoring | Complimentary | Complimentary |
| Concerts | Complimentary | Complimentary |
| Concierge Services | Complimentary | Complimentary |
| Professional LinkedIn Photo | Complimentary | Complimentary |
| Success Coach | Complimentary | Complimentary |
| Career Advisor | Complimentary | Complimentary |
| Total direct costs: | $23,274 | $23,274 |
| Living Allowance | $4,080 | $4,080 |
| Food Allowance | $2,400 | $2,400 |
| Books and Supplies Allowance | $750 | $750 |
| Transportation Allowance | $1,200 | $1,200 |
| Personal Allowance | $540 | $540 |
| Federal Loan Fees* | $30 | $30 |
| Total indirect costs: | $9,000 | $9,000 |
| Total Cost of Attendance (COA) | $32,274 | $32,274 |
These figures emphasize the nuanced relationship between household income and the financial burden of higher education. Financial aid proves to be a crucial equalizer, ensuring that students from varying economic backgrounds have access to education.
Conclusion:
When students set out on their path to further their education, they must take into account the complex financial environment that comes with going to college. The figures for the 2024–2025 school year stress the significance of financial assistance, present a summary of expenses, and stress how household income impacts the whole financial picture. Through comprehension of these interactions, learners and their families may make knowledgeable choices, guaranteeing that the quest for knowledge is both financially feasible and rewarding.