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Cost
of Attendance
The
Financial Aid Office provides an estimate of cost for attending David
N. Myers University. The budget is made up of two types
of costs – direct and indirect. The direct costs are tuition and
fees. The indirect costs reflect average costs for educational-related
living expenses including books, supplies, transportation and personal
expenses. The budget examples listed below are based on an undergraduate
student who is enrolled in 12 hours for both the fall and winter semesters.
Dependency status also factors in to which budget is used to determine
a student’s financial aid.
Accordingly,
below you will see a standard budget for both an independent student
and
a dependent student. (A student’s dependency status
is determined by the federal government through the filing of the FAFSA
form.) However, individual student's costs may vary depending on lifestyle
choices and personal living arrangements.
| 2007-2008
Dependent Student Budget/Cost of Attendance (Commuter): |
| Yearly Tuition for 24 hours: |
$10,800 |
| Books and Supplies: |
$1000 |
| Tech Fee: |
$150 |
| Transportation: |
$1000 |
| Personal Expenses: |
$4000 |
| Total: |
$16,950* |
2007-2008
Dependent Student Budget/Cost of Attendance (Resident): |
| Yearly Tuition for 24 hours: |
$10,800 |
| Books and Supplies: |
$1000 |
| Tech
Fee: |
$150 |
| Transportation: |
$1000 |
| Room and Board: |
$7280 |
| Total: |
$20,150* |
2007-2008
Independent Student Budget/Cost of Attendance (Commuter):
|
| Yearly Tuition for 24 hours: |
$10,800 |
| Books and Supplies: |
$1000 |
| Tech
Fee: |
$150 |
| Transportation: |
$1000 |
| Personal Expenses: |
$8000 |
| Total: |
$20,950* |
2007-2008
Independent Student Budget/Cost of Attendance (Resident):
|
| Yearly Tuition for 24 hours: |
$10,800 |
| Books and Supplies: |
$1000 |
| Tech
Fee: |
$150 |
| Transportation: |
$1000 |
| Personal Expenses: |
$7200 |
| Total: |
$20,150* |
*Again, please note this is not the amount you will owe the college.
Only direct tuition costs are billed costs.
Financial Aid Budget:
The Financial Aid Office provides an estimate of cost for attending
Myers University. The budget reflects both direct educational
expenses
(tuition, room and board) as well as indirect estimated costs such
as books, transportation and personal expenses. It is important to
note
that this budget includes average indirect costs, and individual students'
costs may vary depending on lifestyle choices and personal living arrangements.
All students are awarded using the financial aid cost of attendance
budget as defined above. This budget can be adjusted based on dependency
status
(independent or dependent), enrollment status (full-time or part-time),
and degree program (Bachelor’s, Associate’s, etc.).
Tuition Payments:
Tuition charges are due in full no later than at the end of each semester.
Any remaining balance will accrue interest at a rate of 1.5% monthly.
Students may be prevented from registering for classes if they owe a
balance, so it is very important to ensure that all charges will be paid.
Students may use financial aid to cover some or all of these costs, but
any remaining balance will be the responsibility of the student. Myers
University also offers students the opportunity pay by installment. Students
should contact the Business Office to make payment arrangements.
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