Emory University Tuition and Fees

 Emory University Tuition and Fees

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    By Kelly Boyer Sagert

    (Last Updated – 08/2022)

    Emory University is a four-year private research university located in Atlanta, Georgia. Degrees offered at the university range from bachelor’s to doctorates. Here’s what you need to know about the admission requirements, Emory acceptance rate, popular majors, Emory tuition, and much more.

    Total Cost of Attendance

    Emory University is known for its excellent liberal arts college, humanities, and social science. It also has a prominent health care system with a well-regarded medical school. The university attracts significant funding as it develops medical breakthroughs, including drug therapies.

    Emory University tuition and room and board for 2021-2022 is:

    •  Emory tuition: $55,468, a 3% increase from the previous year

    •  Books and supplies: $1,250, a 2.1% increase from the previous year

    •  On-campus/off-campus room and board: $16,302, a 7% increase from the previous year

    •  Other fees: $2,574, a .9% increase from the previous year

    •  Total: $75,594, a 3.7% increase from the previous year

    Financial Aid

    In 2020-2021, 61% of first-time, full-time students received financial aid. More specifically:

    •  Grant or scholarship aid: 56% of students received them with an average award of $44,517

    •  Federal grants: 19% of students received them with an average award of $6,943

    •  Pell grants: 19% of students received them with an average award of $5,618

    •  Other federal grants: 12% of students received them with an average award of $2,016

    •  State/local: 11% of students received them with an average award of $6,157

    •  Institutional: 55% of students received them with an average award of $41,681

    •  Student loan aid: 22% of students received them with an average award of $8,368

    •  Federal student loans: 21% of students received them with an average award of $5,029

    •  Other: 3% of students received them with an average award of $24,114

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    Recommended: Scholarship Search – College Scholarships Finder Tool

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    In 2020-2021, 3% of first-time students at Emory used private student loans.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    Four years of Emory University tuition at the 2020-2021 cost of $55,468 would be $221,872, not accounting for price increases. The university did increase tuition costs by 3% from the previous year.

    Here’s some Georgia Student Loan & Scholarship Information for you.

    Undergraduate Tuition and Fees

    Emory University tuition in 2020-2021 cost $55,468. Total costs were $75,594. In comparison, the average total cost of a four private university in 2020-2021 was $54,500, making Emory 38.7% more.

    Graduate Tuition and Fees

    In 2020-2021, Emory tuition for graduate students was $44,800 with $884 in fees for a total of $45,684. The average graduate tuition in 2019-2020 for other not-for-profit private universities was $28,430.

    Cost per Credit Hour

    For 2020-2021, students who registered full-time (nine or more credit hours per semester) were charged $21,900 per semester. Students taking fewer than nine credit hours per semester were considered part-time, and charged $2,433 per credit hour.

    Campus Housing Expenses

    On-campus and off-campus room and board for 2020-2021 cost $16,302, a 7% increase from the previous year. There were additional fees of $2,574, a .9% increase from the previous year. Incoming first-year housing applications for 2022-2023 open on April 1. Roommate matching and priority housing selections must be made by June 1.

    In addition to a number of residence halls, additional on-campus housing options include sorority and fraternity houses, theme housing, and more.

    The university offers resources for off-campus housing. These are are some sample rent costs:

    •  1-2 bedrooms: $1,390-$3,035

    •  Studio-two beds: $1,600-$2,760

    •  Studio apartment: $1,450

    Note that apartments may require a year round lease, not just for the academic year.

    Emory University Acceptance Rate

    In fall 2020, 33,435 students applied to the university and the Emory acceptance rate was 13%.

    Admission Requirements

    Emory University looks for students who took challenging courses in high school, noting that low test scores (if a student chooses to submit them) can be overcome with high grades. Applicants should submit recommendation letters, as well as personal statements and essays, and share how they will contribute to the university and community. Extracurricular activities can also be listed.

    SAT and ACT Scores

    Emory University is test optional through fall 2023. If you’re curious about test scores previously submitted, know this: In fall 2021, 37% of applicants submitted SAT scores and 27% of them submitted ACT scores. Of those, here are the 25th and 75th percentiles:

    For submitted tests, here are the 25th and 75th percentiles:

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    690

    750

    SAT Math

    730

    790

    ACT Composite

    32

    34

    Graduation Rate

    For students beginning in fall 2015, graduate rates are as follows:

    •  4 years: 83%

    •  6 years: 90%

    •  6 years: 91%

    Post-Graduation Median Earnings

    Median earnings for Emory graduates is $72,364. This is 51% higher than the average for college gradulates in the U.S. of $47,891.

    Bottom Line

    Emory University offers outstanding academic programsin a number of fields, including business and medicine. Tuition is higher than the national average, and Emory acceptance is competitive, but the university offers generous institutional grants and scholarships, and graduates receive higher salaries after graduation than average.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

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    Photo credit: iStock/Rebecca Todd
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