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Washington University in St. Louis Tuition and Fees


Washington University in St. Louis Tuition and Fees

Washington University in St. Louis Tuition and Fees

On this page:

    By Kelly Boyer Sagert

    (Last Updated – 06/2025)

    Washington University in St. Louis (or WashU) is a prestigious private research university located in Missouri. Founded in 1853, it is known for its rigorous academics and collaborative environment. The school offers strong programs across disciplines including business, engineering, medicine, law, and the arts and sciences. With a diverse and intellectually curious student body, WashU combines academic excellence with a supportive campus culture that prepares students for leadership and meaningful impact in their careers.

    Total Cost of Attendance

    The total cost of attendance at Washington University in St. Louis in 2024-25 was $92,523, which is significantly higher than the national average of $60,420 at private colleges.

    Here’s a look at how those costs breakdown:

    Costs for 2024-25

    Tuition & Fees

    $65,790

    Books & Supplies

    $1,304

    Room & Board (On-Campus)

    $21,854

    Other Expenses

    $7,280

    Total Cost of Attendance

    $92,523

    Financial Aid

    Washington University in St. Louis is need-blind when reviewing applications, which means a student’s financial need will not influence an admission decision. In fact, 54% of undergraduates use financial aid to help cover the tuition and other costs. This may be scholarships, grants, student loans, or a combination of these.

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

    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, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

    •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

    Recommended: Missouri Student Loan & Scholarship Information

    Private Student Loans

    Some students take out student loans to help cover WashU tuition and other costs: 16% take out federal loans; 2% get private student loans (with an average amount of $27,740).

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

    The total cost to attend WashU for four years — including tuition and fees, room and board, books, and other expenses — would be $370,092 (based on 2024-25 numbers). This is higher than the national average of $241,680 for four years at a private university.

    This student loan and scholarship information may be valuable as you research schools and costs.

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2024-25

    WashU undergraduate tuition and fees for 2024-25 were $65,790, which is higher than the national average for private schools, which is $41,540.

    Graduate Tuition and Fees

    Costs for 2024-25

    •   Average tuition: $64,500

    •   Fees: $646

    Tuition and fees for graduate students at WashU for 2024-25 averaged $65,146. This is substantially higher than the average cost of graduate school tuition and fees in the U.S., which is $22,430 per year.

    There are graduate loans available to help with these costs.

    Cost per Credit Hour

    If students take more than 21 units per semester, they will pay additional tuition of $2,688 for each additional credit. Undergraduate students may be eligible to pay the per-credit unit tuition rate if they receive approval to take below the required minimum courseload of 12 units.

    Campus Housing Expenses

    First-year WashU students are required to live on campus. If you enroll as a freshman, you will live in one of 10 residential communities located on a part of campus known as “South 40.” Most sophomores continue living on the South 40, though some move to the Northside or opt for a Living Learning Community or fraternity housing. Many juniors and seniors choose to live in university-owned apartments located both on and off campus.

    Costs for 2024-25

    •  Estimated housing and food expenses (on/off campus): $21,854

    •  Estimated other living expenses: $3,575

    Total living expenses for the 2024-24 academic year were estimated at $25,429.

    Washington University in St. Louis Acceptance Rate

    Fall 2023

    Number of Applications

    32,240

    Number Accepted

    3,869

    Percentage Accepted

    12%

    The WashU acceptance rate is 12%, which makes the school extremely selective.

    Admission Requirements

    Here’s what you’ll need to submit to apply to WashU as a first-year student:

    •   Application (either the Common Application or Coalition Application)

    •   Answers to WashU-specific questions

    •   School report and official transcript

    •   Teacher evaluation

    •   Counselor recommendation

    Optional:

    •   Self-reported or official SAT or ACT scores

    •   Answer to supplemental WashU question

    Note: A portfolio is required for students applying to the College of Art, and strongly encouraged for students applying to the College of Architecture. The portfolio should be submitted using SlideRoom.

    Here are the application deadlines:

    •   Early Decision I: November 1 (with an admission decision released by December 13)

    •   Early Decision II: January 2 (with an admission decision released by February 14)

    •   Regular Decision: January 2 (with an admission decision released by April 1)

    SAT and ACT Scores

    Though submitting test scores is optional at WashU, it can be helpful to know the average scores of other students who chose to submit their scores.

    Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    730

    770

    SAT Math

    770

    800

    ACT Composite

    33

    35

    ACT English

    34

    35

    ACT Math

    31

    35

    Graduation Rate

    The vast majority of WashU students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

    •  4 years: 87%

    •  6 years: 94%

    Post-Graduation Average Earnings

    The average annual salary for graduates of Washington University in St. Louis is $84,000. This is significantly higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

    Bottom Line

    WashU is a highly respected private college that is difficult to get into and offers a top-tier education. Tuition is on the upper end, but roughly half of undergraduates receive some sort of financial aid, including need-based grants, merit scholarships, and student loans. Graduates typically earn a higher salary than the average.

    If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


    Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

    View your rate

    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
    SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    SOISL-Q225-092

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    University of Southern California (USC) Tuition and Fees


    University of Southern California (USC) Tuition and Fees

    University of Southern California (USC) Tuition and Fees

    On this page:

      By Kelly Boyer Sagert

      (Last Updated – 06/2025)

      The University of Southern California (USC), founded in 1880, is a prestigious private research university located in Los Angeles, California. Renowned for its academic excellence, USC offers a wide range of undergraduate, graduate, and professional programs through its 23 schools and academic departments. It is especially recognized for strengths in business, engineering, cinema, and the arts. Located near the heart of L.A., USC provides students with vast cultural, professional, and creative opportunities, making it a leading institution for higher education on the West coast.

      Total Cost of Attendance

      The total cost of attendance at USC in 2023-24 was $90,453, which is significantly higher than the national average of $60,420 at private colleges.

      Costs for 2023-24

      Tuition & Fees

      $68,237

      Books & Supplies

      $1,200

      Room & Board

      $19,198

      Other Expenses

      $1,818

      Total Cost of Attendance

      $90,453

      Financial Aid

      USC is need-blind in its admission process, which means a student’s financial need will not influence an admission decision. In fact, around 70% of USC students use financial aid to help cover the tuition and other costs. This may be student loans, scholarships, or grants, or a combination of these.

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

      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, or financial need.

      •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

      •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

      Private Student Loans

      Of the USC students who take out student loans, 25% take out federal loans, and 3% get private student loans (with an average amount of $38,338).

      Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

      The total cost to attend USC for four years — including tuition and fees, room and board, books, and other expenses — would be $361,812 (based on 2023-24 numbers). This is much higher than the national average of $241,680 for four years at a private university.

      This student loan and scholarship information may be valuable as you research schools and costs.

      Repay student loans your way.

      Find the monthly
      payment & rate that fits your budget.

      Undergraduate Tuition and Fees

      Costs for 2023-24

      University of Southern California undergraduate tuition and fees for 2023-24 were $68,237, which represents a 5.4% increase over the prior academic year.

      Graduate Tuition and Fees

      Costs for 2023-24

      •   Average tuition: $66,640

      •   Fees: $2,232

      Tuition and fees for graduate students at USC for 2023-24 averaged $68,872. This is substantially higher than the average cost of graduate school tuition and fees in the U.S., which is $22,430 per year.

      There are graduate loans available to help with these costs.

      Cost per Credit Hour

      The cost per credit hour (or unit) is $2,354 for both undergraduate and graduate students at USC. Undergraduate students take 12-18 units per semester; graduate students take 15-18 units per semester.

      Campus Housing Expenses

      While USC does not require freshmen to live on campus, the school offers a wide range of on-campus housing options for first-year students, including residence halls, suites, and apartment-style living.

      Costs for 2023-24

      •  Estimated housing and food expenses (on/off campus): $19,198

      •  Estimated other living expenses (on/off campus): $1,818

      Total living expenses for 2023-24 came to an estimated $21,015 for students who chose to live on or off campus.

      You can find out more about housing at USC here .

      University of Southern California (USC) Acceptance Rate

      Fall 2023

      Number of Applications

      80,808

      Number Accepted

      8,081

      Percentage Accepted

      10%

      The USC acceptance rate is 10%, which makes the school highly selective.

      Admission Requirements

      Here’s what you’ll need to apply to USC as a first-year student:

      •   The Common Application

      •   Official high school transcript

      •   Letter of recommendation from school counselor or teacher (some programs may require additional letters of recommendation)

      •   SAT/ACT test scores (optional)

      •   Portfolio, résumé, and/or additional writing samples (if required by your intended major)

      •   Fall grades (when available)

      Here are the application deadlines:

      •   Early Action (majors not requiring a portfolio/audition): November 1

      •   Early Decision (Marshall School of Business only): November 1

      •   Regular Decision (majors requiring a portfolio or audition): December 1

      •   Regular Decision (majors not requiring a portfolio/audition): January 10

      SAT and ACT Scores

      Though submitting test scores is optional at the University of Southern California, it can be helpful to know the average scores of other students who chose to submit their scores.

      Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading and Writing

      700

      760

      SAT Math

      740

      790

      ACT Composite

      32

      35

      ACT English

      34

      35

      ACT Math

      30

      35

      Graduation Rate

      Most USC students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at USC in 2017.

      •  4 years: 77%

      •  6 years: 92%

      Post-Graduation Median Earnings

      The average starting annual salary for University of Southern California graduates is $72,261. This is slightly higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

      Bottom Line

      The University of Southern California is a sought-after school that can be difficult to get into and offers a world-class education. Tuition is on the upper end, but more than two-thirds of USC undergraduates receive some sort of financial aid, including grants, merit scholarships, and federal and private student loans. Graduates typically earn a higher salary than the average.

      If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


      Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

      View your rate

      SoFi Private Student Loans
      Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
      Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
      SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

      SOISL-Q225-085

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      Current Mortgage Rates in Syracuse, NY Today

      SYRACUSE MORTGAGE RATES TODAY

      Current mortgage rates in

      Syracuse, NY.




      View your rate

      Apply online or call for a complimentary mortgage consultation.

      Compare mortgage rates in Syracuse.

      Key Points

      •   Mortgage rates in Syracuse, New York, are influenced by economic conditions and the creditworthiness of the borrower.

      •   Keep in mind, higher credit scores and larger down payments can lead to more favorable mortgage rates.

      •   If you’re a first-time homebuyer, you might be eligible for programs provided by New York State.

      •   Historical mortgage rates in Syracuse have seen their ups and downs, but they’re not expected to change significantly over the coming year.

      •   Locking in a mortgage rate can protect against market swings while you await your closing.

      Introduction to Syracuse, New York Mortgage Interest Rates

      For those in the Syracuse, New York area, understanding mortgage rates is crucial when you’re ready to take the leap into homeownership. This comprehensive guide is here to provide the lowdown on how lenders determine home loan rates — and how you can secure the best rate possible. We’ll delve into the key factors that influence mortgage rates, from the economic climate to your personal financial status, credit history, and down payment amount. By the end, you’ll be equipped with the knowledge to make informed decisions and confidently pursue the home of your dreams. Your first step? Getting a handle on how mortgage rates are set in the first place.

      First-time homebuyer programs usually consider anyone who hasn’t owned a home in the previous three years to be a “first-timer.” If you think you might qualify as a first-time homebuyer, you could enjoy special benefits such as lower down payment minimums, grants, and closing cost assistance.

      Where Mortgage Rates Come From

      Mortgage rates are influenced by a variety of economic factors, and are a bit more complex than you might realize. The bond market, particularly the 10-year U.S. Treasury Note, has historically been a key indicator of where mortgage rates are headed. The overall performance of the housing market and the rate of inflation are also factors that can affect the prices lenders set. When the economy is strong, unemployment is low, and inflation is rising, mortgage lenders in Syracuse may increase rates.

      While these large economic trends point rates in one direction or the other, the rate you are personally offered by a lender will be based on your credit score, debt-to-income (DTI) ratio, and down payment amount. A credit score of 620 or better will likely be needed for a conventional loan, though some government-backed loans are more lenient when it comes to credit. By staying informed and understanding these moving parts, you’re better equipped to snag the most favorable mortgage rates in Dallas.

      See how your debts may affect your mortgage

      Use SoFi’s debt-to-income calculator to determine your personal DTI number.

      How Interest Rates Affect Home Affordability

      Why bother to keep track of interest rates? They have a big impact on the affordability of a home. Let’s say you’re looking at a $200,000 loan with a 30-year term. At a 6.50% interest rate, your monthly payment would be around $1,264. But if that rate creeps up to 7.00%, suddenly you’re paying $1,330 each month. Over 30 years, that seemingly small difference in interest rate adds up to almost $25,000, as you can see from the chart below.

      Interest Rate Monthly Payment Total Interest
      6.00% $1,199 $231,677
      6.50% $1,264 $255,085
      7.00% $1,330 $279,021
      7.50% $1,398 $303,403
      8.00% $1,467 $328,309

      Syracuse Mortgage Rate Trends

      Historical U.S. Mortgage Rates

      Knowing the history of mortgage rates in Syracuse can help put current rates into perspective. While rates have seen an increase in the last few years, moving away from the record lows seen in 2021, they are still lower than the highs of years past. The chart shows rates over the
      last half-century; as you can see, it’s fairly unusual for rates to dip below 5.00%

      Looking at the chart, you can see how average mortgage rates in New York state compare to those for the U.S. as a whole. Syracuse and its neighbors look good in this context, with New York rates trending below national averages. (The Federal Housing Finance Agency didn’t track state averages after 2018.)

      Year New York Rate U.S. Rate
      2000 8.10 8.14
      2001 7.02 7.03
      2002 6.47 6.62
      2003 5.63 5.83
      2004 5.70 5.95
      2005 5.78 6.00
      2006 6.44 6.60
      2007 6.40 6.44
      2008 6.03 6.09
      2009 5.06 5.06
      2010 4.80 4.84
      2011 4.55 4.66
      2012 3.62 3.74
      2013 3.77 3.92
      2014 4.08 4.24
      2015 3.81 3.91
      2016 3.62 3.72
      2017 3.91 4.03
      2018 4.37 4.57


      Source: Federal House Finance Agency

      Types of Mortgages Available in Syracuse, New York

      The type of mortgage loan you choose will in turn affect your interest rate, and you have an array of mortgage types to consider in Syracuse. Generally speaking, conventional loans will require a credit score of 620 or more. If your score is lower, you may be looking at a government-backed loan such as one from the Federal Housing Administration (FHA). Here are the more common mortgage types.

      Fixed-Rate Mortgage

      Fixed-rate mortgages are the bedrock of home financing, offering you the security of a consistent interest rate that won’t budge, regardless of market fluctuations. This means your monthly payments will be predictable and steady over a loan term of 10, 15, 20, 30, or even 40 years.

      Adjustable-Rate Mortgage (ARM)

      Now let’s talk about your other option, an adjustable-rate mortgage (ARM). This type of loan often starts with a lower introductory rate than a fixed-rate loan. But after this initial phase, the rate can vary based on market conditions. It’s a cost-effective option, but you must be prepared for potential rate increases and the impact on your monthly payments. (In some cases, those who sign up for an ARM have a plan to move before the rate begins to adjust.)

      FHA Loan

      FHA loans are known for their more flexible eligibility criteria when compared to conventional loans. Typically, these loans are open to qualified borrowers with a minimum credit score of 500. If your score is 580 or above, you can make a low down payment of just 3.5%. This makes owning a home a reality for a wider range of individuals. First-time buyers and those with limited financial resources can particularly benefit from these terms.

      VA Loan

      VA loans are a great option for eligible active-duty military members, veterans, reservists, National Guard members, and surviving spouses. One of the biggest benefits of VA loans is that they do not require a down payment. This makes them a very attractive option. The first step if you’re interested in a VA loan is to obtain a Certificate of Eligibility from the VA.

      Jumbo Loan

      For the majority of locations, including Syracuse (and all of New York outside the New York City area), conventional mortgage loans in 2025 have a cap of $806,500 for a single-family home. A jumbo loan is tailor-made for homebuyers whose borrowing needs surpass this limit. These loans, however, often come with more stringent qualification requirements, such as higher credit scores and the need for more substantial down payments.

      Should You Wait for Interest Rates to Fall?

      It’s a common question, especially for those new to the homebuying scene in Syracuse. The current buzz suggests that mortgage rates will hold steady for the time being. According to Fannie Mae’s March 2025 report, the average mortgage rate is anticipated to hover around 6.30% by the year’s end, with 2026 rates mirroring this trend. Keep in mind that a mortgage refinance is always an option down the road if you buy now and the rates do take a dip in the future.

      Recommended: Average Monthly Expenses for One Person

      Cost of Living in Syracuse

      The cost of living in Syracuse, New York, is not in the nosebleed territory of New York City, but it’s not one of the most affordable places in New York State, either. Below you can see how Syracuse compares to other cities in the state on a cost-of-living index where 100 equals the average cost of living in the U.S. The median home sale price in Syracuse is a relatively affordable $185,000, which is half the national average sale price, according to Redfin. But the housing market is quite competitive here, and prices are up significantly over last year.

      New York City Cost of Living
      Albany 104.8
      Buffalo 95.7
      Herkimer County 92.9
      New York (Brookylyn) 161.1
      New York (Manhattan) 230.6
      New York (Queens) 149.8
      Ostego County 99.6
      Rochester 99.1
      Syracuse 102.9
      Utica-Rome 95.9

      How to Get Your Best Possible Rate in Syracuse

      Before you begin the process of applying for a home loan in Syracuse, take these steps: Examine your credit score. It’s a key player in securing the best mortgage rates, so make sure your credit record is accurate, and pay your bills promptly. Also check your DTI ratio. As noted above, under 36% is best. Finally, scrutinize your budget to see what is the largest down payment you can handle (without eating into your emergency fund). Consider going through the mortgage preapproval process to nail down your budget and explore different mortgage types, from fixed-rate to adjustable-rate, to see what aligns best with your financial scenario.

      Helpful Tools & Calculators

      A mortgage payment calculator will be your friend during the mortgage process. You can plug in different loan amounts and terms to see how monthly payments and overall interest paid will be affected by different loans. In fact, you’ll want to keep all three of these calculators at your fingertips when home-shopping in Syracuse.

      Run the numbers on your home loan.

      Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.

      How to Evaluate Loan Offers in Syracuse

      You’ve polished your credit score, taken charge of your debts, and calculated what home you can afford. Now it’s time to get loan offers from multiple lenders and compare them head to head to see who is offering you the best rate. Don’t just compare interest rates. Look at each loan’s annual percentage rate (APR), which encompasses fees and closing costs as well. Once you’ve selected an offer, you can often lock in your rate for a fee, protecting against potential rate hikes for a set period, such as 90 days.

      Recommended: The Best Affordable Places in the U.S.

      Syracuse Mortgage Resources

      If you’re buying your first home in Syracuse or have limited financial means (or both), New York offers resources and programs to support you on your journey, including down payment assistance programs. The State of New York Mortgage Agency (SONYMA) is working to expand access to affordable homeownership. It has two primary mortgage programs, Achieving the Dream and Low Interest Rate. There is also a Down Payment Assistance Loan. All of these programs require income screening, and borrowers must meet other qualifications. Remember, as you are thinking about first-time buyer programs, anyone who hasn’t owned a primary residence in the last three years could qualify.

      Closing Costs in Syracuse

      Syracuse homebuyers can expect to pay between 2% and 5% of the loan value in closing costs. Factors that influence closing costs include property value and location. Costs can include loan origination fees, appraisal fees, and title insurance — for starters. Understanding the breakdown of these costs can help you budget effectively and ensure you’re not caught off guard at the closing table.

      The Takeaway

      Syracuse offers some nicely priced homes. By getting to know the current mortgage landscape in Syracuse and obtaining offers from multiple lenders, you can make the best decision for your financial situation. Whether you’re a first-time homebuyer or a seasoned homeowner looking to refinance, taking the time to research and compare loan options will help you make the best decision for your long-term financial health.

      Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.

      SoFi Mortgages: simple, smart, and so affordable.

      View your rate

      FAQ

      Will mortgage rates ever return to normal?

      What is “normal” for mortgage rates depends on your perspective. If you’ve only been watching rates for a few years, rates topping 6.50% might seem high. But if you bought a home in the 1980s, 6.50% seems like a veritable bargain. Waiting for “normal” rates may be less helpful than asking yourself if you can afford to purchase a home, and if so, is this the right time to do so based not only on cost but also on your personal situation.

      Will Syracuse, New York home prices ever decrease?

      The housing market in Syracuse is influenced by a variety of factors, including the overall state of the economy both locally and nationally and the balance of supply and demand. While it is difficult to predict the exact direction of home prices due to the inherent volatility of the market, a real estate agent with local knowledge may be able to help you peek ahead at where prices are going.

      How do you lock in a mortgage rate?

      Locking in a mortgage rate can provide peace of mind and financial stability. And it’s simple to do. Once you’ve shopped around for the best rates and found a loan that suits your needs, contact the lender or mortgage broker and ask them to lock in the rate so you can complete your home search and closing with peace of mind. There may be a small fee for this service.

      How do mortgage interest rates work?

      Mortgage interest rates are the cost of borrowing money to buy a home, and are typically expressed as a percentage of the loan amount. These rates are influenced by both your personal financial profile and the broader economy. Rates can be fixed or variable. When you make a mortgage payment, a portion of the payment goes toward the principal that you owe and a portion of it is interest. To see what amount is going where, a borrower can review the amortization schedule for their loan.


      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      SoFi Mortgages
      Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.


      ¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.


      †Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.


      *SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.


      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


      Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

      SOHL-Q225-116

      More home loan resources.

      Apply online or call us for a complimentary mortgage consultation.

      Read more

      University of South Florida Tuition and Fees


      University of South Florida Tuition and Fees

      University of South Florida Tuition

      On this page:

        By Jennifer Calonia

        (Last Updated – 06/2025)

        The University of South Florida (USF) is a public research university with campuses in Tampa, St. Petersburg, and Sarasota-Manatee. Established in 1956, USF is part of the State University System of Florida and one of the largest universities in the state by enrollment. Across the school’s 14 colleges, undergraduates can choose from more than 200 majors, minors, and concentrations, from business and engineering to the arts and health sciences.

        U.S. News & World Report ranks USF as #45 in Top Public Schools, and the #1 “best value” among all universities in Florida, public or private.

        Total Cost of Attendance

        The University of South Florida tuition in 2024-25 for state residents was $6,410. This is significantly lower than the national average of $11,260 for in-state tuition at public universities. For residents of other states, USF tuition was $17,324, which comes in well below the national average for out-of-state tuition of $29,150.

        Tuition, however, is only part of the total cost of attending college. Here’s a look at other expenses students can expect when attending the University of South Florida.

        Costs for 2024-2025


        Expense

        In-State

        Out-of-State

        Tuition & Fees

        $6,410

        $17,324

        Books & Supplies

        $770

        $770

        Room & Board

        $14,440

        $14,440

        Other Expenses

        $4,896

        $4,896

        Total Cost of Attendance

        $26,516

        $37,430

        Financial Aid

        At the University of South Florida, the vast majority of students (88%) use financial aid to help cover the tuition and other costs. This may be student loans, scholarships, or grants, or a combination of these.

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

        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, or financial need.

        •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

        •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

        Recommended: The Differences Between Grants, Scholarships, and Loans

        Private Student Loans

        Roughly a quarter of students tap student loans to help pay the University of South Florida tuition and other costs: 24% take out federal loans and 3% get private student loans (with an average amount of $14,401).

        Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

        If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

        The University of South Florida cost of attendance for four years — including tuition and fees, room and board, books, and other expenses — is $106,064 for in-state students (based on 2024-25 numbers). By comparison, the national average at public universities for in-state students is $115,360 for four years.

        For out-of-state residents, the four-year cost for attending USF is $149,720. This is lower than the national average of $186,920 for out-of-state cost of attendance.

        This student loan and scholarship information may be valuable as you research schools and costs.

        Repay student loans your way.

        Find the monthly
        payment & rate that fits your budget.

        Undergraduate Tuition and Fees

        Costs for 2024-25

        University of South Florida undergraduate tuition and fees for the 2024-25 academic years were $6,410 for in-state students, which was the same as the prior academic year. The tuition and fees for out-of-state students were $17,324, also a 0.0% increase from the prior academic year.

        Graduate Tuition and Fees

        Costs for 2024-25

        Expense

        In-State

        Out-of-State

        Tuition

        $8,350

        $19,048

        Fees

        $2,078

        $2,078

        Total Cost of Attendance

        $10,428

        $21,126

        Tuition and fees for graduate students at USF for 2024-25 averaged $10,428 for in-state students and $21,126 for out-of-state students. This is a good deal (particularly for in-state students): The average cost of graduate school tuition and fees in the U.S. is $22,430 per year.

        There are graduate loans available to help with these costs.

        Cost per Credit Hour

        The cost per credit hour is $211.19 for Florida residents; $575.01 for nonresidents. This includes tuition and fees.

        Campus Housing Expenses

        Though freshmen are not required to live on campus, USF offers a wide variety of on-campus living arrangements, including traditional, suite, and apartment-style housing. They also offer Living Learning Communities, where students with similar interests or majors live and learn together.

        Costs for 2024-25

        •   Housing and food expenses (on campus): $14,440

        •   Housing and food expenses (off campus): $12,600

        •   Other living expenses (on/off campus): $4,896

        Total living expenses for 2024-25 came to an estimated $19,336 for students who lived on campus and $17,496 for those who lived off campus.

        University of South Florida Acceptance Rate

        Fall 2023

        Number of Applications

        Number Accepted

        Percentage Accepted

        65,187

        26,727

        41%

        The University of South Florida acceptance rate is 41%, which makes the school moderately selective.

        Admission Requirements

        To apply to USF as an incoming freshmen, you’ll need to:

        •   Complete the USF online application or the Common App.

        •   Pay the nonrefundable, $30 application fee (or submit an ACT, CLT or SAT application fee waiver).

        •   Submit your Student Self-Reported Academic Record (SSAR).

        •   Submit Your SAT, ACT or CLT Scores.

        Here are key dates and deadlines to know:

        •   November 8: Priority application deadline

        •   November 15: Priority supporting documents deadline (priority decisions are released on December 10)

        •   December 16: Rolling decisions begin

        •   January 15: Application deadline for scholarships

        •   March 1: Final application deadline

        •   March 15: Final supporting documents deadline

        •   May 1: Deposit deadline

        SAT and ACT Scores

        Though submitting test scores is optional at USF, it can be helpful to know the average scores of other students who chose to submit their scores.

        Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

        Subject

        25th
        Percentile

        75th
        Percentile

        SAT Evidence-Based
        Reading/Writing

        580

        670

        SAT Math

        560

        660

        ACT Composite

        24

        29

        ACT English

        23

        29

        ACT Math

        21

        27

        Graduation Rate

        More than half of USF students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

        •   4 years: 63%

        •   6 years: 75%

        Post-Graduation Median Earnings

        The average annual salary for University of South Florida graduates is $77,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

        Bottom Line

        With a wide variety of degree programs, solid rankings, and a cost that’s below the national average, both in-state and out-of-state students can find that the University of South Florida offers good value. Those who need help covering the USF tuition and other costs may qualify for financial assistance in the form of grants, scholarships, and federal student loans.

        If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


        Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

        View your rate

        SoFi Private Student Loans
        Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
        Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
        SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


        SoFi Loan Products
        SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


        Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

        External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


        SOISL-Q225-084

        Read more

        University of Missouri Tuition and Fees


        University of Missouri Tuition and Fees

        University of Missouri Tuition and Fees

        On this page:

          By Susan Guillory

          (Last Updated – 06/2025)

          The University of Missouri in Columbia, Missouri — also known as Mizzou — is the largest university in the four-campus University of Missouri system. It offers more than 300 degree programs across 13 major academic divisions, with acclaimed programs in business, health care, and journalism.

          Total Cost of Attendance

          For the 2024-25 school year, in-state undergraduate Mizzou tuition and fees were $14,837. Out-of-state undergraduate tuition costs $36,056. However, students can expect to pay additional expenses, which are shown in the table below.

          Costs for 2024-25


          Expense

          In-State

          Out-of-State

          Tuition & Fees

          $14,837

          $36,056

          Books & Supplies

          $950

          $950

          Room & Board

          $13,700

          $13,700

          Other Expenses

          $3,558

          $3,558

          Total Cost of Attendance

          $33,045

          $54,264

          Financial Aid

          Based on student loan and scholarship information from the National Center for Education Statistics, 78% of students who attend the University of Missouri receive some kind of financial aid. Students received an average award of $11,824 in federal and institutional grants and scholarships. Students who demonstrated exceptional financial need received federal Pell Grants, with an average award of $5,114.

          Explore financial aid options: Missouri Student Loans & Scholarships.

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

          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 nonprofit 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:

          •  U.S. 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

          Aside from gift-based financial aid, some enrolled students take out loans to cover the University of Missouri’s tuition and expenses. This includes private student loans. At Mizzou, 12% of students on average take out private loans, typically totalling $34,939 at graduation.

          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, since it generally has 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 tuition 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

          The cost of attending any college varies year over year. Based on the University of Missouri tuition for 2024-25, the projected total cost of a four-year degree at Mizzou is $132,180 for in-state students. Out-of-state students can expect to pay quite a bit more: $217,056 for a four-year degree.

          For comparison, the average cost of a four-year degree for in-state students at a public institution is $115,360 and $186,920 for out-of-state students, according to College Data. As you see, a Mizzou education can be more expensive than the national average, especially for out of state students.

          This student loan and scholarship information may be valuable as you research schools and costs.

          Repay student loans your way.

          Find the monthly
          payment & rate that fits your budget.

          Undergraduate Tuition and Fees

          Costs for 2024-25

          Expense

          In-State

          Out-of-State

          Tuition & Fees

          $14,837

          $36,056

          Books

          $950

          $950

          Total

          $15,832

          $37,051

          The cost of tuition, fees, and books for in-state students is $15,832 for the 2024-25 academic year. For out-of-state residents, the total cost is $37,051 per year.

          Graduate Tuition and Fees

          Costs for 2024-25

          Expense

          In-State

          Out-of-State

          Tuition

          $12,600

          $31,500

          Fees

          $1,081

          $1,081

          Total

          $13,681

          $32,581

          The cost of tuition and fees for Missouri residents attending a Mizzou graduate program in 2024-25 was $13,681 per year. Out-of-state Mizzou graduate students paid $32,581. The average cost of one year of tuition for a master’s degree program for the same time period was $10,320 for a public university and $15,100 for a private nonprofit. Many students at Mizzou can opt for graduate loans to help cover these costs.

          Cost per Credit Hour

          The cost for one credit hour for an undergraduate course for in-state students at Mizzou varies with the program a student is taking, but is typically around $440. The University’s fees are significantly higher for out-of-state students, typically more than twice as much.

          Certificates

          The MU Extension is the hub for Mizzou’s continuing education programming, which includes a variety of custom training classes, courses, and certifications in a wide range of industries and topics, from coding to supply chain management to veterinary continuing education and more. Prices vary depending on the topic, length of session, etc. For example, a 16-week online, graduate-level class in supply-chain management is $8,190, while other courses, such as language lessons, may be several hundred dollars.

          Campus Housing Expenses

          Costs for 2024-25

          Expense

          On-Campus

          Off-Campus

          Room & Board

          $13,700

          $895/month*

          Other Expenses

          $3,558

          $3,558

          *Based on studio pricing. Average rate based on available apartments on University of Missouri’s off-campus housing website in 2025.

          First-time students at the University of Missouri are required to live on campus and are assigned to a housing unit based on their Freshman Interest Groups (FIG) and learning community. There are dozens of different housing options for Mizzou students, including double and single community-style dormitories, suites, and apartment-style dwellings. After their first year, undergraduate students can choose to live off-campus.

          Explore off-campus living options at Mizzou Off-Campus Housing .

          Mizzou Acceptance Rate

          Fall 2024

          Number of applications

          21,669

          Number accepted

          16,685

          Percentage Accepted

          77%

          Admission Requirements

          Applications open to students on Aug. 1 for the next fall session (so you can start applying on Aug. 1, 2025 to attend Mizzou in the fall of 2026), and the school advises students to apply by Nov. 15 for the best chance at receiving scholarships. Here are the requirements to apply.

          Required:

          •  High school transcript

          •  Completion of college-preparatory program

          •  Test of English as a Foreign language, if needed

          Not required, but considered:

          •  High school GPA

          •  Secondary school rank

          SAT and ACT Scores

          SAT and ACT scores are not required for admission to the University of Missouri. However, scores are considered for admission, if they’re submitted.

          Though there are no required test scores for admissions, here are the scores by subject at the 25th and 75th percentile:

          Subject

          25th Percentile

          75th Percentile

          SAT Evidence-Based
          Reading/Writing

          580

          670

          SAT Math

          570

          660

          ACT Composite

          23

          29

          ACT English

          22

          30

          ACT Math

          21

          28

          Graduation Rate

          Students who started at Mizzou in Fall 2017 had an overall graduation rate of 76%:

          •  4 years: 56%

          •  6 years: 76%

          Post-Graduation Median Earnings

          The average annual earnings of University of Missouri graduates is $63,000, according to the U.S. Department of Education College Scorecard. This prospective salary is somewhat under the national average of $68,516.

          Bottom Line

          Mizzou is a popular public university. Tuition, fees, and room and board total $33,045 per year for in-state students and $54,264 for non-Missouri residents. The University of Missouri may be a good choice for prospective students who want an immersive college experience at a big state university that offers a wide range of majors. There are options to help finance the cost of a University of Missouri education, including grants, scholarships, and federal and private student loans.

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

          View your rate

          SoFi Private Student Loans
          Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
          Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
          SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


          SoFi Loan Products
          SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


          Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

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