Francis Marion University met 74% of its students’ financial aid need. Students electing to live off campus elsewhere in Florence should budget at least this amount. Majors. 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. Although the national acceptance rate is much higher, fall 2019 rates at these schools ranged between 4% and 7%, per U.S. News data. Then calculate your payoff and loan payments for a Francis Marion University student loan.
Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. The College Monk © 2020 All Rights Reserved. Per credit costs are for reference only as many schools will not allow students to pay by credit hour. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 99% of students at this school who receive financial aid and you are paying an average annual net price of $16,267. If you're considering attending Francis Marion University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
Five of the SEC's 14 schools rank within the top 100 National Universities. Now, coming to the lodging and related expenses at FMU, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. Visit disclaimer for important information on these topics. If you represent a school and believe that data presented on this website is incorrect, please contact us. How much is the monthly student loan payment for Francis Marion University? As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $147,953. See expanded profiles for more than 1,800 schools.
These our estimated costs for a semester at Francis Marion University. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Francis Marion University. All school data is sourced from the U.S. Department of Education IPEDS Surveys for school years 2018-2018 and 2017-2018 and is in the public domain. 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 $304. PO Box 100547, Florence, SC 29502 | (843) 661-1362. So, the overall cost of attending FMU comes out to be about $29,436 per year, according to the most recent information available. When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end.