Mount Vernon Nazarene University
Mount Vernon, OH, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$21,112
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Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$19,472
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$19,472
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$8,170
Books and Supplies
$1,400
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: finaid@mvnu.edu

Aid & Grants

0
100
72%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
35%
Average Aid Per Year
$17,541
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
35%
Average Federal Grant Aid Per Year
$3,985
Average Institution Grant Aid Per Year
$16,818
Students receiving state aid
25%
Average State Grant Aid Per Year
$2,610
Students receiving federal aid
42%
Average Federal Grant Aid Per Year
$3,985
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$16,234
$30k - $48k
$19,391
$48k - $75k
$16,880
$75k - $110k
$17,686
$110k+
$16,287
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$748,400
Total Non-Need-Based Scholarships/Grants
$3,723,081

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
77%
Average Loan Amount Per Year
$7,151
Students receiving federal loans
77%
Average Federal Loans Per Year
$5,954
Average Other Loans Per Year
$9,608
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$17,559
Loan Default Rate
5%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$275

What Students Are Saying

3.97 Average Rating
With all the benefits that I will gain from being at Mount Vernon, such as the small class sizes, Christian environment, and faculty that truly cares about the students, I think that it's truly worth the price of admission. Additionally, the financial aid office works hard to make sure you get the money you need.
Bethany from New Carlisle, OH
When you pay tuition you expect to go to class and gain at degree. When you apply and go to Mount Vernon Nazarene University you are doing so much more than gaining a degree. At Mount Vernon you are gaining a wonderful life experience and you are making friends that become like family. Getting a degree may be an ultimate goal but it's important to enjoy the trip and at Mount Vernon you will.
Tiffany from Vermilion, OH
Although I had the opportunity to have a full ride to a state school, I still chose to attend MVNU, and there has not been one second that I have regretted that decision. The growth I've made both spiritually and academically, as well as the friends that I've met and the experiences I've had there, make MVNU worth every last penny to me.
Sara from Lancaster, OH
I believe that students at MVNU receive beyond how much they pay to attend. Students are obtaining a high quality education, and still enjoy attending Mount Vernon. Although, the cost is not cheap, I believe students are completely satisfied in the end.
Brandi