Otterbein University Tuition: 5 Key Things To Know

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Otterbein University is a private university located in Westerville, Ohio, United States. As with any institution of higher learning, understanding the tuition costs is crucial for students and their families when considering Otterbein University as a viable option. Here are five key things to know about Otterbein University's tuition:

Otterbein University's tuition can be quite steep, and it's essential for students to understand the various costs associated with attending the university. From the type of degree program to the student's residency status, there are several factors that influence the overall cost of tuition.

1. Tuition Costs for Undergraduate and Graduate Programs

Otterbein University offers a wide range of undergraduate and graduate degree programs, each with its own unique tuition costs. For the 2022-2023 academic year, the tuition costs for undergraduate programs are around $43,052 per year. Graduate programs, on the other hand, have varying tuition costs depending on the specific program, but most programs fall within the range of $700-$1,200 per credit hour.

Breakdown of Undergraduate Tuition Costs

• Tuition: $43,052
• Fees: $340
• Room and Board: $10,894
• Books and Supplies: $1,200
• Transportation: $1,400
• Personal Expenses: $1,500
• Total: $58,386

Breakdown of Graduate Tuition Costs

• Tuition: $700-$1,200 per credit hour
• Fees: $340
• Books and Supplies: $1,200
• Transportation: $1,400
• Personal Expenses: $1,500
• Total: varies depending on the program

2. Financial Aid and Scholarships

Otterbein University offers various forms of financial aid and scholarships to help students fund their education. These include merit-based scholarships, need-based aid, federal student loans, and work-study programs. The university also participates in the Federal Pell Grant Program, which provides need-based grants to eligible students.

Some of the scholarships offered by Otterbein University include:

• The Otterbein University Scholarship: a merit-based scholarship awarded to incoming freshmen with a minimum GPA of 3.5
• The Presidential Scholarship: a merit-based scholarship awarded to incoming freshmen with a minimum GPA of 3.8
• The Trustee Scholarship: a merit-based scholarship awarded to incoming freshmen with a minimum GPA of 3.2

3. Payment Plans and Options

Otterbein University offers various payment plans and options to help students and their families manage the cost of tuition. These include:

• The Otterbein University Payment Plan: a monthly payment plan that allows students to spread their tuition costs over several months
• The Tuition Payment Plan: a payment plan that allows students to pay their tuition in installments
• The Federal Student Loan Program: a program that provides students with low-interest loans to fund their education

4. Tuition Refund Policy

Otterbein University has a tuition refund policy that outlines the terms and conditions for refunding tuition costs. The policy varies depending on the type of program and the student's enrollment status. Generally, students who withdraw from a program before the start of classes are eligible for a full refund of their tuition costs. Students who withdraw after the start of classes may be eligible for a partial refund, depending on the circumstances.

5. Net Price Calculator

Otterbein University offers a net price calculator that helps students and their families estimate the total cost of attendance. The calculator takes into account various factors, including the student's residency status, degree program, and financial aid eligibility. By using the net price calculator, students can get a better understanding of the actual cost of attending Otterbein University.

In conclusion, Otterbein University's tuition costs can be quite steep, but the university offers various forms of financial aid and scholarships to help students fund their education. By understanding the tuition costs, payment plans, and refund policies, students and their families can make informed decisions about attending Otterbein University.