How to Pay for Temple University

Among the nation’s largest providers of professional education and home to nearly 30,000 undergraduates, you’ll be in good company regardless of your path of study at Temple. And with a plethora of need and merit-based scholarships available to students, chances are good that paying for your education at Temple won’t be quite as difficult as the sticker price might suggest.

But these scholarships won’t come without the proper preparation, so read on for more on how much Temple will cost, as well as options for financing your degree.

How much does it cost to attend Temple?

Temple undergraduate tuition varies by program of study, so check for exact rates here. In general, Pennsylvania resident tuition costs somewhere in the range of $15,000 to $20,000 per year, while out of state resident tuition costs closer to $30,000.

Some graduate programs, such as MBA programs at the Fox School of Business, are billed per credit hour. MBA costs differ based on whether you are in the online, part-time, global, or executive MBA program, but are generally between $1,000 and $2,000 per credit hour.

Student at Beasley School of Law in the 2015-2016 school year will pay $23,846 for in-state and $36,560 for out of state tuition. The evening JD program costs less and part-time JD students pay by credit hour.

The Lewis Katz School of Medicine charges significantly more in tuition. Pennsylvania residents pay $47,662, whereas non-residents pay $53,468 – both are charged $871 in fees.

In addition to tuition expenses, don’t forget that you’ll need to pay living expenses for the years you are in school. These will vary based on where you live and your discretionary spending habits, but undergraduates tend to spend around $20,000 per year, while graduate students should budget closer to $30,000.

What kind of financial aid does Temple offer?

Temple undergraduates will be considered for both need and merit-based scholarships. Academic merit scholarships for new incoming students can range from just $500 to full tuition; athletic scholarships may cover not only tuition, but also room, board, and additional costs. A number of other scholarships may be offered to graduates of specific high schools. Continuing students should also research scholarships specific they may be eligible to apply for.

Fox business students will need to research scholarships specific to their program. For example, the online MBA program offers its own set of merit scholarships starting at $2,500, as well as corporate partner and alumni scholarship programs. Full-time global MBA students will be eligible for a different 25-100% tuition merit scholarship.

Beasley law students are automatically considered for merit scholarships including Beasley Scholarships, Law Faculty Scholarships, Conwell Scholarships, and First Year Scholar Awards. Criteria for these awards include demonstrated academic excellence, LSAT scores, and financial need. Entering students may also apply for the Rubin-Presser Social Justice Fellows Program, the Justin Michael Ingerman Scholarship, and American Bar Association Legal Opportunity Scholarship, but must submit separate applications. In addition, dozens of endowed scholarships will be awarded often to one student at a time who meets specific criteria.  

All students accepted to the MD program at Lewis Katz will be considered for a number of both need and merit-based scholarships with no further application. Those students interested in service to the military or in rural areas should research the National Health Service Corp and Health Professions Scholarship Program, both of which provide scholarships to cover most expenses in exchange for service after graduating. For additional costs not covered by any scholarship, students can take out federal and/or private student loans.

What kinds of extras should I expect to pay for at Temple?

Your options for transportation to and around Temple are many, with a university-wide bike share program, PhillyCarShare locations close to campus, and campus shuttles – not to mention more traditional options including public transportation and driving. If you do go the car route, be sure to account for expenses associated with car ownership, including not only parking and gas but also maintenance and car payments.

Philadelphia isn’t known for mild winters, so if you hail from a warmer location, perhaps set aside a budget for a winter wardrobe. Similarly, consider transportation costs for getting home if you plan to return during the holidays, summer, or even more frequently.

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