Earning your college degree is an investment in your future, but tuition costs can be a concern. At Devry University in 2023, full-time undergraduate tuition is $17,072 per academic year. With available financial aid and scholarships though, the average net price students actually pay is much lower.
This guide covers Devry University’s published tuition rates, fees, scholarship options, financial aid programs, and costs beyond tuition. Read on for resources to help fund your Devry education. We’ll also discuss strategies to pay for college and manage costs.
Key Takeaways
- Devry’s published undergraduate tuition is $598 per credit hour, but most students receive scholarships and grants to significantly lower costs.
- The most recent average net price paid after aid was $16,704 annually.
- Financial assistance can come through Devry scholarships, federal loans and grants, military benefits, private aid sources and more if qualified.
- Budget for total costs beyond tuition like housing, supplies, transportation when planning for college.
- Apply cost-saving tips like minimizing living expenses, buying used books, working part-time and more.
Devry University’s Published Tuition Rates
Here are the published rates for 2023 undergraduate and graduate tuition and fees at Devry University, not factoring in any potential scholarships or aid:
- Undergraduate Tuition: $598 per credit hour
- Undergraduate Fees: $200 per course
- Graduate Tuition: $745 per credit hour
- Graduate Fees: $200 per course
So for example, a full course load per semester of 12 credit hours would cost $7,176 for undergraduate tuition plus fees.
To complete a typical 120 credit hour bachelor’s degree taking 15 credit hours per semester, estimated total tuition would be around $71,760 over 8 semesters. That sounds overwhelming, but very few Devry students pay the full published rates.
Average Net Price for Devry University Students
The average net price is the actual cost students end up paying for college after scholarships and grants are deducted.
For Devry University’s most recent reporting year, the average net price for first-time undergraduate students receiving financial aid was $16,704 total per academic year. This factors in aid sources like federal and private scholarships, grants, work-study, student loans, and third-party assistance.
So while published tuition rates may seem high, the majority of Devry students receive financial assistance to reduce out-of-pocket costs. Continue reading to learn more about available aid options.
Types of Financial Aid Available
Paying for college is a major concern for most prospective university students. At Devry University, your enrollment advisor can help explain available financial aid and create a personalized plan for covering costs.
Common aid options for qualified Devry students include:
Scholarships & Grants
Devry offers various renewable academic scholarships for qualifying students based on GPA, test scores, and program of study. External grants are also available through private and federal sources. These funds do not need to be repaid.
Student Loans
Government-backed federal student loans generally have low fixed interest rates and flexible repayment options. Private student loans through outside lenders are also an option.
Military & Employer Assistance
Those serving our country or working professionals may have education benefits available to help fund college tuition.
Income Share Agreements
Devry also offers income share agreements, allowing students to pay a fixed percentage of future earnings for a set period after graduating in lieu of upfront tuition and fees.
Tips for Paying for Devry University Tuition
Beyond financial aid, here are some tips for managing costs at Devry:
Apply for Aid Annually – Renew your FAFSA application each year since aid awards can change. Maintain the required GPA for scholarships.
Minimize Living Expenses – Live at home if possible to save on housing/food costs. Devry also offers online degree options to reduce commuting costs. Consider used textbooks and supplies too.
Apply for Private Scholarships – Seek smaller external scholarship sources via community groups, professional associations, diversity awards, essay contests and more. They can add up!
Pay Interest While Enrolled – For any unsubsidized federal or private loans, try making in-school interest payments to save money over the loan term.
Work Part-Time – Balance studies with a part-time job and allocate earnings toward tuition payments to minimize borrowed amounts.
DeVry University Tuition and Fees 2023
| Degree Level | Tuition Rate per Credit Hour |
|---|---|
| Undergraduate (Non-TechPath) | $609 |
| Undergraduate (TechPath) | $497 |
| Graduate | $768 |
Estimating the Total Cost of Attendance
When budgeting for college, consider the full “cost of attendance” including tuition, fees, books, supplies, housing, food, transportation and personal expenses.
For Devry University undergraduate students living independently off-campus in Year 2023, here is an estimated cost of attendance for one academic year:
- Tuition & Fees: $17,072
- Housing & Meals: $12,168
- Supplies & Transportation: $5,609
- Other Expenses: $5,295
- Total Cost of Attendance: $40,144
This provides an idea of the full budget. Your individual costs may vary depending on location, program length, enrollment status and lifestyle. The total investment pays off over a lifetime though, as degree holders earn substantially more according to U.S. Census Bureau data.
FAQs
What is the net price of attending DeVry University?
The net price of attending DeVry University varies depending on individual circumstances, including financial aid eligibility and the specific degree program. However, the average net price for DeVry University students is $28,883 for the 2023-2024 academic year.
Are there payment plans available for DeVry University tuition?
Yes, DeVry University offers a variety of payment plans to help students manage their tuition costs. Students can choose from monthly, quarterly, or semester payment plans.
What is the application fee for DeVry University?
The application fee for DeVry University is $50.
Does DeVry University offer tuition reimbursement for employees?
Yes, DeVry University offers tuition reimbursement for employees who pursue eligible degree programs and maintain a satisfactory academic record.
Conclusion
DeVry University’s tuition structure is designed to provide students with access to quality education while considering their financial needs. By understanding the tuition landscape, exploring financial aid options, and implementing cost-saving strategies, students can optimize their educational investment and make informed decisions about their future.
