Mayville State University ensures that its Cost of Attendance (COA) accounts for essential living expenses, including a provision for three meals a day, seven days a week, throughout each semester. This comprehensive approach to budgeting reflects the university's commitment to supporting students' holistic well-being during their academic journey.
It's crucial to note that the COA, often referred to as the "budget," serves as an estimate of the total expenses students may face while attending university. However, it is not the final cost. The difference between a “budget” and “cost” lies in the fact that a budget outlines projected expenses, encompassing both direct and indirect costs.
- Direct costs typically encompass expenses directly billed by the university, such as tuition, fees, on-campus housing, and meal plans. These costs are straightforward and obligatory.
- Indirect costs are estimates of expenses that students may incur but aren't directly billed by the university. These include items like books and supplies, personal expenses, and transportation.
While indirect costs may vary based on individual choices and circumstances, they're essential for students to consider when planning their finances for their time at Mayville State University.
Cost of Attendance (budget) components include:
- Tuition & Fees
- Housing & Meals
- Books & Supplies
- Transportation
- Miscellaneous & Personal Expenses
The Net Price Calculator is a valuable tool provided by universities like Mayville State University to help prospective students estimate their actual cost of attending college after factoring in financial aid and scholarships. It considers various factors such as family income, academic merit, residency status, and other relevant information to generate an estimate of the net price—the amount students can expect to pay after subtracting grants, scholarships, and other forms of financial aid from the total cost of attendance. By utilizing the Net Price Calculator, students can gain a clearer understanding of the financial commitment associated with attending Mayville State University and make well-informed decisions about their education and financial future.
To view Mayville State costs, please visit our Tuition & Fees page.