2020-21 RESIDENTIAL COST ESTIMATOR

For your convenience, we have developed this interactive worksheet to help you plan your college expenses. Full-time fixed billable charges for tuition and student benefit fees are included. Add residence hall/meal plan and insurance charges, if applicable. Please note that insurance charges are current estimates, exact amounts may vary. Books are not included in billable charges, although you may want to budget $200 -$500 per semester as an estimate. If you are attending one semester only, take 1/2 the fixed charges but include the entire insurance charges, if needed. The difference between the charges and aid is the amount owed to the University. A negative number indicates you may receive a refund. For questions regarding your financial aid awards, contact the Financial Aid Office at 800-755-5200, ext. 4.

This is an estimate only. Actual amounts may vary due to loan fees, course fees, tuition rates, etc.

Click on an item's name for a detailed description.	Annual Cost	Fall Cost	Spring Cost
Tuition Actual costs and awards will vary if enrolled less than full-time Tuition Costs 2020-2021 Semester Year Full Time Tuition (12-17 hours) $14,990 $29,980 Part Time Tuition (per hour up to 11 hours) $1,220 $1,220 Overload Tuition (per hour over 18) $815 $815 Occasional Tuition (one course per semester) $595 $595 Summer School (per hour up to 6 hours) $595 $595 Summer School (per hour over 6 hours) $530 $530 Teacher Certification Students $475 $475 Master of Business Administration Program (per hour) TBD TBD Master of Arts in Education (per hour) TBD TBD Undergraduate Course Audit (per course) $50 $50 Master's Course Audit (per course) $75 $75 Prices are subject to change.	Tuition
Books / Supplies	Books / Supplies
Student Fees Student Fees 2020-2021 Semester Year Facility Fee $150 $300 Student Benefit Fee - Full Time (over 12 hours) $400 $800 Student Benefit Fee - Part Time (1-11 hours, per credit hour) $35 $35 Technology Fee $250 $500	Student Fees
Residence Hall Residence Hall Charges 2020-2021 Semester Year Martin Hall Triple Occupancy $2,450 $4,900 Double Occupancy $2,600 $5,2000 Small Double $2,450 $4,900 Single Occupancy (if available) $4,100 $8,200 Apartment (douple occupancy) $3,400 $6,800 Single Apartment (if available) $4,400 $8,800   Bennett Hall Double/Triple Occupancy $2,600 $5,200 Single Occupancy (if available) $3,900 $7,800 Apartment (double occupancy) $3,400 $6,800 Single Apartment (if available) $4,400 $8,800   Brown Hall Triple/Quad Occupancy $1,950 $3,900 Double Occupancy $2,100 $4,200 Small Double $1,950 $3,900 Single Occupancy (if available) $3,400 $6,800   Off-campus Apartments Blue Mountain Apartments (double occupancy) $3,600 $7,200 Gillette House (double occupancy) $3,600 $7,200 University Apartments (single occupancy) $4,200 $8,200 Suites at Rock Creek $3,250 $6,500 The OU Lofts on Main Street $4,300 $8,600 Prices are subject to change.	Residence Hall
Meal Plan Dining Club Membership Charges 2020-2021 Semester Year All Access ($100 Dining Dollars per Semester) $3,000 $6,000 225-Block ($75 Dining Dollars per Semester) $2,700 $5,400 100-Block ($75 Dining Dollars per Semester) $1,150 $2,300 Prices are subject to change.	Meal Plan
Participation Fee Athletic Participation Fee The Athletic Participation Fee is required for all students participating in a sport, Cheer and/or Dance. This is supplemental to other health insurance.  The cost is $600 per year and is charged in the Fall Semester.	Participation Fee
Health Insurance Health Insurance Health Insurance is required. Students who don't have coverage may purchase health insurance through Ottawa University.  The estimated cost is $2,000 per year and is charged in the Fall Semester.	Health Insurance
Other Costs	Other Costs
Total Estimate of Charges
Refer to your award letter for the following information
Scholarships Scholarships Scholarships are free money that doesn't need to be repaid. They are awarded to students based on their participation in sports and activities, for academic performance, memberships, affiliations etc. Many students also find outside scholarships through church groups, schools, employers or through an unlimited number of offerings found on the internet.	Scholarships
Grants Grants Grants are free money awarded to students by Ottawa University based on a variety of eligibility criteria. For more information about the criteria used to determine eligibility for a particular type of grant, please contact the Financial Aid Office.	Grants
Subsidized Stafford Loan Direct Subsidized Loan A Direct Subsidized Loan is a loan in the students name and backed by the Federal Government. The interest rate will vary depending on when the loan is obtained. Any interest that accrues while the student is enrolled in school at least half-time will be paid by the Federal Government. Repayment begins once the six-month grace period has expired and a variety of repayment options exist for the student to choose from.	Subsidized Stafford Loan
Unsubsidized Stafford Loan Direct Unsubsidized Loan An Direct Unsubsidized Loan is a loan in the students name and backed by the Federal Government. The interest rate is fixed at 6.8%. The student is responsible for paying the interest that accrues. The student has the option of paying the interest while in school (recommended) or having the interest added to the loan amount ("capitalized") and therefore paying interest on interest once repayment begins (not recommended). Repayment begins once the grace period has expired and a variety of repayment options exist for the student to choose from.	Unsubsidized Stafford Loan
Plus / Private Loan	Plus / Private Loan
Total Estimated Financial Aid
Balance Due to Ottawa University
* Actual costs and awards will vary if enrolled less than full-time