Tuition & Fees

The simple truth is that there is a big difference between the price of a college education and what students or their parents will actually pay out of pocket. In fact, 86% of Central Penn students receive some form of financial assistance.

Costs for 2008 - 2009

Tuition at $350 per credit

15 Credits - $5250
13 Credits - $4550
12 Credits - $4200
10 Credits - $3500
9 Credits - $3150
7 Credits - $2450
6 Credits - $2100
3 Credits - $1050

Student/Technology Fee Per Term - Effective Summer 2008 unless otherwise noted

Student/Technology Fee (5 or more credits) - $225
Student/Technology Fee (4 or less credits*) - $140

*some zero credit classes may have a student fee

Housing and Board Per Term - Effective Summer 2008 unless otherwise noted

Townhouse - single occupancy/double occupancy - $1750/$1450
Apartment - double occupancy - $1250
Board Option 1 - $340
Board Option 2 - $425
Board Option 3 - $515
Cable TV/Internet/Utilities - $240

Example:
Mary is starting school at Central Penn in July 2008 for an Associate's Degree in Accounting and plans to live on campus in an apartment. There are two people in Mary's household. Mary is the only college student. Mary made approximately $2300 in 2007 and her parents earned $37,000 in 2007. After submitting her Free Application for Federal Student Aid, Financial Aid Form, and Federal Stafford Loan (Master Promissory Note), Mary received the following financial aid for three quarters/terms:

Federal PELL Grant - $2,160
PHEAA State Grant - $3,400
FSEOG Grant - $375
Stafford Loan - $3,500
Summer Start Scholarship - $1,500
Total financial aid for three terms $10,935

Using the costs listed above, Mary's final cost is determined as follows:

Tuition (12 credits), housing, board (Opt 1), fee........................ $18,765
Minus financial aid.................................................................. $10,935
Balance Owed for first three quarters/terms........................... $ 7,830

In this case Mary made up the $7230 difference applying for private loans. Mary has also applied for several scholarships at her high school and at Central Penn.

As you can see, with the help of financial aid, a Central Penn education is affordable! Please do not hesitate to contact the Financial Aid Office via Email or by phone at 1-800-759-2727, Kelly Fox at extension 2246 or Michelle Walter at extension 2312 if you have further questions.