Why is Tulane so expensive?

I've been looking into Tulane as one of my potential college choices, but I noticed their tuition is pretty steep. What factors contribute to the high cost of attendance? Are there any significant scholarships or financial aid options to help offset the expense?

Tulane's high cost of attendance can be attributed to a variety of factors. Some of these factors include its private university status, the quality of education and resources provided, the prestigious faculty, and the comprehensive services offered to students on campus. Private universities typically have higher tuition rates when compared to public institutions, as they do not receive as much funding from the government. The higher cost of attendance allows them to maintain small class sizes and provide a personalized educational experience, along with top-notch facilities and resources.

However, Tulane is also committed to helping students make their education affordable. They offer a range of scholarships and financial aid options to offset the expense. Merit scholarships are available for students who demonstrate academic excellence, talent in the arts, or exceptional abilities in athletics. These scholarships are awarded based on the strength of your application and do not require a separate application. They can significantly reduce the overall cost of attendance.

In addition to merit scholarships, Tulane also provides need-based financial aid to eligible students. To be considered, you need to submit the Free Application for Federal Student Aid (FAFSA) and the CSS Profile. By assessing your family's financial situation, Tulane can determine the amount of aid you are eligible for in the form of grants, work-study opportunities, and low-interest loans.

Furthermore, Tulane is committed to meeting 100% of the demonstrated financial need of admitted students. This means they will put together a financial aid package that covers the gap between the cost of attendance and your student aid index (SAI), making it more affordable for students with financial need.

To maximize your chances of receiving financial aid and scholarships, it's crucial to submit all required documents on time and maintain a strong academic record. While Tulane's cost of attendance is high, the numerous financial assistance options available can help make it an attainable goal for many students.