What's the deal with McKendree University's cost?

I came across McKendree University and it seems to have some solid programs. But before I consider it seriously, one thing I need to know is: how much does it really cost to attend? I'm trying to sort out the financial part of college apps, a little stressed here!

McKendree University has a sticker price tuition (full price before any scholarships, grants, or aid) around $51,200 annually (for the 2024-2025 academic year). However, that's just the tuition and doesn't consider other costs associated with attending college. Keep in mind that there will also be additional fees, as well as costs for room and board, books, supplies, and any personal or miscellaneous expenses. The Room and Board charges, which include your housing and meals, are approximately $11,500 per year.

Yet, remember, the number you see is not necessarily the amount that you'd be expected to pay out of pocket. Many students qualify for need-based or merit-based aid, which can significantly lower the cost. McKendree University offers numerous scholarships to eligible students to assist in covering these costs. Therefore, your actual cost could potentially be lower than the sticker price.

One way to get a more personalized estimate of your costs is to use a net price calculator (https://finaid.org/calculators/costprojector/), which you should be able to find on McKendree University’s financial aid webpage. By entering your family's financial situation and your academic record, the tool can give you an estimate of how much financial aid you might be able to get and hence, an idea of what you'd have to pay out of pocket.

In managing your college applications, remember to consider each school's return on investment. It's important to weigh the cost against your intended major, career goals, and the value you'll be getting in return (like opportunities for research, internships, etc.) from attending the school. If you value the programs and opportunities you'd receive at McKendree, it may very well be worth the cost! But also consider applying to a range of schools - both in terms of academic competitiveness and cost - to give yourself a broad selection when decision time comes.