Average Annual Tuition at MidAmerica Nazarene University
The latest data we have for MidAmerica Nazarene University's annual average net costs are from 2018. These costs and and the average Kansas schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
|In-state Tuition||Out-of-state Tuition||Median Debt||Avgerate Net Cost|
|MidAmerica Nazarene University||$29,736||$29,736||$15,625||$20,496|
As you can see, annual costs at MidAmerica Nazarene University have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Kansas as well. Kansas's' higher education costs rose by 31.5% in just the last 10 years, ranking as the 30th highest state.
MidAmerica Nazarene University Financial Assistance
64% of students enrolled at MidAmerica Nazarene University receive some form of Federal loan assistance. You can view MidAmerica Nazarene University's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Kansas’ three 529 college savings plans all use American Century Investments as program manager. The direct-sold Learning Quest 529 program is available nationally and features American Century and Vanguard mutual funds. Learning Quest Advisor is sold through financial advisors and utilizes multiple fund families in its age-based and asset-allocation portfolios while also offering a menu of 12 American Century individual-fund options. The Schwab 529 College Savings plan is also a multi-manager 529 plan, but is sold through discount broker Charles Schwab & Co.
|State Plan Name:||Learning Quest 529 Education Savings Program|
|Maximum Contribution:||up to $402,000 per designated beneficiary.|
|Fees:||No annual account maintenance fee. However, there is a program management fee of 0.20% as well as fees for “underlying fund expenses” charged against portfolios for expenses incurred. Age-based index track investments have a different fee structure: an all-inclusive 0.25% fee against assets.|
Kansas School Statistics
We've analyzed all other higher education schools in KS, and wrapped it up nicely into a report for you. View our KS analysis report.
There are 27 other accredited private schools located in the state of Kansas. You can view all KS schools here.