Methodist's tuition & fees has increased from $29,080 (2014) to $39,664 (2024), and the rate of tuition increase is 36.40% over the past 10 years. The graduate school tuition & fees has raised from $32,754 (year 2014) to $43,365 (year 2024).
Methodist's tuition increase rate is higher than the North Carolina's average increase rate of 4.51%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 16.78% from 2014 ($49,066).
For the current academic year 2023-2024, Methodist's COA is $57,300, which is increased by 4.15% from last year.
The following table and chart show changes to Methodist's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 36.40% for the last 10 years , and the 2024 tuition & fees are $39,664. The following table and chart show the tuition & fees changes at Methodist University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,400, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,400 | - |
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| 2015-16 | $1,400 | |
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| 2016-17 | $1,400 | |
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| 2017-18 | $1,400 | |
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| 2018-19 | $1,400 | |
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| 2019-20 | $1,400 | |
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| 2020-21 | $1,400 | |
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| 2021-22 | $1,400 | |
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| 2022-23 | $1,400 | |
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| 2023-24 | $1,400 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 20.68% when a student lives on-campus facilities and -5.35% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Methodist University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $18,586 | $16,588 | - |
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| 2015-16 | $19,361 | $17,493 | 4.17% |
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| 2016-17 | $19,803 | $17,077 | 2.28% |
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| 2017-18 | $20,269 | $17,904 | 2.35% |
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| 2018-19 | $20,713 | $17,581 | 2.19% |
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| 2019-20 | $20,986 | $17,938 | 1.32% |
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| 2020-21 | $20,986 | $17,938 | |
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| 2021-22 | $17,578 | $13,050 | -16.24% |
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| 2022-23 | $15,478 | $11,650 | -11.95% |
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| 2023-24 | $16,236 | $14,650 | 4.90% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Methodist University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Methodist University | $39,664 | $38,138 | 4.00% |
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| Duke University | $65,805 | $62,688 | 4.97% |
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|
| Wake Forest University | $64,758 | $62,128 | 4.23% |
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| Elon University | $44,536 | $42,241 | 5.43% |
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| High Point University | $44,208 | $41,916 | 5.47% |
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| Campbell University | $40,410 | $39,230 | 3.01% |
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