MVNU's tuition & fees has increased from $16,095 (2014) to $35,524 (2024), and the rate of tuition increase is 120.71% over the past 10 years. The graduate school tuition & fees has raised from $8,964 (year 2014) to $10,674 (year 2024).
The 2024 tuition & fees have significantly risen this year (more than 10%) at Mount Vernon Nazarene University.
MVNU's tuition increase rate is higher than the Ohio's average increase rate of 11.27%. 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 83.51% from 2014 ($28,021).
For the current academic year 2023-2024, MVNU's COA is $51,420, which is increased by 30.46% from last year.
The following table and chart show changes to MVNU's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 120.71% for the last 10 years , and the 2024 tuition & fees are $35,524. The following table and chart show the tuition & fees changes at Mount Vernon Nazarene 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 | $1,500 | 7.14% |
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| 2021-22 | $1,500 | |
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| 2022-23 | $1,600 | 6.67% |
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| 2023-24 | $1,400 | -12.50% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 23.27% when a student lives on-campus facilities and 67.56% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Mount Vernon Nazarene University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,526 | $6,192 | - |
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| 2015-16 | $10,526 | $7,866 | |
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| 2016-17 | $10,816 | $8,650 | 2.76% |
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| 2017-18 | $11,654 | $8,650 | 7.75% |
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| 2018-19 | $11,970 | $8,650 | 2.71% |
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| 2019-20 | $12,448 | $9,100 | 3.99% |
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| 2020-21 | $12,790 | $9,100 | 2.75% |
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| 2021-22 | $13,146 | $9,100 | 2.78% |
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| 2022-23 | $13,612 | $9,400 | 3.54% |
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| 2023-24 | $14,496 | $13,700 | 6.49% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Mount Vernon Nazarene University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Mount Vernon Nazarene University | $25,559 | $24,203 | 5.60% |
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|
| Case Western Reserve University | $64,678 | $61,584 | 5.02% |
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|
| University of Dayton | $47,600 | $46,170 | 3.10% |
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|
| Franklin University | $9,577 | $9,577 | - |
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| Xavier University | $48,126 | $45,000 | 6.95% |
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| Cedarville University | $36,078 | $34,698 | 3.98% |
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