Costs and Financial Aid

How much does it cost?

Manchester is affordable excellence

List Price vs Actual Price

We strive to partner with you to provide access to an affordable, excellent education. We invite you to consider the actual cost of an MU education vs. simply the "list price." You should know that, on average, a Manchester student pays only 35.5% of the advertised annual list price. That’s because of our generous financial aid packages. Never dismiss a school based on its base cost. Private schools like Manchester have robust aid programs that can significantly reduce your costs.List vs. actual

List Price

First, let’s look at Manchester’s List Price—the costs we publish each year.

Tuition & Fees

 2018-2019 Tuition, Fees, and Housing Costs
 Tuition:  $31,500
 Residential Facility Fee:  $998
 Residential Programming Fee:  $260
 Room:  $5,250 (Garver/East Halls)
 Board:  $4,330 (Full meal plan)
 Total List Price:  $42,338
Click here to see a detailed listing of potential charges/fees at Manchester.

Explaining the listed charges:
Tuition: Tuition is the cost of your classes for the year. You can take 12-16 credit hours (typically 4-6 classes) per semester for a flat price.
Residential Facility Fee: A fixed, annual fee for all on-campus students. It covers the cost of parking, technology, television, custodial services, maintenance and grounds-care.
Residential Programming Fee: A fixed, annual, student-assessed fee that provides for activities in the residence halls and on campus. Student Government Association and Residence Hall Association distribute the funds to campus organizations.
Room: This is the cost of your residence hall room for the year. You can live in one of six different buildings, each with different costs, amenities and personality.
Board: This is the cost of your meal plan for the year. New students start with the Traditional Meal Plan. It allows you to eat 20 meals a week. After your first year, you can reduce your meal plan

Actual Price

List price can seem scary. Now let’s talk about actual cost (this is the amount you’ll really pay). To calculate your actual cost, consider the following things:

  1. Based on academic ability, you’ll earn a scholarship from Manchester. On average, a student receives $21,813 in scholarships and grants… gift money that never has to be paid back!
    • Remember, we only accept students who've done enough in high school to earn a scholarship, and some scholarships are larger than others.
  2. We’ll evaluate your application for special scholarship eligibility.
    • Have a relative who attended Manchester? Play an instrument or sing? Involved in your church? These attributes, and others, all potentially lead to additional awards from Manchester.
  3. Filing your FAFSA opens the door to federal and state aid.
    • You might be eligible for grant opportunities just by taking this step.
    • You’ll also have access to federal student loans up to $5,500.
 Estimated Actual Cost
 Total List Price:  $42,338
 Average Scholarships & Grants:  $21,813
 Federal Student Loan:  $5,500
 Average Remaining Balance:  $15,025

It’s important to note that these are averages. You might receive less or more, depending on your academic credentials and financial circumstances. 

Families typically use these resources to cover remaining costs:
- Outside grants and scholarships
- Payments (by semester or monthly)
- Additional loans (private and Parent/Direct Plus)

Net Price Calculator

The Net Price Calculator (NPC) might help you get a better sense of your actual costs. The NPC is a federal standard for estimating your college expenses and utilizes data that may be out of date or incomplete. Only the FAFSA process will provide accurate aid information.

Please read. This calculator is intended to provide estimated net price information (defined as estimated cost of attendance — including tuition and required fees, books and supplies, room and board (meals), and other related expenses — minus estimated grant and scholarship aid) to current and prospective students and their families based on what similar students paid in a previous year.

By clicking below, I acknowledge that the estimate provided using this calculator does not represent a final determination, or actual award, of financial assistance, or a final net price; it is an estimate based on cost of attendance and financial aid provided to students in a previous year. Cost of attendance and financial aid availability change year to year. The estimates shall not be binding on the Secretary of Education, the institution of higher education, or the State.

Students must complete the Free Application for Federal Student Aid (FAFSA) in order to be eligible for, and receive, an actual financial aid award that includes Federal grant, loan, or work-study assistance. For more information on applying for Federal student aid, go to
Note: Any information that you provide on this site is confidential. The Net Price Calculator does not store your responses or ask for personal identifying information of any kind.
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