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Thursday, November 21, 2024

Cost of college went down for all students at Maharishi University of Management

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Tuition and fees fell 40 percent for 2018-19 at Maharishi University of Management, according to recent data from the U.S. Department of Education.

Iowa students paid $16,530 to attend the four-year private not-for-profit institution this year – $11,000 less than the $27,530 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 17 students received grants or scholarships totaling $391,680 and 13 students took out student loans totaling more than $147,089.

Including all undergraduates (1,589), 222 students used grants or scholarships totaling $3.8 million, and 197 students took out $2 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~79$26,530$27,530$27,530$16,530-37.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Maharishi University of Management in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants1482%$84,600$6,043
State / local grant or scholarship00%$0-
Institutional grants or scholarships17100%$307,080$18,064
Grant or scholarship aid total17100%$391,680$23,040
Federal student loans1376%$147,089$11,315
Other student loans00%$0-
Student loan aid1376%$147,089$11,315
Total student aid17100%--

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