Cost, Financial Aid, and Scholarships F.A.Q.
How much does it cost to attend Transylvania University?
For the 2010-2011 academic year, tuition, room/board, and fees are approximately $34,800 year. Over 90% of students receive some form of financial assistance, making the actual cost of a Transylvania education much lower.
How do I apply for financial aid?
We encourage every student and his/her family to file the Free Application for Federal Student Aid (FAFSA). The FAFSA is available online at www.fafsa.ed.gov after January 1 of a student’s senior year. Transylvania’s priority filing deadline for the FAFSA is February 1.
What type of financial aid is available?
There are three types of need-based aid: grants, loans, and work study. Grants are monies which do not need to be repaid, loans are generally repaid at a very low interest rate, and work-study is the opportunity to work either on or off-campus to earn federal money to pay for college expenses. A work-study student is paid every month and gains valuable work experience. In addition, need-based scholarships are available to those students who qualify. Over 90% of Transylvania students receive scholarships and/or financial aid. More »
Are scholarships available?
Yes. There is a single application for both admission and scholarships. In order to be considered for all scholarships at Transylvania, including the prestigious William T. Young Scholarships, students must submit their applications by December 1 of their senior year. Our general application and scholarship deadline is February 1. Students may submit their applications as early as September of their senior year. All students who apply for and are offered admission have until May 1 to let the Office of Admissions know their decisions. More »
Does Transylvania University offer a scholarship for Governor’s Scholars?
Yes. In order to qualify for the scholarship, students must complete either the Governor’s Scholars Program or the Governor’s School for the Arts and be admissible to Transy. Students who complete one of the programs will receive a minimum academic scholarship of $7,500 a year for four years. If a student qualifies for a larger scholarship, he/she will receive the larger amount.
When do I find out about scholarship or financial aid awards?
The Office of Admissions will notify candidates who apply Early Action of admission and scholarship decisions by January 15.
The Office of Admissions will notify candidates who apply by February 1 of admission and scholarship decisions by March 15.
Financial aid award notifications from Transylvania University are mailed in mid-March for those who complete the Free Application for Federal Student Aid (FAFSA) by February 1.