FourYearCost

Faulkner University

Montgomery, ALPrivate nonprofitRank 112 of 1,732

Heads-up: 32% of undergraduates here are part-time and 40% study fully online (IPEDS fall 2023). Large part-time, online or adult populations can make the later-years average look lower for reasons unrelated to freshman aid, so this college is left out of the default traditional ranking.

Avg freshman grant · 2022-23
$17,326
203 recipients
Avg grant, later years · 2022-23
$11,423
1,128 recipients
The drop
$5,904
34.1% of the freshman average

Freshman grant vs later years

Freshman year$17,326Later years$11,423

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$21,012
$30–48k$16,987
$48–75k$27,967
$75–110k$31,335
$110k+$31,706

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$23,920
Tuition and fees (in-state), 2023-24$23,920
Change$0 (+0.0%)
On-campus room and board, 2023-24$8,020

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$21,6902018-19$22,3102019-20$22,9902020-21$23,4902021-22$23,9202022-23$23,9202023-24

Published tuition and required fees, +10.3% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$19,4392020-21$20,0502021-22$19,9082022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years37%
Full-time freshman retention (return for year 2)70%
Freshmen receiving Pell Grants50%
Freshmen taking federal loans64%
Average federal loan (freshmen who borrow)$8,874
Aid drop one year earlier (2021-22)$5,474

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all AL colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Huntingdon College$17,303$6
Spring Hill College$17,175$1,633
Oakwood University$15,780$1,621
University of Mobile$18,958−$37
Birmingham-Southern College$14,223−$194

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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