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Non-Resident Students

A Special Message for Non-residents and Their Families

Non-Resident Students

As a state-supported university, Purdue serves both the resident taxpayers of Indiana and students from across the nation and world. Nonresidents, who pay higher tuition than Indiana residents, often need to develop comprehensive financing strategies to cover the cost of a Purdue degree. Nonresident families need to plan to pay nonresident tuition for each year at Purdue. Sometimes families believe that their student can become an Indiana resident and be charged lower tuition, but under Board of Trustees policy, students who move to Indiana to pursue higher education will not be granted Indiana residency. Therefore, each student and family should carefully consider both the financial costs during the undergraduate years and the potential total debt to be paid after graduation. Division of Financial Aid staff members can assist you in weighing your options.

Nearly all of the financial aid packages Purdue offers to nonresident dependent students include parent loan eligibility, which requires the borrower to be creditworthy. Students whose parents have adverse credit may find it difficult to finance a Purdue education. Their families may need to seek direct financial support from extended family or friends, or find someone to cosign with them on a loan. If this is not possible, families should carefully consider whether Purdue is a good financial fit.

 

 


Tips:

  • Talk to Purdue financial aid administrator about any special circumstances.
  • Consider potential student loan debt levels after four years of college.
  • Review realistic projections of anticipated estimated salary with a Purdue degree maintained by the Center for Career Opportunities at www.cco.purdue.edu/about/PostGradData.shtml.
  • Review manageable student loan repayment concepts via the Undergraduate Student Loan Advisor at www.finaid.org/calculators/undergradadvisor.phtml, a helpful tool in determining how much a student should be able to borrow and comfortably repay given an expected annual salary and total loan debt upon graduation.