Tuition & Financial Aid

Investing in your future.

Financial Aid Counselor Matthew Klingstedt ’15 answers common questions about the financial aid process. Watch the full FAQ or select from the financial aid questions below:

A college education is an investment in your future. You commit your time, potential, and resources with the belief that the outcome is worth the cost. Taylor is committed to being a shareholder with you in this investment. Knowledgeable faculty, challenging programs, and a caring community are some of the ways we invest in your future. We are also committed to extending our financial resources to make your Taylor education a reality. 

Financial need is defined as the difference between a family's resources and the total cost of attending college. A family's resources, or Expected Family Contribution (EFC) is determined by the Free Application for Federal Student Aid (FAFSA). The scholarship priority filing deadline for the FAFSA is February 15 each year. The filing deadline for need-based grants from Taylor or the state of Indiana is April 15. When evaluating a family's resources, there are several factors taken into consideration:

  • parental income and assets
  • student income and assets
  • family size
  • number of family members in college

The total cost of attending a college includes tuition, fees, room, board, and allowances for books, supplies, and personal/travel expenses.

Last year our Financial Aid Office administered more than $44 million in financial aid (of which more than $26 million were Taylor resources). We hope that the resources available here will help you determine what aid is available and how we can assist you in achieving a college education at Taylor.


Additional scholarship resources and information can be found online at:


of Taylor students receive financial aid.
*may include grants, scholarships, student loans, and work-study.