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Report Shows Steady Increases in PA School Tuition

PAEA Report 34 Shows Increased Tuition for PA School the Past Five Years

The PAEA Program Report 34 showed an increase in tuition for private schools from $74,475 in 2013 to $91,630 in 2018. This was an average annual increase of 5.325% over those five years.

The Physician Assistant Education Association (PAEA) is the only national organization representing PA programs. The Program Report 34 was based on data from the 2018 program survey. The report is broken down into four sections; general information, financial information, program personnel, and students. The financial section gives insights into the cost of PA school.

At public universities, tuition is typically different for in-state residents compared to out-of-state students. The median in-state tuition in 2017-18 was $50,289, and for out-of-state students, the amount jumped to $88,667. If you want to save money during PA School, attending an in-state school will offer the greatest savings.

Along with increases in tuition over the past few years, we have also seen increases in student loans for PA school students. Some students can use other sources to finance their education, but the majority rely on student loans.

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If you’re planning on going to PA school it is a good idea to get your finances in place ahead of time. If you will need student loans, work with the financial aid office at your school to get as much funding as possible through federal student loans. Once you are maxed out on federal student loans you might have to look for private student loans to pay for the rest of your education.

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If you want the best rate on your student loans, you should check with a variety of lenders. Credible makes this easy by giving you rates from multiple lenders at one time. You can still check out other lenders, but now you have a baseline rate to compare. Also, check out Leveredge, which uses group negotiation to get lower rates for graduate students.

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