Alderson Broaddus University Tuition 2021| The College Monk

$27,700

Tuition

$40,952

Cost of Attendance

$19,742

Net Price

Alderson Broaddus University Tuition and Fees

Alderson Broaddus University is known for offering a wide range of undergraduate and postgraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at ABU is quite moderate. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $29,220, which includes the total tuition fees and other expenses. While housing costs $9,400, the charges for books and supplies and other expenses stand at $1,200 and $3,201, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$27,910	$27,910
Book & Supplies	$1,200	$1,200
Room & Board cost	$8,960	$8,960
Other Expenses	$2,882	$2,882
Total Cost of Attendance	$40,952	$40,952

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $29,220. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $10,647 for room and boarding charges, and $3,201 toward other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $44,268 per year.

Average Net Price by Family Income

Net Price

$19,742

Family Income

Avg. Net Price

$0 to $30,000

$16,802

$30,001 to $48,000

$16,353

$48,001 to $75,000

$18,995

$75,001 to $110,000

$22,583

$110,000+

$27,415

The net price of attending Alderson Broaddus University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $20,087 at ABU. The net price for students with an annual family income below $30,000 is reported to be around $16,494. For the individuals who come under the $30,001-$48,000 income category, the net cost is $17,780. Meanwhile, the net price stands at $20,911 for the $48,001-$75,000 income bracket and at $25,141 for an income between $75,001 and $110,000. This amount adds up to $24,898 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$54,940

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$570

Total interest paid

$13,479

Sum of Loan Payments

$68,419

To have a realistic understanding of how much it will cost to study at Alderson Broaddus University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $54,940 for example. This will result in a $6,842 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $68,419 which is $13,479 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$27,910	$27,910
Room & Board Cost	$8,960	$8,960
Total Tuition & Fees	$36,870	$36,870

At Alderson Broaddus University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $29,220 in a year. They would also be required to pay around $10,647 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at ABU adds up to $44,268.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$27,700	$27,700
Fees	$210	$210

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at ABU, the amount stands at $29,220 per year. This includes $29,000 for the graduate tuition as well as an amount of $220 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$924
Undergraduate	2018 - 2019	$924

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend ABU. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $487 and for undergraduate courses, it stands at $224.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$8,960	$11,355
Other Expense	$2,882	$3,532
Book & Supplies	$1,200	$1,200

As far as the housing and related charges at ABU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $12,292 per year for on-campus housing and $15,405 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $9,400 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $11,895. On the other hand, the charges toward books and supplies come to around $1,200. The other expenses that students should plan for come to around $2,892 for on-campus candidates and $3,510 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,960

Off Campus

$11,355

Housing & Other Expenses

Other Expenses

On Campus

$2,882

Off Campus

$3,532

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	NA	NA
Bachelors	$35,400	$295

Alderson Broaddus University offers 2 online programs across 2 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at ABU are projected to cost around $223,598 as per official data. For undergraduate students, the total expenses added up to $20,087 in 2018-2019, $19,742 in 2017-2018, and $17,794 in 2016-2017.