OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Allen University Tuition and Fees

A private, African Methodist Episcopal university, Allen University is situated in Columbia, South Carolina. At Allen University, around 92% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 49% of the students are females and 51% are males. Finally, at AU around 92% are Black or African American, 3% belong to an unknown race or ethnicity, and 2% are white. Some of the notable alumni which the school has produced in its several years of existen

$12,540

Tuition

$23,170

Cost of Attendance

$14,790

Net Price

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Allen University Tuition and Fees

Allen University is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at AU is quite low compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $13,340, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $7,592, the charges for books and supplies and other expenses stand at $1,000 and $2,000, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$12,940	$12,940
Book & Supplies	$1,000	$1,000
Room & Board cost	$7,230	$7,230
Other Expenses	$2,000	$2,000
Total Cost of Attendance	$23,170	$23,170

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Allen University come out to be around $13,340 per year. In addition, the students will be needed to pay an average expense of $1,000 for books and supplies, $6,296 toward room and boarding, and $2,000 for different other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $22,636 per year.

Average Net Price by Family Income

Net Price

$14,790

Family Income

Avg. Net Price

$0 to $30,000

$14,106

$30,001 to $48,000

$15,370

$48,001 to $75,000

$16,697

$75,001 to $110,000

$18,389

$110,000+

$18,031

As for the net cost for attending AU, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $14,303 at AU. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $13,754. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $14,219. On the other hand, an estimated net cost of $15,482 is charged for the $48,001-$75,000 income bracket, $19,413 for the $75,001-$110,000 income category, and $15,836 for an annual family income more than $110,000.

Student Loans

Example Loans

$49,776

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$517

Total interest paid

$12,212

Sum of Loan Payments

$61,988

To have a realistic understanding of how much it will cost to study at Allen University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $49,776 for example. This will result in a $6,199 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 $61,988 which is $12,212 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	$12,940	$12,940
Room & Board Cost	$7,230	$7,230
Total Tuition & Fees	$20,170	$20,170

For students pursuing undergraduate courses at Allen University, the tuition and fees are estimated to be $13,340 per year. Moreover, the applicants must also pay an amount of $6,296 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $22,636.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$8,100	$8,100
Fees	$400	$400

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at AU, the amount totals around $8,900. This sum includes their graduate tuition of $8,100 and the graduation fees of $800 as well.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$500
Undergraduate	2018 - 2019	$450

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Allen University varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $148 and the undergraduate cost per credit hour at $102.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,230	$5,000
Other Expense	$2,000	$2,000
Book & Supplies	$1,000	$1,000

Moving on to the housing and related expenses at Allen University, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $9,592 per year, whereas, the cost for off-campus lodging is $7,000 a year. For on-campus students at the university, the room and board charges total around $7,592 per year, while the amount charged for off-campus candidates stands at $5,000. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $2,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,230

Off Campus

$5,000

Housing & Other Expenses

Other Expenses

On Campus

$2,000

Off Campus

$2,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Allen University is around $113,296 as per official data. For undergraduate students, the total expenses added up to $14,303 in 2018-2019, $14,790 in 2017-2018, and $15,848 in 2016-2017.

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