OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Chowan University Tuition and Fees

Located in Murfreesboro, NC, Chowan University is a private, Southern Baptist university. In 1848, Chowan University was founded. Keeping the pursuit of research, innovation, and excellence at the center, Chowan University has been imparting quality education to its students. The motto of the varsity is Lux et Veritas and its official colors are chowan blue and white. Across all the courses offered at Chowan University, the enrolment stands at 1,259. The school has a total of 78 academic staf

$24,980

Tuition

$37,070

Cost of Attendance

$17,298

Net Price

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Chowan University Tuition and Fees

Chowan 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 CU is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $25,480, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $9,500, the charges for books and supplies and other expenses stand at $1,000 and $1,690, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$24,980	$24,980
Book & Supplies	$1,000	$1,000
Room & Board cost	$9,400	$9,400
Other Expenses	$1,690	$1,690
Total Cost of Attendance	$37,070	$37,070

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. 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 Chowan University come out to be around $25,480 per year. Apart from that, they should also pay an average amount of $1,000 toward books and supplies, $9,500 for room and boarding charges, and $1,690 toward other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $37,670 per year.

Average Net Price by Family Income

Net Price

$17,298

Family Income

Avg. Net Price

$0 to $30,000

$16,196

$30,001 to $48,000

$15,728

$48,001 to $75,000

$18,333

$75,001 to $110,000

$24,005

$110,000+

$25,733

The net cost of attending Chowan University – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At CU, the average net price is estimated to be around $17,599. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $15,853. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $15,977. On the other hand, an estimated net cost of $18,852 is charged for the $48,001-$75,000 income bracket, $24,589 for the $75,001-$110,000 income category, and $24,747 for an annual family income more than $110,000.

Student Loans

Example Loans

$63,620

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$660

Total interest paid

$15,608

Sum of Loan Payments

$79,228

To have a realistic understanding of how much it will cost to study at Chowan University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $63,620 for example. This will result in a $7,923 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 $79,228 which is $15,608 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	$24,980	$24,980
Room & Board Cost	$9,400	$9,400
Total Tuition & Fees	$34,380	$34,380

For students pursuing undergraduate courses at Chowan University, the tuition and fees are estimated to be $25,480 per year. They would also be required to pay around $9,500 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at CU adds up to $37,670.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$400
Undergraduate	2018 - 2019	$400

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 Chowan University varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $196. Also, Chowan University currently offers a number of online courses to students across 26 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,400	$9,400
Other Expense	$1,690	$1,690
Book & Supplies	$1,000	$1,000

Moving on to the housing and related expenses at Chowan University, these charges are the same irrespective of whether the candidate decides to stay on-campus or off-campus. The students will be required to pay $11,190 per year for the same. On the other hand, the room and board charges that the students have to pay total around $9,500 per year. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Furthermore, the other expenses that the students should plan for come to around $1,690.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,400

Off Campus

$9,400

Housing & Other Expenses

Other Expenses

On Campus

$1,690

Off Campus

$1,690

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 Chowan University is around $189,163 as per official data. In contrast, the total expenses for undergraduate students amounted to $17,599 in 2018-2019, $17,298 in 2017-2018, and $17,424 in 2016-2017.

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