Cost of Attendance
Drew University is a prominent educational institution known for offering a range of undergraduate, postgraduate, and doctoral programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at DU is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $40,960, which includes the total tuition fees and other expenses. The housing costs $14,672, books and supplies cost $1,200, while the other expenses add up to $3,262.
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 $40,960. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $14,672 for room and boarding charges, and $3,262 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at DU is around $60,094, as per the available information.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
As for the net cost for attending DU, 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. So, it all essentially depends on the family income bracket of the student. At DU, the average net price is estimated to be around $28,103. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $16,160. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $18,230. Meanwhile, the net price stands at $21,218 for the $48,001-$75,000 income bracket and at $28,278 for an income between $75,001 and $110,000. This amount adds up to $34,112 for students whose annual family income is more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Drew University
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $113,444
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Drew University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $40,960 per year. Moreover, the applicants must also pay an amount of $14,672 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $60,094.
Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at DU, the amount stands at $16,823 per year. This sum includes their graduate tuition of $15,823 and the graduation fees of $1,000 as well.
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 Drew University varies between graduate and undergraduate degrees. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $280 and for undergraduate courses, it stands at $315. Drew University also offers a wide range of online programs across 40 different majors for students at present.
As far as the housing and related charges at DU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $16,654 per year for on-campus housing and $19,214 a year for off-campus lodging facilities. Moreover, the candidates will have to pay about $14,672 a year toward room and boarding charges. Coming to the books and supplies charges, the students will be required to pay an amount of $1,200. The other expenses that students should plan for come to around $1,982 for on-campus candidates and $4,542 for the candidates who live off-campus.
Housing & Other Expenses
Room & Boards
Book & Supplies
The current projected cost of attending a four-year graduate course, along with the living expenses, at Drew University is around $297,848 as per official data. To note, the total expenses for undergraduate students stood at $28,103 for 2018-2019, $28,993 for 2017-2018, and $28,876 for 2016-2017.
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