$30,000

Tuition

$47,777

Cost of Attendance

$24,344

Net Price

Neumann University Tuition and Fees

Neumann University is known for offering a wide range of undergraduate, postgraduate, and doctoral 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 NU is quite moderate. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Neumann University comes to around $32,960, which includes tuition and other expenses as well. While housing costs $13,680, the charges for books and supplies and other expenses stand at $1,600 and $2,650, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$31,400$31,400
Book & Supplies$1,500$1,500
Room & Board cost$12,907$12,907
Other Expenses$1,970$1,970
Total Cost of Attendance$47,777$47,777

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall 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. The total tuition and fees for students attending Neumann University come out to be around $32,960 per year. In addition, the students will be needed to pay an average expense of $1,600 for books and supplies, $14,388 toward room and boarding, and $2,650 for different other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $51,598 per year.

Average Net Price by Family Income

Net Price

$24,344

Family Income

Avg. Net Price

$0 to $30,000

$20,805

$30,001 to $48,000

$21,333

$48,001 to $75,000

$24,196

$75,001 to $110,000

$25,892

$110,000+

$28,043

The net price of attending Neumann 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. 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 NU, the average net price is estimated to be around $24,076. The net price for students with an annual family income below $30,000 is reported to be around $19,878. For the individuals who come under the $30,001-$48,000 income category, the net cost is $21,636. Meanwhile, the net price stands at $22,953 for the $48,001-$75,000 income bracket and at $26,204 for an income between $75,001 and $110,000. This amount adds up to $27,570 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$103,456

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,074

Total interest paid

$25,382

Sum of Loan Payments

$128,838

To have a realistic understanding of how much it will cost to study at Neumann University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $103,456 for example. This will result in a $12,884 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 $128,838 which is $25,382 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$31,400$31,400
Room & Board Cost$12,907$12,907
Total Tuition & Fees$44,307$44,307

For students pursuing undergraduate courses at Neumann University, the tuition and fees are estimated to be $32,960 per year. Alongside that, they will likewise need to shell out around $14,388 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $51,598.

Graduate Tuition and Fees

In-stateOut-State
Tuition$13,140$13,140
FeesN/AN/A

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at NU, the amount totals around $13,860. It is interesting to note that Neumann University does not charge any graduation fees from students.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$730
Undergraduate2018 - 2019$680

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Neumann University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $231 and the undergraduate cost per credit hour at $253. Also, Neumann University currently offers a number of online courses to students across 29 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$12,907$14,026
Other Expense$1,970$2,470
Book & Supplies$1,500$1,500

As far as the housing and related charges at NU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $16,080 per year for on-campus housing and $17,996 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $13,680, while the off-campus candidates would need to pay $15,096. In addition to that, the candidates will have to pay an amount of about $1,600 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $2,400 for on-campus students and $2,900 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$12,907

Off Campus

$14,026

Housing & Other Expenses

Other Expenses

On Campus

$1,970

Off Campus

$2,470

Housing & Other Expenses

Book & Supplies

On Campus

$1,500

Off Campus

$1,500

As far as the housing and related charges at NU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $16,080 per year for on-campus housing and $17,996 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $13,680, while the off-campus candidates would need to pay $15,096. In addition to that, the candidates will have to pay an amount of about $1,600 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $2,400 for on-campus students and $2,900 for off-campus students.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters NA $625
Associate $37,500 $625
Bachelors $75,000 $625

Neumann University offers 5 online programs across 3 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $260,630. To note, the total expenses for undergraduate students stood at $24,076 for 2018-2019, $24,344 for 2017-2018, and $23,256 for 2016-2017.

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