Ohio Valley University Tuition 2021| The College Monk

$21,750

Tuition

$32,880

Cost of Attendance

$15,896

Net Price

Ohio Valley University Tuition and Fees

Ohio Valley 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 OVU 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 $21,900, which includes the total tuition fees and other expenses. While housing costs $7,980, 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	$21,900	$21,900
Book & Supplies	$1,000	$1,000
Room & Board cost	$7,980	$7,980
Other Expenses	$2,000	$2,000
Total Cost of Attendance	$32,880	$32,880

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 $21,900. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $7,980 for room and boarding charges, and $2,000 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at OVU is around $32,880, as per the available information.

Average Net Price by Family Income

Net Price

$15,896

Family Income

Avg. Net Price

$0 to $30,000

$16,409

$30,001 to $48,000

$13,936

$48,001 to $75,000

$17,389

$75,001 to $110,000

$19,113

$110,000+

$18,229

The net price of attending Ohio Valley 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. So, it all essentially depends on the family income bracket of the student. At OVU, the average net price is estimated to be around $18,961. The net price for students with an annual family income below $30,000 is reported to be around $15,386. For the individuals who come under the $30,001-$48,000 income category, the net cost is $15,140. On the other hand, an estimated net cost of $18,072 is charged for the $48,001-$75,000 income bracket, $21,080 for the $75,001-$110,000 income category, and $21,347 for an annual family income more than $110,000.

Student Loans

Example Loans

$60,236

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$625

Total interest paid

$14,778

Sum of Loan Payments

$75,014

To have a realistic understanding of how much it will cost to study at Ohio Valley University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $60,236 for example. This will result in a $7,501 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 $75,014 which is $14,778 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	$21,900	$21,900
Room & Board Cost	$7,980	$7,980
Total Tuition & Fees	$29,880	$29,880

For students pursuing undergraduate courses at Ohio Valley University, the tuition and fees are estimated to be $21,900 per year. Moreover, the applicants must also pay an amount of $7,980 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $32,880 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$7,200	$7,200
Fees	N/A	N/A

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at OVU, the amount stands at $7,200 per year. Notably, no graduation fee is collected from the students at Ohio Valley University.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$400
Undergraduate	2018 - 2019	$600

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 Ohio Valley University varies between graduate and undergraduate degrees. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $120 and for undergraduate courses, it stands at $168.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,980	$7,980
Other Expense	$2,000	$2,000
Book & Supplies	$1,000	$1,000

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at OVU. To note, students have to pay $9,980 per year toward these facilities. On the other hand, the room and board charges that the students have to pay total around $7,980 per year. On the other hand, the charges toward books and supplies come to around $1,000. Furthermore, the other expenses that the students should plan for come to around $2,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,980

Off Campus

$7,980

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

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	$14,400	$400

Ohio Valley University offers 1 online programs across 1 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Ohio Valley University is around $165,176 as per official data. Notably, the total expenses for undergraduate students amounted to $18,961 in 2018-2019, $15,896 in 2017-2018, and $17,613 in 2016-2017.