$28,700

Tuition

$46,926

Cost of Attendance

$15,560

Net Price

Salem College Tuition and Fees

Salem College 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 SC is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $30,016, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $12,000, the charges for books and supplies and other expenses stand at $1,280 and $4,650, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$29,166$29,166
Book & Supplies$1,260$1,260
Room & Board cost$11,850$11,850
Other Expenses$4,650$4,650
Total Cost of Attendance$46,926$46,926

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. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $30,016. Apart from that, they should also pay an average amount of $1,280 toward books and supplies, $12,000 for room and boarding charges, and $4,650 toward other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $47,946 per year.

Average Net Price by Family Income

Net Price

$15,560

Family Income

Avg. Net Price

$0 to $30,000

$14,798

$30,001 to $48,000

$14,883

$48,001 to $75,000

$18,140

$75,001 to $110,000

$23,130

$110,000+

$24,551

The net price of attending Salem College 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $18,428 at SC. The net price for students with an annual family income below $30,000 is reported to be around $14,475. For the individuals who come under the $30,001-$48,000 income category, the net cost is $15,434. The amount stands at $18,331 for an annual income between $48,001 and $75,000, $20,995 for the $75,001-$110,000 income bracket, and $28,290 for a family income above $110,000.

Student Loans

Example Loans

$60,972

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$633

Total interest paid

$14,959

Sum of Loan Payments

$75,931

To have a realistic understanding of how much it will cost to study at Salem College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $60,972 for example. This will result in a $7,593 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 $75,931 which is $14,959 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$29,166$29,166
Room & Board Cost$11,850$11,850
Total Tuition & Fees$41,016$41,016

At Salem College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $30,016 in a year. Moreover, the applicants must also pay an amount of $12,000 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at SC adds up to $47,946.

Graduate Tuition and Fees

In-stateOut-State
Tuition$7,920$7,920
Fees$310$310

As for the students looking to enroll in postgraduate programs at SC, the tuition and fees they are charged add up to $8,220 per year. This sum includes their graduate tuition of $7,920 and the graduation fees of $300 as well.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$440
Undergraduate2018 - 2019$405

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend SC. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $137 and for undergraduate courses, it stands at $230. Also, Salem College currently offers a number of online courses to students across 46 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$11,850N/A
Other Expense$4,650N/A
Book & Supplies$1,260$1,260

Moving on to the lodging and related expenses at Salem College, the candidates will have to pay an amount of $16,650 per year, on the off chance that they decide to stay on-campus. The room and boarding charges for the university’s on-campus students come to around $12,000. On the other hand, the charges toward books and supplies come to around $1,280. Meanwhile, the other expenses that one needs to plan for add up to $4,650 for on-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$11,850

Off Campus

N/A

Housing & Other Expenses

Other Expenses

On Campus

$4,650

Off Campus

N/A

Housing & Other Expenses

Book & Supplies

On Campus

$1,260

Off Campus

$1,260

Moving on to the lodging and related expenses at Salem College, the candidates will have to pay an amount of $16,650 per year, on the off chance that they decide to stay on-campus. The room and boarding charges for the university’s on-campus students come to around $12,000. On the other hand, the charges toward books and supplies come to around $1,280. Meanwhile, the other expenses that one needs to plan for add up to $4,650 for on-campus students.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $28,100 NA

Salem College offers 1 online programs across 1 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 college is estimated to be around $241,254. For undergraduate students, the total expenses added up to $18,428 in 2018-2019, $15,560 in 2017-2018, and $18,218 in 2016-2017.

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