$16,500

Tuition

$27,180

Cost of Attendance

$17,774

Net Price

Salem University Tuition and Fees

Salem 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 SU is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Salem University comes to around $16,700, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $8,400, $1,000, and $2,000, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$16,700$16,700
Book & Supplies$1,000$1,000
Room & Board cost$7,480$7,480
Other Expenses$2,000$2,000
Total Cost of Attendance$27,180$27,180

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. 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. For students attending the university, the total tuition and fees for one year add up to about $16,700. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $7,940 for room and boarding charges, and $2,000 toward other expenses on average in a year. So, the overall cost of attending SU comes out to be about $27,640 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$17,774

Family Income

Avg. Net Price

$0 to $30,000

$18,685

$30,001 to $48,000

$19,239

$48,001 to $75,000

$22,281

$75,001 to $110,000

$27,020

$110,000+

$27,128

As for the net cost for attending SU, 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. 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 SU, the average net price is estimated to be around $12,628. For students with a family income below $30,000, the estimated net price is $20,800, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $20,278. Meanwhile, the net price stands at $23,012 for the $48,001-$75,000 income bracket and at $25,871 for an income between $75,001 and $110,000. This amount adds up to $26,325 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$63,340

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$657

Total interest paid

$15,540

Sum of Loan Payments

$78,880

To have a realistic understanding of how much it will cost to study at Salem University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $63,340 for example. This will result in a $7,888 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 $78,880 which is $15,540 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$16,700$16,700
Room & Board Cost$7,480$7,480
Total Tuition & Fees$24,180$24,180

At Salem University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $16,700 in a year. Alongside that, they will likewise need to shell out around $7,940 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $27,640 per year, based on the available data.

Graduate Tuition and Fees

In-stateOut-State
Tuition$16,500$16,500
Fees$200$200

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at SU, the amount totals around $15,800. This includes $15,600 for the graduate tuition as well as an amount of $200 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$583
Undergraduate2018 - 2019N/A

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 Salem University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $263 and the undergraduate cost per credit hour at $128.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,480$7,480
Other Expense$2,000$2,000
Book & Supplies$1,000$1,000

As far as the housing and related charges at SU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $10,400 per year for on-campus housing and $9,480 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $8,400 per year, while the amount charged for off-campus candidates stands at $7,480. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,480

Off Campus

$7,480

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

As far as the housing and related charges at SU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $10,400 per year for on-campus housing and $9,480 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $8,400 per year, while the amount charged for off-campus candidates stands at $7,480. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,000.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $32,300 NA
Bachelors $64,600 NA
Masters $12,750 NA
Certificate $18,000 NA
Certificate $18,000 NA

Salem University offers 48 online programs across 7 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 $138,547. Notably, the total expenses for undergraduate students amounted to $12,628 in 2018-2019, $17,774 in 2017-2018, and $20,340 in 2016-2017.

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