Cost of Attendance
Shaw 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 moderate. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $16,480, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing costs $8,514, books and supplies cost $1,300, while the other expenses add up to $3,915.
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. For students attending the university, the total tuition and fees for one year add up to about $16,480. Apart from that, they should also pay an average amount of $1,300 toward books and supplies, $8,307 for room and boarding charges, and $3,915 toward other expenses in a year. So, the overall cost of attending SU comes out to be about $30,002 per year, according to the most recent information available.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net price of attending Shaw 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. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $18,846 at SU. For students with a family income below $30,000, the estimated net price is $18,288, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $19,085. On the other hand, an estimated net cost of $20,315 is charged for the $48,001-$75,000 income bracket, $24,967 for the $75,001-$110,000 income category, and $25,296 for an annual family income 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 Shaw University
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $65,316
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.
For students pursuing undergraduate courses at Shaw University, the tuition and fees are estimated to be $16,480 per year. They would also be required to pay around $8,307 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the university totals about $30,002 per year, based on the available data.
Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at SU, the amount totals around $13,188. Of this amount, $10,404 accounts for the graduate tuition and the remaining $2,784 for the graduation fees.
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 Shaw University varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $219 and the undergraduate cost per credit hour at $126.
Now, coming to the lodging and related expenses at SU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $11,954 per year, while students have to pay $12,490 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $8,514 per year, while the amount charged for off-campus candidates stands at $8,100. On the other hand, the charges toward books and supplies come to around $1,300. Aside from these, the other expenses that students should plan for add up to $3,440 for on-campus candidates and $4,390 for students who are 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 Shaw University is around $150,010 as per official data. For undergraduate students, the total expenses added up to $18,846 in 2018-2019, $18,773 in 2017-2018, and $18,422 in 2016-2017.
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