Southwestern College Tuition 2021| The College Monk

$1,288

Tuition

N/A

Cost of Attendance

$5,664

Net Price

Southwestern College Tuition and Fees

Southwestern College is a prominent educational institution known for providing a plethora of programs across a range of fields, ensuring high-quality education for students. Notably, the cost of education for the courses offered here is low compared to the tuition charged by many institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $4,406, which includes the total tuition fees and other expenses. The books and supplies cost $1,971, while the other expenses add up to $5,274.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$1,338	$6,602
Book & Supplies	$1,917	$1,917
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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 Southwestern College come out to be around $4,406 per year. Apart from that, they should also pay an average amount of $1,971 toward books and supplies, $15,084 for room and boarding charges, and $5,274 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at SC is around $26,735, as per the available information. Moreover, the tuition fees that the candidates have to pay stand at $1,340 and $7,472 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$5,664

Family Income

Avg. Net Price

$0 to $30,000

$3,193

$30,001 to $48,000

$4,168

$48,001 to $75,000

$6,559

$75,001 to $110,000

$7,887

$110,000+

As for the net cost for attending SC, 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At SC, the average net price is estimated to be $6,329. For students with a family income below $30,000, the estimated net price is $3,909, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $4,865. On the other hand, an estimated net cost of $7,407 is charged for the $48,001-$75,000 income bracket and $8,996 for the $75,001-$110,000 income category.

Student Loans

Example Loans

$11,898

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$123

Total interest paid

$2,919

Sum of Loan Payments

$14,817

To have a realistic understanding of how much it will cost to study at Southwestern College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $11,898 for example. This will result in a $1,482 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 $14,817 which is $2,919 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	$1,338	$6,602
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Southwestern College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $4,406 per year. Moreover, the applicants must also pay an amount of $15,084 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $26,735 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$46

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 Southwestern College varies for graduate and undergraduate courses. At SC, the cost per credit hour for graduate courses is $33. Southwestern College also offers a wide range of online programs across 92 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$13,779
Other Expense	N/A	$4,248
Book & Supplies	$1,917	$1,917

Students of SC who opt to live off-campus will be required to pay $20,358 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. The room and boarding charges for the university’s off-campus students come to around $15,084. In addition to that, the candidates will have to pay an amount of about $1,971 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $5,274 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$13,779

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$4,248

Housing & Other Expenses

Book & Supplies

On Campus

$1,917

Off Campus

$1,917

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 $133,701. In comparison, the total expenses for undergraduate students stood at $6,329 for 2018-2019, $5,664 for 2017-2018, and $5,850 for 2016-2017.