Central State University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Ohio Resident Sticker Price

$21,196

In State Costs for Central State University
Fee	Cost
Tuition	$5,176
Other Fees	$2,420
Books and Supplies	$1,200
Room and Board	$10,900
Other Expenses Budget	$1,500

Out of State Resident Sticker Price

$23,196

Out of State Costs for Central State University
Fee	Cost
Tuition	$7,176
Other Fees	$2,420
Books and Supplies	$1,200
Room and Board	$10,900
Other Expenses Budget	$1,500

In-State Tuition

In-state tuition at Central State University for undergraduate students residing in Ohio is $5,176. Room and board charges total $10,900 per year. Students will also need to budget for books and supplies, which typically amount to $1,200 annually. Other administrative or academic fees are $2,420 for the year. Additionally, students should plan an estimated $1,500 for other miscellaneous expenses throughout the year. In sum, residents attending Central State University full time should expect a total annual cost of $21,196.

Out-of-State Tuition

Undergraduate tuition at Central State University is $7,176 for out-of-state students. Additionally, out-of-state students are charged $10,900 for room and board, $1,200 for textbooks and educational resources, plus fees of $2,420. Students are advised to budget $1,500 for other expenses. When these costs are combined, annual out-of-state charges total $23,196. This figure is 9.4% higher than what Ohio residents pay.

Housing Costs

On campus room and board is provided by the school at a cost of $10,900 per academic year. Students electing to live off campus elsewhere in Wilberforce should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,200.

Other Living Expenses

If living on-campus, students should budget for $1,500 in additional living expenses. Off-campus students should budget for $2,400 in other miscellaneous living expenses.

All price data is sourced from the 2022/2023 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Central State University for students receiving grants or scholarship aid was $10,194* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$10,194

Below is the average net price by student family income.

Net Price by Income Central State University
Family Income	Net Price Paid
$0 to $30,000	$12,201
$30,001 to $48,000	$12,173
$48,001 to $75,000	$13,106
$75,001 to $110,000	$19,213
$110,000+	$19,757

The net price provides a more realistic estimate of the true cost of attending Central State University, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

91% of full-time undergrad Central State University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,943 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

80 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $3,954. To apply for a Pell Grant to attend Central State University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

88% of students received Federal Student Loans averaging $5,888 and 10% of undergrads took out private student loans averaging $6,119.

Finanical Aid Central State University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$6,943	91%
Institutional Grants and Scholarships	$3,006	91%
Pell Grants	$3,954	80%
Other Federal Grants	$2,000	10%
State and Local Grants	$885	25%
Federal Student Loans	$5,888	88%
Other Student Loans	$6,119	10%

Financial Aid Mix - $21,196 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $21,196. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

35%

30%

35%

Grants and Scholarships

35% - $6,943

Money granted to you by the U.S. Department of Education, Central State University or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

30% - $5,888

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

35% - $6,865

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Central State University, we've modeled a ten year student loan with an original principal value of $40,776. The loan balance of $40,776 is a four year multiple of the $10,194 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $443 could be required to pay off your student loan. The total of all payments including interest would sum $53,103.21.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 5.5%.


Example Loan	$40,776
Stafford Loan Interest Rate	5.5%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$442.53
Total Interest Paid	$12,327.21
Sum of All Loan Payments	$53,103.21

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Central State University, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $53,103.21 would be needed to afford a $442.53 monthly payment in the example $40,776.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Central State University student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$84,784

Year	Ohio Residents	Non Residents
1	$21,196	$23,196
2	$22,546	$24,673
3	$23,981	$26,244
4	$25,508	$27,915

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Central State University to be $84,784 - assuming graduation in normal time. The estimation assumes a 6.4% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Central State University
	Price Per Credit	3 Credit Class	4 Credit Class
Ohio Residents	$450	$1,350	$1,800
Out of State Residents	$550	$1,650	$2,200

Estimated cost for a class at Central State University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Central State University versus other colleges.

Tuition Payment Plans Available

Central State University Payment Plans
Tuition Payment Plan	Yes
Prepaid Tuition Plan	No
Alternative Tuition Plan	Yes
Guaranteed Tuition Plan	No

Tuition History

Historical in-state and out-of-state tuition and price increases for Central State University.

Year	In-State	Out-of-state	Annual Increase
2021	$4,842	$6,842	12.4%
2020	$4,306	$6,306	0%
2019	$4,306	$6,306	9.7%
2018	$3,926	$5,926	0%
2017	$3,926	$5,776	0%
2016	$3,926	$5,776	0%
2015	$3,926	$11,608	0%
2014	$3,926	$11,608	5%
2013	$3,738	$11,190

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Central State University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Central State University student loan.