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#10 Best Public Universities in Massachusetts

Salem State University Tuition & Cost

Salem, Massachusetts

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How much does it cost to attend?

In State Massachusetts Resident Sticker Price
$28,164
In State Costs for Salem State University
Fee Cost
Tuition$910
Books and Supplies$1,200
Other Fees$10,218
Room and Board $14,052
Other Expenses Budget$1,784
Out of State Resident Sticker Price
$34,304
Out of State Costs for Salem State University
Fee Cost
Tuition$7,050
Books and Supplies$1,200
Other Fees$10,218
Room and Board $14,052
Other Expenses Budget$1,784

Residents of Massachusetts pay an annual total price of $28,164 to attend Salem State University on a full time basis. This fee is comprised of $910 for tuition, $14,052 room and board, $1,200 for books and supplies and $10,218 for other fees.

Out of state residents are charged a total cost of $34,304 which is 21.8% higher than Massachusetts residents. The tuition charge is $7,050 while room and board is $14,052, books and supplies are $1,200 and other fees come in at $10,218.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Salem State University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$17,720
Net Price by Income Salem State University
Family Income Net Price Paid
$0 to $30,000$14,593
$30,001 to $48,000$16,416
$48,001 to $75,000$18,547
$75,001 to $110,000$20,502
$110,000+$23,619

The average reported annual net price for Salem State University for students receiving grants or scholarship aid was $17,720 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

82% of full-time undergrad Salem 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 $7,765 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 78% of students received Federal Student Loans averaging $5,352 and 16% of undergrads took out private student loans averaging $11,904.

Finanical Aid Salem State University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,765 82%
Institutional Grants and Scholarships $3,025 70%
Pell Grants $4,797 51%
Other Federal Grants $479 18%
State and Local Grants $3,009 56%
Federal Student Loans $5,352 78%
Other Student Loans $11,904 16%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Salem State University, we've modeled a ten year student loan with an original principal value of $55,488. The loan balance of $55,488 is a four year multiple of the $13,872 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 $529 could be required to satisfy your student loan.

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 2.75%.

Example Loan $55,488
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $529.42
Total Interest Paid $8,042.01
Sum of All Loan Payments $63,530.01

Projected 4 Year Degree Price

4 Year Sticker Price
$112,656
Year Massachusetts Residents Non Residents
1 $28,164 $34,304
2 $30,135 $36,705
3 $32,245 $39,275
4 $34,502 $42,024

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Salem State University to be $112,656 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Salem State University
Price Per Credit 3 Credit Class 4 Credit Class
Massachusetts Residents $470 $1,410 $1,880
Out of State Residents $753 $2,259 $3,012

Estimated cost for a class at Salem 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 Salem State University versus other colleges.

Tuition Payment Plans Available

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

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=167729 IPEDS survey data for Salem State University.