Chowan University Tuition & Cost

Murfreesboro, North Carolina

How much does it cost to attend?

Sticker Price
Costs for Chowan University
Fee Cost
Books and Supplies$1,000
Other Fees$0
Room and Board $9,400
Other Expenses Budget$1,690

Annual Prices

The annual list price to attend Chowan University on a full time basis for 2018/2019 is $37,070 for all students regardless of their residency. This fee is comprised of $24,980 for tuition, $9,400 room and board, $1,000 for books and supplies and $0 for other fees. Out of state tuition for Chowan University is $24,980, the same as North Carolina residents.

All price data is sourced from the 2018/2019 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 Chowan University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
Net Price by Income Chowan University
Family Income Net Price Paid
$0 to $30,000$16,256
$30,001 to $48,000$16,881
$48,001 to $75,000$15,916
$75,001 to $110,000$22,023

The average reported annual net price for Chowan University for students receiving grants or scholarship aid was $17,424 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Chowan University
Type Avg./Student Students Receiving
Annual Total Grant Aid $17,253 100%
Pell Grant $4,741 81%
Federal Student Loan $6,601 93%

The average reported annual net price for Chowan University for students receiving grants or scholarship aid was $17,424 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Chowan University, we've modeled a ten year student loan with an original principal value of $63,620. The loan balance of $63,620 is a four year multiple of the $15,905 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 $660 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 4.529%.

Example Loan $63,620
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $660.24
Total Interest Paid $15,608.47
Sum of All Loan Payments $79,228.47

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $37,070
2 $38,230
3 $39,427
4 $40,661

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Chowan University to be $148,280 - assuming graduation in normal time. The estimation assumes a 3.1% 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 Chowan University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $400 $1,200 $1,600

Estimated cost for a class at Chowan 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 Chowan University versus other colleges.

Tuition Payment Plans Available

Chowan University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Other Colleges to Consider

Other Colleges to Consider
Subject Percent of Class
Mid Atlantic Christian University

Elizabeth City, North Carolina

Virginia Union University

Richmond, Virginia

Averett University

Danville, Virginia

Bennett College for Women

Greensboro, North Carolina

Ferrum College

Ferrum, Virginia

Wesley College

Dover, Delaware

Johnson C Smith University

Charlotte, North Carolina

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=198303 IPEDS survey data for Chowan University.

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