S
Private 4 Year

Shaw University Tuition & Cost

Raleigh, North Carolina

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How much does it cost to attend?

Sticker Price
$29,734
Costs for Shaw University
Fee Cost
Tuition$11,808
Books and Supplies$1,300
Other Fees$4,672
Room and Board $8,514
Other Expenses Budget$3,440

Annual Prices

The annual list price to attend Shaw University on a full time basis for 2020/2021 is $29,734 for all students regardless of their residency. This fee is comprised of $11,808 for tuition, $8,514 room and board, $1,300 for books and supplies and $4,672 for other fees. Out of state tuition for Shaw University is $11,808, the same as North Carolina residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
$17,785
Net Price by Income Shaw University
Family Income Net Price Paid
$0 to $30,000$22,471
$30,001 to $48,000$24,312
$48,001 to $75,000$27,220
$75,001 to $110,000$27,908
$110,000+$29,686

The average reported annual net price for Shaw University for students receiving grants or scholarship aid was $17,785 in 2019/2020. 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

98% of full-time undergrad Shaw 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 $11,914 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 92% of students received Federal Student Loans averaging $6,472 and 2% of undergrads took out private student loans averaging $6,348.

Finanical Aid Shaw University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $11,914 98%
Institutional Grants and Scholarships $5,251 55%
Pell Grants $5,170 85%
Other Federal Grants $2,125 53%
State and Local Grants $5,186 63%
Federal Student Loans $6,472 92%
Other Student Loans $6,348 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Shaw University, we've modeled a ten year student loan with an original principal value of $65,316. The loan balance of $65,316 is a four year multiple of the $16,329 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 $623 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 $65,316
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $623.19
Total Interest Paid $9,466.40
Sum of All Loan Payments $74,782.40

Projected 4 Year Degree Price

4 Year Sticker Price
$118,936
Year All Residents
1 $29,734
2 $31,815
3 $34,042
4 $36,425

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Shaw University to be $118,936 - 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 Shaw University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $492 $1,476 $1,968

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

Tuition Payment Plans Available

Shaw University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=199643 IPEDS survey data for Shaw University.