Private 4 Year

Peace College Tuition & Cost

Raleigh, North Carolina

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How much does it cost to attend?

Sticker Price
Costs for William Peace University
Fee Cost
Books and Supplies$0
Other Fees$500
Room and Board $11,640
Other Expenses Budget$4,694

Annual Prices

The annual list price to attend William Peace University on a full time basis for 2018/2019 is $48,034 for all students regardless of their residency. This fee is comprised of $31,200 for tuition, $11,640 room and board, $0 for books and supplies and $500 for other fees. Out of state tuition for William Peace University is $31,200, the same as North Carolina residents.

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 William Peace University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income William Peace University
Family Income Net Price Paid
$0 to $30,000$20,968
$30,001 to $48,000$20,498
$48,001 to $75,000$21,075
$75,001 to $110,000$25,759

The average reported annual net price for William Peace University for students receiving grants or scholarship aid was $24,984 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

100% of full-time undergrad William Peace 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 $20,177 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 81% of students received Federal Student Loans averaging $5,903 and 7% of undergrads took out private student loans averaging $14,007.

Finanical Aid William Peace University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $20,177 100%
Institutional Grants and Scholarships $15,298 100%
Pell Grants $4,875 45%
Other Federal Grants $1,139 11%
State and Local Grants $4,911 52%
Federal Student Loans $5,903 81%
Other Student Loans $14,007 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to William Peace University, we've modeled a ten year student loan with an original principal value of $80,464. The loan balance of $80,464 is a four year multiple of the $20,116 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 $768 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 $80,464
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $767.72
Total Interest Paid $11,661.84
Sum of All Loan Payments $92,125.84

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $48,034
2 $50,686
3 $53,485
4 $56,438

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at William Peace University to be $192,136 - assuming graduation in normal time. The estimation assumes a 5.5% 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 William Peace University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,040 $3,120 $4,160

Estimated cost for a class at William Peace 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 William Peace University versus other colleges.

Tuition Payment Plans Available

William Peace 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=199272 IPEDS survey data for William Peace University.