Ohio 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

$29,022

In State Costs for Ohio State University
Fee	Cost
Tuition	$11,018
Books and Supplies	$1,012
Other Fees	$918
Room and Board	$13,392
Other Expenses Budget	$2,682

Out of State Resident Sticker Price

$52,105

Out of State Costs for Ohio State University
Fee	Cost
Tuition	$34,101
Books and Supplies	$1,012
Other Fees	$918
Room and Board	$13,392
Other Expenses Budget	$2,682

In-State Tuition

In-state tuition at Ohio State University for undergraduate students residing in Ohio is $11,018. Room and board charges total $13,392 per year. Students will also need to budget for books and supplies, which typically amount to $1,012 annually. Other administrative or academic fees are $918 for the year. Additionally, students should plan an estimated $2,682 for other miscellaneous expenses throughout the year. In sum, residents attending Ohio State University full time should expect a total annual cost of $29,022.

Out-of-State Tuition

Undergraduate tuition at Ohio State University is $34,101 for out-of-state students. Additionally, out-of-state students are charged $13,392 for room and board, $1,012 for textbooks and educational resources, plus fees of $918. Students are advised to budget $2,682 for other expenses. When these costs are combined, annual out-of-state charges total $52,105. This figure is 79.5% higher than what Ohio residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Ohio State University for students receiving grants or scholarship aid was $18,884 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Ohio State University, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$18,884

Net Price by Income Ohio State University
Family Income	Net Price Paid
$0 to $30,000	$7,068
$30,001 to $48,000	$8,581
$48,001 to $75,000	$13,273
$75,001 to $110,000	$21,575
$110,000+	$24,870

Financial Aid

83% of full-time undergrad Ohio 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 $11,173 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 35% of students received Federal Student Loans averaging $5,319 and 5% of undergrads took out private student loans averaging $15,563.

Finanical Aid Ohio State University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$11,173	83%
Institutional Grants and Scholarships	$9,430	76%
Pell Grants	$4,785	19%
Other Federal Grants	$1,167	23%
State and Local Grants	$2,413	12%
Federal Student Loans	$5,319	35%
Other Student Loans	$15,563	5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Ohio State University, we've modeled a ten year student loan with an original principal value of $76,328. The loan balance of $76,328 is a four year multiple of the $19,082 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 $809 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 4.99%.


Example Loan	$76,328
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$809.20
Total Interest Paid	$20,776.46
Sum of All Loan Payments	$97,104.46

Projected 4 Year Degree Price

4 Year Sticker Price

$116,088

Year	Ohio Residents	Non Residents
1	$29,022	$52,105
2	$30,193	$54,208
3	$31,412	$56,396
4	$32,680	$58,672

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Ohio State University to be $116,088 - assuming graduation in normal time. The estimation assumes a 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 Ohio State University
	Price Per Credit	3 Credit Class	4 Credit Class
Ohio Residents	$459	$1,377	$1,836
Out of State Residents	$1,421	$4,263	$5,684

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