O
Private 4 Year

OWU Tuition & Cost

Delaware, Ohio

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How much does it cost to attend?

Sticker Price
$63,276
Costs for Ohio Wesleyan University
Fee Cost
Tuition$46,870
Books and Supplies$1,200
Other Fees$260
Room and Board $13,246
Other Expenses Budget$1,700

Annual Prices

The annual list price to attend Ohio Wesleyan University on a full time basis for 2020/2021 is $63,276 for all students regardless of their residency. This fee is comprised of $46,870 for tuition, $13,246 room and board, $1,200 for books and supplies and $260 for other fees. Out of state tuition for Ohio Wesleyan University is $46,870, the same as Ohio 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 Ohio Wesleyan University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$26,628
Net Price by Income Ohio Wesleyan University
Family Income Net Price Paid
$0 to $30,000$22,319
$30,001 to $48,000$21,323
$48,001 to $75,000$21,275
$75,001 to $110,000$24,847
$110,000+$29,411

The average reported annual net price for Ohio Wesleyan University for students receiving grants or scholarship aid was $26,628 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

100% of full-time undergrad Ohio Wesleyan 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 $35,864 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 62% of students received Federal Student Loans averaging $5,633 and 14% of undergrads took out private student loans averaging $12,791.

Finanical Aid Ohio Wesleyan University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $35,864 100%
Institutional Grants and Scholarships $33,592 100%
Pell Grants $4,696 29%
Other Federal Grants $1,343 29%
State and Local Grants $3,311 16%
Federal Student Loans $5,633 62%
Other Student Loans $12,791 14%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Ohio Wesleyan University, we've modeled a ten year student loan with an original principal value of $103,668. The loan balance of $103,668 is a four year multiple of the $25,917 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 $989 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 $103,668
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $989.11
Total Interest Paid $15,024.85
Sum of All Loan Payments $118,692.85

Projected 4 Year Degree Price

4 Year Sticker Price
$253,104
Year All Residents
1 $63,276
2 $64,444
3 $65,633
4 $66,845

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Ohio Wesleyan University to be $253,104 - assuming graduation in normal time. The estimation assumes a 1.8% 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 Wesleyan University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $5,090 $15,270 $20,360

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

Tuition Payment Plans Available

Ohio Wesleyan 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=204909 IPEDS survey data for Ohio Wesleyan University.