S
Private 4 Year

SNU Tuition & Cost

Bethany, Oklahoma

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How much does it cost to attend?

Sticker Price
$38,744
Costs for Southern Nazarene University
Fee Cost
Tuition$24,570
Books and Supplies$1,360
Other Fees$846
Room and Board $9,968
Other Expenses Budget$2,000

Annual Prices

The annual list price to attend Southern Nazarene University on a full time basis for 2018/2019 is $38,744 for all students regardless of their residency. This fee is comprised of $24,570 for tuition, $9,968 room and board, $1,360 for books and supplies and $846 for other fees. Out of state tuition for Southern Nazarene University is $24,570, the same as Oklahoma 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 Southern Nazarene University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$18,724
Net Price by Income Southern Nazarene University
Family Income Net Price Paid
$0 to $30,000$17,239
$30,001 to $48,000$13,601
$48,001 to $75,000$16,485
$75,001 to $110,000$20,338
$110,000+$25,079

The average reported annual net price for Southern Nazarene University for students receiving grants or scholarship aid was $18,724 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

72% of full-time undergrad Southern Nazarene 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 $18,501 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 42% of students received Federal Student Loans averaging $5,767 and 6% of undergrads took out private student loans averaging $11,447.

Finanical Aid Southern Nazarene University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $18,501 72%
Institutional Grants and Scholarships $15,782 72%
Pell Grants $4,351 25%
Other Federal Grants $1,156 14%
State and Local Grants $5,323 14%
Federal Student Loans $5,767 42%
Other Student Loans $11,447 6%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Southern Nazarene University, we've modeled a ten year student loan with an original principal value of $73,136. The loan balance of $73,136 is a four year multiple of the $18,284 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 $698 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 $73,136
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $697.80
Total Interest Paid $10,599.77
Sum of All Loan Payments $83,735.77

Projected 4 Year Degree Price

4 Year Sticker Price
$154,976
Year All Residents
1 $38,744
2 $39,653
3 $40,584
4 $41,536

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Southern Nazarene University to be $154,976 - assuming graduation in normal time. The estimation assumes a 2.3% 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 Southern Nazarene University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $819 $2,457 $3,276

Estimated cost for a class at Southern Nazarene 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 Southern Nazarene University versus other colleges.

Tuition Payment Plans Available

Southern Nazarene University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=206862 IPEDS survey data for Southern Nazarene University.