S
Newport, Rhode Island

Salve Regina University Tuition & Cost

How much does it cost to attend?

Sticker Price
$58,500
Costs for Salve Regina University
Fee Cost
Tuition$39,550
Books and Supplies$1,450
Other Fees$600
Room and Board $14,500
Other Expenses Budget$2,400

Annual Prices

The annual list price to attend Salve Regina University on a full time basis for 2018/2019 is $58,500 for all students regardless of their residency. This fee is comprised of $39,550 for tuition, $14,500 room and board, $1,450 for books and supplies and $600 for other fees. Out of state tuition for Salve Regina University is $39,550, the same as Rhode Island residents.

All price data is sourced from the 2018/2019 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 Salve Regina University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$33,997
Net Price by Income Salve Regina University
Family Income Net Price Paid
$0 to $30,000$22,379
$30,001 to $48,000$23,518
$48,001 to $75,000$23,913
$75,001 to $110,000$27,938
$110,000+$32,259

The average reported annual net price for Salve Regina University for students receiving grants or scholarship aid was $33,997 in 2017/2018. 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

Finanical Aid Salve Regina University
Type Avg./Student Students Receiving
Annual Total Grant Aid $20,902 99%
Pell Grant $4,355 21%
Federal Student Loan $5,693 77%

The average reported annual net price for Salve Regina University for students receiving grants or scholarship aid was $33,997 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Salve Regina University, we've modeled a ten year student loan with an original principal value of $115,408. The loan balance of $115,408 is a four year multiple of the $28,852 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 $1,198 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 4.529%.

Example Loan $115,408
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,197.68
Total Interest Paid $28,314.09
Sum of All Loan Payments $143,722.09

Projected 4 Year Degree Price

4 Year Sticker Price
$234,000
Year All Residents
1 $58,500
2 $60,634
3 $62,845
4 $65,137

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Salve Regina University to be $234,000 - assuming graduation in normal time. The estimation assumes a 3.6% 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 Salve Regina University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,320 $3,960 $5,280

Estimated cost for a class at Salve Regina 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 Salve Regina University versus other colleges.

Tuition Payment Plans Available

Salve Regina 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=217536 IPEDS survey data for Salve Regina University.