Private 4 Year

AU Tuition & Cost

Anderson, South Carolina

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How much does it cost to attend?

Sticker Price

Costs for Anderson University
Fee Cost
Books and Supplies$1,200
Other Fees$3,240
Room and Board $10,900
Other Expenses Budget$3,864

Annual Tuition & Costs

The annual tuition to attend Anderson University is $27,480. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $10,900. For educational materials, students should allocate approximately $1,200 for books and supplies plus $3,240 for other fees charged by the school. Finally, students should budget $3,864 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Anderson University on a full-time basis is $46,684 per annum.

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 Anderson University for students receiving grants or scholarship aid was $21,576 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 Anderson 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

Net Price by Income Anderson University
Family Income Net Price Paid
$0 to $30,000$16,031
$30,001 to $48,000$18,665
$48,001 to $75,000$20,006
$75,001 to $110,000$22,749

Financial Aid

100% of full-time undergrad Anderson 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 $22,909 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 55% of students received Federal Student Loans averaging $5,466 and 17% of undergrads took out private student loans averaging $10,336.

Finanical Aid Anderson University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $22,909 100%
Institutional Grants and Scholarships $15,689 100%
Pell Grants $4,607 22%
Other Federal Grants $976 7%
State and Local Grants $7,858 78%
Federal Student Loans $5,466 55%
Other Student Loans $10,336 17%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Anderson University, we've modeled a ten year student loan with an original principal value of $62,068. The loan balance of $62,068 is a four year multiple of the $15,517 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 $658 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 $62,068
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $658.02
Total Interest Paid $16,894.89
Sum of All Loan Payments $78,962.89

Projected 4 Year Degree Price

4 Year Sticker Price

Year All Residents
1 $46,684
2 $48,279
3 $49,929
4 $51,635

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Anderson University to be $186,736 - assuming graduation in normal time. The estimation assumes a 3.4% 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 Anderson University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $680 $2,040 $2,720

Estimated cost for a class at Anderson 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 Anderson University versus other colleges.

Tuition Payment Plans Available

Anderson University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=217633 IPEDS survey data for Anderson University.