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Greenville, South Carolina

Furman Tuition & Cost

How much does it cost to attend?

Sticker Price
$63,706
Costs for Furman University
Fee Cost
Tuition$47,968
Books and Supplies$1,230
Other Fees$380
Room and Board $12,158
Other Expenses Budget$1,970

Annual Prices

The annual list price to attend Furman University on a full time basis for 2017/2018 is $63,706 for all students regardless of their residency. This fee is comprised of $47,968 for tuition, $12,158 room and board, $1,230 for books and supplies and $380 for other fees. Out of state tuition for Furman University is $47,968, the same as South Carolina residents.

All price data is sourced from the 2017/2018 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 Furman University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$32,951
Net Price by Income Furman University
Family Income Net Price Paid
$0 to $30,000$20,587
$30,001 to $48,000$20,703
$48,001 to $75,000$22,660
$75,001 to $110,000$28,389
$110,000+$34,714

The average reported annual net price for Furman University for students receiving grants or scholarship aid was $32,951 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Furman University
Type Avg./Student Students Receiving
Annual Total Grant Aid $30,434 100%
Pell Grant $4,459 14%
Federal Student Loan $5,358 36%

The average reported annual net price for Furman University for students receiving grants or scholarship aid was $32,951 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Furman University, we've modeled a ten year student loan with an original principal value of $103,508. The loan balance of $103,508 is a four year multiple of the $25,877 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 $1,081 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 4.7%.

Example Loan $103,508
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,080.74
Total Interest Paid $26,180.99
Sum of All Loan Payments $129,688.99

Projected 4 Year Degree Price

4 Year Sticker Price
$254,824
Year All Residents
1 $63,706
2 $65,816
3 $67,997
4 $70,249

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Furman University to be $254,824 - assuming graduation in normal time. The estimation assumes a 3.3% 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 Furman University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,499 $4,497 $5,996

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

Tuition Payment Plans Available

Furman 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=218070 IPEDS survey data for Furman University.