Shepherd University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State West Virginia Resident Sticker Price

$22,507

In State Costs for Shepherd University
Fee	Cost
Tuition	$5,790
Books and Supplies	$1,000
Other Fees	$1,994
Room and Board	$10,848
Other Expenses Budget	$2,875

Out of State Resident Sticker Price

$31,993

Out of State Costs for Shepherd University
Fee	Cost
Tuition	$15,276
Books and Supplies	$1,000
Other Fees	$1,994
Room and Board	$10,848
Other Expenses Budget	$2,875

In-State Tuition

In-state tuition at Shepherd University for undergraduate students residing in West Virginia is $5,790. Room and board charges total $10,848 per year. Students will also need to budget for books and supplies, which typically amount to $1,000 annually. Other administrative or academic fees are $1,994 for the year. Additionally, students should plan an estimated $2,875 for other miscellaneous expenses throughout the year. In sum, residents attending Shepherd University full time should expect a total annual cost of $22,507.

Out-of-State Tuition

Undergraduate tuition at Shepherd University is $15,276 for out-of-state students. Additionally, out-of-state students are charged $10,848 for room and board, $1,000 for textbooks and educational resources, plus fees of $1,994. Students are advised to budget $2,875 for other expenses. When these costs are combined, annual out-of-state charges total $31,993. This figure is 42.1% higher than what West Virginia residents pay.

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 Shepherd University for students receiving grants or scholarship aid was $10,685 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 Shepherd 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

$10,685

Net Price by Income Shepherd University
Family Income	Net Price Paid
$0 to $30,000	$7,787
$30,001 to $48,000	$9,126
$48,001 to $75,000	$11,116
$75,001 to $110,000	$14,254
$110,000+	$14,684

Financial Aid

95% of full-time undergrad Shepherd 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 $7,789 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 $5,029 and 4% of undergrads took out private student loans averaging $11,351.

Finanical Aid Shepherd University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$7,789	95%
Institutional Grants and Scholarships	$4,413	67%
Pell Grants	$4,933	35%
Other Federal Grants	$1,052	48%
State and Local Grants	$3,973	44%
Federal Student Loans	$5,029	55%
Other Student Loans	$11,351	4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Shepherd University, we've modeled a ten year student loan with an original principal value of $40,576. The loan balance of $40,576 is a four year multiple of the $10,144 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 $430 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	$40,576
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$430.17
Total Interest Paid	$11,044.78
Sum of All Loan Payments	$51,620.78

Projected 4 Year Degree Price

4 Year Sticker Price

$90,028

Year	West Virginia Residents	Non Residents
1	$22,507	$31,993
2	$22,989	$32,678
3	$23,481	$33,378
4	$23,984	$34,093

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Shepherd University to be $90,028 - assuming graduation in normal time. The estimation assumes a 2.1% 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 Shepherd University
	Price Per Credit	3 Credit Class	4 Credit Class
West Virginia Residents	$317	$951	$1,268
Out of State Residents	$752	$2,256	$3,008

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