S
#3 Best Colleges in West Virginia

Shepherd University Tuition & Cost

Shepherdstown, West Virginia

 0 Reviews

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

Residents of West Virginia pay an annual total price of $22,507 to attend Shepherd University on a full time basis. This fee is comprised of $5,790 for tuition, $10,848 room and board, $1,000 for books and supplies and $1,994 for other fees.

Out of state residents are charged a total cost of $31,993 which is 42.1% higher than West Virginia residents. The tuition charge is $15,276 while room and board is $10,848, books and supplies are $1,000 and other fees come in at $1,994.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Shepherd University when typical grants and scholarships are considered. The net price varies by family income and 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

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

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 $387 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 $40,576
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $387.14
Total Interest Paid $5,880.78
Sum of All Loan Payments $46,456.78

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.

Tuition Payment Plans Available

Shepherd University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=237792 IPEDS survey data for Shepherd University.