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Colleges / Salve Regina University

Salve Regina University

Newport, RI 4-Year Private
Acceptance Rate70%

Salve Regina University Tuition Information

On average, college tuition rises about 3% year.

If these numbers sound impossible, remember, the displayed price of tuition does not mean much if you plan to use financial aid to help pay for college. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegemore manageable until you're done with college.

Salve Regina University meets 71.1% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Salve Regina University is around $33,480 a year.

Graduates in the class of 2023 had an average of $52,001 in student loans per borrower.

In-state vs. Out-of-state Tuition at Salve Regina University

Salve Regina University is a private, religious institution, which means it has the same tuition for residents of Rhode Island as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to verify your state's eligibility criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.

Explore other Rhode Island colleges

Do International Students Pay More to Go to Salve Regina University?

Tuition at Salve Regina University is the same for every student.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Salve Regina University:

•On-campus jobs •Salve Regina University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.


Salve Regina University Room, Board, Fees, and More


In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Salve Regina University.

Room and Board Costs at Salve Regina University

Meal-plan costs vary based on on how many meals are included in the plan you choose.

Cost of Books at Salve Regina University

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have ways for students with financial need to get help covering these fees.

Transportation costs

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are not allowed to park a car on campus.

The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city is often expensive, but there may be more trains, busses or affordable flights to actually get to school. Salve Regina Universityis in a suburb in Rhode Island, near Boston and Providence.

Other Costs

When creating a budget for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.


Financial Breakdown for Salve Regina University


Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Salve Regina University.

Total Cost of Salve Regina University

What will the cost of attending Salve Regina University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

Salve Regina University’s tuition and fees change based on: •Campus location for full-time and part-time students •Course load for both full and part-time students


Salve Regina University Financial Aid


The majority of Salve Regina University undergrads use financial aid to help pay for school. In 2023, 1,487 of the 2,190 undergrads enrolled received financial aid. Salve Regina University meets 71.1% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $33,480 a year. Around 80% of Salve Regina University undergrads take out student loans to cover any remaining costs. Salve Regina University graduates who have student loans graduate with an average of $52,001 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $27,042
Private Loans $56,937
Most Common Loans for Salve Regina University Students
Federal Loans 79%
Private loans 37%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Salve Regina University financial aid, keep reading, or visit their financial aid website.

Scholarships at Salve Regina University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Salve Regina University awarded 1,486 need-based scholarships to students, giving away total of $38.5 million to help students with financial need cover the cost of school. An additional $15.55 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Salve Regina University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Salve Regina University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Salve Regina University was $33,480 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Salve Regina University seem more manageable.

What will attending Salve Regina University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Salve Regina University's net cost calculator on their website.

Salve Regina University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Salve Regina University does not have guaranteed tuition.

Salve Regina University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Salve Regina University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Salve Regina University has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Salve Regina University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Salve Regina University's endowment was $77.4 million. The average college endowment was $905 million in 2021. For each full-time student, Salve Regina University spends about $9,050 a year.


Learn More About Salve Regina University


To learn more about Salve Regina University, choose from the options below:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Salve Regina University

Salve Regina University Tuition & Fees

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Salve Regina University Financial Aid

Students Who Receive Need-Based Aid

70%

Average Financial Aid Package

$30,621

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

2,872

Campus Setting

Suburban

Acceptance Rate

70%

Tuition and Fees

In State

Unknown

Out-of-State

Unknown

Fall Freshmen
Application Deadline

Continuous processing
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