In 2022, tuition for full-time students at Southern Wesleyan University was $26,520 a year.
Tuition was the same price in 2023 as it was the year before. On average, college tuition rises about 3% year.
If this information makes going to college sound impossible, remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college more manageable until you've finishing school and found a job.
Southern Wesleyan University meets 75.32% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Southern Wesleyan University is around $20,962 a year.
In 2020, students graduated with an average of $28,620 in student loans for each student with debt.
Southern Wesleyan University is a private, religious institution, which means it has the same tuition for residents of South Carolina as it does for students who live in 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 check your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. 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 as well, depending on the state you and your parents currently live in.
Tuition at Southern Wesleyan University is the same for each student.
Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or Southern Wesleyan University-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Southern Wesleyan University:
•Southern Wesleyan University-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; 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 Southern Wesleyan University.
Room and board at Southern Wesleyan University costs $9,926 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Southern Wesleyan University's on-campus cafeterias and dining halls. Students who do not live on-campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $5,583.
Meal-plan costs can depend on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be additional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources so that those with demonstrated need to find ways to lower or eliminate these fees.
The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can impact 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 costly, but cities may offer more buses, trains and low-cost flight options to actually get to school. The Southern Wesleyan University campus is in a town in South Carolina.
When creating a budget for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to Southern Wesleyan University.
What will the cost of attending Southern Wesleyan University be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses|
|Room and Board||$9,926|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Southern Wesleyan University undergrads use financial aid to help pay for school. In 2023, 533 of the 911 undergrads enrolled received financial aid. Southern Wesleyan University meets 75.32% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $20,962 a year. Around 77% of Southern Wesleyan University undergrads take out student loans to cover any remaining costs. Southern Wesleyan University graduates who have student loans graduate with an average of $28,620 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Southern Wesleyan University Students|
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 Southern Wesleyan University financial aid, keep reading, or visit their financial aid website.
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, Southern Wesleyan University awarded 530 need-based scholarships to students, giving away total of $9 million to help students with financial need cover the cost of school. An additional $2.16 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 Southern Wesleyan 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 Southern Wesleyan University was $20,962 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Southern Wesleyan University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Southern Wesleyan 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 Southern Wesleyan University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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 Southern Wesleyan University's endowment was $7.8 million. The average college endowment was $905 million in 2021. For each full-time student, Southern Wesleyan University spends about $6,365 a year.
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