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Erskine College Tuition and Fees

Erskine College, which is located in Due West, South Carolina is a private, Reformed Presbyterian Church university. Erskine College is home to an ethnically diverse student body. At EC around 59% are white, 22% are Black or African American, and 11% belong to an unknown race or ethnicity. Further, around 98% of the students are 24 and under. When it comes to gender distribution at the varsity, around 36% of the students are females and 64% are males. The college has produced several achiever

$34,095

Tuition

$53,500

Cost of Attendance

$35,268

Net Price

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Erskine College Tuition and Fees

Erskine College is known for offering a wide range of undergraduate, postgraduate, and doctoral programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at EC is quite high. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $36,510, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $11,465, the charges for books and supplies and other expenses stand at $2,100 and $2,650, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$36,150	$36,150
Book & Supplies	$2,100	$2,100
Room & Board cost	$11,350	$11,350
Other Expenses	$3,900	$3,900
Total Cost of Attendance	$53,500	$53,500

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. What's more, at Erskine College, the total tuition and fees for the enrolled students come out to be around $36,510 in a year. In addition, the students will be needed to pay an average expense of $2,100 for books and supplies, $12,182 toward room and boarding, and $2,650 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $53,442 per year.

Average Net Price by Family Income

Net Price

$35,268

Family Income

Avg. Net Price

$0 to $30,000

$21,136

$30,001 to $48,000

$32,242

$48,001 to $75,000

$39,242

$75,001 to $110,000

$34,538

$110,000+

$38,660

The net cost of attending Erskine College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At EC, the average net price is estimated to be around $35,421. The net price for students with an annual family income below $30,000 is reported to be around $31,831. For the individuals who come under the $30,001-$48,000 income category, the net cost is $29,574. The amount stands at $30,041 for an annual income between $48,001 and $75,000, $31,350 for the $75,001-$110,000 income bracket, and $34,807 for a family income above $110,000.

Student Loans

Example Loans

$63,436

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$658

Total interest paid

$15,563

Sum of Loan Payments

$78,999

To have a realistic understanding of how much it will cost to study at Erskine College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $63,436 for example. This will result in a $7,900 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $78,999 which is $15,563 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$36,150	$36,150
Room & Board Cost	$11,350	$11,350
Total Tuition & Fees	$47,500	$47,500

At Erskine College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $36,510 in a year. Moreover, the applicants must also pay an amount of $12,182 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $53,442 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$13,000	$13,000
Fees	$400	$400

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at EC, the amount totals around $13,640. Of this amount, $13,200 accounts for the graduate tuition and the remaining $440 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$485
Undergraduate	2018 - 2019	$1,280

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Erskine College varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $227 and for undergraduate courses, it stands at $280.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$11,350	$12,900
Other Expense	$3,900	$1,400
Book & Supplies	$2,100	$2,100

As far as the housing and related charges at EC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $15,365 per year for on-campus housing and $14,300 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $11,465 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $12,900. In addition to that, the candidates will have to pay an amount of about $2,100 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $3,900 for on-campus students and $1,400 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$11,350

Off Campus

$12,900

Housing & Other Expenses

Other Expenses

On Campus

$3,900

Off Campus

$1,400

Housing & Other Expenses

Book & Supplies

On Campus

$2,100

Off Campus

$2,100

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $268,219. In comparison, the total expenses for undergraduate students stood at $35,421 for 2018-2019, $18,604 for 2017-2018, and $18,268 for 2016-2017.

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