Shorter University Tuition 2024| The College Monk

$21,940

Tuition

$35,130

Cost of Attendance

$19,395

Net Price

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Shorter University Tuition and Fees

Shorter University is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at SU is quite moderate compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $22,370, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing costs $9,400, books and supplies cost $1,200, while the other expenses add up to $4,330.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$22,370	$22,370
Book & Supplies	$1,200	$1,200
Room & Board cost	$9,400	$9,400
Other Expenses	$2,160	$2,160
Total Cost of Attendance	$35,130	$35,130

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. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. For students attending the university, the total tuition and fees for one year add up to about $22,370. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $9,925 for room and boarding charges, and $4,330 toward other expenses in a year. So, the overall cost of attending SU comes out to be about $37,825 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$19,395

Family Income

Avg. Net Price

$0 to $30,000

$17,650

$30,001 to $48,000

$20,174

$48,001 to $75,000

$19,565

$75,001 to $110,000

$21,120

$110,000+

$22,806

The net price of attending Shorter University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At SU, the average net price is estimated to be $19,217. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $18,603. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $17,139. Meanwhile, the net price stands at $20,646 for the $48,001-$75,000 income bracket and at $20,463 for an income between $75,001 and $110,000. This amount adds up to $21,011 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$58,396

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$606

Total interest paid

$14,327

Sum of Loan Payments

$72,723

To have a realistic understanding of how much it will cost to study at Shorter University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $58,396 for example. This will result in a $7,272 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 $72,723 which is $14,327 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	$22,370	$22,370
Room & Board Cost	$9,400	$9,400
Total Tuition & Fees	$31,770	$31,770

For students pursuing undergraduate courses at Shorter University, the tuition and fees are estimated to be $22,370 per year. Alongside that, they will likewise need to shell out around $9,925 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at SU adds up to $37,825.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$12,360	$12,360
Fees	$200	$200

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at SU, the amount totals around $12,560. This sum includes their graduate tuition of $12,360 and the graduation fees of $200 as well.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$515
Undergraduate	2018 - 2019	$550

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 Shorter University varies for graduate and undergraduate courses. The cost per credit hour for graduate degrees sits at $209, while that of undergraduate degrees is $172, as per the 2019-2020 fee structure. At present, Shorter University also offers various online programs to students across as many as 40 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,400	$10,450
Other Expense	$2,160	$6,501
Book & Supplies	$1,200	$1,200

Now, coming to the lodging and related expenses at SU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $11,560 per year, while students have to pay $16,951 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $9,400 per year, while the amount charged for off-campus candidates stands at $10,450. On the other hand, the charges toward books and supplies come to around $1,200. Aside from these, the other expenses that students should plan for add up to $2,160 for on-campus candidates and $6,501 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,400

Off Campus

$10,450

Housing & Other Expenses

Other Expenses

On Campus

$2,160

Off Campus

$6,501

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	$15,500	$500
Bachelors	$42,000	$350
Associate	$21,000	$350

Shorter University offers 17 online programs across 7 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Shorter University is around $189,502 as per official data. To note, the total expenses for undergraduate students stood at $19,217 for 2018-2019, $19,395 for 2017-2018, and $18,557 for 2016-2017.

Explore Programs by Major

Business Management Programs

Master of Business Administration

Tuition

Credits

Master of Business Administration

Duration: 12 month Type: online

Total Cost : $ 15500

Cost per credit: $ 500

Total Credits: 31

Shorter University Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

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