College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford Salem State University?

Concerned about paying for college? Take a look at Salem State’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $18,230 & $36,054

Worried about paying the full cost of $36,054 to attend Salem State University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Massachusetts, the university offers a discount of 36.8% off tuition and fees. Also, 81.9% of freshmen receive some form of financial aid, with the average amount totaling $7,765. Students from low-income families receive an average of $11,019 in aid during their first year.

Cost for Residents of Massachusetts (no aid)

Tuition and fees$11,675
+ Room and board$14,590
+ Other expenses$2,984
Total cost$29,249
Affordability Score (42 out of 100)
more expensive
less expensive

Net Price for Residents of Massachusetts (with average aid)

Total cost$29,249
- Grants and scholarships$7,765
Net price$21,484
Affordability Score (39 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Massachusetts

Total cost$29,249
- Grants and scholarships$11,019
Net price$18,230
Affordability Score (39 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$18,480
+ Room and board$14,590
+ Other expenses$2,984
Total cost$36,054
Affordability Score (38 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$36,054
- Grants and scholarships$7,765
Net price$28,289
Affordability Score (28 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$36,054
- Grants and scholarships$11,019
Net price$25,035
Affordability Score (27 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Salem State.

Projected Costs Between $87,720 and $218,869 For a Four Year Degree. Between $41,568 and $106,498 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Salem State University in 2020 - 2021 was $29,249. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.3% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $31,199 during their first year. By their senior year, that cost will be approximately $34,371, for a bachelor degree candidate ($32,223 for an associate degree candidate) for a total of $131,072 over the course of four years ($63,422 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $158,490 based on a yearly growth rate of 2.7%. The expected two-year cost is $77,119.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Salem State University

Cost With Interest for Residents of Massachusetts

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.5%3.3%
Freshman year$20,240$23,470$31,199
Senior year$21,327$24,531$32,223
Total 2-year net price$41,568$48,001$63,422
10-year loan interest @ 6.8%$15,836$18,287$24,161
Total monthly payment$478$552$730
Total amount paid$57,404$66,288$87,583
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.5%3.3%
Freshman year$20,240$23,470$31,199
Senior year$23,679$26,799$34,371
Total 4-year net price$87,720$100,439$131,072
10-year loan interest @ 6.8%$33,418$38,264$49,934
Total monthly payment$1,009$1,156$1,508
Total amount paid$121,138$138,703$181,006

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.5%2.7%
Freshman year$27,057$30,298$38,042
Senior year$28,128$31,355$39,077
Total 2-year net price$55,186$61,653$77,119
10-year loan interest @ 6.8%$21,024$23,488$29,379
Total monthly payment$635$710$887
Total amount paid$76,209$85,141$106,498
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.5%2.7%
Freshman year$27,057$30,298$38,042
Senior year$30,400$33,582$41,231
Total 4-year net price$114,828$127,685$158,490
10-year loan interest @ 6.8%$43,745$48,643$60,379
Total monthly payment$1,321$1,469$1,824
Total amount paid$158,574$176,329$218,869

Visit net price and financial aid to learn more about the total cost of attending Salem State University.

Further Questions to Consider

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