College Factual  by our College Data Analytics Team
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Can You Afford Wayne State University?

Concerned about paying for college? Take a look at Wayne 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 $17,819 & $47,507

Worried about paying the full cost of $47,507 to attend Wayne State University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Michigan, the university offers a discount of 53.6% off tuition and fees. Also, 96.7% of freshmen receive some form of financial aid, with the average amount totaling $9,243. Students from low-income families receive an average of $12,818 in aid during their first year.

Cost for Residents of Michigan (no aid)

Tuition and fees$14,629
+ Room and board$10,694
+ Other expenses$5,314
Total cost$30,637
Affordability Score (39 out of 100)
more expensive
less expensive

Net Price for Residents of Michigan (with average aid)

Total cost$30,637
- Grants and scholarships$9,243
Net price$21,394
Affordability Score (39 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Michigan

Total cost$30,637
- Grants and scholarships$12,818
Net price$17,819
Affordability Score (41 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$31,499
+ Room and board$10,694
+ Other expenses$5,314
Total cost$47,507
Affordability Score (20 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$47,507
- Grants and scholarships$9,243
Net price$38,264
Affordability Score (7 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$47,507
- Grants and scholarships$12,818
Net price$34,689
Affordability Score (6 out of 100)
more expensive
less expensive

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

Projected Costs Between $88,953 and $298,354 For a Four Year Degree. Between $41,696 and $143,745 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 Wayne State University in 2020 - 2021 was $30,637. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.7% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $32,933 during their first year. By their senior year, that cost will be approximately $36,705, for a bachelor degree candidate ($34,145 for an associate degree candidate) for a total of $139,185 over the course of four years ($67,079 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 $216,048 based on a yearly growth rate of 3.7%. The expected two-year cost is $104,091.

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 Wayne State University

Cost With Interest for Residents of Michigan

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*6.9%3.7%
Freshman year$20,196$24,457$32,933
Senior year$21,500$26,150$34,145
Total 2-year net price$41,696$50,607$67,079
10-year loan interest @ 6.8%$15,885$19,279$25,555
Total monthly payment$480$582$772
Total amount paid$57,580$69,887$92,633
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*6.9%3.7%
Freshman year$20,196$24,457$32,933
Senior year$24,368$29,894$36,705
Total 4-year net price$88,953$108,461$139,185
10-year loan interest @ 6.8%$33,888$41,320$53,024
Total monthly payment$1,024$1,248$1,602
Total amount paid$122,840$149,780$192,210

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*5.6%3.7%
Freshman year$38,478$42,694$51,097
Senior year$40,525$45,097$52,993
Total 2-year net price$79,003$87,791$104,091
10-year loan interest @ 6.8%$30,097$33,445$39,655
Total monthly payment$909$1,010$1,198
Total amount paid$109,101$121,237$143,745
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.6%3.7%
Freshman year$38,478$42,694$51,097
Senior year$44,952$50,318$56,998
Total 4-year net price$166,636$185,746$216,048
10-year loan interest @ 6.8%$63,482$70,762$82,306
Total monthly payment$1,918$2,138$2,486
Total amount paid$230,118$256,509$298,354

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

Further Questions to Consider

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