Henderson State University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Arkansas Resident Sticker Price

$27,094

In State Costs for Henderson State University
Fee	Cost
Tuition	$5,880
Other Fees	$1,680
Books and Supplies	$2,598
Room and Board	$9,558
Other Expenses Budget	$7,378

Out of State Resident Sticker Price

$29,302

Out of State Costs for Henderson State University
Fee	Cost
Tuition	$8,088
Other Fees	$1,680
Books and Supplies	$2,598
Room and Board	$9,558
Other Expenses Budget	$7,378

In-State Tuition

In-state tuition at Henderson State University for undergraduate students residing in Arkansas is $5,880. Room and board charges total $9,558 per year. Students will also need to budget for books and supplies, which typically amount to $2,598 annually. Other administrative or academic fees are $1,680 for the year. Additionally, students should plan an estimated $7,378 for other miscellaneous expenses throughout the year. In sum, residents attending Henderson State University full time should expect a total annual cost of $27,094.

Out-of-State Tuition

Undergraduate tuition at Henderson State University is $8,088 for out-of-state students. Additionally, out-of-state students are charged $9,558 for room and board, $2,598 for textbooks and educational resources, plus fees of $1,680. Students are advised to budget $7,378 for other expenses. When these costs are combined, annual out-of-state charges total $29,302. This figure is 8.1% higher than what Arkansas residents pay.

Housing Costs

On campus room and board is provided by the school at a cost of $9,558 per academic year. Students electing to live off campus elsewhere in Arkadelphia should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $2,598.

Other Living Expenses

If living on-campus, students should budget for $7,378 in additional living expenses. Off-campus students should budget for $7,794 in other miscellaneous living expenses.

All price data is sourced from the 2022/2023 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Henderson State University for students receiving grants or scholarship aid was $17,656* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$17,656

Below is the average net price by student family income.

Net Price by Income Henderson State University
Family Income	Net Price Paid
$0 to $30,000	$17,580
$30,001 to $48,000	$16,525
$48,001 to $75,000	$18,779
$75,001 to $110,000	$18,918
$110,000+	$19,916

The net price provides a more realistic estimate of the true cost of attending Henderson State University, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

90% of full-time undergrad Henderson State University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $9,580 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

47 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $5,055. To apply for a Pell Grant to attend Henderson State University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

44% of students received Federal Student Loans averaging $5,091 and 5% of undergrads took out private student loans averaging $13,512.

Finanical Aid Henderson State University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$9,580	90%
Institutional Grants and Scholarships	$6,321	85%
Pell Grants	$5,055	47%
Other Federal Grants	$470	17%
State and Local Grants	$1,464	54%
Federal Student Loans	$5,091	44%
Other Student Loans	$13,512	5%

Financial Aid Mix - $27,094 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $27,094. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

49%

26%

Grants and Scholarships

49% - $9,580

Money granted to you by the U.S. Department of Education, Henderson State University or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

26% - $5,091

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

26% - $5,045

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to Henderson State University, we've modeled a ten year student loan with an original principal value of $70,624. The loan balance of $70,624 is a four year multiple of the $17,656 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $766 could be required to pay off your student loan. The total of all payments including interest would sum $91,974.72.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 5.5%.


Example Loan	$70,624
Stafford Loan Interest Rate	5.5%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$766.46
Total Interest Paid	$21,350.72
Sum of All Loan Payments	$91,974.72

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Henderson State University, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $91,974.72 would be needed to afford a $766.46 monthly payment in the example $70,624.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Henderson State University student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$108,376

Year	Arkansas Residents	Non Residents
1	$27,094	$29,302
2	$28,991	$31,353
3	$31,020	$33,548
4	$33,191	$35,896

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Henderson State University to be $108,376 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Henderson State University
	Price Per Credit	3 Credit Class	4 Credit Class
Arkansas Residents	$315	$945	$1,260
Out of State Residents	$436	$1,308	$1,744

Estimated cost for a class at Henderson State University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Henderson State University versus other colleges.

Tuition Payment Plans Available

Henderson State University Payment Plans
Tuition Payment Plan	Yes
Prepaid Tuition Plan	No
Alternative Tuition Plan	Yes
Guaranteed Tuition Plan	No

Tuition History

Historical in-state and out-of-state tuition and price increases for Henderson State University.

Year	In-State	Out-of-state	Annual Increase
2021	$5,880	$8,088	2.1%
2020	$5,760	$7,680	-16.9%
2019	$6,930	$8,640	4.5%
2018	$6,630	$8,280	0%
2017	$6,630	$8,280	2.8%
2016	$6,450	$13,290	3.9%
2015	$6,210	$12,810	4%
2014	$5,970	$12,330	4.2%
2013	$5,730	$11,850	27.7%
2012	$4,488	$8,976	5.1%
2011	$4,272	$8,544	-16%
2010	$5,083	$9,163	2.9%
2009	$4,939	$8,875	5.8%
2008	$4,667	$8,363	10.6%
2007	$4,220	$7,748	3.8%
2006	$4,067	$7,577	-1.3%
2005	$4,121	$7,761	7.6%
2004	$3,829	$7,209	17.7%
2003	$3,252	$6,204	8.1%
2002	$3,009	$5,745	8.4%
2001	$2,777	$5,297	11.7%
2000	$2,486	$4,766	6.4%
1999	$2,337	$4,473	18%
1998	$1,980	$3,960	-2.6%
1997	$2,032	$3,892	2.4%
1996	$1,984	$3,808	5.1%
1995	$1,888	$3,616	15.1%
1994	$1,640	$3,200	5.8%
1993	$1,550	$3,000	10.7%
1992	$1,400	$2,800	9.4%
1991	$1,280	$2,480	4.9%
1990	$1,220	$2,420	14%
1989	$1,070	$2,120	1.9%
1988	$1,050	$2,096	17.7%
1987	$892	$1,784

College Savings Calculator

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Student Loan Calculator

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