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Annual Costs

Undergraduate Tuition

Tuition for Southern New Hampshire University is $30,756 for the 2017/2018 academic year. This is 11% more expensive than the national average private non-profit four year college tuition of $27,755. The cost is 28% more expensive than the average New Hampshire tuition of $23,962 for 4 year colleges. Tuition ranks 13th in New Hampshire amongst 4 year colleges for affordability and is the 6th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $380 in addition to tuition bringing the total effective in-state tuition to $31,136.

Housing Costs

On campus room and board is provided by the school at a cost of $12,278 per academic year. Students electing to live off campus elsewhere in Manchester should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,200.

Other Living Expenses

If living on-campus, students should budget for $5,822 in additional living expenses. Off-campus students should budget for $8,480 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Southern New Hampshire University was $50,436 for the 2017/2018 academic year. The cost is the same for all students regardless of New Hampshire residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Southern New Hampshire University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Southern New Hampshire University
Estimated Budgets
New Hampshire Resident Total Budget $50,436
   In-State Tuition$30,756
   Other Fees$380
   Room and Board$12,278
   On-Campus Other Budget$5,822
   Books and Supplies$1,200
Non-Resident Total Budget $50,436
   Out-of-State Tuition$30,756
   Other Fees$380
   Room and Board$12,278
   On-Campus Other Budget$5,822
   Books and Supplies$1,200

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $50,436 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Southern New Hampshire University net price for in-state students is $29,144* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

86% of Southern New Hampshire University students received grant aid in 2014/2015. The average total aid amount was $11,994. 44 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $3,271. To apply for a Pell Grant to attend Southern New Hampshire University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Southern New Hampshire University
Financial Aid Summary
Average Annual Net Price$29,144*
Percent of Students Receiving Grant Aid86%
Average Total Grant Aid$11,994
Percent of Students Receiving Pell Grants44%
Average Amount of Pell Grant Aid$3,271

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$32,696
$30,001 to $48,000$30,176
$48,001 to $75,000$28,081
$75,001 to $110,000$26,625
$110,000+$28,396

Average Financial Aid Mix - $50,436 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $50,436. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
14%
59%

Grants and Scholarships

 27% - $11,994

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

Federal Loans

 14% - $6,122

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

Out of Pocket

 59% -  $26,498

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


*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 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.

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Southern New Hampshire University.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Southern New Hampshire University is $201,744 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $23,446 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $93,784**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $252,180 or $117,230 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 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.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Southern New Hampshire University.

New Hampshire Resident Tuition Per Semester$15,378
New Hampshire Resident Total Cost Per Semester$25,218

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Southern New Hampshire University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Southern New Hampshire University
Price per credit hour$1,281
Cost for one class (3 credit hours)$3,843
Cost for one class (4 credit hours)$5,124

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 77% of Southern New Hampshire University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,122. The reported average student debt upon graduation is $30,392.

Example Loan Payments and Costs

How much are student loan payments for Southern New Hampshire University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $93,784, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $116,364.44. This could be your effective total out of pocket cost of an education at Southern New Hampshire University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 86% of students at this school who receive financial aid and you are paying an average annual net price of $23,446. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Southern New Hampshire University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Southern New Hampshire University Student Loan Payments
Example Payments
Monthly Loan Payment$969.70
Amount Borrowed$93,784.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$22,580.44
Sum of All Payments over 10 years$116,364.44

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Southern New Hampshire University? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. 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 Southern New Hampshire University, you need to carefully 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 $116,364.44 would be needed to afford a $969.70 monthly payment in the example $93,784.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Southern New Hampshire University in the future? In the past four years, this school's published in-state tuition and fee total rose from $27,720 to $30,756. This amounts to an average annual price increase of 2.2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $201,744.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Southern New Hampshire University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$69,361$277,445
Estimated Cost in 10 years for students enrolling in 2029$88,525$354,098
Estimated Cost in 15 years for students enrolling in 2034 $112,982$451,929
Estimated Cost in 18 years for students enrolling in 2037 $130,791$523,164

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Southern New Hampshire University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Psychology, General Bachelor's Degree 129 25% costlier
Business Administration and Management, General Associate's Degree 74 133% costlier
Hospitality Administration/Management, General Bachelor's Degree 59 40% costlier
Accounting and Finance Bachelor's Degree 41 16% costlier
Economics, General Bachelor's Degree 39 13% costlier
International Business/Trade/Commerce Bachelor's Degree 38 22% costlier
English Language and Literature, General Bachelor's Degree 38 26% costlier
Communication and Media Studies, Other Bachelor's Degree 34 11% costlier
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 32 119% costlier
Sport and Fitness Administration/Management Bachelor's Degree 30 34% costlier
Baking and Pastry Arts/Baker/Pastry Chef Associate's Degree 27 106% costlier
Accounting Associate's Degree 22 149% costlier
Business, Management, Marketing, and Related Support Services, Other Bachelor's Degree 21 27% costlier
Social Sciences, General Bachelor's Degree 17 31% costlier
Graphic Design Bachelor's Degree 17 25% costlier
Culinary Arts/Chef Training Associate's Degree 16 147% costlier
Computer and Information Sciences, General Associate's Degree 15 154% costlier
Elementary Education and Teaching Bachelor's Degree 15 42% costlier
History, General Bachelor's Degree 9 23% costlier
Advertising Bachelor's Degree 8 30% costlier
Child Development Bachelor's Degree 7 49% costlier
Fashion Merchandising Associate's Degree 6 77% costlier
Marketing/Marketing Management, General Associate's Degree 6 159% costlier
Political Science and Government, General Bachelor's Degree 5 21% costlier
English/Language Arts Teacher Education Bachelor's Degree 4 44% costlier
Creative Writing Bachelor's Degree 4 10% costlier
Education, General Bachelor's Degree 4 18% costlier
Digital Communication and Media/Multimedia Bachelor's Degree 3 17% costlier
Retailing and Retail Operations Bachelor's Degree 3 21% costlier
Early Childhood Education and Teaching Bachelor's Degree 2 46% costlier
Accounting and Computer Science Bachelor's Degree 1 27% costlier
Environmental Studies Bachelor's Degree 1 3% costlier
Parts, Warehousing, and Inventory Management Operations Bachelor's Degree 1 13% costlier
Business Teacher Education Bachelor's Degree 1 65% costlier
Corrections and Criminal Justice, Other Associate's Degree 1 140% costlier

Calculators

Use the calculators below to formulate a college savings plan for Southern New Hampshire University or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Southern New Hampshire University in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Southern New Hampshire University student loan.

Prepayment Option

About Southern New Hampshire University

Southern New Hampshire University is a four year private college located in Manchester, New Hampshire.  Full time enrollment is 26,009 and part time is 47,168.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Southern New Hampshire University
2500 North River Road
Manchester, New Hampshire
03106-1045

For Profit / Not For Profit Status

Southern New Hampshire University is a private not for profit institution.

Southern New Hampshire University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=183026 IPEDS survey data.