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Annual Costs

Undergraduate Tuition

Tuition for Nova Southeastern University is $28,980 for the 2017/2018 academic year. This is 4% more expensive than the national average private non-profit four year college tuition of $27,755. The cost is 103% more expensive than the average Florida tuition of $14,261 for 4 year colleges. Tuition ranks 88th in Florida amongst 4 year colleges for affordability and is the 15th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $950 in addition to tuition bringing the total effective in-state tuition to $29,930.

Housing Costs

On campus room and board is provided by the school at a cost of $12,550 per academic year. Students electing to live off campus elsewhere in Fort Lauderdale should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,500.

Other Living Expenses

If living on-campus, students should budget for $5,169 in additional living expenses. Off-campus students should budget for $7,941 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Nova Southeastern University was $49,149 for the 2017/2018 academic year. The cost is the same for all students regardless of Florida 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 Nova Southeastern University and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Nova Southeastern University
Estimated Budgets
Florida Resident Total Budget $49,149
   In-State Tuition$28,980
   Other Fees$950
   Room and Board$12,550
   On-Campus Other Budget$5,169
   Books and Supplies$1,500
Non-Resident Total Budget $49,149
   Out-of-State Tuition$28,980
   Other Fees$950
   Room and Board$12,550
   On-Campus Other Budget$5,169
   Books and Supplies$1,500

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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 $49,149 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 Nova Southeastern University net price for in-state students is $24,833* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

97% of Nova Southeastern University students received grant aid in 2014/2015. The average total aid amount was $17,264. 40 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 $4,589. To apply for a Pell Grant to attend Nova Southeastern University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Nova Southeastern University
Financial Aid Summary
Average Annual Net Price$24,833*
Percent of Students Receiving Grant Aid97%
Average Total Grant Aid$17,264
Percent of Students Receiving Pell Grants40%
Average Amount of Pell Grant Aid$4,589

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$22,500
$30,001 to $48,000$23,883
$48,001 to $75,000$24,409
$75,001 to $110,000$27,692
$110,000+$30,566

Average Financial Aid Mix - $49,149 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $49,149. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

39%
16%
45%

Grants and Scholarships

 39% - $17,264

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

Federal Loans

 16% - $6,899

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

Out of Pocket

 45% -  $19,817

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.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Nova Southeastern University
Ave Maria University34% less expensive
Eckerd College46.4% more expensive
Flagler College St Augustine37.2% less expensive
Savannah College of Art and Design23.9% more expensive

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 Nova Southeastern 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 Nova Southeastern University is $196,596 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 $22,130 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $88,520**

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 $245,745 or $110,650 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

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 Nova Southeastern 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 Nova Southeastern University
Price per credit hour$966
Cost for one class (3 credit hours)$2,898
Cost for one class (4 credit hours)$3,864

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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. 50% of Nova Southeastern University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,899. The reported average student debt upon graduation is $31,939.

Example Loan Payments and Costs

How much are student loan payments for Nova Southeastern 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 $88,520, 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 $109,833.02. This could be your effective total out of pocket cost of an education at Nova Southeastern University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 97% of students at this school who receive financial aid and you are paying an average annual net price of $22,130. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Nova Southeastern 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.

Nova Southeastern University Student Loan Payments
Example Payments
Monthly Loan Payment$915.28
Amount Borrowed$88,520.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$21,313.02
Sum of All Payments over 10 years$109,833.02

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Nova Southeastern 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 Nova Southeastern 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 $109,833.02 would be needed to afford a $915.28 monthly payment in the example $88,520.00 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 Nova Southeastern University in the future? In the past four years, this school's published in-state tuition and fee total rose from $23,850 to $28,980. This amounts to an average annual price increase of 4.3%. 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 $196,596.00. 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 Nova Southeastern University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$67,591$270,365
Estimated Cost in 10 years for students enrolling in 2029$86,266$345,062
Estimated Cost in 15 years for students enrolling in 2034 $110,099$440,397
Estimated Cost in 18 years for students enrolling in 2037 $127,454$509,814

Tuition History

What was tuition at Nova Southeastern University five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearTuitionAnnual Increase
2012$22,6504.9%
2011$21,6002.4%
2010$21,1003.7%
2009$20,3504.9%
2008$19,4004%
2007$18,6504.8%
2006$17,80014.1%
2005$15,6002.5%
2004$15,2209.7%
2003$13,8702.4%
2002$13,5408.9%
2001$12,4305.1%
2000$11,8278%
1999$10,9503.1%
1998$10,6206%
1997$10,0157%
1996$9,3606.7%
1995$8,7701%
1994$8,6805.5%
1993$8,2307.9%
1992$7,63017.9%
1991$6,47012.5%
1990$5,7508.5%
1989$5,30011.6%
1988$4,750

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Nova Southeastern 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
Business Administration and Management, General Bachelor's Degree 254 42% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 252 37% costlier
Biology/Biological Sciences, General Bachelor's Degree 152 22% costlier
Psychology, General Bachelor's Degree 123 22% costlier
Elementary Education and Teaching Bachelor's Degree 59 39% costlier
Health Professions and Related Clinical Sciences, Other Bachelor's Degree 43 27% costlier
Pre-Law Studies Bachelor's Degree 41 25% costlier
Accounting Bachelor's Degree 34 32% costlier
Finance, General Bachelor's Degree 33 32% costlier
General Studies Bachelor's Degree 32 45% costlier
Marketing/Marketing Management, General Bachelor's Degree 27 35% costlier
Sport and Fitness Administration/Management Bachelor's Degree 25 31% costlier
Diagnostic Medical Sonography/Sonographer and Ultrasound Technician Bachelor's Degree 24 39% costlier
Business/Commerce, General Bachelor's Degree 24 30% costlier
Criminal Justice/Safety Studies Bachelor's Degree 22 45% costlier
Education, General Bachelor's Degree 20 15% costlier
Vision Science/Physiological Optics Bachelor's Degree 17 12% costlier
Speech Communication and Rhetoric Bachelor's Degree 16 24% costlier
Computer and Information Sciences, General Bachelor's Degree 14 33% costlier
Education/Teaching of Individuals with Specific Learning Disabilities Bachelor's Degree 13 34% costlier
Legal Assistant/Paralegal Bachelor's Degree 12 59% costlier
Physical Education Teaching and Coaching Bachelor's Degree 11 40% costlier
Marine Biology and Biological Oceanography Bachelor's Degree 10 18% costlier
English Language and Literature, General Bachelor's Degree 10 22% costlier
History, General Bachelor's Degree 8 20% costlier
Environmental Science Bachelor's Degree 6 15% costlier
Computer Science Bachelor's Degree 5 17% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 4 16% costlier
International Relations and Affairs Bachelor's Degree 4 5% costlier
Early Childhood Education and Teaching Associate's Degree 4 158% costlier
Sociology Bachelor's Degree 4 19% costlier
Dance, General Bachelor's Degree 2 9% costlier
Economics, General Bachelor's Degree 2 10% costlier
Humanities/Humanistic Studies Bachelor's Degree 2 15% costlier
English/Language Arts Teacher Education Bachelor's Degree 1 40% costlier
Music, General Bachelor's Degree 1 19% costlier

Calculators

Use the calculators below to formulate a college savings plan for Nova Southeastern 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 Nova Southeastern 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 Nova Southeastern University student loan.

Prepayment Option

About Nova Southeastern University

Nova Southeastern University is a four year private college located in Fort Lauderdale, Florida.  Full time enrollment is 13,575 and part time is 8,050. Learn more about getting accepted at Nova Southeastern University at CollegeSimply.

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

Address
Nova Southeastern University
3301 College Ave
Fort Lauderdale, Florida
33314-7796

For Profit / Not For Profit Status

Nova Southeastern University is a private not for profit institution.

Nova Southeastern University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=136215 IPEDS survey data.