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

Concerned about paying for college? Take a look at Otterbein’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.

2020 - 2021 Costs Between $21,125 and $48,792

Feeling a little stressed about paying $48,792 to attend Otterbein University each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Ohio students, 100.0% of freshmen receive some form of financial aid, with the average amount totaling $20,888. Students from low-income families receive an average of $27,667 in aid during their first year.

Cost (no aid)

Tuition and fees$33,074
+ Room and board$11,468
+ Other expenses$4,250
Total cost$48,792
Affordability Score (18 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$48,792
- Grants and scholarships$20,888
Net price$27,904
Affordability Score (30 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$48,792
- Grants and scholarships$27,667
Net price$21,125
Affordability Score (47 out of 100)
more expensive
less expensive

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

Projected Costs Between $81,815 and $285,456 For a Four Year Degree. Between $41,285 and $140,392 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Otterbein in 2020 - 2021 was $48,792. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.7% each year. If this trend continues, we expect the full cost for incoming freshmen to be $50,415 during their first year. By their senior year, that cost will be approximately $52,952 for a bachelor degree candidate ($51,247 for an associate degree candidate) for a total of $206,708 over the course of four years ($101,663 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.

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 Otterbein University

Cost With Interest

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*-0.5%1.7%
Freshman year$20,738$27,631$50,415
Senior year$20,547$27,496$51,247
Total 2-year net price$41,285$55,127$101,663
10-year loan interest @ 6.8%$15,728$21,001$38,730
Total monthly payment$475$634$1,170
Total amount paid$57,014$76,128$140,392
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-0.5%1.7%
Freshman year$20,738$27,631$50,415
Senior year$20,171$27,227$52,952
Total 4-year net price$81,815$109,715$206,708
10-year loan interest @ 6.8%$31,168$41,797$78,748
Total monthly payment$942$1,263$2,379
Total amount paid$112,983$151,513$285,456

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

Further Questions to Consider

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