Can You Afford Henderson State University?

Concerned about paying for college? Take a look at Henderson State University’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 $15,442 & $28,112

Worried about paying the full cost of $28,112 to attend Henderson State University? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Arkansas, the university offers a discount of 20.6% off tuition and fees. Also, 79.9% of freshmen receive some form of financial aid, with the average amount totaling $8,486. Students from low-income families receive an average of $10,750 in aid during their first year.

Cost for Residents of Arkansas (no aid)

Tuition and fees$7,392
+ Room and board$9,200
+ Other expenses$9,600
Total cost$26,192
Affordability Score (50 out of 100)
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Net Price for Residents of Arkansas (with average aid)

Total cost$26,192
- Grants and scholarships$8,486
Net price$17,706
Affordability Score (54 out of 100)
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Average Net Price for Low Income Residents of Arkansas

Total cost$26,192
- Grants and scholarships$10,750
Net price$15,442
Affordability Score (53 out of 100)
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less expensive

Cost for Non-Residents (no aid)

Tuition and fees$9,312
+ Room and board$9,200
+ Other expenses$9,600
Total cost$28,112
Affordability Score (60 out of 100)
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Net Price for Non-Residents (with average aid)

Total cost$28,112
- Grants and scholarships$8,486
Net price$19,626
Affordability Score (65 out of 100)
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Average Net Price for Low Income Non-Resident Undergraduates

Total cost$28,112
- Grants and scholarships$10,750
Net price$17,362
Affordability Score (66 out of 100)
more expensive
less expensive

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

Projected Costs Between $77,273 and $176,489 For a Four Year Degree. Between $36,519 and $85,040 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 Henderson State University in 2020 - 2021 was $26,192. 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 $28,177 during their first year. By their senior year, that cost will be approximately $31,440, for a bachelor degree candidate ($29,225 for an associate degree candidate) for a total of $119,154 over the course of four years ($57,402 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 $127,801 based on a yearly growth rate of 3.7%. The expected two-year cost is $61,580.

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 Henderson State University

Cost With Interest for Residents of Arkansas

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*2.5%3.7%
Freshman year$17,650$18,606$28,177
Senior year$18,869$19,073$29,225
Total 2-year net price$36,519$37,679$57,402
10-year loan interest @ 6.8%$13,912$14,354$21,868
Total monthly payment$420$434$661
Total amount paid$50,432$52,033$79,270
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.5%3.7%
Freshman year$17,650$18,606$28,177
Senior year$21,567$20,042$31,440
Total 4-year net price$78,260$77,273$119,154
10-year loan interest @ 6.8%$29,814$29,438$45,393
Total monthly payment$901$889$1,371
Total amount paid$108,074$106,711$164,548

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*2.9%3.7%
Freshman year$19,379$20,785$30,231
Senior year$20,474$21,390$31,349
Total 2-year net price$39,854$42,175$61,580
10-year loan interest @ 6.8%$15,183$16,067$23,460
Total monthly payment$459$485$709
Total amount paid$55,036$58,241$85,040
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.9%3.7%
Freshman year$19,379$20,785$30,231
Senior year$22,853$22,653$33,712
Total 4-year net price$84,338$86,839$127,801
10-year loan interest @ 6.8%$32,130$33,083$48,688
Total monthly payment$971$999$1,471
Total amount paid$116,467$119,922$176,489

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

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?

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