by our College Data Analytics TeamBelow is the data on what it actually costs to attend Salem College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
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The cost of attendance at Salem College amounts to about $47,947.00 per academic year.
Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.
| Tuition and fees | $33,848.00 |
| + Room, board & other expenses | $14,099.00 |
| Total cost | $47,947.00 |
| That is 46% above the national average net price. |
| Total cost | $47,947.00 |
| − Grants and scholarships | −$30,255.00 |
| Net price | $17,692.00 |
| That is 46% below the national average net price. |
| Total cost | $47,947.00 |
| − Grants and scholarships | −$29,458.00 |
| Net price | $18,489.00 |
| That is 44% below the national average net price. | |
| Go deeper on the components with tuition and fees plus living costs. |
Costs have trended upward in recent years by around 3.0% a year, so a full degree will cost more than a single year — the tables below carry that forward. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. Loan math assumes ten-year repayment at 6.8% interest.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.0% | 3.0% | 3.0% |
| Freshman year | $19,040.00 | $18,219.00 | $49,375.00 |
| Senior year | $20,792.00 | $19,896.00 | $53,919.00 |
| Total 4-year net price | $79,628.00 | $76,196.00 | $206,498.00 |
| 10-year loan interest @ 6.8% | $30,336.00 | $29,028.00 | $78,668.00 |
| Total monthly payment | $916.00 | $877.00 | $2,376.00 |
| Total amount paid | $109,964.00 | $105,224.00 | $285,167.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.0% | 3.0% | 3.0% |
| Freshman year | $19,040.00 | $18,219.00 | $49,375.00 |
| Senior year | $19,607.00 | $18,761.00 | $50,845.00 |
| Total 2-year net price | $38,646.00 | $36,980.00 | $100,220.00 |
| 10-year loan interest @ 6.8% | $14,723.00 | $14,088.00 | $38,180.00 |
| Total monthly payment | $445.00 | $426.00 | $1,153.00 |
| Total amount paid | $53,369.00 | $51,068.00 | $138,400.00 |
See the full net-price breakdown in the net-price section.
The net price figure shows the cost after grants and scholarships are deducted. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $18,277.00 |
| Average net price (off-campus) | $18,835.00 |
The real cost varies by income because need-based aid scales with financial need. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $16,009.00 |
| $30,000 to $48,000 | $19,467.00 |
| $48,001 to $75,000 | $18,561.00 |
| $75,001 to $110,000 | $20,207.00 |
| Over $110,000 | $22,832.00 |
Get a tailored estimate from the Salem College Net Price Calculator, or contact the financial aid office.
Want to know how that aid is awarded? See the grants & scholarships detail.
Median graduate debt at Salem College stands at $19,500.00, which the Department of Education classifies as a Low ($10-20k) burden tier.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $5,200.00 |
| 25th | $9,450.00 |
| Median (50th) | $19,500.00 |
| 75th | $29,230.00 |
| 90th | $41,082.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
Read the complete debt breakdown on the student-loan-debt breakdown.
Debt outcomes vary substantially with family income. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $16,849.00 |
| Middle income | $20,215.00 |
| High income | $20,500.00 |
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $19,500.00 |
| Continuing-generation students | $19,500.00 |
The Pell Grant is the largest federal grant for undergraduates from low-income families. The Pell vs non-Pell debt gap reveals how borrowing differs by need.
The median debt gap between Pell and non-Pell graduates of Salem College amounts to $-1,074.00.
The Department of Education default-rate tier for Salem College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 5.9% |
For a sense of scale, Stafford disbursements at Salem College total $92,225,599.00 across 4,081 disbursements.
Veterans and active-duty service members may qualify for substantial federal education benefits including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 2 |
| Avg GI Bill amount | $15,998.00 |
Explore GI Bill and military aid in detail on the veteran aid breakdown.
Beyond the data above, it helps to ask a few questions when weighing Salem College, a few questions are worth asking:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.