Annual Costs
Undergraduate Tuition
Tuition for Southern New Hampshire University is $9,600 for the 2020/2021 academic year. This is 68% cheaper than the national average private non-profit four year college tuition of $29,844.The cost is 61% cheaper than the average New Hampshire tuition of $24,489 for 4 year colleges. Tuition ranks 3rd in New Hampshire amongst 4 year colleges for affordability and is the 16th most expensive 4 year college in the state. Price does not vary by residence.
The school charges an additional fees of $50 in addition to tuition bringing the total effective in-state tuition to $9,650.
Housing Costs
On campus room and board is provided by the school at a cost of $12,800 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 $1,500.
Other Living Expenses
If living on-campus, students should budgetfor $6,824 in additional living expenses. Off-campus students should budget for $6,824 in other miscellaneous living expenses.
Total Costs
The annual tuition and living expense budget to go to Southern New Hampshire University was $30,774 for the 2020/2021 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 2020 IPEDS survey response for Southern New Hampshire University and represent reported costs for the 2020-2021 academic year.
| Estimated Budgets | |
|---|---|
| New Hampshire Resident Total Budget | $30,774 |
| In-State Tuition | $9,600 |
| Other Fees | $50 |
| Room and Board | $12,800 |
| On-Campus Other Budget | $6,824 |
| Books and Supplies | $1,500 |
| Non-Resident Total Budget | $30,774 |
| Out-of-State Tuition | $9,600 |
| Other Fees | $50 |
| Room and Board | $12,800 |
| On-Campus Other Budget | $6,824 |
| 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 $30,774 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 $41,217* for the 2019/2020 academic year. This net price includes housing and meal expenses.
Pell Grants and other Grant Aid
80% of Southern New Hampshire University students received grant aid in 2019/2020. The average total aid amount was $9,337. 52 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $3,384. 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).
| Financial Aid Summary | |
|---|---|
| Average Annual Net Price | $41,217* |
| Percent of Students Receiving Grant Aid | 80% |
| Average Total Grant Aid | $9,337 |
| Percent of Students Receiving Pell Grants | 52% |
| Average Amount of Pell Grant Aid | $3,384 |
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 2019/2020 academic year.
| Family Income | Avg. Net Price |
|---|---|
| $0 to $30,000 | $45,135 |
| $30,001 to $48,000 | $43,415 |
| $48,001 to $75,000 | $41,757 |
| $75,001 to $110,000 | $38,868 |
| $110,000+ | $35,819 |
Average Financial Aid Mix - $30,774 In-State Total Cost
CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $30,774. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.
39%
23%
38%
Grants and Scholarships
39%-$9,337
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
23%-$5,430
Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.
Out of Pocket
38%-$9,183
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 2019/2020 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. Southern New Hampshire University |
|---|---|
| Husson University | 63.7% more expensive |
| Polytechnic Institute of New York University | 317.3% 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 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 $123,096 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 $153,870 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 2019/2020 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 | $4,800 |
| New Hampshire Resident Total Cost Per Semester | $15,387 |
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.
| Price per credit hour | $320 |
| Cost for one class (3 credit hours) | $960 |
| Cost for one class (4 credit hours) | $1,280 |
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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. 63% of Southern New Hampshire University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,430.
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 $112,503.55. 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 80% 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.
| Example Payments | |
|---|---|
| Monthly Loan Payment | $937.53 |
| Amount Borrowed | $93,784.00 |
| Interest Rate | 3.73% |
| Term | 10 years |
| Number of Monthly Payments | 120 |
| Total Interest Cost | $18,719.55 |
| Sum of All Payments over 10 years | $112,503.55 |
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 $112,503.55 would be needed to afforda $937.53 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? 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 $123,096.00. 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.
| Annual | 4 Year Degree | |
|---|---|---|
| Estimated Cost in 5 years for students enrolling in 2028 | $42,321 | $169,286 |
| Estimated Cost in 10 years for students enrolling in 2033 | $54,014 | $216,056 |
| Estimated Cost in 15 years for students enrolling in 2038 | $68,937 | $275,749 |
| Estimated Cost in 18 years for students enrolling in 2041 | $79,803 | $319,213 |
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.
How much will Southern New Hampshire University cost in 18 years?
How much is the monthly student loan payment for Southern New Hampshire University?
About Southern New Hampshire University
Southern New Hampshire University is a four year private college located in Manchester, New Hampshire.Full time enrollment is 41,012 and part time is 93,333.Learn more about getting accepted at Southern New Hampshire University at CollegeSimply.
Students attending this school may pursue both undergraduate and graduate degrees.
AddressSouthern New Hampshire University
2500 North River Road
Manchester, New Hampshire
03106-1045
http://www.snhu.edu
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. Data last updated February 2022 and reflects academic year 2020/2021 costs reported by the school.
FAQs
How much is SNHU tuition per year? ›
Is net price the same as tuition? ›Net price is a college's published price minus your gift aid and education tax benefits. Your net price for a college is the cost of tuition and fees minus the amount of gift aid that you receive from various sources and education tax benefits. Gift aid means grants and scholarships — money you don't have to pay back.
Is Southern New Hampshire University expensive? ›We offer some of the lowest online tuition rates in the nation: $320/credit for undergraduate degrees. $627/credit for graduate degrees. No undergraduate or graduate application fee.
Is a SNHU degree worth anything? ›Southern New Hampshire University is ranked #385 out of 2,223 for value nationwide. Southern New Hampshire University is priced competitvely when compared to other colleges of similar quality. Based on this information we believe it is a good price for the type of education provided.
Does SNHU do monthly payments? ›SNHU offers flexible payment plan options that will spread the cost of tuition into a monthly payment plan. If you are interested in signing up for a tuition payment plan, the estimated bill you will receive in July will help you determine which plan and payment amount is right for you.
Does SNHU give free laptops? ›Does SNHU provide laptops for students? SNHU doesn't offer students free laptops, but you can purchase a laptop from any location/reseller and take advantage of some discounts from Dell and Apple.
What does net price include? ›A net price is an estimate of the actual cost you and your family need to pay in a year to cover education expenses for you to attend a particular college or career school. It is the institution's cost of attendance minus any grants and scholarships for which you may be eligible.
Does net price include housing? ›The net price is calculated by taking the total cost of attendance — including tuition, room and board and books — and subtracting any grants and scholarships you're eligible for.
Does net price include student loans? ›Net price is the college's annual cost of attendance minus the grants, scholarships, tuition waivers and other gift aid a student receives for one year of college. This does not factor in loans.
What GPA do you need to get into SNHU? ›Undergraduate Admission: there is no GPA requirement. Graduate Admission: a minimum undergraduate GPA of 2.75 is required for full acceptance or 2.00 for provisional acceptance (unless otherwise noted by the program).
Are SNHU degrees legit? ›
Is SNHU accredited? SNHU is an accredited school. The agency responsible for accrediting SNHU is the New England Commission of Higher Education (NECHE), which is the accreditation agency for schools in the six New England states. They are Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
Is SNHU a respected university? ›Southern New Hampshire University Rankings
Southern New Hampshire University is ranked #133-175 out of 181 Regional Universities North. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.
Hire SNHU Grads and Interns
The SNHU network is strengthened by our alumni hiring SNHU students and graduates. If you're an employer and have an internship, part-time position or full-time position you're looking to fill, please email the Career & Professional Development Center.
A bachelor's degree typically takes four years to complete, but that time can vary — especially if you're earning an online bachelor's degree. At Southern New Hampshire University (SNHU), students pursuing their bachelor's degree online typically take one or two courses per term.
How much do SNHU teachers make? ›Average Southern New Hampshire University Adjunct Professor yearly pay in the United States is approximately $41,597, which is 8% above the national average.
Does fafsa cover SNHU? ›SNHU's school code is 002580. After completing your FAFSA, print the FAFSA Confirmation Page for your records. If you have already completed a FAFSA for another school, click on "Make a Correction to a Processed FAFSA" and add SNHU's school code - 002580.
Do you pay for books at SNHU? ›SNHU Merchandise & Supplies
Undergraduate and graduate on campus students have the option to purchase books at the campus bookstore (on campus and online) using their Penmen Cash if they have a projected Title IV refund for the term.
At Southern New Hampshire University (SNHU), for example, there are 8-week terms for undergraduate classes and 10-week terms for graduate, allowing ample opportunities to enroll throughout the calendar year.
Is SNHU completely online? ›While many SNHU programs can be completed 100% online, there are exceptions. Aside from traditional campus degree programs, a few may require blended learning (both online and in-person classes).
How can I get a laptop for college if I have no money? ›If your college or university doesn't offer free laptops as a part of enrollment, check out your school's library. Temporary laptop loans are typically available for students to use on campus. For commuter students who prefer to study off campus, local libraries are also a great option for borrowing free laptops.
Does financial aid pay for laptop? ›
If you received grant or scholarship money to attend college, you may be able to purchase a laptop with your funds. Some financial aid packages include a stipend specifically reserved for laptops, books, and other school-related expenses. Federal Pell Grants can also be used to purchase laptops (in a roundabout way).
How do you find the net price? ›Net price is what a customer pays. To calculate the net price, start with the list price and add any taxes and other government-mandated charges. Then subtract any discounts, rebates or negotiated prices.
What is not included in the net price for college? ›What Is Net Price? Your net price is a college's sticker price for tuition and fees minus the grants, scholarships, and education tax benefits you receive. The net price you pay for a particular college is specific to you because it's based on your personal circumstances and the college's financial aid policies.
Who pays the net price? ›Net price is the price students actually pay, after subtracting financial aid that doesn't have to be repaid from the total sticker price. The average net price is much lower than the sticker price.
Is net price lower than list price? ›The actual selling price, called the net price will be the list price less any trade discounts the buyer is entitled to take.
What is list price and net price? ›While the list price is the maximum price at which a product can be sold, the net price is the price at which the customer buys it.
Does net price include discount? ›Net Price Includes Trade Discounts
The net price of a product or service is the actual price that customers pay for the product or service. It is the final number after trade discounts are subtracted from the list price.
The average net price paid by full-time students enrolled in private nonprofit four-year institutions in 2020–21 is $26,820 vs. $54,880 in sticker price. In comparison in 2020–21, the average net price paid by full-time students enrolled in public four-year colleges is $19,490 vs.
Do student loans lower your net worth? ›Even though a college degree typically leads to a higher-paying job, the student loans that often go with it can significantly undermine your ability to build wealth after graduation.
What is an average net cost? ›Average net price is generated by subtracting the average amount of federal, state/local government, or institutional grant and scholarship aid from the total cost of attendance.
What is the lowest GPA accepted? ›
Unofficially, 2.0 is the lowest GPA accepted into a standard college, so while there's a chance that college admission is possible, it's not likely at more than a few institutions.
What college will accept a 3.5 GPA? ›What colleges can I get into with a 3.5 GPA? The University of Iowa, the University of San Francisco, and California State Polytechnic University in Pomona accept students with an average of a 3.5 GPA, making them great options for you.
Can you get into college with a 2.5 GPA? ›A 2.5 GPA corresponds to a C average, making it a common starting GPA for many colleges and universities, even some more competitive institutions — though acceptance at that level would be a long shot.
What grade is failing at SNHU? ›Undergraduate students must have a cumulative GPA of C (2.0) or better; graduate students must have a cumulative GPA of B (3.0) or better for all work completed at SNHU and have successfully completed all of the course and program requirements of a specific program of study in order to be awarded an SNHU degree.
Is SNHU a college or university? ›Because SNHU is a nonprofit, accredited university with over 200 affordable, career-focused programs, thousands of students think SNHU is the best online university for them.
What major is Southern New Hampshire University known for? ›The most popular majors at Southern New Hampshire University include: Business, Management, Marketing, and Related Support Services, Other; Psychology, General; Education, General; Social Sciences, General; Corrections and Criminal Justice, Other; Computer and Information Sciences, General; Organizational Communication ...
Is SNHU a dry campus? ›Southern New Hampshire University is committed to maintaining an environment of teaching and learning that is free of illicit drugs and alcohol.
What is the acceptance rate for SNHU online? ›Southern New Hampshire University admissions is least selective with an acceptance rate of 90%. The application deadline at Southern New Hampshire University is rolling.
Can you get rejected from SNHU? ›For every 100 applicants, 93 are admitted. This means the school is a nearly open admissions school. They accept nearly all students, so for the most part, you just need to submit an application to get in. But if you don't meet all their application requirements, you'll be one of the very few people who gets rejected.
How much do SNHU online teachers make? ›The estimated total pay for a Online Adjunct Professor at Southern New Hampshire University is $7,259 per month.
How much does it cost to live on campus at SNHU? ›
| On Campus Costs | Annually (30 Credits) |
|---|---|
| Housing | $9,000 - $11,000 |
| Dining Plan (Est.) | $1,830 - $4,200 |
| International Student Fee (International students only) | $350 |
| Engineering Program Fees (Applies to Engineering students only) | $3,000 |
- Psychology.
- Criminal Justice.
- English.
- Education.
- Religious Studies.
- Social Work.
- Sociology.
- Communications.
What is the fastest and easiest degree to get? Often students focus on Business Administration, Psychology, or Education degrees for the fastest degrees; however, General Studies, English, and Communications may be considered some of the easiest, along with Psychology.
Can I finish a Bachelors degree in 2 years? ›Finishing a bachelor's degree in two years with online accelerated degree programs, transfer credits, and degree completion methods is possible. Many students would choose to fast-track graduation to save money and time and explore careers.
Is SNHU a 4 year college? ›Personal preferences, goals, academic progress, transfer credit eligibility, cost and time considerations are all factors that may impact how many years it takes to earn a bachelor's degree, but 4 years is the traditional timetable to earn the 120 credits you need.
How much does SNHU cost after aid? ›At Southern New Hampshire University, the total cost is $36,006. The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which comes in at $28,699 for the average student receiving need-based aid.
Which degree is the highest paid? ›The No. 1 spot goes to electrical engineering and computer science. The early-career median pay for majors is $119,200 annually.
What is the easiest degree to get online? ›- Business. Online business degrees prepare learners for diverse careers. ...
- Liberal Arts. Liberal arts programs hone critical thinking, communication, and problem-solving skills. ...
- Education. ...
- English. ...
- Nursing. ...
- Criminal Justice. ...
- Psychology. ...
- Agriculture Science.
Typically, the school first applies your grant or loan money toward your tuition, fees, and (if you live on campus) room and board. Any money left over is paid to you directly for other education expenses.
How many classes do you need to be a full time student at SNHU? ›Part-time or Full-time Student: How Many Classes is Full Time? Two online classes per term is considered full time at SNHU. If you're hoping to maximize the number of courses you take each term to move faster to your degree, you may be surprised by how manageable two courses can be.
Does SNHU accept anyone? ›
The acceptance rate at Southern New Hampshire University is 92.9%. For every 100 applicants, 93 are admitted. This means the school is a nearly open admissions school. They accept nearly all students, so for the most part, you just need to submit an application to get in.
What major is SNHU known for? ›SNHU, founded in 1932 as the New Hampshire School of Accounting and Secretarial Science, is a recognized leader in business education.
Is SNHU a top school? ›Southern New Hampshire University Rankings
Southern New Hampshire University is ranked #133-175 out of 181 Regional Universities North. Schools are ranked according to their performance across a set of widely accepted indicators of excellence.