Cost Details
- In-State Tuition
- $32,236
- Out-of-State Tuition
- $32,236
- Average Net Price
- $18,835
- Students Receiving Financial Aid
- 48.8%
- Room & Board (On Campus)
- $13,056
- Room & Board (Off Campus)
- $12,540
- Books & Supplies
- $1,336
- Total Cost of Attendance
- $46,628
- Median Debt at Graduation
- $26,649
- Estimated Monthly Loan Payment
- $283/mo
- Loan Repayment Rate
- 54.2%
- Students Taking Federal Loans
- 49.6%
- Pell Grant Recipients
- 48.8%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $16,009 |
| $30,001 – $48,000 | $19,467 |
| $48,001 – $75,000 | $18,561 |
| $75,001 – $110,000 | $20,207 |
| $110,001+ | $22,832 |
Cost Estimator
Cost Overview
Most Salem families pay around $18,835 per year after aid, far below the $46,628 sticker price. Low-income students (under $30K) pay just $16,009 annually, while wealthy families ($110K+) still get a discount at $22,832. Over four years, expect total costs between $64,000 and $91,000 depending on family income.
Nearly half of students take federal loans, graduating with $26,649 in debt. That translates to $283 monthly payments for ten years. With median earnings of $44,640 after graduation, loan payments consume about 7.6% of income. The 94% employment rate helps graduates manage this burden.
Salem operates as a women's college focused on small classes and personal attention. The 7:1 student-faculty ratio justifies higher costs than state schools. Students from lower-income families get the best financial deal here, often paying less than they would at public universities after aid.
Nearly half of students take federal loans, graduating with $26,649 in debt. That translates to $283 monthly payments for ten years. With median earnings of $44,640 after graduation, loan payments consume about 7.6% of income. The 94% employment rate helps graduates manage this burden.
Salem operates as a women's college focused on small classes and personal attention. The 7:1 student-faculty ratio justifies higher costs than state schools. Students from lower-income families get the best financial deal here, often paying less than they would at public universities after aid.
Official Net Price Calculator
Get a personalized cost estimate from Salem College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.