Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Salem College
Select your family income to see your estimated cost
The Cost Formula
Tuition
$34K
+
Room
$14K
+
Books
$1,250
=
Sticker Price
$48,532
$34K+$14K+$1,250=$48,532
Your Family Income
Sticker
$48,532
−
Your Aid
$32,385
=
Net Price
$16,147
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Salem College Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$48,532
Tuition and Fees
$33,848
Room and Board
$13,710
Books and Supplies
$1,250
Average Financial Aid (Grants and Scholarships)
-$30,255
Average Net Price (What Families Pay)
$18,277
Salem College Net Price by Family Income Level
Family Income
Net Price
$0–30k
$19,074
$30–48k
$16,001
$48–75k
$16,147
$75–110k
$19,940
$110k+
$24,027
Understanding Your Aid Package
Salem College has a sticker price of $48,532 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $48,532/year
Average aid: $30,255 in grants & scholarships
$48–75K families pay: ~$16,147/year
Low-income families: Pay ~$19,074/year
55% of students receive Pell Grants
Financial Aid Profile
💰
55%
Pell Grant Recipients
Lower-income students receiving federal aid
🎓
33%
First-Generation Students
Parents without bachelor's degree
Get personalized cost estimates and assess whether borrowing makes sense.
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$26,649
Range (25th–75th)$9,450 – $29,230
Median Parent PLUS Loans$13,000
Debt Manageability
0.54x
Debt-to-Earnings Ratio
Debt is moderate relative to earnings. Manageable for most graduates, but higher-debt borrowers should plan carefully.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$44,640
Earnings Growth
+16%
6 → 10 years post-graduation
Earnings Range (10yr post-graduation)
$28,027
25th %ile
$60,645
75th %ile
Frequently Asked Questions about Salem College Cost & Financial Aid
Salem College's published tuition is $48,532 per year. However, after financial aid, the average student pays $16,147—a difference of $32,385.
Families earning under $30,000 pay an average net price of $19,074 at Salem College. 55% of students receive Pell Grants.
Salem College offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Salem College graduates is $26,649, resulting in estimated monthly payments of $282 over 10 years.
Even families earning over $110,000 pay an average net price of $24,027 at Salem College—still $24,505 less than the sticker price. Most families qualify for some form of aid.
