Salem College
Winston Salem, NC, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$17,669
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$14,369
$30k - $48k
$14,276
$48k - $75k
$19,305
$75k - $110k
$23,066
$110k+
$24,523
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$29,166
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$29,166
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$11,850
Books and Supplies
$1,260
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: financialaid@salem.edu

Aid & Grants

Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
53%
Average Aid Per Year
$25,354
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
53%
Average Federal Grant Aid Per Year
$4,696
Average Institution Grant Aid Per Year
$20,924
Students receiving state aid
41%
Average State Grant Aid Per Year
$4,614
Students receiving federal aid
53%
Average Federal Grant Aid Per Year
$4,696
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$29,356
$30k - $48k
$29,449
$48k - $75k
$24,420
$75k - $110k
$20,659
$110k+
$19,202

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
78%
Average Loan Amount Per Year
$5,959
Students receiving federal loans
78%
Average Federal Loans Per Year
$5,704
Average Other Loans Per Year
$13,545
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$20,515
Loan Default Rate
6%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$287

What Students Are Saying

3.30 Average Rating
Pretty expensive, but Salem tends to give out a LOT of Scholarships to those who are willing to work.
Krista from Pilot Mountain, NC
They help you in any way possible, and are so personable. Plus, Salem allows you to take classes at Wake Forest so you are definitely benefiting. They also help you get advantages in internships, trips to other countries, and more.
Catherine from Cape Coral, FL
I feel as though I get my full money's worth from my time here at Salem already. Whenever we leave, we all can't wait to get back. We love Salem.
Falon from Roxboro, NC
Salem is a bit expensive, but they offer finanical aid to everyone which is how I'm actually here. The name carries a reputation so it will be earlier to get a job over someone who just went to another public university.
Tiffany from High Point, NC
Salem is pretty expensive and I wish I received more financial aid. However, a degree from this school will definitely pay for itself!
Katie from Knoxville, TN
Average tuition, higher than average room and board. Good financial aid available. School is well run and according to Forbes magazine in very good financial shape.
ANASTASIA from Hallandale Beach, FL
You get the academics you pay and work for
Melina from High Point, NC
Salem college is worth all of the money that is put into tuition. The campus is gorgeous and with all of the services provided to the students it is really helpful!
Morgan from Asheboro, NC