Total Cost of Attendance
Considered one of the “Best Regional Universities” by U.S. News & World Report, Southern New Hampshire University offers a stellar education, both in person and online. SNHU tuition for the 2021/22 academic year was $15,380. This is substantially lower than the national average for four-year private nonprofit institutions of $35,807 per year.
Costs for 2021-22
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
- Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
- Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
- Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
- Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
- US Department of Education – Search for grants from colleges and universities by state
- College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Private Student Loans
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
This Student Loan & Scholarship Information may be helpful in understanding options for financing four years at SNHU.
Undergraduate Tuition and Fees
Costs for 2021-22
In 2021/22, students paid $15,380 for tuition and fees and $11,800 for room and board, for a total of $27,180. The average for private schools in the U.S. is double that at $54,880 per year.
Graduate Tuition and Fees
Costs for 2021-22
Southern New Hampshire University offers several graduate programs. SNHU tuition for graduate school is $18,900 per year, with $570 in fees. This is close to the average cost of tuition for graduate school at a private institution in the United States of $19,493. There are graduate loans available to help with these costs.
Cost per Credit Hour
Another option is to attend SNHU part-time, and in that case, you would pay $625 per credit.
Campus Housing Expenses
Costs for 2021-22
SNHU offers five residence halls, primarily for freshmen and sophomores, as well as residence apartments for juniors and seniors.
Those who choose to live off campus will find many options for apartments, houses, and duplexes near campus.
Southern New Hampshire University Acceptance Rate
The SNHU acceptance rate is high at 94%.
Southern New Hampshire University has a few requirements for applicants, as well as some recommended documents you may want to submit.
- Official high school transcript (or GED)
- One letter of recommendation from a school counselor or teacher
- SAT or ACT scores
The deadline for Early Action is November 15, and February 1 for Priority. You can apply here .
SAT and ACT Scores
You are not required to submit SAT or ACT test scores to apply at SNHU.
Popular Majors at Southern New Hampshire University
SNHU offers a variety of fields of study, both online and on campus, as well as hybrid programs. Here are the most popular majors.
1. Business Administration
Undergraduate degrees in 2020-21: 3,684
Undergraduate degrees in 2020-21: 1,646
3. Liberal Arts
Undergraduate degrees in 2020-21: 1,104
4. Healthcare Administration
Undergraduate degrees in 2020-21: 1,019
Undergraduate degrees in 2020-21: 945
6. Criminal Justice
Undergraduate degrees in 2020-21: 679
7. Computer Science
Undergraduate degrees in 2020-21: 564
Undergraduate degrees in 2020-21: 533
Undergraduate degrees in 2020-21: 530
10. Creative Writing
Undergraduate degrees in 2020-21: 489
Learn more about the programs you can major in at SHNU here.
• 4 years: 29%
• 6 years: 35%
Post-Graduation Median Earnings
SoFi Loan Products
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SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs. SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. SoFi Lending Corp. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
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