Graduate student loan calculator Manchester

January 22, 2014
UNH Manchester exterior

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

64% - $16, 441

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 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.

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 University of New Hampshire at Manchester.

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 UNH Manchester is $61, 372 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 $13, 928 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $55, 712**

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 $76, 715 or $69, 640 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 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.

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 University of New Hampshire at Manchester.

New Hampshire Resident Tuition Per Semester $6, 860
New Hampshire Resident Total Cost Per Semester $7, 672
Non-New Hampshire Resident Tuition Per Semester $13, 495
Non-New Hampshire Resident Total Cost Per Semester $14, 306

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 University of New Hampshire at Manchester are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at University of New Hampshire at Manchester
Price per credit hour for New Hampshire residents $572
Cost for one class for New Hampshire residents (3 credit hours) $1, 716
Price per credit hour for out of state residents $1, 125
Cost for one class for out of state residents (3 credit hours) $3, 375
Cost for one class for out of state residents (4 credit hours) $4, 500

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. 66% of University of New Hampshire at Manchester students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5, 271.

Source: www.collegecalc.org
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