In order to offer financial aid, a college must first establish a cost of attendance. Based on the cost of attendance and your expected family contribution (EFC), as determined by the information you provided on the FAFSA, the Financial Aid Office processes aid packages to continuing and admitted students.
Financial aid packages are based on a cost of attendance that is constructed based on several components as designated by federal regulations. The cost of attendance includes “Direct Costs” for expenses that are paid to Salem College directly, such as tuition, mandatory fees, food, and housing. It also includes “Indirect Costs” for expenses that are not invoiced by Salem College directly; however, you may incur while enrolled such as books and course related supplies, transportation, federal loan fees (if applicable), and miscellaneous expenses. Your actual cost may vary. Some programs involve additional costs. Please contact the Salem College Controller’s Office if you have questions about additional costs.
Total actual costs per student may vary depending upon student classification, enrollment status, and food and housing selections. Per federal regulations, the aggregate financial aid may not exceed the stated cost of attendance.
The below 2023-2024 Cost of Attenadance (Fall/Spring) figures are based on full-time enrollment. Less than full-time enrollment status will result in the decrease of certain direct and indirect costs.