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.
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.
$34,644
Average Net Price By Family Income
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. | $47,930 |
| 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. | $47,930 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $17,500 |
| Books and Supplies | $1,600 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
71%
Need Met
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. 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. Students receiving state aid Students receiving federal aid
17%
Average Aid Per Year
$26,787
17%
Average Federal Grant Aid Per Year
$5,164
Average Institution Grant Aid Per Year
$26,378
4%
Average State Grant Aid Per Year
$1,478
16%
Average Federal Grant Aid Per Year
$5,164
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$38,458,892
Total Non-Need-Based Scholarships/Grants
$15,549,971
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.
75%
Average Loan Amount Per Year
$11,453
Students receiving federal loans
75%
Average Federal Loans Per Year
$5,589
Average Other Loans Per Year
$23,073
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.
$26,966
Loan Default Rate
2%
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.
$258
What Students Are Saying
Some people may think Salve is a little pricey, which it is, but the fact that we are ocean front has a lot to do with it. We also have a unique personalized education, so I feel that Salve is definitely bang for the buck.
Current Senior from Wakefield, MA
They're ALWAYS giving away free stuff and planning great events on campus.
Mariah from Hackettstown, NJ
Salve is an extremely expensive school. They do however offer various scholarships and are very attentive in the business office/ financial aid offices. Part of what you pay for at Salve is the atmosphere and that's not really a secret. Salve has one of the most beautiful campus' in the country. The water can be seen from almost any classroom and the Cliff Walk is a frequent adventure for Salve students as soon as the weather is warm.
Bethany from Salem, MA
Salve seems to be expensive. Salve does offer a lot though, such as trips off-campus and crafts and entertainment weekly on-campus. Although upperclassmen dorms are typically in mansion-style buildings, they are fairly old and reconstruction seems to always be underway.
Nicole from Limington, ME
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