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A $15 Allowance for a 5-Year-Old? See How You Stack Up

If you’ve got kids, the whole allowance thing can be tricky.

On the one hand, giving an allowance can be a worthwhile investment in your kids’ understanding and appreciation of money. It can teach them about saving, budgeting, and making choices — and provide a structured way to dole out spending money.

On the other hand, you may be wary of adding more focus on money. Plus, there’s the question of how much to pay and at what age to start.

According to a recent Wells Fargo/Ipsos survey, 43% of parents with children ages 5 to 17 regularly give an allowance, and another 28% give one occasionally. The median (aka most typical) amount per week is $15 for the youngest children and $20 or $25 for older age groups.

Sound like a lot? Remember, every family is different, and only you know what’s right for yours. But if you’ve been on the fence about starting an allowance, or just want a gut check on the one you already give, here are a few things to consider:

1.   Choosing an amount: More than a quarter (28%) of parents in the Wells Fargo survey said they’re paying their kids $50 or more a week! But the old rule-of-thumb to give $1 for every year of the child’s age (eg. $5 for a 5-year-old) is a good baseline to consider.

2.   Selecting a payment method: With younger kids, physical cash works best since they can see and count it. Later, you can transition to direct bank deposits or digital payments through Venmo, Apple Cash, or a debit card specifically for kids.

3.   Deciding whether you’ll require chores. Personal finance influencer Dave Ramsay says you shouldn’t just hand your kids money with no strings attached. But other experts like Ron Lieber, a money columnist for The New York Times, say contributing to the household should be non-negotiable. If moms and dads aren’t paid for mowing the lawn or cooking dinner, then why should kids be paid to walk the dog? This school of thought separates allowance from chores. One is a tool for practicing money skills, the other a way of instilling a strong work ethic.

4.   Deciding on raises: When will you give them? At birthdays? Or when the cost of living is noticeably higher? Nearly 3 in 10 parents in the Wells Fargo survey said they bumped their kids’ allowance in the past year due to inflation.

So what? An allowance can be a good way to instill healthy financial habits early. And the teaching-kids-about-money ball is often in parents’ court, considering it’s not yet a standard part of many school curriculums. (Ten states require a personal finance course in high school and another 19 are planning to.) If you go the allowance route, make it count. Here’s some inspiration for age-appropriate money lessons:

•  Practice delayed gratification. Have kids save up for a special toy or video game.

•  Try budgeting. Set up a jar or envelope system to divide payments into “save, spend, and give” so children learn how to allocate their money toward multiple goals.

•  Understand the power of compound interest. Show kids how they can grow their money through vehicles like a high-yield savings or teen brokerage account.

Related Reading

An Age-by-Age Guide to How Much Allowance to Give Your Kids (Parents)

How to Teach Your Kids About Money: 6 Tips (SoFi)

Teaching Kids Financial Skills With Their Allowance (FitMoney)


Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.

The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.

SoFi isn't recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

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Oregon State University Tuition and Fees


Oregon State University Tuition and Fees

Oregon State University

On this page:

    By Susan Guillory

    (Last Updated – 08/2025)

    Oregon State University (OSU) is a well-respected public research university located in Corvallis. Known for its strong programs in engineering, environmental sciences, forestry, and marine biology, Oregon State serves over 32,000 undergraduate students across diverse fields. It is a land-, sea-, and sun-grant institution, which reflects its commitment to research and outreach across multiple areas. With a focus on sustainability and research, OSU plays an important role in regional development and global problem-solving.

    Total Cost of Attendance

    The Oregon State University tuition in 2024-25 for state residents was $14,400. This is higher than the national average of $11,610 for in-state tuition at public universities. For residents of other states, Oregon State tuition was $38,190, which is above the national average for out-of-state tuition of $30,780.

    Tuition, however, is only part of the total cost of attending college. Here’s a look at other expenses students can expect when attending Oregon State.

    Costs for 2024-25

    Expense

    In-State

    Out-of-State

    Tuition & Fees

    $14,400

    $38,190

    Books & Supplies

    $600

    $600

    Room & Board (on campus)

    $16,386

    $16,386

    Other Expenses

    $3,492

    $3,492

    Total Cost of Attendance

    $34,878

    $58,668

    Financial Aid

    The vast majority of OSU students (92%) use financial aid to help cover the tuition and other costs. This may be student loans, scholarships, or grants, or a combination of these.

    Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who 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, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

    •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    A large share of students (33%) tap student loans to help pay Ohio State’s tuition and other costs: 32% take out federal loans, and 6% get private student loans (with an average amount of $20,904).

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

    The Oregon State University cost of attendance for four years — including tuition and fees, room and board, books, and other expenses — is $139,512 for in-state students (based on 2024-25 numbers). By comparison, the national average at public universities for in-state students is $119,640 for four years.

    For out-of-state residents, the four-year cost for attending Oregon State is $234,672. This is higher than the national average of $196,320 for out-of-state cost of attendance.

    This student loan and scholarship information may be valuable as you research schools and costs.

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2024-25

    Oregon State’s undergraduate tuition and fees for the 2024-25 academic year were $14,400 for in-state students, a 6.7% increase over 2023-24. The tuition and fees for out-of-state students were $38,190, a 7.1% increase over 2023-24.

    Graduate Tuition and Fees

    Costs for 2024-25

    Expense

    In-State

    Out-of-State

    Tuition

    $13,716

    $30,861

    Fees

    $2,490

    $2,490

    Tuition and fees for graduate students at Oregon State for 2024-25 averaged $16,206 for in-state students and $33,351 for out-of-state students. This is a good deal for residents: The average cost of graduate school tuition and fees in the U.S. is $22,430 per year.

    There are graduate loans available to help with these costs.

    Cost per Credit Hour

    The cost per credit hour at Oregon State is approximately $400 for Oregon residents and $1,061 for nonresidents.

    Campus Housing Expenses

    The campus offers 15 residence halls, along with three on-campus apartment complexes (for students who are in their second year and above). All first-year students are required to live on campus, unless they are exempted or living with family.

    Costs for 2024-25

    •   Housing and food expenses (on campus): $16,386

    •   Housing and food expenses (off campus):$16,386

    •   Other living expenses: $3,492

    Total living expenses for 2024-25 came to an estimated $19,878 for students who lived on or off campus.

    Oregon State University Acceptance Rate

    Fall 2023

    Number of Applications

    29,025

    Number Accepted

    22,930

    Percentage Accepted

    79%

    Oregon State University is lightly selective, with an acceptance rate of 79%.

    Admission Requirements

    Oregon State University has a holistic admissions process that considers the various skills and achievements of each applicant. As part of their review, they look at:

    •  Your high school grades, courses taken, and rigor of coursework

    •  Grades in any college or dual-credit courses

    •  Information provided in your personal statement on the application

    •  Your responses to application essay prompts

    •  Experiences and diverse perspectives that you may share with our campus

    •  Special talents and achievements

    Test scores and letters of recommendation are optional but may be submitted.

    You can apply to Oregon State using the OSU application or the Common App.

    Application deadlines:

    •  Early action: November 1

    •  Priority application: February 3 (after this date, admission and scholarships are awarded on a space and funds available basis).

    SAT and ACT Scores

    Oregon State is test-optional. SAT or ACT scores, if submitted, are considered in context and only as supplemental information. The university does not publish the average SAT or ACT scores of admitted students who did choose to submit their scores.

    Graduation Rate

    While many Oregon State students complete their degree in four years, some take longer. Here are the graduation rates for students who began at the school in 2017.

    •  4 years: 47%

    •  6 years: 71%

    Post-Graduation Median Earnings

    The average annual salary for Oregon State graduates is $84,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

    Bottom Line

    Oregon State University is known for its quality education and strong programs in a range of fields. The school’s research facilities and connections with various industries also provide opportunities for students to gain hands-on experiences and work on real-world projects.

    While tuition runs somewhat higher than the national average for public universities, those who need help covering the OSU cost of attendance may qualify for financial assistance in the form of grants, scholarships, and federal student loans.

    If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


    Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

    View your rate

    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
    SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    SOISL-Q325-065

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    Princeton University Tuition and Fees


    Princeton University Tuition and Fees

    Princeton University Tuition

    On this page:

      By Kevin Brouillard

      (Last Updated – 08/2025)

      Princeton University, located in Princeton, New Jersey, is a prestigious Ivy League institution founded in 1746. Known for its rigorous academics, world-class faculty, and generous financial aid, it offers undergraduate and graduate programs across disciplines like engineering, humanities, and public policy. With a strong emphasis on research and independent study, Princeton fosters intellectual curiosity and leadership in a close-knit, collaborative campus environment.

      Total Cost of Attendance

      The total cost of attendance at Princeton University in 2024-25 was $86,988, which is significantly higher than the national average of $62,990 at private colleges.

      Here’s a look at how those costs break down:

      Costs for 2024-25


      Tuition & Fees

      $62,688

      Books & Supplies

      $1,050

      Room & Board (On-Campus)

      $20,250

      Other Expenses

      $3,000

      Total Cost of Attendance

      $86,988

      Financial Aid

      More than half of undergraduates at Princeton (61%) use financial aid to help cover the tuition and other costs. This may be scholarships, grants, student loans, or a combination of these.

      Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who 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, or financial need.

      •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

      •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

      Recommended: New Jersey Student Loan & Scholarship Information

      Private Student Loans

      A large share of students (44%) take out student loans to help cover Pepperdine tuition and other costs: 42% take out federal loans, and 10% get private student loans (with an average amount of $17,344).

      Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

      The total cost to attend Princeton University for four years — including tuition and fees, room and board, books, and other expenses — is $347,952 (based on 2024-25 numbers). This is higher than the national average of $251,960 for four years at a private university.

      This student loan and scholarship information may be valuable as you research schools and costs.

      Repay student loans your way.

      Find the monthly
      payment & rate that fits your budget.

      Undergraduate Tuition and Fees

      Costs for 2024-25

      Princeton University undergraduate tuition and fees for 2024-25 were $62,688, which represents a 5% increase over 2023-24.

      Graduate Tuition and Fees

      Costs for 2024-25

      •   Average tuition: $62,400

      •   Fees: $3,536

      Tuition and fees for graduate students at Princeton for 2024-25 averaged $65,936. This is substantially higher than the average cost of graduate school tuition and fees in the U.S., which is $22,430 per year.

      There are graduate loans available to help with these costs.

      Cost per Credit Hour

      The cost per credit at Princeton ranges from $2,090 to $2,612, depending on how many credits you take per semester.

      Campus Housing Expenses

      Princeton offers seven residential colleges, where students live, eat, study, and socialize. All first-year students and sophomores must live and dine in a residential college.

      Costs for 2024-25

      •   Housing and food expenses (on campus): $20,250

      •   Other living expenses (on campus): $3,000

      Total living expenses for the 2024-25 academic year were estimated at $23,250.

      Princeton Acceptance Rate

      Fall 2023

      Number of Applications

      Number Accepted

      Percentage Accepted

      39,644

      1,586

      4%

      The Princeton University acceptance rate is 4%, which makes the school extremely selective.

      Admission Requirements

      To apply to Princeton as a first-year student, you’ll need to submit:

      •  The Common App (including Princeton-specific questions)

      •  Official high school transcripts (sent by your school counselor)

      •  School Report (submitted by your counselor through the Common App site)

      •  Counselor recommendation

      •  Two teacher recommendations

      •  Midyear school report (submitted by your counselor when your midyear grades are available)

      •  A graded written paper, preferably in English or history

      •  SAT/ACT scores (optional)

      Application deadlines:

      •  Early Action: November 1 (with decisions by mid-December)

      •  Regular Decision: January 1 (with decisions by late March)

      SAT and ACT Scores

      Though submitting test scores is currently optional at Princeton, it can be helpful to know the average scores of other students who chose to submit their scores.

      Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading/Writing

      740

      780

      SAT Math

      760

      800

      ACT Composite

      34

      35

      ACT English

      35

      36

      ACT Math

      32

      35

      Graduation Rate

      The vast majority of Princeton students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

      •  4 years: 80%

      •  6 years: 97%

      Post-Graduation Average Earnings

      The average annual salary for Princeton University graduates is $101,000. This is significantly higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

      Bottom Line

      Princeton is consistently ranked among the top universities globally, known for its strong academics, research opportunities, and prestige. While the cost of attendance runs on the higher end for private schools, those who need help covering Princeton tuition may qualify for financial assistance in the form of grants, scholarships, and federal student loans.

      If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


      Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

      View your rate

      SoFi Private Student Loans
      Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
      Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
      SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


      Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



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      Pepperdine University Tuition and Fees


      Pepperdine University Tuition and Fees

      Pepperdine University Tuition

      On this page:

        By Jennifer Calonia

        (Last Updated – 08/2025)

        Pepperdine University is a private Christian university located in Malibu, California. Founded in 1937, it offers a range of undergraduate and graduate programs through its six schools. Known for its stunning coastal campus and emphasis on academic excellence, leadership, and Christian values, Pepperdine fosters a strong sense of community. The university is also recognized for its programs in business, law, education, psychology, and public policy.

        Total Cost of Attendance

        The total cost of attendance at Pepperdine University in 2024-25 was $95,168, which is significantly higher than the national average of $62,990 at private colleges.

        Here’s a look at how those costs break down:

        Costs for 2024-25


        Tuition & Fees

        $69,918

        Books & Supplies

        $1,000

        Room & Board (On-Campus)

        $21,750

        Other Expenses

        $2,500

        Total Cost of Attendance

        $95,168

        Financial Aid

        The vast majority of undergraduates at Pepperdine (92%) use financial aid to help cover the tuition and other costs. This may be scholarships, grants, student loans, or a combination of these.

        Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who 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, or financial need.

        •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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, 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

        •  SoFi Scholarship Finder – Use our handy tool to streamline your search by award type, location, level of study and more.

        Recommended: California Student Loan & Scholarship Information

        Private Student Loans

        A large share of students (44%) take out student loans to help cover Pepperdine tuition and other costs: 42% take out federal loans, and 10% get private student loans (with an average amount of $17,344).

        Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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, since it generally has better rates and terms.

        If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition 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

        The total cost to attend Pepperdine University for four years — including tuition and fees, room and board, books, and other expenses — is $380,672 (based on 2024-25 numbers). This is much higher than the national average of $251,960 for four years at a private university.

        This student loan and scholarship information may be valuable as you research schools and costs.

        Repay student loans your way.

        Find the monthly
        payment & rate that fits your budget.

        Undergraduate Tuition and Fees

        Costs for 2024-25

        Pepperdine University undergraduate tuition and fees for 2024-25 were $69,918, which represents a 4.8% increase over 2023-24.

        Graduate Tuition and Fees

        Costs for 2024-25

        •   Average tuition: $43,400

        •   Fees: $656

        Tuition and fees for graduate students at Pepperdine for 2024-25 averaged $44,056. This is substantially higher than the average cost of graduate school tuition and fees in the U.S., which is $22,430 per year.

        There are graduate loans available to help with these costs.

        Cost per Credit Hour

        The cost per credit at Pepperdine is $2,255 for undergraduate students.

        Campus Housing Expenses

        Pepperdine offers residence halls and apartments on its Malibu campus. All new first-year and transfer students are required to live on campus. Other students may choose to live on or off campus.

        Costs for 2024-25

        •   Housing and food expenses (on campus): $21,750

        •   Other living expenses (on campus): $2,500

        •   Housing and food expenses (off campus): $22,500

        •   Other living expenses (off campus): $3,000

        Total living expenses for the 2024-25 academic year were estimated at $24,250 for students living on campus and $25,500 for those living off campus.

        Pepperdine Acceptance Rate

        Fall 2023

        Number of Applications

        Number Accepted

        Percentage Accepted

        12,457

        6,229

        50%

        The Pepperdine University acceptance rate is 50%, which makes the school somewhat selective.

        Admission Requirements

        To apply to Pepperdine as a first-year student, you’ll need to submit:

        •  The Common App

        •  Official high school transcripts

        •  Academic letter of recommendation from a core subject (math, science, English, history, foreign language, religion) teacher or counselor who is familiar with your academic standing.

        •  SAT/ACT/CLT scores (optional)

        First-year students applying for fall also have the option to sign up for an admission interview as part of the application evaluation process, but an interview is not required.

        Application deadlines:

        •  Early Action and Early Decision: November 1 (with decisions sent on January 10)

        •  Regular Decision: January 15 (with decisions sent on April 1)

        SAT and ACT Scores

        Though submitting test scores is optional at Pepperdine, it can be helpful to know the average scores of other students who chose to submit their scores.

        Here are the standardized test scores of students who enrolled in Fall 2023 at the 25th and 75th percentiles.

        Subject

        25th Percentile

        75th Percentile

        SAT Evidence-Based
        Reading/Writing

        630

        710

        SAT Math

        620

        740

        ACT Composite

        26

        33

        ACT English

        26

        34

        ACT Math

        26

        30

        Graduation Rate

        The vast majority of Pepperdine students complete their degree in four years. But some students take longer. Here are the graduation rates for students who began at the school in 2017.

        •  4 years: 75%

        •  6 years: 85%

        Post-Graduation Median Earnings

        The average annual salary for Pepperdine University graduates is $85,000. This is higher than the average projected starting salary for the class of 2025 at the bachelor’s degree level, which is $68,680.

        Bottom Line

        Pepperdine University is consistently recognized among the top-ranked universities in California. The school is known for its strong academic programs and focus on developing leaders through a combination of intellectual pursuits, spiritual exploration, and commitment to service.

        While the cost of attendance is on the higher end, most Pepperdine undergraduates receive some sort of financial aid, including need-based grants, merit scholarships, and student loans.

        If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


        Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

        View your rate

        SoFi Private Student Loans
        Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
        Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
        SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.


        SoFi Loan Products
        SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


        Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

        External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


        Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.




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        North Carolina State University Tuition and Fees


        North Carolina State University Tuition and Fees

        North Carolina State University Tuition and Fees

        On this page:

          By Kelly Boyer Sagert

          (Last Updated – 08/2025)

          North Carolina State University, often referred to as NC State, is a public land-grant research university located in Raleigh, North Carolina. Founded in 1887, it has grown to become one of the largest universities in the state and a leader in science, technology, engineering, and mathematics (STEM) education.

          The university offers degrees ranging from associate to doctoral. Read on to learn about NC State admissions and acceptance rates, NC State tuition, popular majors, and more.

          Total Cost of Attendance

          Costs for 2024-25

          Expenses

          In-State

          Out-of-State

          Tuition & Fees

          $8,799

          $32,847

          Books & Supplies

          $876

          $876

          Room & Board

          $14,332

          $14,332

          Other Expenses

          $3,230

          $3,230

          Total Cost of Attendance

          $27,237

          $51,285

          In the United States, the average public four-year in-state cost of attendance was $28,840, while public four-year out-of-state cost of attendance was $46,730.

          Financial Aid

          In the 2022-23 academic year, 68% of first-time, full-time undergraduates received some type of aid. More specifically:

          •  Grant or scholarship aid: 50% received these funds with the average amount being $11,811

          •  Federal grants: 18% received these funds with the average amount being $5,678

          •  Pell grants: 18% received these funds with the average amount being $5,443

          •  Other federal grants: 43% received these funds with the average amount being $845

          •  Student loan aid: 41% received these funds with the average amount being $7,609

          •  Federal student loans: 40% received these funds with the average amount being $5,105

          •  Other student loans: 7% received these funds with the average amount being $16,558

          Recommended: North Carolina Student Loan & Scholarship Information

          Generally, financial aid is monetary assistance awarded to students based on personal need or 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, or financial need.

          •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit 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

          •  SoFi Scholarship Finder

          Recommended: The Differences Between Grants, Scholarships, and Loans

          Private Student Loans

          At NCSU, 7% of students in 2022-23 received private student loan funding and the university offers guidance on how to apply for them.

          Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -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. Federal student loans don’t have to be paid 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, because it generally has 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 tuition 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

          Using the 2024-25 NC rates, in-state total cost for four years would equal $108,948 without tuition increases. Out-of-state total cost would equal $205,140 over four years without tuition increases.

          The national average cost of attendance for public in-state colleges for four years is $115,360.

          Repay student loans your way.

          Find the monthly
          payment & rate that fits your budget.

          Undergraduate Tuition and Fees

          Costs for 2024-25

          Expenses

          In-State

          Out-of-State

          Tuition & Fees

          $8,799

          $32,847

          Books

          $876

          $876

          Total Undergraduate Costs

          $9,675

          $33,723

          For in-state students at a four-year public university, tuition and fees averaged $11,260, making North Carolina State lower than the national average. For out-of-state students, the cost averaged $29,150.

          Graduate Tuition and Fees

          Costs for 2024-25

          Expenses

          In-State

          Out-of-State

          Tuition

          $9,837

          $30,610

          Fees

          $2,264

          $2,264

          Total Graduate Costs

          $12,101

          $32,874

          Assuming a two-year program, a master’s degree from North Carolina State would cost $24,202 for in-state students and $65,748 for out-of-state students.

          Students can obtain graduate loans to help with the costs.

          Cost per Credit Hour

          Students attending NCSU pay per credit, and the cost varies by program. The standard rate for in-state undergraduates starts at $272.29 for one credit hour and $1,312.50 for one credit hour for out-of-state students. Tuition and fees are capped at 12 hours.

          Campus Housing Expenses

          Costs for 2024-25

          Expenses

          On-Campus Costs

          Off-Campus Costs

          Room & Board

          $14,332

          $735+/month*

          Other Expenses

          $3,230

          $3,230

          Total Expenses

          $17,562

          Variable

          *Monthly rent is variable, as it will depend on your location, unit, and whether or not you split the cost with roommates.

          North Carolina State has 21 residence halls of different styles, including traditional hall-style buildings, suite-style buildings, university towers, and hotel-style buildings.

          NCSU offers off-campus housing, too, though some students opt to find their own accommodations. Off-campus housing is variable depending on location and roommates, but typically starts at $735 per month.

          North Carolina State University Acceptance Rate

          Fall 2023

          Number of Applicants

          Number Accepted

          Percentage Accepted

          40,049

          16,020

          40%

          Admission Requirements

          Students can apply online, selecting up to two majors. SAT and ACT test scores are optional in 2024-25. Applicants should complete an essay and answer short questions, and send in their transcripts. During the NC State admissions process, the university will look for academic accomplishments, extracurricular achievements, background information, and individual stories.

          Fall deadlines for NC State admissions are listed on the website as follows:

          •  Early Action: November 1 of the year before admissions

          •  Regular Decision: January 15 of the academic year

          SAT and ACT Scores

          NC State is test-optional in the 2024-25 academic year. Of the students who enrolled in Fall 2023 and submitted scores, 21% submitted SAT scores and 28% submitted ACT scores with the following 25th and 75th percentiles:

          Subject

          25th Percentile

          75th Percentile

          SAT Evidence-Based
          Reading/Writing

          640

          720

          SAT Math

          660

          740

          ACT Composite

          28

          32

          ACT English

          26

          33

          ACT Math

          26

          31

          Graduation Rate

          Using data from students starting in Fall 2017, graduation rates are as follows:

          •  4-year: 68%

          •  6-year: 85%

          Post-Graduation Median Earnings

          Median earnings of a NC State graduate is $68,758 compared to the national median of $80,236. This makes NC graduate earnings less than the average.

          Bottom Line

          North Carolina State University provides students with a quality education at a good value, and nearly one in every two applicants is accepted. NC State tuition is competitively priced, and half of incoming first-time students receive scholarships or grants to help pay for college.

          If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


          Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

          View your rate

          SoFi Private Student Loans
          Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
          Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

          SoFi Loan Products
          SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


          Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

          Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


          Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



          External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.



          SOISL-Q325-063

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