$31,424

Tuition

$46,908

Cost of Attendance

$24,255

Net Price

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Otterbein University Tuition and Fees

Otterbein University is a prominent educational institution known for offering a range of undergraduate, postgraduate, and doctoral programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at OU is quite moderate compared to the expense of education at most institutions. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Otterbein University comes to around $32,474, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $11,186, $1,330, and $4,337, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$31,874$31,874
Book & Supplies$1,302$1,302
Room & Board cost$10,958$10,958
Other Expenses$2,774$2,774
Total Cost of Attendance$46,908$46,908

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. For students attending the university, the total tuition and fees for one year add up to about $32,474. Apart from that, they should also pay an average amount of $1,330 toward books and supplies, $9,080 for room and boarding charges, and $4,337 toward other expenses in a year. So, the overall cost of attending OU comes out to be about $47,221 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$24,255

Family Income

Avg. Net Price

$0 to $30,000

$17,489

$30,001 to $48,000

$18,662

$48,001 to $75,000

$23,883

$75,001 to $110,000

$26,122

$110,000+

$26,694

The net price of attending Otterbein University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $23,732 at OU. For students with a family income below $30,000, the estimated net price is $17,028, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $17,236. On the other hand, an estimated net cost of $23,443 is charged for the $48,001-$75,000 income bracket, $24,656 for the $75,001-$110,000 income category, and $26,477 for an annual family income more than $110,000.

Student Loans

Example Loans

$90,496

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$939

Total interest paid

$22,202

Sum of Loan Payments

$112,698

To have a realistic understanding of how much it will cost to study at Otterbein University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $90,496 for example. This will result in a $11,270 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $112,698 which is $22,202 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$31,874$31,874
Room & Board Cost$10,958$10,958
Total Tuition & Fees$42,832$42,832

At Otterbein University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $32,474 in a year. Alongside that, they will likewise need to shell out around $9,080 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at OU adds up to $47,221.

Graduate Tuition and Fees

In-stateOut-State
Tuition$591$591
Fees$350$350

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at OU, the amount totals around $945. Of this amount, $595 accounts for the graduate tuition and the remaining $350 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$591
Undergraduate2018 - 2019$564

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend OU. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $15 and for undergraduate courses, it stands at $249. Also, Otterbein University currently offers a number of online courses to students across 87 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$10,958$6,652
Other Expense$2,774$5,900
Book & Supplies$1,302$1,302

Now, coming to the lodging and related expenses at OU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $13,960 per year, while students have to pay $12,874 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $11,186 per year, while the amount charged for off-campus candidates stands at $6,974. In addition to that, the candidates will have to pay an amount of about $1,330 for books and supplies. Aside from these, the other expenses that students should plan for add up to $2,774 for on-campus candidates and $5,900 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,958

Off Campus

$6,652

Housing & Other Expenses

Other Expenses

On Campus

$2,774

Off Campus

$5,900

Housing & Other Expenses

Book & Supplies

On Campus

$1,302

Off Campus

$1,302

Now, coming to the lodging and related expenses at OU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $13,960 per year, while students have to pay $12,874 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $11,186 per year, while the amount charged for off-campus candidates stands at $6,974. In addition to that, the candidates will have to pay an amount of about $1,330 for books and supplies. Aside from these, the other expenses that students should plan for add up to $2,774 for on-campus candidates and $5,900 for students who are off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Doctorate $31,874 NA

Otterbein University offers 1 online programs across 1 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at OU are projected to cost around $236,403 as per official data. To note, the total expenses for undergraduate students stood at $23,732 for 2018-2019, $24,226 for 2017-2018, and $24,402 for 2016-2017.

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