Understanding Nova Southeastern University Tuition and Costs

Choosing a university is a significant investment. Understanding the tuition, fees, and financial aid options is crucial. This article provides a detailed overview of the costs associated with attending Nova Southeastern University (NSU), including tuition, room and board, books, and other related expenses, as well as available financial aid opportunities.

The Sticker Price: Tuition and Fees

Nova Southeastern University's tuition is $40,200, which is less than the national average of $47,097. This figure represents the sticker price, which includes both tuition and fees. Fees can vary by institution and may support essential student services such as library access, gym facilities, student centers, technology resources, and campus health centers.

Total Cost of Attendance

While the sticker price provides a baseline, it's essential to consider the total cost of attendance. This includes tuition and fees, as well as expenses like food and housing, books and supplies, transportation, and personal expenses. At Nova Southeastern University, the total cost is $62,160.

Breakdown of Other Costs:

Books and Supplies: The average student at Nova Southeastern University spends about $1,300 to $2,376 per year on books and supplies. This amount can vary depending on your major and the specific classes you're taking.
Room and Board: For students living on campus, room and board averages around $12,430 annually. Off-campus housing costs can vary widely depending on location and personal preferences.
Personal Expenses: Personal expenses can amount to approximately $3,034 per year.
Transportation: Transportation costs can amount to approximately $1,458 per year.
Other fees: These generally cover costs associated with student services, facilities, and programs. At Nova Southeastern University, these additional expenses can amount to approximately $5,680 per year.

Understanding Net Price

The average net price is a college’s cost of attendance minus the grants and scholarships you receive and represent the actual amount a student pays. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. The average net price is $29,043 per year.

Financial Aid Opportunities

Fortunately, many students receive financial aid, which can significantly reduce the out-of-pocket cost. Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

In fall 2023, 67% of first-year students received need-based financial aid.

The average aid package awarded is $41,028.

Need-Based Aid:

Need-based aid considers a student's financial status. The average need-based scholarship or grant awarded to first-year students at Nova Southeastern University was $28,945. Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $4,825.

Merit-Based Aid:

Merit-based aid, also called non-need-based aid, is awarded for a specific talent or academic achievement. The average non-need-based scholarship or grant awarded to first-year students at Nova Southeastern University - excluding any athletic scholarships, if applicable - was $19,379.

Types of Need-Based Scholarships/Grants Available

Nova Southeastern University met 76% of its students’ financial aid need.

Read also: The success of Nova SBE

Financial Aid Dates

The last day to apply for financial aid or turn in related paperwork is March 15. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.

Student Loan Debt

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.

At Nova Southeastern University, the median federal loan debt among borrowers who completed their undergraduate degree is $24,250. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $257.

Additionally, 13% of graduating students at Nova Southeastern University took out private loans. Students with private loans had an average of $43,278 in private loan debt at graduation.

Average Total Indebtedness:

The average total indebtedness of the 2024 graduating class was $30,401. 51% of graduating students who have borrowed any loan type.

Scholarships

Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation.

Some students receive enough in scholarship money to cover their tuition and living expenses.

Work-Study Programs

Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job.

Begin your job search by checking whether your college has in-person or online job boards.

Tuition Guarantee Plans

Tuition at time of first enrollment guaranteed only to students making advance payment.

Important Information

The total cost of enrollment is based on a charge per credit hour. Tuition is the same for credit and audit courses. The tuition and fee rates are effective for the Fall 2025, Spring 2026 and Summer 2026 semesters. Tuition is subject to change by action of the State Board of Community Colleges. The Auxiliary Services Fee supports NOVA surface lot lighting, emergency response safety equipment, lot repair, and paving. NOVA All Access is the default way to get your course materials at NOVA. This fee appears along with your tuition and other charges. This per-credit fee covers all required textbooks (physical and digital). You can opt out of NOVA All Access beginning 30 days before the start of your session.

Non-Discrimination Policy

Nova Academy of Cosmetology Schools (hereinafter referred to as “Nova” or “the School”) is committed to providing a workplace and educational environment, as well as other benefits, programs, and activities, that are free from discrimination and harassment based on a protected characteristic, and retaliation for engaging in a protected activity. Notice or complaints of discrimination, harassment, and/or retaliation may be made by filing a report or Formal Complaint with, or give verbal notice to, the Title IX Coordinator. Anonymous reports are accepted but can give rise to a need to investigate to determine if the parties can be identified. If not, no further formal action is taken, though measures intended to protect the community may be enacted. The School tries to provide supportive measures to all Complainants, which may be impossible with an anonymous report that does not identify the Complainant. Upon receiving a report or Formal Complaint, Nova will address the matter and provide a prompt, fair and impartial investigation and resolution.

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