Understanding Snead State Community College Tuition and Costs
Snead State Community College, situated in Boaz, Alabama, is a public institution offering associate degrees and certifications across 18 majors. This article breaks down the tuition costs, fees, financial aid options, and other expenses associated with attending Snead State.
Tuition Costs
Tuition at Snead State is determined by the number of credit hours required for each program of study. Each course within a program is assigned a credit hour value, and the total number of credit hours needed varies by program. For the academic year 2023, the median undergraduate tuition at Snead State Community College is $3,810. This is significantly lower than the national average for Associate Colleges, which stands at $8,253. The cost of tuition at Snead State Community College is $4,443 less than the national average for Associates Colleges.
Additional Mandatory Fees
It is important to note that Snead State Community College assesses charges to student accounts for tuition and required fees. Aviation and Nursing students are billed for program specific fees where applicable.
Other Student Expenses
Beyond tuition, students should budget for additional expenses, including:
- Room and Board: For students living in dormitories, room and board costs were $6,125 in 2023.
- Books and Supplies: The average cost of books and supplies was $2,250 in 2023.
- Other Expenses: Students living on-campus should budget for $3,024 in additional living expenses.
Average Net Price
The average net price, which factors in grants and loans, was $6,435 in 2023. This represents a 16.1% increase from 2022. The net price calculation considers full-time beginning undergraduate students who received grant or scholarship aid from federal, state, local governments, or the institution.
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Financial Aid
In 2023, 66% of undergraduate students at Snead State Community College received financial aid through grants, while 12% received aid through loans. This represents a 5.71% decline compared to 2022, when 70% of undergraduates received financial aid.
Student Loan Default Rate
In 2022, the default rate for borrowers at Snead State Community College was 0%, with 0 out of 280 total borrowers defaulting.
Enrollment Statistics
In 2023, Snead State Community College had a total enrollment of 2,767 students, with 996 full-time and 1,771 part-time students. This means that 36% of students are enrolled full-time. The student population is predominantly White (70.4%), followed by Hispanic or Latino (17.8%), Black or African American (6.32%), and Two or More Races (3.65%).
Graduation and Completion Rates
In 2023, 32% of students completed their program within the "normal time". 40% completed their degrees within 150% of the normal time, and 43% within 200%. The retention rate for full-time undergraduates at Snead State Community College was 69%, higher than the average of 64% at similar Associates Colleges.
Degrees Awarded
In 2023, Snead State Community College awarded 706 degrees across all undergraduate and graduate programs. Women received 57.6% of these degrees, while men received 42.4%. The most common race/ethnicity group among degree recipients was White (504 degrees), which is 3.65 times more than Hispanic or Latino (138 degrees). The most common associates degree concentration at Snead State Community College was General Studies with 252 degrees awarded.
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Endowment and Expenditures
Snead State Community College's endowment was valued at nearly $2.57M as of the end of the 2023 fiscal year. In 2023, the college had a total salary expenditure of $23M.
Additional Information from 2020-2021
In the academic year 2020-2021:
- In-state tuition and fees were $5,344.
- Out-of-state tuition and fees were $9,280.
Net Price and Financial Aid Details
The average reported annual net price for students receiving grants or scholarship aid was $6,435. 74% of full-time undergraduates received financial aid, averaging $6,745 per student. The average Pell Grant awarded was $6,180.
Student Loan Considerations
A ten-year student loan with an original principal value of $12,870 could require a monthly repayment of $146. It is recommended that students borrow an amount they can repay using 10% of their monthly income after graduation.
Campus and Academic Information
Snead State Community College is located in a town, with a total enrollment of 2,006 students. The school operates on a semester-based academic year, with a student-faculty ratio of 20-to-1. The school has an open admissions policy.
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