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students at the Maverick Activities Center

Average Cost

The U.S. Department of Education requires each institution that participates in federal financial aid programs to determine the annual nine-month cost of attendance at that particular institution. These figures are used to calculate eligibility for financial aid programs and are based on average costs incurred by students attending that particular institution. The categories used to calculate the cost of attendance are outlined in federal regulation.

For the 2017-2018 academic year (2017 fall and 2018 spring terms), the average cost of attendance for a full-time student paying the in-state tuition rate is:

 UndergraduateGraduate
Tuition and Fees*: $9,952 $9,128
Books and Supplies: $1,206 $1,206
Room and Board**: $8,924 $10,344
Transportation: $2,894 $2,894
Personal/Miscellaneous: $1,684 $1,810
Total$24,660$25,382

*Tuition and fees for Accelerated Online programs vary by program.
**This figure is for students living on or off campus but not with parent(s) or other relative(s). For undergraduate students living with parent(s) or relative(s), the annual room and board allowance is $4,414.

To determine the average amount of tuition and fees for students paying non-resident tuition and fees, undergraduate students should add approximately $14,450 to the tuition and fees listed above. Graduate students paying the non-resident tuition and fee rate should add approximately $9,300 to the tuition and fees listed above.

These figures are to be used for planning purposes only and are not reflective of actual tuition and fees incurred by an individual student. The figures may also be used in the self-certification process for private student loans.

Calculating your financial need

The information you report on your FAFSA is used to calculate your Expected Family Contribution (EFC). Your EFC is calculated according to a formula established by law and is not the amount of money your family will have to pay for college, nor is it the amount of aid you will receive. It is a number used by the Office of Financial Aid to calculate how much aid you are eligible to receive.

The amount of financial need you have determines which financial aid programs you are eligible for. Your financial need is calculated using the formula below:

Cost of Attendance (COA) – Expected Family Contribution (EFC)= Financial Need

Watch the video below to learn more about how financial aid offices calculate financial need.