In 2021, tuition for full-time students at The University of Virginia's College at Wise was $5,864 a year for in-state students and $24,679 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
If these numbers feel scary, remember, the advertized cost of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.
The University of Virginia's College at Wise is a public, state institution, so it offers a reduced tuition rate of $5,864 for students who qualify as state residents and attend full-time.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live in.
Explore other Virginia colleges
UVA Wise has the same tuition for international students as for those from out of state.
International students are not eligible for loans or grants from the U.S. government, but may qualify for private or UVA Wise-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at UVA Wise:
•On-campus jobs •Loans from outsideUVA Wise •Athletic Awards •UVA Wise-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at UVA Wise.
Housing and campus dining at UVA Wise is $11,593 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the school dining facilities.
Meal-plan costs can depend on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer resources so that those with demonstrated need to get help covering these costs.
The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. At UVA Wise, freshman are allowed to park on campus.
A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area could be costly, but there may be more trains, busses and affordable flights to actually get to school. The The University of Virginia's College at Wise campus is located in a small town setting in Virginia.
When you're planning for college, be sure to leave some room in your budget for personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for UVA Wise.
What will the cost of attending UVA Wise be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$11,593|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2022, 908 of the 1,905 undergrads enrolled received financial aid. UVA Wise meets 82% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $16,987 a year. Around 63.8% of UVA Wise undergrads take out student loans to cover any remaining costs. UVA Wise graduates who have student loans graduate with an average of $20,474 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for UVA Wise Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on UVA Wise financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, UVA Wise awarded 827 need-based scholarships to students, giving away total of $8.5 million to help students with financial need cover the cost of school. An additional $3.03 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for UVA Wise students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at UVA Wise was $16,987 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of UVA Wise seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$-1,255|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending UVA Wise really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the UVA Wise's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
UVA Wise has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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