In 2022, tuition for full-time University of Alaska Anchorage students was $6,768 a year for in-state students and $20,352 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
Remember, the advertized cost of tuition does not always give you all the info you need to know how much you will actually have to pay for college. Many students owe a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college feel more doable until you've finishing school and found a job.
University of Alaska Anchorage is a public, state institution, so it offers a reduced tuition rate of $6,768 for students who qualify as state residents and attend full-time.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a college where you qualify for the reduced tuition offered to state residentscan drastically reduce the total cost of attending college. Don't forget to verify your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on the state you and your parents currently reside in.
University of Alaska Anchorage has the same tuition for international students as for those from out of state.
International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or University of Alaska Anchorage-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at University of Alaska Anchorage:
•University of Alaska Anchorage-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at University of Alaska Anchorage.
Room and board at University of Alaska Anchorage costs $12,665 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the school dining facilities.
Meal-plan costs can depend on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources so that those who may struggle to participate because of cost can get help covering these costs.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your transportation budget.
Where are a college is located can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area can be pricey, but there may be more buses, trains or low-cost flight options to actually get to school. The University of Alaska Anchorage campus is located in a urban setting in Alaska.
When you're planning for college, don’t forget to consider the cost of things 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 go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for University of Alaska Anchorage.
What will the cost of attending University of Alaska Anchorage be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
---|---|
In-state Tuition | $6,768 |
Out-of-State Tuition | $20,352 |
Room and Board | $12,665 |
Other expenses | $5,862 |
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, 1,845 of the 10,342 undergrads enrolled received financial aid. University of Alaska Anchorage meets 64% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $11,301 a year. Around 38% of University of Alaska Anchorage undergrads take out student loans to cover any remaining costs. University of Alaska Anchorage graduates who have student loans graduate with an average of $25,964 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $23,650 |
State Loans | $13,655 |
Private Loans | $16,636 |
Most Common Loans for University of Alaska Anchorage Students | |
---|---|
Federal Loans | 37% |
State loans | 4% |
Private loans | 4% |
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 University of Alaska Anchorage 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, University of Alaska Anchorage awarded 1,617 need-based scholarships to students, giving away total of $27.5 million to help students with financial need cover the cost of school. An additional $6.46 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 University of Alaska Anchorage 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 University of Alaska Anchorage was $11,301 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Alaska Anchorage seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $3,293 |
Net In-state, Off-campus | $-3,933 |
Out-of-State, On-Campus | $28,178 |
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 University of Alaska Anchorage 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the University of Alaska Anchorage'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 offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
University of Alaska Anchorage 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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Tuition & Fees
$22,400
In State$39,380
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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