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Colleges / University of Alaska Fairbanks

University of Alaska Fairbanks

Fairbanks, AK 4-Year Public
Acceptance Rate65%
Acceptance Rate65%

University of Alaska Fairbanks Tuition Information

In 2022, tuition for full-time students at University of Alaska Fairbanks was $8,670 a year for in-state students and $25,650 a year for out-of-state students.

On average, college tuition rises about 3% year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until you're done with college.

International students can expect to pay 25,650 per year for tuition at University of Alaska Fairbanks.

In-state vs. Out-of-state Tuition at University of Alaska Fairbanks

University of Alaska Fairbanks is a public, state institution, so it offers a reduced tuition rate of $8,670 for in-state students who attend full-time. For non-Alaska residents, out-of-state tuition is $25,650 a year.

Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Alaska residents.

Attending a college where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's guidelines for how to qualify 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 as well, depending on the state you and your parents currently reside in.

Explore other Alaska colleges

University of Alaska Fairbanks International Student Tuition

University of Alaska Fairbanks has the same tuition for international students as for those from out of state.

International students at University of Alaska Fairbanks usually pay around $25,650 per year, before any scholarships, grants or other financial aid.

International students are not eligible for federal financial aid, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.. International students who demonstrate financial need may qualify for the following types of financial support at University of Alaska Fairbanks:

•On-campus jobs •Athletic Awards •University of Alaska Fairbanks-specific scholarships •International Students Tuition Waivers

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.


University of Alaska Fairbanks Living Expenses, Fees, and More


In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at University of Alaska Fairbanks.

Room and Board Costs at University of Alaska Fairbanks

Room and board at University of Alaska Fairbanks costs $10,540 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat all or some of your meals the University of Alaska Fairbanks's on-campus cafeterias and dining halls. Students who do not live on-campus but still want to use the dining facilities can choose to be on a meal plan. The cost of board-only is $3,600.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at University of Alaska Fairbanks?

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 materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools offer resources so that those with demonstrated need to find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at University of Alaska Fairbanks

The total cost of getting around 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 questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is sometimes expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. University of Alaska Fairbanksis in a small town setting in Alaska.

Other Costs

When creating a budget for college, don’t forget to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.


The Full Cost of Attending University of Alaska Fairbanks


Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to University of Alaska Fairbanks.

Total Cost of University of Alaska Fairbanks

What will the cost of attending University of Alaska Fairbanks be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
In-state Tuition $8,670
Out-of-State Tuition $25,650
Room and Board $10,540
Board Only $5,390
Other expenses $2,250

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.

University of Alaska Fairbanks’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students •Course load for both full and part-time students •Course level for both full and part-time students


University of Alaska Fairbanks Financial Aid


In 2022, 1,235 of the 5,892 undergrads enrolled received financial aid. University of Alaska Fairbanks meets 49.2% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $9,787 a year. Around 44.44% of University of Alaska Fairbanks undergrads take out student loans to cover any remaining costs. University of Alaska Fairbanks graduates who have student loans graduate with an average of $26,718 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $22,228
State Loans $26,100
Private Loans $17,375
Most Common Loans for University of Alaska Fairbanks Students
Federal Loans 43.68%
State loans 5.75%
Private loans 3.83%

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 Fairbanks financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Alaska Fairbanks

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 Fairbanks awarded 1,071 need-based scholarships to students, giving away total of $11.9 million to help students with financial need cover the cost of school. An additional $4.91 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of Alaska Fairbanks

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 Fairbanks 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 Fairbanks was $9,787 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 Fairbanks seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus $6,003
Net In-state, Off-campus $10,640
Out-of-State, On-Campus $32,770

What will attending University of Alaska Fairbanks 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 Fairbanks's net cost calculator on their website.

University of Alaska Fairbanks Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

University of Alaska Fairbanks offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does University of Alaska Fairbanks Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

University of Alaska Fairbanks has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.


Learn More About University of Alaska Fairbanks


To learn more about University of Alaska Fairbanks, choose from the options below:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about University of Alaska Fairbanks

University of Alaska Fairbanks Tuition & Fees

Tuition & Fees

$21,509

In State

$38,489

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$6,690
$23,670
Fees
$1,913
$1,913
Housing
$10,906
$10,906
Books
$2,000
$2,000

University of Alaska Fairbanks Financial Aid

Students Who Receive Need-Based Aid

46%

Average Financial Aid Package

$9,543

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

6,879

Campus Setting

Small Town

Acceptance Rate

65%

Tuition and Fees

In State

$8,603

Out-of-State

$25,583

Fall Freshmen
Application Deadline

Jun 15
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