In 2022, tuition for full-time students at University of the Virgin Islands was $4,631 a year for in-state students and $13,892 a year for out-of-state students.
On average, college tuition rises about 3% year.
Remember, the displayed price of tuition does not always tell the full story. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college feel more doable until after graduation.
Tuition for international students at University of the Virgin Islands is $13,892 per year.
University of the Virgin Islands is a public institution, which means it offers a reduced tuition rate of $4,631 for in-state students who attend full-time.Non-VI residents can expect to pay 13,892 per year for tuition.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer reduced tuition for students who are residents of that state.
Choosing a school where you are eligible for in-state tuition can drastically reduce the overall cost of college. Don't forget to confirm your state's rules for in-state tuition. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.
University of the Virgin Islands has the same tuition for international students as for those from out of state.
International students at University of the Virgin Islands usually pay around $13,892 per year, before any scholarships, grants or other financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students with need may be eligible for the following types of financial support at University of the Virgin Islands:
•Athletic Awards •University of the Virgin Islands-specific scholarships
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; 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 the Virgin Islands.
Room and board at University of the Virgin Islands is $9,900 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining facilities.
Board costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.
There may be additional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways so that those with financial need to get help covering these fees.
The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At University of the Virgin Islands, freshman are allowed to park on campus.
The location of a college or university can impact 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 getting around in an urban area may be costly, but cities may offer more trains, busses and low-cost flight options to actually get to school. University of the Virgin Islandsis located in a small town setting in VI.
When budgeting for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for University of the Virgin Islands.
What will the cost of attending University of the Virgin Islands be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$9,900|
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, 539 of the 1,376 undergrads enrolled received financial aid.
The average financial aid package for a full-time, first-year student is around $7,644 a year. Around 53% of University of the Virgin Islands undergrads take out student loans to cover any remaining costs. University of the Virgin Islands graduates who have student loans graduate with an average of $8,500 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|University of the Virgin Islands-Specific Loans||$1,500|
|Most Common Loans for University of the Virgin Islands 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 University of the Virgin Islands 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 the Virgin Islands awarded 466 need-based scholarships to students, giving away total of $2.8 million to help students with financial need cover the cost of school. An additional $760000 thousand 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 the Virgin Islands 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 the Virgin Islands was $7,644 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 the Virgin Islands seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$2,627|
What will attending University of the Virgin Islands 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 University of the Virgin Islands'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, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
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