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University of Alaska Fairbanks Tuition & Cost

Fairbanks, Alaska

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How much does it cost to attend?

In State Alaska Resident Sticker Price
$22,170
In State Costs for University of Alaska Fairbanks
Fee Cost
Tuition$5,352
Books and Supplies$2,000
Other Fees$1,728
Room and Board $10,440
Other Expenses Budget$2,650
Out of State Resident Sticker Price
$35,754
Out of State Costs for University of Alaska Fairbanks
Fee Cost
Tuition$18,936
Books and Supplies$2,000
Other Fees$1,728
Room and Board $10,440
Other Expenses Budget$2,650

Residents of Alaska pay an annual total price of $22,170 to attend University of Alaska Fairbanks on a full time basis. This fee is comprised of $5,352 for tuition, $10,440 room and board, $2,000 for books and supplies and $1,728 for other fees.

Out of state residents are charged a total cost of $35,754 which is 61.3% higher than Alaska residents. The tuition charge is $18,936 while room and board is $10,440, books and supplies are $2,000 and other fees come in at $1,728.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend University of Alaska Fairbanks when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$9,643
Net Price by Income University of Alaska Fairbanks
Family Income Net Price Paid
$0 to $30,000$7,133
$30,001 to $48,000$7,341
$48,001 to $75,000$10,729
$75,001 to $110,000$14,970
$110,000+$16,353

The average reported annual net price for University of Alaska Fairbanks for students receiving grants or scholarship aid was $9,643 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

78% of full-time undergrad University of Alaska Fairbanks received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,409 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 28% of students received Federal Student Loans averaging $5,242 and 5% of undergrads took out private student loans averaging $11,887.

Finanical Aid University of Alaska Fairbanks
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,409 78%
Institutional Grants and Scholarships $4,876 42%
Pell Grants $4,679 31%
Other Federal Grants $375 10%
State and Local Grants $5,131 60%
Federal Student Loans $5,242 28%
Other Student Loans $11,887 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Alaska Fairbanks, we've modeled a ten year student loan with an original principal value of $42,448. The loan balance of $42,448 is a four year multiple of the $10,612 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $405 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $42,448
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $405.00
Total Interest Paid $6,152.09
Sum of All Loan Payments $48,600.09

Projected 4 Year Degree Price

4 Year Sticker Price
$88,680
Year Alaska Residents Non Residents
1 $22,170 $35,754
2 $23,419 $37,768
3 $24,738 $39,895
4 $26,131 $42,142

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Alaska Fairbanks to be $88,680 - assuming graduation in normal time. The estimation assumes a 5.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Alaska Fairbanks
Price Per Credit 3 Credit Class 4 Credit Class
Alaska Residents $246 $738 $984
Out of State Residents $812 $2,436 $3,248

Estimated cost for a class at University of Alaska Fairbanks based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Alaska Fairbanks versus other colleges.

Tuition Payment Plans Available

University of Alaska Fairbanks Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=102614 IPEDS survey data for University of Alaska Fairbanks.