Albany State University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Georgia Resident Sticker Price

$21,730

In State Costs for Albany State University
Fee	Cost
Tuition	$4,146
Books and Supplies	$1,497
Other Fees	$1,907
Room and Board	$10,580
Other Expenses Budget	$3,600

Out of State Resident Sticker Price

$33,110

Out of State Costs for Albany State University
Fee	Cost
Tuition	$15,526
Books and Supplies	$1,497
Other Fees	$1,907
Room and Board	$10,580
Other Expenses Budget	$3,600

Residents of Georgia pay an annual total price of $21,730 to attend Albany State University on a full time basis. This fee is comprised of $4,146 for tuition, $10,580 room and board, $1,497 for books and supplies and $1,907 for other fees.

Out of state residents are charged a total cost of $33,110 which is 52.4% higher than Georgia residents. The tuition charge is $15,526 while room and board is $10,580, books and supplies are $1,497 and other fees come in at $1,907.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020

$13,678

Net Price by Income Albany State University
Family Income	Net Price Paid
$0 to $30,000	$12,480
$30,001 to $48,000	$13,170
$48,001 to $75,000	$15,842
$75,001 to $110,000	$17,254
$110,000+	$18,489

The average reported annual net price for Albany State University for students receiving grants or scholarship aid was $13,678 in 2019/2020. 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

97% of full-time undergrad Albany State University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,795 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 83% of students received Federal Student Loans averaging $5,965 and 6% of undergrads took out private student loans averaging $7,922.

Finanical Aid Albany State University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$6,795	97%
Institutional Grants and Scholarships	$5,194	16%
Pell Grants	$5,387	84%
Other Federal Grants	$589	85%
State and Local Grants	$3,438	22%
Federal Student Loans	$5,965	83%
Other Student Loans	$7,922	6%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Albany State University, we've modeled a ten year student loan with an original principal value of $35,820. The loan balance of $35,820 is a four year multiple of the $8,955 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 $342 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	$35,820
Stafford Loan Interest Rate	2.75%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$341.76
Total Interest Paid	$5,191.48
Sum of All Loan Payments	$41,011.48

Projected 4 Year Degree Price

4 Year Sticker Price

$86,920

Year	Georgia Residents	Non Residents
1	$21,730	$33,110
2	$22,018	$33,549
3	$22,311	$33,995
4	$22,607	$34,446

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Albany State University to be $86,920 - assuming graduation in normal time. The estimation assumes a 1.3% 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 Albany State University
	Price Per Credit	3 Credit Class	4 Credit Class
Georgia Residents	$169	$507	$676
Out of State Residents	$616	$1,848	$2,464

Estimated cost for a class at Albany State University 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 Albany State University versus other colleges.