University of Kentucky - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Kentucky Resident Sticker Price

$31,690

In State Costs for University of Kentucky
Fee	Cost
Tuition	$11,247
Books and Supplies	$1,000
Other Fees	$1,363
Room and Board	$14,000
Other Expenses Budget	$4,080

Out of State Resident Sticker Price

$50,688

Out of State Costs for University of Kentucky
Fee	Cost
Tuition	$30,245
Books and Supplies	$1,000
Other Fees	$1,363
Room and Board	$14,000
Other Expenses Budget	$4,080

In-State Tuition

In-state tuition at University of Kentucky for undergraduate students residing in Kentucky is $11,247. Room and board charges total $14,000 per year. Students will also need to budget for books and supplies, which typically amount to $1,000 annually. Other administrative or academic fees are $1,363 for the year. Additionally, students should plan an estimated $4,080 for other miscellaneous expenses throughout the year. In sum, residents attending University of Kentucky full time should expect a total annual cost of $31,690.

Out-of-State Tuition

Undergraduate tuition at University of Kentucky is $30,245 for out-of-state students. Additionally, out-of-state students are charged $14,000 for room and board, $1,000 for textbooks and educational resources, plus fees of $1,363. Students are advised to budget $4,080 for other expenses. When these costs are combined, annual out-of-state charges total $50,688. This figure is 59.9% higher than what Kentucky residents pay.

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

Net Price

The average reported annual net price for University of Kentucky for students receiving grants or scholarship aid was $19,831 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending University of Kentucky, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$19,831

Net Price by Income University of Kentucky
Family Income	Net Price Paid
$0 to $30,000	$12,593
$30,001 to $48,000	$13,424
$48,001 to $75,000	$16,708
$75,001 to $110,000	$20,959
$110,000+	$23,946

Financial Aid

94% of full-time undergrad University of Kentucky received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,791 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 45% of students received Federal Student Loans averaging $5,329 and 10% of undergrads took out private student loans averaging $19,629.

Finanical Aid University of Kentucky
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$11,791	94%
Institutional Grants and Scholarships	$10,336	76%
Pell Grants	$4,759	23%
Other Federal Grants	$1,452	29%
State and Local Grants	$2,579	60%
Federal Student Loans	$5,329	45%
Other Student Loans	$19,629	10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Kentucky, we've modeled a ten year student loan with an original principal value of $51,664. The loan balance of $51,664 is a four year multiple of the $12,916 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 $548 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 4.99%.


Example Loan	$51,664
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$547.72
Total Interest Paid	$14,062.93
Sum of All Loan Payments	$65,726.93

Projected 4 Year Degree Price

4 Year Sticker Price

$126,760

Year	Kentucky Residents	Non Residents
1	$31,690	$50,688
2	$32,359	$51,758
3	$33,042	$52,851
4	$33,740	$53,967

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Kentucky to be $126,760 - assuming graduation in normal time. The estimation assumes a 2.1% 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 Kentucky
	Price Per Credit	3 Credit Class	4 Credit Class
Kentucky Residents	$470	$1,410	$1,880
Out of State Residents	$1,261	$3,783	$5,044

Estimated cost for a class at University of Kentucky 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 Kentucky versus other colleges.