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

How much does it cost to attend?

In State Kentucky Resident Sticker Price

$30,204

In State Costs for University of Louisville
Fee	Cost
Tuition	$12,174
Books and Supplies	$1,200
Other Fees	$196
Room and Board	$9,852
Other Expenses Budget	$6,782

Out of State Resident Sticker Price

$46,550

Out of State Costs for University of Louisville
Fee	Cost
Tuition	$28,520
Books and Supplies	$1,200
Other Fees	$196
Room and Board	$9,852
Other Expenses Budget	$6,782

In-State Tuition

In-state tuition at University of Louisville for undergraduate students residing in Kentucky is $12,174. Room and board charges total $9,852 per year. Students will also need to budget for books and supplies, which typically amount to $1,200 annually. Other administrative or academic fees are $196 for the year. Additionally, students should plan an estimated $6,782 for other miscellaneous expenses throughout the year. In sum, residents attending University of Louisville full time should expect a total annual cost of $30,204.

Out-of-State Tuition

Undergraduate tuition at University of Louisville is $28,520 for out-of-state students. Additionally, out-of-state students are charged $9,852 for room and board, $1,200 for textbooks and educational resources, plus fees of $196. Students are advised to budget $6,782 for other expenses. When these costs are combined, annual out-of-state charges total $46,550. This figure is 54.1% 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 Louisville for students receiving grants or scholarship aid was $17,894 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 Louisville, 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

$17,894

Net Price by Income University of Louisville
Family Income	Net Price Paid
$0 to $30,000	$13,431
$30,001 to $48,000	$13,725
$48,001 to $75,000	$17,380
$75,001 to $110,000	$20,122
$110,000+	$22,004

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Financial Aid

97% of full-time undergrad University of Louisville received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $11,709 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 43% of students received Federal Student Loans averaging $5,185 and 7% of undergrads took out private student loans averaging $14,430.

Finanical Aid University of Louisville
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$11,709	97%
Institutional Grants and Scholarships	$9,085	77%
Pell Grants	$4,655	35%
Other Federal Grants	$1,243	42%
State and Local Grants	$2,763	75%
Federal Student Loans	$5,185	43%
Other Student Loans	$14,430	7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Louisville, we've modeled a ten year student loan with an original principal value of $48,676. The loan balance of $48,676 is a four year multiple of the $12,169 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 $516 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	$48,676
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$516.05
Total Interest Paid	$13,249.59
Sum of All Loan Payments	$61,925.59

Projected 4 Year Degree Price

4 Year Sticker Price

$120,816

Year	Kentucky Residents	Non Residents
1	$30,204	$46,550
2	$30,808	$47,480
3	$31,423	$48,429
4	$32,051	$49,397

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Louisville to be $120,816 - assuming graduation in normal time. The estimation assumes a 2% 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 Louisville
	Price Per Credit	3 Credit Class	4 Credit Class
Kentucky Residents	$508	$1,524	$2,032
Out of State Residents	$1,189	$3,567	$4,756

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