G
Public 4 Year

GVSU Tuition & Cost

Allendale, Michigan

 3 Reviews

How much does it cost to attend?

In State Michigan Resident Sticker Price
$25,756
In State Costs for Grand Valley State University
Fee Cost
Tuition$13,244
Books and Supplies$740
Other Fees$0
Room and Board $9,732
Other Expenses Budget$2,040
Out of State Resident Sticker Price
$31,356
Out of State Costs for Grand Valley State University
Fee Cost
Tuition$18,844
Books and Supplies$740
Other Fees$0
Room and Board $9,732
Other Expenses Budget$2,040

Residents of Michigan pay an annual total price of $25,756 to attend Grand Valley State University on a full time basis. This fee is comprised of $13,244 for tuition, $9,732 room and board, $740 for books and supplies and $0 for other fees.

Out of state residents are charged a total cost of $31,356 which is 21.7% higher than Michigan residents. The tuition charge is $18,844 while room and board is $9,732, books and supplies are $740 and other fees come in at $0.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
$16,865
Net Price by Income Grand Valley State University
Family Income Net Price Paid
$0 to $30,000$10,259
$30,001 to $48,000$11,026
$48,001 to $75,000$15,277
$75,001 to $110,000$19,603
$110,000+$21,248

The average reported annual net price for Grand Valley State University for students receiving grants or scholarship aid was $16,865 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

89% of full-time undergrad Grand Valley 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 $7,944 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 56% of students received Federal Student Loans averaging $5,317 and 7% of undergrads took out private student loans averaging $11,845.

Finanical Aid Grand Valley State University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,944 89%
Institutional Grants and Scholarships $6,304 74%
Pell Grants $4,495 25%
Other Federal Grants $1,195 33%
State and Local Grants $1,060 9%
Federal Student Loans $5,317 56%
Other Student Loans $11,845 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Grand Valley State University, we've modeled a ten year student loan with an original principal value of $55,680. The loan balance of $55,680 is a four year multiple of the $13,920 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 $531 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 $55,680
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $531.25
Total Interest Paid $8,069.83
Sum of All Loan Payments $63,749.83

Projected 4 Year Degree Price

4 Year Sticker Price
$103,024
Year Michigan Residents Non Residents
1 $25,756 $31,356
2 $26,609 $32,394
3 $27,490 $33,467
4 $28,400 $34,575

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Grand Valley State University to be $103,024 - assuming graduation in normal time. The estimation assumes a 3.3% 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 Grand Valley State University
Price Per Credit 3 Credit Class 4 Credit Class
Michigan Residents $570 $1,710 $2,280
Out of State Residents $805 $2,415 $3,220

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

Tuition Payment Plans Available

Grand Valley State University 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=170082 IPEDS survey data for Grand Valley State University.