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Private 4 Year

Southwest University of Visual Arts-Albuquerque Tuition & Cost

Albuquerque, New Mexico

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How much does it cost to attend?

Sticker Price
$43,644
Costs for Southwest University of Visual Arts Albuquerque
Fee Cost
Tuition$22,488
Books and Supplies$1,000
Other Fees$100
Estimated Off Campus Cost of Living $12,660
Other Expenses Budget$7,396

Annual Prices

The annual list price to attend Southwest University of Visual Arts Albuquerque on a full time basis for 2018/2019 is $43,644 for all students regardless of their residency. This fee is comprised of $22,488 for tuition, $12,660 room and board, $1,000 for books and supplies and $100 for other fees. Out of state tuition for Southwest University of Visual Arts Albuquerque is $22,488, the same as New Mexico residents.

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 Southwest University of Visual Arts Albuquerque when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$36,411
Net Price by Income Southwest University of Visual Arts Albuquerque
Family Income Net Price Paid
$0 to $30,000$35,397
$30,001 to $48,000$36,747
$48,001 to $75,000$38,269
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Southwest University of Visual Arts Albuquerque for students receiving grants or scholarship aid was $36,411 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Southwest University of Visual Arts Albuquerque received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,081 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 100% of students received Federal Student Loans averaging $10,559.

Finanical Aid Southwest University of Visual Arts Albuquerque
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,081 100%
Institutional Grants and Scholarships $1,000 14%
Pell Grants $5,762 86%
Other Federal Grants $0 0%
State and Local Grants $0 0%
Federal Student Loans $10,559 100%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Southwest University of Visual Arts Albuquerque, we've modeled a ten year student loan with an original principal value of $163,616. The loan balance of $163,616 is a four year multiple of the $40,904 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 $1,561 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 $163,616
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,561.08
Total Interest Paid $23,713.25
Sum of All Loan Payments $187,329.25

Projected 4 Year Degree Price

4 Year Sticker Price
$174,576
Year All Residents
1 $43,644
2 $46,699
3 $49,968
4 $53,466

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Southwest University of Visual Arts Albuquerque to be $174,576 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Southwest University of Visual Arts Albuquerque
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $937 $2,811 $3,748

Estimated cost for a class at Southwest University of Visual Arts Albuquerque 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 Southwest University of Visual Arts Albuquerque versus other colleges.

Tuition Payment Plans Available

Southwest University of Visual Arts Albuquerque Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=402776 IPEDS survey data for Southwest University of Visual Arts Albuquerque.