#7 Best Public Universities in Ohio

University of Akron Tuition & Cost

Akron, Ohio

 3 Reviews

How much does it cost to attend?

In State Ohio Resident Sticker Price
In State Costs for University of Akron Main Campus
Fee Cost
Books and Supplies$1,000
Other Fees$2,265
Room and Board $12,296
Other Expenses Budget$2,520
Out of State Resident Sticker Price
Out of State Costs for University of Akron Main Campus
Fee Cost
Books and Supplies$1,000
Other Fees$2,265
Room and Board $12,296
Other Expenses Budget$2,520

Residents of Ohio pay an annual total price of $27,452 to attend University of Akron Main Campus on a full time basis. This fee is comprised of $9,371 for tuition, $12,296 room and board, $1,000 for books and supplies and $2,265 for other fees.

Out of state residents are charged a total cost of $33,581 which is 22.3% higher than Ohio residents. The tuition charge is $15,500 while room and board is $12,296, books and supplies are $1,000 and other fees come in at $2,265.

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 University of Akron Main Campus when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income University of Akron Main Campus
Family Income Net Price Paid
$0 to $30,000$14,816
$30,001 to $48,000$15,803
$48,001 to $75,000$18,630
$75,001 to $110,000$20,582

The average reported annual net price for University of Akron Main Campus for students receiving grants or scholarship aid was $17,351 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

90% of full-time undergrad University of Akron Main Campus received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,218 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 60% of students received Federal Student Loans averaging $5,301 and 10% of undergrads took out private student loans averaging $12,627.

Finanical Aid University of Akron Main Campus
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,218 90%
Institutional Grants and Scholarships $5,348 76%
Pell Grants $4,550 40%
Other Federal Grants $746 14%
State and Local Grants $1,620 30%
Federal Student Loans $5,301 60%
Other Student Loans $12,627 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Akron Main Campus, we've modeled a ten year student loan with an original principal value of $58,404. The loan balance of $58,404 is a four year multiple of the $14,601 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 $557 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 $58,404
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $557.24
Total Interest Paid $8,464.63
Sum of All Loan Payments $66,868.63

Projected 4 Year Degree Price

4 Year Sticker Price
Year Ohio Residents Non Residents
1 $27,452 $33,581
2 $27,932 $34,168
3 $28,420 $34,765
4 $28,916 $35,372

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Akron Main Campus to be $109,808 - assuming graduation in normal time. The estimation assumes a 1.7% 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 Akron Main Campus
Price Per Credit 3 Credit Class 4 Credit Class
Ohio Residents $390 $1,170 $1,560
Out of State Residents $646 $1,938 $2,584

Estimated cost for a class at University of Akron Main Campus 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 Akron Main Campus versus other colleges.

Tuition Payment Plans Available

University of Akron Main Campus 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=200800 IPEDS survey data for University of Akron Main Campus.