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#14 Best Public Universities in America

UT Austin Tuition & Cost

Austin, Texas

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How much does it cost to attend?

In State Texas Resident Sticker Price
$27,728
In State Costs for The University of Texas at Austin
Fee Cost
Tuition$10,824
Books and Supplies$700
Other Fees$0
Room and Board $11,812
Other Expenses Budget$4,392
Out of State Resident Sticker Price
$55,230
Out of State Costs for The University of Texas at Austin
Fee Cost
Tuition$38,326
Books and Supplies$700
Other Fees$0
Room and Board $11,812
Other Expenses Budget$4,392

Residents of Texas pay an annual total price of $27,728 to attend The University of Texas at Austin on a full time basis. This fee is comprised of $10,824 for tuition, $11,812 room and board, $700 for books and supplies and $0 for other fees.

Out of state residents are charged a total cost of $55,230 which is 99.2% higher than Texas residents. The tuition charge is $38,326 while room and board is $11,812, books and supplies are $700 and other fees come in at $0.

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 The University of Texas at Austin when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$15,502
Net Price by Income The University of Texas at Austin
Family Income Net Price Paid
$0 to $30,000$12,203
$30,001 to $48,000$13,575
$48,001 to $75,000$15,757
$75,001 to $110,000$20,454
$110,000+$24,670

The average reported annual net price for The University of Texas at Austin for students receiving grants or scholarship aid was $15,502 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

46% of full-time undergrad The University of Texas at Austin received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,724 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 38% of students received Federal Student Loans averaging $3,908 and 1% of undergrads took out private student loans averaging $10,809.

Finanical Aid The University of Texas at Austin
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $10,724 46%
Institutional Grants and Scholarships $5,158 39%
Pell Grants $4,769 23%
Other Federal Grants $1,434 0%
State and Local Grants $6,842 27%
Federal Student Loans $3,908 38%
Other Student Loans $10,809 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to The University of Texas at Austin, we've modeled a ten year student loan with an original principal value of $58,516. The loan balance of $58,516 is a four year multiple of the $14,629 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 $558 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 $58,516
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $558.31
Total Interest Paid $8,480.86
Sum of All Loan Payments $66,996.86

Projected 4 Year Degree Price

4 Year Sticker Price
$110,912
Year Texas Residents Non Residents
1 $27,728 $55,230
2 $28,289 $56,347
3 $28,861 $57,487
4 $29,445 $58,649

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at The University of Texas at Austin to be $110,912 - 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 The University of Texas at Austin
Price Per Credit 3 Credit Class 4 Credit Class
Texas Residents $500 $1,500 $2,000
Out of State Residents $1,729 $5,187 $6,916

Estimated cost for a class at The University of Texas at Austin 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 The University of Texas at Austin versus other colleges.

Tuition Payment Plans Available

The University of Texas at Austin 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=228778 IPEDS survey data for The University of Texas at Austin.