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UT Permian Basin Tuition & Cost

Odessa, Texas

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How much does it cost to attend?

In State Texas Resident Sticker Price
$21,142
In State Costs for The University of Texas of the Permian Basin
Fee Cost
Tuition$4,867
Books and Supplies$1,000
Other Fees$1,799
Room and Board $9,846
Other Expenses Budget$3,630
Out of State Resident Sticker Price
$21,982
Out of State Costs for The University of Texas of the Permian Basin
Fee Cost
Tuition$5,707
Books and Supplies$1,000
Other Fees$1,799
Room and Board $9,846
Other Expenses Budget$3,630

Residents of Texas pay an annual total price of $21,142 to attend The University of Texas of the Permian Basin on a full time basis. This fee is comprised of $4,867 for tuition, $9,846 room and board, $1,000 for books and supplies and $1,799 for other fees.

Out of state residents are charged a total cost of $21,982 which is 4% higher than Texas residents. The tuition charge is $5,707 while room and board is $9,846, books and supplies are $1,000 and other fees come in at $1,799.

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 of the Permian Basin when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$9,769
Net Price by Income The University of Texas of the Permian Basin
Family Income Net Price Paid
$0 to $30,000$7,889
$30,001 to $48,000$10,221
$48,001 to $75,000$10,417
$75,001 to $110,000$10,923
$110,000+$15,299

The average reported annual net price for The University of Texas of the Permian Basin for students receiving grants or scholarship aid was $9,769 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

86% of full-time undergrad The University of Texas of the Permian Basin received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,003 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 39% of students received Federal Student Loans averaging $4,847 and 3% of undergrads took out private student loans averaging $8,822.

Finanical Aid The University of Texas of the Permian Basin
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,003 86%
Institutional Grants and Scholarships $4,007 71%
Pell Grants $5,357 41%
Other Federal Grants $1,192 2%
State and Local Grants $5,092 36%
Federal Student Loans $4,847 39%
Other Student Loans $8,822 3%

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 of the Permian Basin, we've modeled a ten year student loan with an original principal value of $25,424. The loan balance of $25,424 is a four year multiple of the $6,356 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 $243 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 $25,424
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $242.57
Total Interest Paid $3,684.76
Sum of All Loan Payments $29,108.76

Projected 4 Year Degree Price

4 Year Sticker Price
$84,568
Year Texas Residents Non Residents
1 $21,142 $21,982
2 $22,021 $22,896
3 $22,938 $23,849
4 $23,892 $24,841

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 of the Permian Basin to be $84,568 - assuming graduation in normal time. The estimation assumes a 4.2% 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 of the Permian Basin
Price Per Credit 3 Credit Class 4 Credit Class
Texas Residents $203 $609 $812
Out of State Residents $238 $714 $952

Estimated cost for a class at The University of Texas of the Permian Basin 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 of the Permian Basin versus other colleges.

Tuition Payment Plans Available

The University of Texas of the Permian Basin Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=229018 IPEDS survey data for The University of Texas of the Permian Basin.