George Mason University - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State Virginia Resident Sticker Price

$30,669

In State Costs for George Mason University
Fee	Cost
Tuition	$9,510
Books and Supplies	$1,314
Other Fees	$3,609
Room and Board	$12,630
Other Expenses Budget	$3,606

Out of State Resident Sticker Price

$54,129

Out of State Costs for George Mason University
Fee	Cost
Tuition	$32,970
Books and Supplies	$1,314
Other Fees	$3,609
Room and Board	$12,630
Other Expenses Budget	$3,606

In-state tuition at George Mason University for undergraduate students residing in Virginia is $9,510. Room and board charges total $12,630 per year. Students will also need to budget for books and supplies, which typically amount to $1,314 annually. Other administrative or academic fees are $3,609 for the year. Additionally, students should plan an estimated $3,606 for other miscellaneous expenses throughout the year. In sum, residents attending George Mason University full time should expect a total annual cost of $30,669.

Undergraduate tuition at George Mason University is $32,970 for out-of-state students. Additionally, out-of-state students are charged $12,630 for room and board, $1,314 for textbooks and educational resources, plus fees of $3,609. Students are advised to budget $3,606 for other expenses. When these costs are combined, annual out-of-state charges total $54,129. This figure is 76.5% higher than what Virginia residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending George Mason University, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$18,285

Net Price by Income George Mason University
Family Income	Net Price Paid
$0 to $30,000	$14,781
$30,001 to $48,000	$15,979
$48,001 to $75,000	$19,066
$75,001 to $110,000	$22,013
$110,000+	$24,730

The average reported annual net price for George Mason University for students receiving grants or scholarship aid was $18,285 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

74% of full-time undergrad George Mason 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 $9,908 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 45% of students received Federal Student Loans averaging $5,182 and 8% of undergrads took out private student loans averaging $17,132.

Finanical Aid George Mason University
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$9,908	74%
Institutional Grants and Scholarships	$9,284	34%
Pell Grants	$5,058	29%
Other Federal Grants	$1,041	26%
State and Local Grants	$3,556	37%
Federal Student Loans	$5,182	45%
Other Student Loans	$17,132	8%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to George Mason University, we've modeled a ten year student loan with an original principal value of $46,636. The loan balance of $46,636 is a four year multiple of the $11,659 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 $494 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 4.99%.


Example Loan	$46,636
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$494.42
Total Interest Paid	$12,694.31
Sum of All Loan Payments	$59,330.31

Projected 4 Year Degree Price

4 Year Sticker Price

$122,676

Year	Virginia Residents	Non Residents
1	$30,669	$54,129
2	$31,645	$55,852
3	$32,653	$57,631
4	$33,693	$59,465

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at George Mason University to be $122,676 - assuming graduation in normal time. The estimation assumes a 3.2% 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 George Mason University
	Price Per Credit	3 Credit Class	4 Credit Class
Virginia Residents	$547	$1,641	$2,188
Out of State Residents	$1,524	$4,572	$6,096

Estimated cost for a class at George Mason 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 George Mason University versus other colleges.