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#5 Best Public Universities in Virginia

Mason Tuition & Cost

Fairfax, Virginia

 2 Reviews

How much does it cost to attend?

In State Virginia Resident Sticker Price
$29,978
In State Costs for George Mason University
Fee Cost
Tuition$9,510
Books and Supplies$1,278
Other Fees$3,504
Room and Board $12,090
Other Expenses Budget$3,596
Out of State Resident Sticker Price
$54,374
Out of State Costs for George Mason University
Fee Cost
Tuition$33,906
Books and Supplies$1,278
Other Fees$3,504
Room and Board $12,090
Other Expenses Budget$3,596

Residents of Virginia pay an annual total price of $29,978 to attend George Mason University on a full time basis. This fee is comprised of $9,510 for tuition, $12,090 room and board, $1,278 for books and supplies and $3,504 for other fees.

Out of state residents are charged a total cost of $54,374 which is 81.4% higher than Virginia residents. The tuition charge is $33,906 while room and board is $12,090, books and supplies are $1,278 and other fees come in at $3,504.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend George Mason University when typical grants and scholarships are considered. The net price varies by family income and 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 $445 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 $46,636
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $444.96
Total Interest Paid $6,759.07
Sum of All Loan Payments $53,395.07

Projected 4 Year Degree Price

4 Year Sticker Price
$119,912
Year Virginia Residents Non Residents
1 $29,978 $54,374
2 $31,131 $56,466
3 $32,329 $58,637
4 $33,572 $60,893

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 $119,912 - assuming graduation in normal time. The estimation assumes a 3.8% 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 $542 $1,626 $2,168
Out of State Residents $1,520 $4,560 $6,080

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.

Tuition Payment Plans Available

George Mason University 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=232186 IPEDS survey data for George Mason University.