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#14 Best Private Colleges in Virginia

SVU Tuition & Cost

Buena Vista, Virginia

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How much does it cost to attend?

Sticker Price
$31,470
Costs for Southern Virginia University
Fee Cost
Tuition$17,696
Books and Supplies$1,500
Other Fees$0
Room and Board $8,774
Other Expenses Budget$3,500

Annual Prices

The annual list price to attend Southern Virginia University on a full time basis for 2020/2021 is $31,470 for all students regardless of their residency. This fee is comprised of $17,696 for tuition, $8,774 room and board, $1,500 for books and supplies and $0 for other fees. Out of state tuition for Southern Virginia University is $17,696, the same as Virginia residents.

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 Southern Virginia University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$22,496
Net Price by Income Southern Virginia University
Family Income Net Price Paid
$0 to $30,000$18,273
$30,001 to $48,000$18,650
$48,001 to $75,000$20,081
$75,001 to $110,000$21,819
$110,000+$24,927

The average reported annual net price for Southern Virginia University for students receiving grants or scholarship aid was $22,496 in 2019/2020. 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

99% of full-time undergrad Southern Virginia 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 $7,424 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 $6,860 and 7% of undergrads took out private student loans averaging $11,997.

Finanical Aid Southern Virginia University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,424 99%
Institutional Grants and Scholarships $5,090 97%
Pell Grants $4,688 41%
Other Federal Grants $892 5%
State and Local Grants $3,126 15%
Federal Student Loans $6,860 60%
Other Student Loans $11,997 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Southern Virginia University, we've modeled a ten year student loan with an original principal value of $70,772. The loan balance of $70,772 is a four year multiple of the $17,693 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 $675 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 $70,772
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $675.24
Total Interest Paid $10,257.15
Sum of All Loan Payments $81,029.15

Projected 4 Year Degree Price

4 Year Sticker Price
$125,880
Year All Residents
1 $31,470
2 $32,651
3 $33,876
4 $35,148

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Southern Virginia University to be $125,880 - 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 Southern Virginia University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $795 $2,385 $3,180

Estimated cost for a class at Southern Virginia 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 Southern Virginia University versus other colleges.

Tuition Payment Plans Available

Southern Virginia 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=233611 IPEDS survey data for Southern Virginia University.