$34,400

Tuition

$47,918

Cost of Attendance

$23,978

Net Price

Averett University Tuition and Fees

Averett University is known for offering a wide range of undergraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at AU is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $35,600, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $10,560, the charges for books and supplies and other expenses stand at $1,000 and $2,873, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$34,520$34,520
Book & Supplies$1,000$1,000
Room & Board cost$9,976$9,976
Other Expenses$2,422$2,422
Total Cost of Attendance$47,918$47,918

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. What's more, at Averett University, the total tuition and fees for the enrolled students come out to be around $35,600 in a year. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $7,628 for room and boarding charges, and $2,873 toward other expenses on average in a year. So, the overall cost of attending AU comes out to be about $47,101 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$23,978

Family Income

Avg. Net Price

$0 to $30,000

$20,354

$30,001 to $48,000

$5,585

$48,001 to $75,000

$22,915

$75,001 to $110,000

$24,418

$110,000+

$27,807

The net price of attending Averett University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $24,013 at AU. For students with a family income below $30,000, the estimated net price is $21,385, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $18,417. Meanwhile, the net price stands at $21,481 for the $48,001-$75,000 income bracket and at $25,357 for an income between $75,001 and $110,000. This amount adds up to $29,184 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$73,668

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$765

Total interest paid

$18,074

Sum of Loan Payments

$91,742

To have a realistic understanding of how much it will cost to study at Averett University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $73,668 for example. This will result in a $9,174 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $91,742 which is $18,074 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$34,520$34,520
Room & Board Cost$9,976$9,976
Total Tuition & Fees$44,496$44,496

At Averett University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $35,600 per year. Alongside that, they will likewise need to shell out around $7,628 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at AU adds up to $47,101.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$1,435

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Averett University varies for graduate and undergraduate courses. At AU, the cost per credit hour for graduate courses is $273. Also, Averett University currently offers a number of online courses to students across 53 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$9,976$4,590
Other Expense$2,422$3,198
Book & Supplies$1,000$1,000

As far as the housing and related charges at AU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $13,036 per year for on-campus housing and $7,966 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $10,560 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $4,696. On the other hand, the charges toward books and supplies come to around $1,000. The other expenses that students should plan for come to around $2,476 for on-campus candidates and $3,270 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,976

Off Campus

$4,590

Housing & Other Expenses

Other Expenses

On Campus

$2,422

Off Campus

$3,198

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

As far as the housing and related charges at AU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $13,036 per year for on-campus housing and $7,966 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $10,560 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $4,696. On the other hand, the charges toward books and supplies come to around $1,000. The other expenses that students should plan for come to around $2,476 for on-campus candidates and $3,270 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $17,892 $497
Bachelors $57,600 $480

Averett University offers 10 online programs across 4 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at AU are projected to cost around $237,284 as per official data. Notably, the total expenses for undergraduate students amounted to $24,013 in 2018-2019, $23,978 in 2017-2018, and $22,592 in 2016-2017.

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