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Annual Costs

Undergraduate Tuition

University of North Carolina at Chapel Hill tuition is $6,881 per year for in-state residents. This is 1% more expensive than the national average public four year tuition of $6,841. The cost is 61% cheaper than the average North Carolina tuition of $17,706 for 4 year colleges. Tuition ranks 21st in North Carolina amongst 4 year colleges for affordability and is the 54th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $31,963 which represents a 365% premium.

The school charges an additional fees of $1,953 in addition to tuition bringing the total effective in-state tuition to $8,834.

Housing Costs

On campus room and board is provided by the school at a cost of $11,218 per academic year. Students electing to live off campus elsewhere in Chapel Hill should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,442.

Other Living Expenses

If living on-campus, students should budget for $3,404 in additional living expenses. Off-campus students should budget for $3,404 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state North Carolina residents to go to University of North Carolina at Chapel Hill is $24,898 for the 2015/2016 academic year. Out-of-state students who don't have North Carolina residence can expect a one year cost of $49,980.

Citation: Price data from the U.S. Department of Education's 2016-2017 and 2015-2016 IPEDS survey response for University of North Carolina at Chapel Hill and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for University of North Carolina at Chapel Hill
Estimated Budgets
North Carolina Resident Total Budget $24,898
   In-State Tuition$6,881
   Other Fees$1,953
   Room and Board$11,218
   On-Campus Other Budget$3,404
   Books and Supplies$1,442
Non-Resident Total Budget $49,980
   Out-of-State Tuition$31,963
   Other Fees$1,953
   Room and Board$11,218
   On-Campus Other Budget$3,404
   Books and Supplies$1,442

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $24,898 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported University of North Carolina at Chapel Hill net price for in-state students is $10,936* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

46% of University of North Carolina at Chapel Hill students received grant aid in 2014/2015. The average total aid amount was $15,466. 22 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,283. To apply for a Pell Grant to attend University of North Carolina at Chapel Hill, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for University of North Carolina at Chapel Hill
Financial Aid Summary
Average Annual Net Price$10,936*
Percent of Students Receiving Grant Aid46%
Average Total Grant Aid$15,466
Percent of Students Receiving Pell Grants22%
Average Amount of Pell Grant Aid$4,283

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$4,431
$30,001 to $48,000$7,915
$48,001 to $75,000$12,080
$75,001 to $110,000$19,562
$110,000+$22,728

Average Financial Aid Mix - $24,898 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $24,898. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

72%
26%
2%

Grants and Scholarships

 72% - $15,466

Money granted to you by the U.S. Department of Education, University of North Carolina at Chapel Hill or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 26% - $5,581

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 2% -  $447

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Is it Worth the Cost?

To make a comparative assessment if University of North Carolina at Chapel Hill is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 95/100 for University of North Carolina at Chapel Hill. Considering an average net price paid of $11,028, this leads to an overall value ranking of 88/100. This places the school 1st on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. University of North Carolina at Chapel Hill
University of Virginia Main Campus99.8% more expensive
College of William and Mary127.8% more expensive
Georgia Institute of Technology Main Campus42.6% more expensive
United States Military Academy100% less expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at University of North Carolina at Chapel Hill.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at University of North Carolina at Chapel Hill is $99,592 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $11,028 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $44,112**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $124,490 or $55,140 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at University of North Carolina at Chapel Hill.

North Carolina Resident Tuition Per Semester$3,440
North Carolina Resident Total Cost Per Semester$12,449
Non-North Carolina Resident Tuition Per Semester$15,982
Non-North Carolina Resident Total Cost Per Semester$24,990

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at University of North Carolina at Chapel Hill are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at University of North Carolina at Chapel Hill
Price per credit hour for North Carolina residents$287
Cost for one class for North Carolina residents (3 credit hours)$861
Price per credit hour for out of state residents$1,332
Cost for one class for out of state residents (3 credit hours)$3,996
Cost for one class for out of state residents (4 credit hours)$5,328

Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 29% of University of North Carolina at Chapel Hill students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,581. The reported average student debt upon graduation is $17,602.

Example Loan Payments and Costs

How much are student loan payments for University of North Carolina at Chapel Hill? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $44,112, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $54,732.88. This could be your effective total out of pocket cost of an education at University of North Carolina at Chapel Hill. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 46% of students at this school who receive financial aid and you are paying an average annual net price of $11,028. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our University of North Carolina at Chapel Hill student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

University of North Carolina at Chapel Hill Student Loan Payments
Example Payments
Monthly Loan Payment$456.11
Amount Borrowed$44,112.00
Interest Rate4.4%
Term10 years
Number of Monthly Payments120
Total Interest Cost$10,620.88
Sum of All Payments over 10 years$54,732.88

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend University of North Carolina at Chapel Hill? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending University of North Carolina at Chapel Hill, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $54,732.88 would be needed to afford a $456.11 monthly payment in the example $44,112.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to University of North Carolina at Chapel Hill in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,128 to $6,881. This amounts to an average annual price increase of 6.8%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $99,592.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for University of North Carolina at Chapel Hill.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2022$34,241$136,962
Estimated Cost in 10 years for students enrolling in 2027$43,701$174,802
Estimated Cost in 15 years for students enrolling in 2032 $55,774$223,097
Estimated Cost in 18 years for students enrolling in 2035 $64,566$258,263

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at University of North Carolina at Chapel Hill to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Business Administration and Management, General Bachelor's Degree 368 55% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 222 47% costlier
Political Science and Government, General Bachelor's Degree 138 28% costlier
Economics, General Bachelor's Degree 98 19% costlier
History, General Bachelor's Degree 83 30% costlier
Area Studies, Other Bachelor's Degree 71 5% costlier
Romance Languages, Literatures, and Linguistics, Other Bachelor's Degree 65 0% cheaper
Elementary Education and Teaching Bachelor's Degree 54 49% costlier
Speech Communication and Rhetoric Bachelor's Degree 47 33% costlier
English Language and Literature, General Bachelor's Degree 46 32% costlier
Pharmacy, Pharmaceutical Sciences, and Administration, Other Bachelor's Degree 45 9% costlier
Psychology, General Bachelor's Degree 45 32% costlier
Environmental Science Bachelor's Degree 44 24% costlier
Health/Health Care Administration/Management Bachelor's Degree 36 63% costlier
Peace Studies and Conflict Resolution Bachelor's Degree 35 0% costlier
Sociology Bachelor's Degree 34 29% costlier
Music Performance, General Bachelor's Degree 33 33% costlier
Biology/Biological Sciences, General Bachelor's Degree 31 31% costlier
Mathematics, General Bachelor's Degree 29 29% costlier
Dental Hygiene/Hygienist Bachelor's Degree 27 42% costlier
Asian Studies/Civilization Bachelor's Degree 27 2% costlier
Health and Physical Education/Fitness, General Bachelor's Degree 26 47% costlier
Junior High/Intermediate/Middle School Education and Teaching Bachelor's Degree 25 55% costlier
Religion/Religious Studies Bachelor's Degree 24 12% costlier
Public Policy Analysis, General Bachelor's Degree 24 4% cheaper
Philosophy Bachelor's Degree 21 18% costlier
Clinical Laboratory Science/Medical Technology/Technologist Bachelor's Degree 19 48% costlier
Anthropology Bachelor's Degree 19 18% costlier
Physical Sciences, Other Bachelor's Degree 19 25% costlier
Early Childhood Education and Teaching Bachelor's Degree 18 52% costlier
Foods, Nutrition, and Wellness Studies, General Bachelor's Degree 17 43% costlier
African-American/Black Studies Bachelor's Degree 17 13% costlier
Medical Radiologic Technology/Science - Radiation Therapist Bachelor's Degree 14 44% costlier
Human Resources Management/Personnel Administration, General Bachelor's Degree 13 51% costlier
Geology/Earth Science, General Bachelor's Degree 13 28% costlier
American/United States Studies/Civilization Bachelor's Degree 12 3% costlier
Biostatistics Bachelor's Degree 12 30% costlier
Environmental Health Bachelor's Degree 12 45% costlier
Linguistics Bachelor's Degree 12 8% costlier
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 11 1% costlier
Geography Bachelor's Degree 11 43% costlier
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 10 25% costlier
Latin American Studies Bachelor's Degree 10 1% costlier
Women's Studies Bachelor's Degree 9 12% costlier
Chemistry, General Bachelor's Degree 8 27% costlier
Foreign Languages and Literatures, General Bachelor's Degree 7 33% costlier
Music, General Bachelor's Degree 7 29% costlier
Fine/Studio Arts, General Bachelor's Degree 6 23% costlier
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 6 32% costlier
European Studies/Civilization Bachelor's Degree 6 3% cheaper
Art History, Criticism and Conservation Bachelor's Degree 6 8% costlier
Physics, General Bachelor's Degree 5 21% costlier
Environmental Studies Bachelor's Degree 4 9% costlier
Applied Mathematics, General Bachelor's Degree 4 18% costlier
Radio and Television Bachelor's Degree 3 38% costlier
Archeology Bachelor's Degree 3 1% cheaper
Computer Science Bachelor's Degree 3 27% costlier
Mass Communication/Media Studies Bachelor's Degree 1 40% costlier
Comparative Literature Bachelor's Degree 1 4% cheaper
Information Science/Studies Bachelor's Degree 1 37% costlier
German Language and Literature Bachelor's Degree 1 13% costlier
Russian Studies Bachelor's Degree 1 5% cheaper
Parks, Recreation and Leisure Facilities Management, General Bachelor's Degree 1 56% costlier
Slavic, Baltic, and Albanian Languages, Literatures, and Linguistics, Other Bachelor's Degree 1 9% costlier

Calculators

Use the calculators below to formulate a college savings plan for University of North Carolina at Chapel Hill or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford University of North Carolina at Chapel Hill in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a University of North Carolina at Chapel Hill student loan.

Prepayment Option

About University of North Carolina at Chapel Hill

University of North Carolina at Chapel Hill is a four year public college located in Chapel Hill, North Carolina.  Full time enrollment is 24,070 and part time is 5,014.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
University of North Carolina at Chapel Hill
103 South Bldg Cb 9100
Chapel Hill, North Carolina
27599

For Profit / Not For Profit Status

University of North Carolina at Chapel Hill is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

University of North Carolina at Chapel Hill cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=199120 IPEDS survey data.

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