Annual Costs

Undergraduate Tuition

University of Alaska Fairbanks tuition is $5,088 per year for in-state residents. This is 29% cheaper than the national average public four year tuition of $7,203. The cost is 56% cheaper than the average Alaska tuition of $11,644 for 4 year colleges. Tuition ranks 1st in Alaska amongst 4 year colleges for affordability and is the 6th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $18,024 which represents a 254% premium.

The school charges an additional fees of $1,569 in addition to tuition bringing the total effective in-state tuition to $6,657.

Housing Costs

On campus room and board is provided by the school at a cost of $8,974 per academic year. Students electing to live off campus elsewhere in Fairbanks should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $2,000.

Other Living Expenses

If living on-campus, students should budget for $2,650 in additional living expenses. Off-campus students should budget for $4,250 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Alaska residents to go to University of Alaska Fairbanks is $20,281 for the 2018/2019 academic year. Out-of-state students who don't have Alaska residence can expect a one year cost of $33,217.

Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for University of Alaska Fairbanks and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for University of Alaska Fairbanks
Estimated Budgets
Alaska Resident Total Budget $20,281
   In-State Tuition$5,088
   Other Fees$1,569
   Room and Board$8,974
   On-Campus Other Budget$2,650
   Books and Supplies$2,000
Non-Resident Total Budget $33,217
   Out-of-State Tuition$18,024
   Other Fees$1,569
   Room and Board$8,974
   On-Campus Other Budget$2,650
   Books and Supplies$2,000


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 $20,281 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 Alaska Fairbanks net price for in-state students is $9,010* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

77% of University of Alaska Fairbanks students received grant aid in 2014/2015. The average total aid amount was $7,457. 26 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 $4,145. To apply for a Pell Grant to attend University of Alaska Fairbanks, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for University of Alaska Fairbanks
Financial Aid Summary
Average Annual Net Price$9,010*
Percent of Students Receiving Grant Aid77%
Average Total Grant Aid$7,457
Percent of Students Receiving Pell Grants26%
Average Amount of Pell Grant Aid$4,145

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$7,349
$30,001 to $48,000$8,213
$48,001 to $75,000$9,990
$75,001 to $110,000$14,037

Average Financial Aid Mix - $20,281 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $20,281. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 42% - $7,457

Money granted to you by the U.S. Department of Education, University of Alaska Fairbanks or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 29% - $5,094

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

Out of Pocket

 29% -  $5,080

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.

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 Alaska Fairbanks.

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 Alaska Fairbanks is $81,124 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 $10,612 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $42,448**

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 $101,405 or $53,060 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 Alaska Fairbanks.

Alaska Resident Tuition Per Semester$2,544
Alaska Resident Total Cost Per Semester$10,140
Non-Alaska Resident Tuition Per Semester$9,012
Non-Alaska Resident Total Cost Per Semester$16,608

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 Alaska Fairbanks 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 Alaska Fairbanks
Price per credit hour for Alaska residents$234
Cost for one class for Alaska residents (3 credit hours)$702
Price per credit hour for out of state residents$773
Cost for one class for out of state residents (3 credit hours)$2,319
Cost for one class for out of state residents (4 credit hours)$3,092


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. 26% of University of Alaska Fairbanks students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,094. The reported average student debt upon graduation is $30,115.

Example Loan Payments and Costs

How much are student loan payments for University of Alaska Fairbanks? 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 $42,448, 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 $52,668.23. This could be your effective total out of pocket cost of an education at University of Alaska Fairbanks. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 77% of students at this school who receive financial aid and you are paying an average annual net price of $10,612. 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 Alaska Fairbanks 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 Alaska Fairbanks Student Loan Payments
Example Payments
Monthly Loan Payment$438.90
Amount Borrowed$42,448.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$10,220.23
Sum of All Payments over 10 years$52,668.23

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend University of Alaska Fairbanks? 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 Alaska Fairbanks, 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 $52,668.23 would be needed to afford a $438.90 monthly payment in the example $42,448.00 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 Alaska Fairbanks in the future? In the past four years, this school's published in-state tuition and fee total rose from $4,950 to $5,088. This amounts to an average annual price increase of 0.6%. 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 $81,124.00. 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 Alaska Fairbanks.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$27,891$111,564
Estimated Cost in 10 years for students enrolling in 2030$35,597$142,388
Estimated Cost in 15 years for students enrolling in 2035 $45,432$181,727
Estimated Cost in 18 years for students enrolling in 2038 $52,593$210,371

Tuition History

What was tuition at University of Alaska Fairbanks five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearIn-StateOut-of-stateAnnual Increase
2012$5,115$16,755 7.6%
2011$4,755$15,345 -12.1%
2010$5,408$15,488 4.5%
2009$5,173$14,593 7.4%
2008$4,818$13,788 6.2%
2007$4,538$12,908 9.2%
2006$4,156$11,776 -4.6%
2005$4,355$11,285 13.1%
2004$3,850$9,580 7%
2003$3,597$8,817 3.5%
2002$3,477$8,547 1.7%
2001$3,420$8,340 3.2%
2000$3,313$8,083 4.2%
1999$3,178$7,798 1.9%
1998$3,120$7,620 3.1%
1997$3,025$7,435 3.4%
1996$2,926$7,246 17.6%
1995$2,488$5,972 11.9%
1994$2,224$5,552 9.6%
1993$2,030$5,046 11.5%
1992$1,820$4,420 9.6%
1991$1,660$4,104 9.8%
1990$1,512$3,540 13.5%
1989$1,332$3,156 20.7%
1988$1,104$2,656 16.5%

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at University of Alaska Fairbanks 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
Liberal Arts and Sciences/Liberal Studies Associate's Degree 65 50% costlier
Psychology, General Bachelor's Degree 47 18% cheaper
Biology/Biological Sciences, General Bachelor's Degree 44 18% cheaper
Civil Engineering, General Bachelor's Degree 27 22% cheaper
Elementary Education and Teaching Bachelor's Degree 27 6% cheaper
Industrial Production Technologies/Technicians, Other Associate's Degree 25 74% costlier
Fire Science/Fire-fighting Associate's Degree 25 81% costlier
Corrections and Criminal Justice, Other Bachelor's Degree 23 1% costlier
Accounting Bachelor's Degree 20 11% cheaper
Petroleum Engineering Bachelor's Degree 20 12% cheaper
Mechanical Engineering Bachelor's Degree 19 22% cheaper
Computer Installation and Repair Technology/Technician Associate's Degree 19 62% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 18 21% cheaper
English Language and Literature, General Bachelor's Degree 16 17% cheaper
Business Administration and Management, General Associate's Degree 16 54% costlier
Foreign Languages and Literatures, General Bachelor's Degree 15 17% cheaper
Accounting Technology/Technician and Bookkeeping Associate's Degree 14 70% costlier
Social Work Bachelor's Degree 13 8% cheaper
History, General Bachelor's Degree 13 19% cheaper
Art/Art Studies, General Bachelor's Degree 12 15% cheaper
Sociology Bachelor's Degree 12 19% cheaper
Political Science and Government, General Bachelor's Degree 12 20% cheaper
Early Childhood Education and Teaching Associate's Degree 11 74% costlier
Geography Bachelor's Degree 11 10% cheaper
Medical/Clinical Assistant Associate's Degree 11 63% costlier
Legal Assistant/Paralegal Associate's Degree 11 64% costlier
Anthropology Bachelor's Degree 10 26% cheaper
Natural Resources and Conservation, Other Bachelor's Degree 9 18% cheaper
Wildlife, Fish and Wildlands Science and Management Bachelor's Degree 9 1% cheaper
Mental and Social Health Services and Allied Professions, Other Associate's Degree 8 82% costlier
Chemistry, General Bachelor's Degree 8 20% cheaper
Electrical and Electronics Engineering Bachelor's Degree 8 21% cheaper
Speech Communication and Rhetoric Bachelor's Degree 8 16% cheaper
Journalism Bachelor's Degree 7 14% cheaper
Geological/Geophysical Engineering Bachelor's Degree 7 22% cheaper
Technical Theatre/Theatre Design and Technology Bachelor's Degree 7 23% cheaper
Economics, General Bachelor's Degree 7 26% cheaper
Fishing and Fisheries Sciences and Management Bachelor's Degree 6 7% cheaper
Geology/Earth Science, General Bachelor's Degree 6 20% cheaper
Mathematics, General Bachelor's Degree 6 19% cheaper
Computer and Information Sciences, General Bachelor's Degree 6 10% cheaper
Dental Hygiene/Hygienist Associate's Degree 6 70% costlier
Construction Management Associate's Degree 5 71% costlier
Natural Sciences Associate's Degree 5 52% costlier
Child Development Bachelor's Degree 4 2% cheaper
Japanese Language and Literature Bachelor's Degree 4 37% cheaper
Music, General Bachelor's Degree 4 20% cheaper
Area Studies, Other Bachelor's Degree 3 34% cheaper
Philosophy Bachelor's Degree 3 26% cheaper
Mining and Mineral Engineering Bachelor's Degree 3 12% cheaper
Aircraft Powerplant Technology/Technician Associate's Degree 3 71% costlier
Computer Engineering, General Bachelor's Degree 3 22% cheaper
Culinary Arts/Chef Training Associate's Degree 2 63% costlier
Airline/Commercial/Professional Pilot and Flight Crew Associate's Degree 2 61% costlier
Physics, General Bachelor's Degree 2 25% cheaper
Foreign Languages, Literatures, and Linguistics, Other Bachelor's Degree 2 27% cheaper
Russian Studies Bachelor's Degree 2 41% cheaper
Education, Other Bachelor's Degree 2 12% cheaper
Public Health, General Associate's Degree 1 45% costlier
Community Organization and Advocacy Associate's Degree 1 48% costlier
Dental Assisting/Assistant Associate's Degree 1 68% costlier
Computer Science Bachelor's Degree 1 21% cheaper
Science Technologies/Technicians, Other Associate's Degree 1 58% costlier
American Indian/Native American Languages, Literatures, and Linguistics Associate's Degree 1 83% costlier


Use the calculators below to formulate a college savings plan for University of Alaska Fairbanks 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 Alaska Fairbanks 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 Alaska Fairbanks student loan.

Prepayment Option

About University of Alaska Fairbanks

University of Alaska Fairbanks is a four year public college located in Fairbanks, Alaska.  Full time enrollment is 3,237 and part time is 4,167.  University of Alaska Fairbanks has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about University of Alaska Fairbanks at CollegeSimply.

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

University of Alaska Fairbanks
505 South Chandalar Drive
Fairbanks, Alaska

For Profit / Not For Profit Status

University of Alaska Fairbanks 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 Alaska Fairbanks cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=102614 IPEDS survey data.