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Annual Costs

Undergraduate Tuition

The University of Texas at Austin tuition is $10,398 per year for in-state residents. This is 47% more expensive than the national average public four year tuition of $7,056. The cost is 32% cheaper than the average Texas tuition of $15,399 for 4 year colleges. Tuition ranks 45th in Texas amongst 4 year colleges for affordability and is the 48th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $36,744 which represents a 253% premium.

Housing Costs

On campus room and board is provided by the school at a cost of $10,070 per academic year. Students electing to live off campus elsewhere in Austin should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $662.

Other Living Expenses

If living on-campus, students should budget for $4,310 in additional living expenses. Off-campus students should budget for $4,310 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Texas residents to go to UT Austin is $25,440 for the 2017/2018 academic year. Out-of-state students who don't have Texas residence can expect a one year cost of $51,786.

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

Costs and Tuition for The University of Texas at Austin
Estimated Budgets
Texas Resident Total Budget $25,440
   In-State Tuition$10,398
   Other Fees$0
   Room and Board$10,070
   On-Campus Other Budget$4,310
   Books and Supplies$662
Non-Resident Total Budget $51,786
   Out-of-State Tuition$36,744
   Other Fees$0
   Room and Board$10,070
   On-Campus Other Budget$4,310
   Books and Supplies$662

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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 $25,440 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 UT Austin net price for in-state students is $16,832* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

53% of The University of Texas at Austin students received grant aid in 2014/2015. The average total aid amount was $8,933. 25 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 $4,466. To apply for a Pell Grant to attend The University of Texas at Austin, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for The University of Texas at Austin
Financial Aid Summary
Average Annual Net Price$16,832*
Percent of Students Receiving Grant Aid53%
Average Total Grant Aid$8,933
Percent of Students Receiving Pell Grants25%
Average Amount of Pell Grant Aid$4,466

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$10,696
$30,001 to $48,000$12,335
$48,001 to $75,000$16,295
$75,001 to $110,000$21,737
$110,000+$24,614

Average Financial Aid Mix - $25,440 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $25,440. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

42%
26%
32%

Grants and Scholarships

 42% - $8,933

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

Federal Loans

 26% - $5,479

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

Out of Pocket

 32% -  $6,718

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 UT Austin 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 92/100 for The University of Texas at Austin. Considering an average net price paid of $14,629, this leads to an overall value ranking of 81/100. This places the school 28th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

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 The University of Texas at Austin.

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 UT Austin is $101,760 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 $14,629 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $58,516**

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 $127,200 or $73,145 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 The University of Texas at Austin.

Texas Resident Tuition Per Semester$5,199
Texas Resident Total Cost Per Semester$12,720
Non-Texas Resident Tuition Per Semester$18,372
Non-Texas Resident Total Cost Per Semester$25,893

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 The University of Texas at Austin 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 The University of Texas at Austin
Price per credit hour for Texas residents$483
Cost for one class for Texas residents (3 credit hours)$1,449
Price per credit hour for out of state residents$1,693
Cost for one class for out of state residents (3 credit hours)$5,079
Cost for one class for out of state residents (4 credit hours)$6,772

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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. 38% of The University of Texas at Austin students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,479. The reported average student debt upon graduation is $25,300.

Example Loan Payments and Costs

How much are student loan payments for The University of Texas at Austin? 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 $58,516, 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 $72,604.94. This could be your effective total out of pocket cost of an education at The University of Texas at Austin. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 53% of students at this school who receive financial aid and you are paying an average annual net price of $14,629. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our The University of Texas at Austin 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.

The University of Texas at Austin Student Loan Payments
Example Payments
Monthly Loan Payment$605.04
Amount Borrowed$58,516.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$14,088.94
Sum of All Payments over 10 years$72,604.94

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend UT Austin? 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 The University of Texas at Austin, 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 $72,604.94 would be needed to afford a $605.04 monthly payment in the example $58,516.00 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 The University of Texas at Austin in the future? In the past four years, this school's published in-state tuition and fee total rose from $9,790 to $10,398. This amounts to an average annual price increase of 1.2%. 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 $101,760.00. 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 The University of Texas at Austin.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$34,986$139,944
Estimated Cost in 10 years for students enrolling in 2029$44,652$178,608
Estimated Cost in 15 years for students enrolling in 2034 $56,988$227,954
Estimated Cost in 18 years for students enrolling in 2037 $65,971$263,885

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at The University of Texas at Austin 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
Biology/Biological Sciences, General Bachelor's Degree 668 28% costlier
Political Science and Government, General Bachelor's Degree 432 24% costlier
Psychology, General Bachelor's Degree 376 28% costlier
Economics, General Bachelor's Degree 370 16% costlier
English Language and Literature, General Bachelor's Degree 310 29% costlier
Finance, General Bachelor's Degree 304 39% costlier
History, General Bachelor's Degree 286 27% costlier
Speech Communication and Rhetoric Bachelor's Degree 276 30% costlier
Radio and Television Bachelor's Degree 255 34% costlier
Accounting Bachelor's Degree 253 39% costlier
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 246 24% costlier
Electrical and Electronics Engineering Bachelor's Degree 245 23% costlier
Advertising Bachelor's Degree 237 33% costlier
Mechanical Engineering Bachelor's Degree 221 22% costlier
Marketing/Marketing Management, General Bachelor's Degree 214 42% costlier
Mathematics, General Bachelor's Degree 201 26% costlier
Sociology Bachelor's Degree 189 26% costlier
Public Relations/Image Management Bachelor's Degree 186 31% costlier
Journalism Bachelor's Degree 183 34% costlier
Computer and Information Sciences, General Bachelor's Degree 178 40% costlier
Biochemistry Bachelor's Degree 162 11% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 147 44% costlier
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 145 29% costlier
Human Development and Family Studies, General Bachelor's Degree 139 40% costlier
Chemical Engineering Bachelor's Degree 132 13% costlier
Spanish Language and Literature Bachelor's Degree 126 20% costlier
Petroleum Engineering Bachelor's Degree 121 36% costlier
Foods, Nutrition, and Wellness Studies, General Bachelor's Degree 117 40% costlier
Civil Engineering, General Bachelor's Degree 115 22% costlier
Business/Commerce, General Bachelor's Degree 107 37% costlier
Kinesiology and Exercise Science Bachelor's Degree 106 35% costlier
Chemistry, General Bachelor's Degree 104 24% costlier
Anthropology Bachelor's Degree 100 15% costlier
Management Information Systems, General Bachelor's Degree 97 41% costlier
Aerospace, Aeronautical and Astronautical/Space Engineering Bachelor's Degree 89 14% costlier
Communication Sciences and Disorders, General Bachelor's Degree 88 44% costlier
Geography Bachelor's Degree 85 40% costlier
Fine/Studio Arts, General Bachelor's Degree 82 20% costlier
Social Work Bachelor's Degree 79 44% costlier
Bioengineering and Biomedical Engineering Bachelor's Degree 77 1% costlier
Apparel and Textiles, General Bachelor's Degree 66 40% costlier
Philosophy Bachelor's Degree 65 15% costlier
Logistics, Materials, and Supply Chain Management Bachelor's Degree 61 42% costlier
Sport and Fitness Administration/Management Bachelor's Degree 57 38% costlier
Architecture Bachelor's Degree 55 9% costlier
Business Administration and Management, General Bachelor's Degree 54 50% costlier
Visual and Performing Arts, General Bachelor's Degree 52 28% costlier
Writing, General Bachelor's Degree 48 25% costlier
Physics, General Bachelor's Degree 44 18% costlier
Music, General Bachelor's Degree 42 25% costlier
Linguistics Bachelor's Degree 40 4% costlier
East Asian Languages, Literatures, and Linguistics Bachelor's Degree 38 8% cheaper
Public Health Education and Promotion Bachelor's Degree 36 44% costlier
American/United States Studies/Civilization Bachelor's Degree 35 0% cheaper
French Language and Literature Bachelor's Degree 35 12% costlier
Urban Studies/Affairs Bachelor's Degree 31 11% costlier
Geology/Earth Science, General Bachelor's Degree 31 25% costlier
Architectural Engineering Bachelor's Degree 30 22% costlier
Art History, Criticism and Conservation Bachelor's Degree 25 5% costlier
Latin American Studies Bachelor's Degree 23 2% cheaper
Music Performance, General Bachelor's Degree 23 30% costlier
Near and Middle Eastern Studies Bachelor's Degree 21 13% cheaper
Religion/Religious Studies Bachelor's Degree 20 9% costlier
Asian Studies/Civilization Bachelor's Degree 20 1% cheaper
Design and Visual Communications, General Bachelor's Degree 18 31% costlier
HEALTH PROFESSIONS AND RELATED PROGRAMS Bachelor's Degree 17 36% costlier
Health and Physical Education/Fitness, General Bachelor's Degree 17 43% costlier
Hydrology and Water Resources Science Bachelor's Degree 17 18% costlier
Athletic Training/Trainer Bachelor's Degree 13 37% costlier
European Studies/Civilization Bachelor's Degree 13 6% cheaper
Family and Consumer Sciences/Human Sciences, General Bachelor's Degree 12 63% costlier
Interior Design Bachelor's Degree 12 34% costlier
Ethnic Studies Bachelor's Degree 12 6% costlier
Astronomy Bachelor's Degree 11 0% cheaper
Dance, General Bachelor's Degree 10 14% costlier
Humanities/Humanistic Studies Bachelor's Degree 10 21% costlier
Art/Art Studies, General Bachelor's Degree 9 32% costlier
Clinical Laboratory Science/Medical Technology/Technologist Bachelor's Degree 9 45% costlier
Ancient Studies/Civilization Bachelor's Degree 7 9% cheaper
Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree 6 2% cheaper
German Language and Literature Bachelor's Degree 6 10% costlier
Geophysics and Seismology Bachelor's Degree 5 7% costlier
Latin Language and Literature Bachelor's Degree 5 1% cheaper
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 5 22% costlier
Islamic Studies Bachelor's Degree 4 12% cheaper
Arabic Language and Literature Bachelor's Degree 3 14% costlier
Archeology Bachelor's Degree 3 3% cheaper
Russian Studies Bachelor's Degree 3 8% cheaper
Italian Language and Literature Bachelor's Degree 3 1% cheaper
Russian Language and Literature Bachelor's Degree 3 1% cheaper
Portuguese Language and Literature Bachelor's Degree 2 10% costlier
Ethnic, Cultural Minority, Gender, and Group Studies, Other Bachelor's Degree 2 5% costlier
Jewish/Judaic Studies Bachelor's Degree 2 5% costlier
Czech Language and Literature Bachelor's Degree 2 9% costlier
Jazz/Jazz Studies Bachelor's Degree 2 11% costlier
Women's Studies Bachelor's Degree 2 9% costlier
International/Global Studies Bachelor's Degree 2 18% costlier
Mathematics and Computer Science Bachelor's Degree 1 8% costlier
Iranian Languages, Literatures, and Linguistics Bachelor's Degree 1 2% costlier
Music Management Bachelor's Degree 1 31% costlier
Geological and Earth Sciences/Geosciences, Other Bachelor's Degree 1 11% costlier
Biological and Physical Sciences Bachelor's Degree 1 28% costlier
Hebrew Language and Literature Bachelor's Degree 1 22% costlier
Music Technology Bachelor's Degree 1 11% costlier

Calculators

Use the calculators below to formulate a college savings plan for The University of Texas at Austin 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 The University of Texas at Austin 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 The University of Texas at Austin student loan.

Prepayment Option

About The University of Texas at Austin

The University of Texas at Austin is a four year public college located in Austin, Texas.  Full time enrollment is 47,516 and part time is 3,815. Learn more about getting accepted at The University of Texas at Austin at CollegeSimply.

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

Address
The University of Texas at Austin
2400 Inner Campus Drive
Austin, Texas
78712

For Profit / Not For Profit Status

The University of Texas at Austin 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.

The University of Texas at Austin cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=228778 IPEDS survey data.