Quantcast

Annual Costs

Undergraduate Tuition

Virginia State University tuition is $5,327 per year for in-state residents. This is 25% cheaper than the national average public four year tuition of $7,056. The cost is 74% cheaper than the average Virginia tuition of $20,337 for 4 year colleges. Tuition ranks 2nd in Virginia amongst 4 year colleges for affordability and is the 57th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $15,442 which represents a 190% premium.

The school charges an additional fees of $3,399 in addition to tuition bringing the total effective in-state tuition to $8,726.

Housing Costs

On campus room and board is provided by the school at a cost of $10,880 per academic year. Students electing to live off campus elsewhere in Petersburg should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,300.

Other Living Expenses

If living on-campus, students should budget for $1,675 in additional living expenses. Off-campus students should budget for $1,675 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Virginia residents to go to VSU is $22,581 for the 2017/2018 academic year. Out-of-state students who don't have Virginia residence can expect a one year cost of $32,696.

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

Costs and Tuition for Virginia State University
Estimated Budgets
Virginia Resident Total Budget $22,581
   In-State Tuition$5,327
   Other Fees$3,399
   Room and Board$10,880
   On-Campus Other Budget$1,675
   Books and Supplies$1,300
Non-Resident Total Budget $32,696
   Out-of-State Tuition$15,442
   Other Fees$3,399
   Room and Board$10,880
   On-Campus Other Budget$1,675
   Books and Supplies$1,300

Advertisement

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 $22,581 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 VSU net price for in-state students is $15,042* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

92% of Virginia State University students received grant aid in 2014/2015. The average total aid amount was $5,387. 67 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 $4,055. To apply for a Pell Grant to attend Virginia State University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Virginia State University
Financial Aid Summary
Average Annual Net Price$15,042*
Percent of Students Receiving Grant Aid92%
Average Total Grant Aid$5,387
Percent of Students Receiving Pell Grants67%
Average Amount of Pell Grant Aid$4,055

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$12,934
$30,001 to $48,000$13,739
$48,001 to $75,000$16,345
$75,001 to $110,000$17,869
$110,000+$19,512

Average Financial Aid Mix - $22,581 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $22,581. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

26%
32%
42%

Grants and Scholarships

 26% - $5,387

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

Federal Loans

 32% - $6,779

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

Out of Pocket

 42% -  $8,740

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.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. Virginia State University
Norfolk State University2.8% more expensive
Lincoln University of Pennsylvania44.1% more expensive
West Virginia State University41.7% more expensive
South Carolina State University72.9% more expensive
Gainesville State College57.3% 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 Virginia State University.

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 VSU is $90,324 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 $11,401 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $45,604**

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 $112,905 or $57,005 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 Virginia State University.

Virginia Resident Tuition Per Semester$2,664
Virginia Resident Total Cost Per Semester$11,290
Non-Virginia Resident Tuition Per Semester$7,721
Non-Virginia Resident Total Cost Per Semester$16,348

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 Virginia State University 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 Virginia State University
Price per credit hour for Virginia residents$380
Cost for one class for Virginia residents (3 credit hours)$1,140
Price per credit hour for out of state residents$842
Cost for one class for out of state residents (3 credit hours)$2,526
Cost for one class for out of state residents (4 credit hours)$3,368

Advertisements

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. 90% of Virginia State University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,779. The reported average student debt upon graduation is $28,250.

Example Loan Payments and Costs

How much are student loan payments for Virginia State University? 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 $45,604, 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 $56,584.11. This could be your effective total out of pocket cost of an education at Virginia State University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 92% of students at this school who receive financial aid and you are paying an average annual net price of $11,401. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Virginia State University 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.

Virginia State University Student Loan Payments
Example Payments
Monthly Loan Payment$471.53
Amount Borrowed$45,604.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$10,980.11
Sum of All Payments over 10 years$56,584.11

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend VSU? 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 Virginia State University, 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 $56,584.11 would be needed to afford a $471.53 monthly payment in the example $45,604.00 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 Virginia State University in the future? In the past four years, this school's published in-state tuition and fee total rose from $4,550 to $5,327. This amounts to an average annual price increase of 3.4%. 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 $90,324.00. 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 Virginia State University.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$31,054$124,217
Estimated Cost in 10 years for students enrolling in 2029$39,634$158,535
Estimated Cost in 15 years for students enrolling in 2034 $50,584$202,336
Estimated Cost in 18 years for students enrolling in 2037 $58,557$234,229

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Virginia State University 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
Physical Education Teaching and Coaching Bachelor's Degree 87 7% cheaper
Criminal Justice/Safety Studies Bachelor's Degree 71 4% cheaper
Psychology, General Bachelor's Degree 60 19% cheaper
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 54 22% cheaper
Mass Communication/Media Studies Bachelor's Degree 53 14% cheaper
Business Administration and Management, General Bachelor's Degree 50 5% cheaper
Accounting Bachelor's Degree 37 12% cheaper
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 30 19% cheaper
Information Technology Bachelor's Degree 26 4% cheaper
Biology/Biological Sciences, General Bachelor's Degree 26 19% cheaper
Sociology Bachelor's Degree 24 21% cheaper
Marketing/Marketing Management, General Bachelor's Degree 21 10% cheaper
Visual and Performing Arts, General Bachelor's Degree 18 19% cheaper
History, General Bachelor's Degree 16 20% cheaper
English Language and Literature, General Bachelor's Degree 16 19% cheaper
Political Science and Government, General Bachelor's Degree 15 21% cheaper
Agriculture, General Bachelor's Degree 11 0% cheaper
Registered Nursing/Registered Nurse Associate's Degree 11 62% costlier
Family and Consumer Economics and Related Services, Other Bachelor's Degree 10 3% cheaper
Computer Science Bachelor's Degree 10 22% cheaper
Hospitality Administration/Management, General Bachelor's Degree 10 9% cheaper
Trade and Industrial Teacher Education Bachelor's Degree 9 4% costlier
Computer Engineering, General Bachelor's Degree 9 23% cheaper
Music Performance, General Bachelor's Degree 8 18% cheaper
Public Administration Bachelor's Degree 6 4% cheaper
Mathematics, General Bachelor's Degree 6 20% cheaper
Chemistry, General Bachelor's Degree 6 21% cheaper
Mechanical Engineering Related Technologies/Technicians, Other Bachelor's Degree 6 3% cheaper
Manufacturing Engineering Bachelor's Degree 5 14% cheaper
Electrical and Electronic Engineering Technologies/Technicians, Other Bachelor's Degree 4 6% cheaper
Business/Managerial Economics Bachelor's Degree 4 18% cheaper
Business Teacher Education Bachelor's Degree 3 7% costlier
Social Work Bachelor's Degree 1 9% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Virginia State University 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 Virginia State University 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 Virginia State University student loan.

Prepayment Option

About Virginia State University

Virginia State University is a four year public college located in Petersburg, Virginia.  Full time enrollment is 4,280 and part time is 304. Learn more about getting accepted at Virginia State University at CollegeSimply.

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

Address
Virginia State University
One Hayden Drive
Petersburg, Virginia
23806

For Profit / Not For Profit Status

Virginia State University 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.

Virginia State University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=234155 IPEDS survey data.