How Much Does It Cost For 4 Years At The University Of Texas?

A public research university founded 138 years ago in 1883 in Austin, Texas, is formally known as the University of Texas. It is one of the oldest and the largest institutions in Texas, with 40,048 undergraduate and 10,428 graduate students, a total of 50,476 students, and 3,800 (approx) staff in the academic year 2020-2021. The University offers more than 170 streams for bachelor’s degrees in its 12 schools and colleges. The most asked questions on the internet are about the total cost for four years at the University of Texas. Being a highly valued University, people think its cost of living is also high. The University of Texas is recognized as one of the values in high education evaluating the academic quality and cost. In this article, let’s see about, How Much Does It Cost For 4 Years At The University Of Texas?

How Much Does It Cost For 4 Years At The University Of Texas?

How Much Does It Cost For 4 Years At The University Of Texas?

Cost of admission to the University of Texas at Austin in 2022

The cost to attend the University of Texas at Austin for four years depends on the course or degree that you have chosen. 

Tuition 

The flat-rate tuition* The fee cost of the University of Texas is assessed each semester depending on your college, 4 year program, residential status, hours enrolled, and the entry timing. The students who enter the University in the summer get a 15 percent discount on the tuition fee from the fall/spring rate. 

*The flat-rate tuition fee means the cost of all the academic programs. It includes curricular, extracurricular activities, units, and credits fees.  

Current Tuition and Admission Fee Rate

The tuition fee for the University of Texas, Austin, is $11,752 for the residential student in Texas, and for the non-residential students, it is $40,996. The graduate school tuition and fee for a residential student is $12,050, and for out-of-state students is $22,944. 

In 2022, around 49% of full-time enrolled undergraduate students received a scholarship with an average grant amount of $10,643. After getting the financial aid, the net price for the residential student of Texas, is $19,145 and for out-of-state students is $48,389 including tuition, admission fee, living costs, and books & supplies costs.

@Note: 

  • The tuition fee excludes books & supplies costs and living costs. 
  • All the costs mentioned above are in dollars and per semester wise. 

Tuition, fees, and living cost analysis for 2022

For Undergraduate students

For Undergraduate students, for the 2021-2022 academic year, the tuition and fee at the University of Texas at Austin are $11,752 (per semester) for residents and $40,996 (per semester) for non-residents. For the 2022-2023 academic year, estimated tuition and fee for undergraduates were $12,064 (per semester) for Texas resident students and $41,983 (per semester) for non-resident students. The rate of tuition and fee for residents has increased by 2.66%. For out-of-state students, it has increased by 2.42% compared to the previous year.The Living cost for both the on-campus and off-campus has increased by 3.26% from the previous year. 

For Graduate students

For Graduate students, for the 2021-2022 academic year, the tuition and fee at the University of Texas at Austin were $12,050 (per semester) for residents and $22,944 (per semester) for non-residents. For the 2022-2023 academic year, estimated tuition and fee for undergraduates were $12,072 (per semester) for Texas resident students and $23,000 (per semester) for non-resident students. The rate of tuition and fee for residents has increased by 0.18%. For out-of-state students, it has increased by 0.25% compared to the previous year.The Living cost for both the on-campus and off-campus has increased by 3.26% from the previous year. 

Cost of enrollment Per Credit hour 

The University of Texas at Austin also has a different cost rate for its graduate and undergraduate students. 

UNDERGRADUATE- 

  • YEAR (2020-2021): For in-state students it costs $542 and $1,795 costs for out-of-state students. 
  • YEAR (2021-2022): For in-state students it costs $556 and $1,838 costs for out-of-state students. 
  • YEAR (2022-2023): For in-state students it costs $570 and $1,882 costs for out-of-state students. 

GRADUATE- 

  • YEAR (2020-2021): For in-state students it costs $659 and $228 costs for out-of-state students. 
  • YEAR (2020-2021): For in-state students it costs $660 and $1,231 costs for out-of-state students. 
  • YEAR (2020-2021): For in-state students it costs $661 and $1,234 costs for out-of-state students. 

Tuition for four years at the University of Texas at Austin

Class of 2026 (Admission- Fall 2022)

  1. Residency: In-state:
  •  Freshman- $12,038
  • Sophomore- $12,330
  • Junior- $12,629
  • Senior- $12,939 

TOTAL= $49,993 

 2- Residency: Out-of-state:

  •  Freshman- $41,850
  • Sophomore- $42,772
  • Junior- $43,612
  • Senior- $44,520

TOTAL= $172,704

Conclusion

The University of Texas at Austin is one of the largest high education Universities in Texas, United States. Around 50,476 students got admitted this year to the University. For the year 2022, the paying of tuition, admission fee, and cost of living has increased from the previous year. As compared to other Universities, the University of Texas, Austin, is still cheaper. So, you can say it has value in high education, academic quality and cost.