College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford The University of Texas at Austin?

Concerned about paying for college? Take a look at UT Austin’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $14,877 & $57,512

Worried about paying the full cost of $57,512 to attend The University of Texas at Austin? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Texas, the university offers a discount of 71.4% off tuition and fees. Also, 46.0% of freshmen receive some form of financial aid, with the average amount totaling $10,724. Students from low-income families receive an average of $14,051 in aid during their first year.

Cost for Residents of Texas (no aid)

Tuition and fees$11,448
+ Room and board$12,286
+ Other expenses$5,194
Total cost$28,928
Affordability Score (42 out of 100)
more expensive
less expensive

Net Price for Residents of Texas (with average aid)

Total cost$28,928
- Grants and scholarships$10,724
Net price$18,204
Affordability Score (51 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Texas

Total cost$28,928
- Grants and scholarships$14,051
Net price$14,877
Affordability Score (56 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$40,032
+ Room and board$12,286
+ Other expenses$5,194
Total cost$57,512
Affordability Score (10 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$57,512
- Grants and scholarships$10,724
Net price$46,788
Affordability Score (1 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$57,512
- Grants and scholarships$14,051
Net price$43,461
Affordability Score (1 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at UT Austin.

Projected Costs Between $79,721 and $341,631 For a Four Year Degree. Between $36,745 and $167,283 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend The University of Texas at Austin in 2020 - 2021 was $28,928. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.2% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $29,638 during their first year. By their senior year, that cost will be approximately $30,736, for a bachelor degree candidate ($30,000 for an associate degree candidate) for a total of $120,740 over the course of four years ($59,638 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $247,386 based on a yearly growth rate of 2.1%. The expected two-year cost is $121,135.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at The University of Texas at Austin

Cost With Interest for Residents of Texas

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.6%1.2%
Freshman year$17,601$19,167$29,638
Senior year$19,144$19,667$30,000
Total 2-year net price$36,745$38,834$59,638
10-year loan interest @ 6.8%$13,999$14,794$22,720
Total monthly payment$423$447$686
Total amount paid$50,744$53,628$82,358
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.6%1.2%
Freshman year$17,601$19,167$29,638
Senior year$22,650$20,707$30,736
Total 4-year net price$80,218$79,721$120,740
10-year loan interest @ 6.8%$30,560$30,371$45,997
Total monthly payment$923$917$1,389
Total amount paid$110,779$110,091$166,737

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.9%2.1%
Freshman year$48,410$47,653$59,941
Senior year$51,092$48,091$61,194
Total 2-year net price$99,502$95,744$121,135
10-year loan interest @ 6.8%$37,906$36,475$46,148
Total monthly payment$1,145$1,102$1,394
Total amount paid$137,408$132,219$167,283
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.9%2.1%
Freshman year$48,410$47,653$59,941
Senior year$56,910$48,980$63,779
Total 4-year net price$210,333$193,258$247,386
10-year loan interest @ 6.8%$80,129$73,624$94,245
Total monthly payment$2,421$2,224$2,847
Total amount paid$290,463$266,882$341,631

Visit net price and financial aid to learn more about the total cost of attending The University of Texas at Austin.

Further Questions to Consider

Continue Your Research on UT Austin

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options