College Factual  by our College Data Analytics Team
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Can You Afford University of Alaska Fairbanks?

Concerned about paying for college? Take a look at UAF’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 $12,934 & $41,028

Worried about paying the full cost of $41,028 to attend University of Alaska Fairbanks? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Alaska, the university offers a discount of 64.5% off tuition and fees. Also, 78.3% of freshmen receive some form of financial aid, with the average amount totaling $8,409. Students from low-income families receive an average of $11,425 in aid during their first year.

Cost for Residents of Alaska (no aid)

Tuition and fees$9,169
+ Room and board$10,540
+ Other expenses$4,650
Total cost$24,359
Affordability Score (56 out of 100)
more expensive
less expensive

Net Price for Residents of Alaska (with average aid)

Total cost$24,359
- Grants and scholarships$8,409
Net price$15,950
Affordability Score (63 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Alaska

Total cost$24,359
- Grants and scholarships$11,425
Net price$12,934
Affordability Score (67 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$25,838
+ Room and board$10,540
+ Other expenses$4,650
Total cost$41,028
Affordability Score (29 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$41,028
- Grants and scholarships$8,409
Net price$32,619
Affordability Score (17 out of 100)
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Average Net Price for Low Income Non-Resident Undergraduates

Total cost$41,028
- Grants and scholarships$11,425
Net price$29,603
Affordability Score (13 out of 100)
more expensive
less expensive

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

Projected Costs Between $59,649 and $257,049 For a Four Year Degree. Between $28,621 and $123,931 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 University of Alaska Fairbanks in 2020 - 2021 was $24,359. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.6% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $25,667 during their first year. By their senior year, that cost will be approximately $27,762, for a bachelor degree candidate ($26,347 for an associate degree candidate) for a total of $106,822 over the course of four years ($52,014 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 $186,137 based on a yearly growth rate of 3.6%. The expected two-year cost is $89,743.

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 University of Alaska Fairbanks

Cost With Interest for Residents of Alaska

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*3.3%2.6%
Freshman year$14,022$17,027$25,667
Senior year$14,599$17,592$26,347
Total 2-year net price$28,621$34,619$52,014
10-year loan interest @ 6.8%$10,904$13,188$19,816
Total monthly payment$329$398$599
Total amount paid$39,525$47,807$71,830
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.3%2.6%
Freshman year$14,022$17,027$25,667
Senior year$15,827$18,779$27,762
Total 4-year net price$59,649$71,574$106,822
10-year loan interest @ 6.8%$22,724$27,267$40,695
Total monthly payment$686$824$1,229
Total amount paid$82,373$98,841$147,517

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*3.7%3.6%
Freshman year$31,193$35,084$44,069
Senior year$32,019$36,386$45,673
Total 2-year net price$63,212$71,470$89,743
10-year loan interest @ 6.8%$24,081$27,227$34,189
Total monthly payment$727$822$1,033
Total amount paid$87,294$98,698$123,931
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.7%3.6%
Freshman year$31,193$35,084$44,069
Senior year$33,739$39,136$49,059
Total 4-year net price$129,819$148,342$186,137
10-year loan interest @ 6.8%$49,456$56,513$70,911
Total monthly payment$1,494$1,707$2,142
Total amount paid$179,275$204,854$257,049

Visit net price and financial aid to learn more about the total cost of attending University of Alaska Fairbanks.

Further Questions to Consider

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