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

Concerned about paying for college? Take a look at Iowa’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 $14,112 & $47,339

Worried about paying the full cost of $47,339 to attend University of Iowa? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Iowa, the university offers a discount of 69.6% off tuition and fees. Also, 64.4% of freshmen receive some form of financial aid, with the average amount totaling $9,754. Students from low-income families receive an average of $11,264 in aid during their first year.

Cost for Residents of Iowa (no aid)

Tuition and fees$9,606
+ Room and board$11,590
+ Other expenses$4,180
Total cost$25,376
Affordability Score (52 out of 100)
more expensive
less expensive

Net Price for Residents of Iowa (with average aid)

Total cost$25,376
- Grants and scholarships$9,754
Net price$15,622
Affordability Score (64 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Iowa

Total cost$25,376
- Grants and scholarships$11,264
Net price$14,112
Affordability Score (60 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$31,569
+ Room and board$11,590
+ Other expenses$4,180
Total cost$47,339
Affordability Score (20 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$47,339
- Grants and scholarships$9,754
Net price$37,585
Affordability Score (8 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$47,339
- Grants and scholarships$11,264
Net price$36,075
Affordability Score (4 out of 100)
more expensive
less expensive

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

Projected Costs Between $65,282 and $292,453 For a Four Year Degree. Between $31,296 and $141,580 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 Iowa in 2020 - 2021 was $25,376. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.4% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $27,105 during their first year. By their senior year, that cost will be approximately $29,921, for a bachelor degree candidate ($28,013 for an associate degree candidate) for a total of $113,989 over the course of four years ($55,117 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 $211,775 based on a yearly growth rate of 3.2%. The expected two-year cost is $102,522.

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 Iowa

Cost With Interest for Residents of Iowa

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*3.4%3.4%
Freshman year$15,325$16,689$27,105
Senior year$15,970$17,250$28,013
Total 2-year net price$31,296$33,940$55,117
10-year loan interest @ 6.8%$11,922$12,930$20,998
Total monthly payment$360$391$634
Total amount paid$43,218$46,869$76,115
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.4%3.4%
Freshman year$15,325$16,689$27,105
Senior year$17,343$18,429$29,921
Total 4-year net price$65,282$70,198$113,989
10-year loan interest @ 6.8%$24,870$26,743$43,426
Total monthly payment$751$808$1,312
Total amount paid$90,152$96,941$157,415

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*2.2%3.2%
Freshman year$37,990$39,280$50,446
Senior year$38,985$40,156$52,076
Total 2-year net price$76,976$79,436$102,522
10-year loan interest @ 6.8%$29,325$30,262$39,057
Total monthly payment$886$914$1,180
Total amount paid$106,300$109,698$141,580
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.2%3.2%
Freshman year$37,990$39,280$50,446
Senior year$41,055$41,967$55,494
Total 4-year net price$158,037$162,454$211,775
10-year loan interest @ 6.8%$60,206$61,889$80,678
Total monthly payment$1,819$1,870$2,437
Total amount paid$218,244$224,343$292,453

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

Further Questions to Consider

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