I've been thinking about the University of Arkansas. It's pretty far from my home state, and I'm a bit lost with financial planning. Any insights into the tuition costs there?
Of course, financial planning is an integral part of the college admissions process! Tuition costs can indeed vary significantly depending on factors such as tuition rate, residency status, and the types of courses taken.
The University of Arkansas, also known as UArk or UA, charges different tuition rates for resident and non-resident students. For the 2024-2025 academic year, the base tuition and fees for an undergraduate resident (in-state) student is around $10,104 per year whereas for a non-resident (out-of-state) student, it's approximately $29,966 per year. These numbers are for a full-time student taking 12 to 19 credits per semester.
Bear in mind that these are just the tuition costs. You should also consider housing, meal plans, textbooks, and personal expenses. The university estimates these additional costs to be approximately $14,244 per year for resident and non-resident students.
In summary, this brings the total estimated costs for a year at UA to $31,430 for resident students and $51,292 for non-residents. Remember, these are only estimates, and your costs may vary. I'd recommend making use of UA's Net Price Calculator (https://finaid.uark.edu/aid-calculator.php) to get a more accurate estimate based on your financial circumstances and possibly qualify for financial aid.
I hope this helps you in your financial planning as you consider attending the University of Arkansas! Feel free to ask if you have any more questions.
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