We Stand Apart. Because We Stand For All.

Nearly 200 years ago, we were founded on a powerful idea: that the next great leaders, thinkers and innovators could come from all walks of life. And so we began as a new model of education, welcoming any student with the ability and dedication to succeed. Today, UVA remains committed to this ideal, with a financial aid model that makes a top education affordable to all U.S. students.

  • We accept students solely on their academic merit, regardless of their ability to pay. Because leaders can come from anywhere.
  • We cover 100% of your financial need. This means UVA covers the full amount that you are unable to pay through scholarships, grants, work-study and low-interest loans. Because cost should never get in the way of our nation’s next great leaders and innovators.
  • We limit your debt. We ensure your debt is as low as possible because we know leaders can’t lead if they are overwhelmed with debt. Which is why we limit loans to an average of $4,500 per year for in-state students and $7,000 per year for out-of-state students.
Your Future Made Illimitable

The value of a college degree has never been greater—according to the U.S. Census Bureau, college graduates earn nearly $1,000,000 more over their lifetime than those who complete only up to the high school level. UVA’s top-ranked academics and commitment to keep tuition low have made us one of the best investments available.

What Does A Typical Financial Aid Package Include?

Financial aid packages are made up of grants or scholarships that do not need to be paid back, work-study employment that guarantees a part-time job with the university, and low-interest loans that we limit to keep debt as low as possible.

All financial aid packages are customized for the students who receive them. However, the following examples illustrate how the main components work together for in-state and out-of-state students at different income levels.

In the first example below, a hypothetical in-state student with $25,000 in household income receives $26,734 in grants, $3,000 from work-study employment, and $1,000 in low-interest loans. In the second example, an in-state student with $100,000 in household income receives $9,034 in grant money and $4,500 in loans. In both cases their total needs are met by these sources.

In-State

Award Year 2016-2017

 

Total Need

Grants (All Sources)

Work-Study

Loans (Need-Based)

Unmet Need

Example, $25,000 Household Income

$30,734

$26,734

$3,000

$1,000

$0

Example, $100,000 Household Income

$13,534

$9,034

$0

$4,500

$0

*Assumptions: Family of four, no assets, one child in college

As shown below, the program works the same for out-of-state students, covering their higher tuition costs with a personalized mix of grants, work-study employment, and loans.

Out-of-State

Award Year 2016-2017

 

Total Need

Grants (All Sources)

Work-Study

Loans (Need-Based)

Unmet Need

Example, $25,000 Household Income

$61,204

$50,204

$4,000

$7,000

$0

Example, $100,000 Household Income

$44,004

$33,004

$4,000

$7,000

$0

*Assumptions: Family of four, no assets, one child in college

Other Scholarships
UVA also offers a limited variety of scholarships that are not based on financial need.
How Much Will UVA Cost Me?
The My inTuition college cost estimator can provide you with a reasonable estimate of your college costs and the amount of financial aid for which you may be eligible.
How Do I Apply For Financial Aid?

In order to be considered, please complete the following four steps by March 1st:

  • Complete the CSS/PROFILE, available starting October 1st, at: student.collegeboard.org/css-financial-aid-profile, using school code 5820.
  • Fill out your FAFSA, available starting October 1st, at www.fafsa.gov, using school code 003745.
  • Access your Student Information System (SIS) account. Directions will arrive by e-mail approximately five days after you submit your application for admission.
  • Check your SIS “To Do List” regularly, read all emails from SFS, and submit requested items promptly to avoid delays in processing your application.
Who Receives Financial Aid At UVA?

All U.S. citizens or permanent residents who demonstrate financial need are eligible during all 8 semesters (4 years) of their undergraduate studies. Students who are awarded this aid may be first-years, returning students or transfer students. The semester limit for transfer students will be prorated.

Never Let Tuition Limit Your Opportunities

We’re looking for the best and brightest. The cost of tuition should never be a barrier. If you have more questions about financial aid, please contact us.

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