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Southern Virginia University (SVU) Tuition and Fees

Southern Virginia University is a liberal arts college, which has a beautiful campus in Buena Vista, VA. Southern Virginia University covers an area of 155 acres. In 1867, Southern Virginia University was founded. The motto of the Southern Virginia University is Learn that Life is Service and its official colors are crimson and white. Taking into account all the courses offered at Southern Virginia University, the total enrolment stands at 1,111. To teach various courses to the students, the

$16,495

Tuition

$28,261

Cost of Attendance

$19,855

Net Price

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Southern Virginia University (SVU) Tuition and Fees

Southern Virginia University offers undergraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $17,280, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $7,918, $1,500, and $3,500, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$16,495	$16,495
Book & Supplies	$1,500	$1,500
Room & Board cost	$6,766	$6,766
Other Expenses	$3,500	$3,500
Total Cost of Attendance	$28,261	$28,261

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. What's more, at Southern Virginia University, the total tuition and fees for the enrolled students come out to be around $17,280 in a year. In addition, the students will be needed to pay an average expense of $1,500 for books and supplies, $7,309 toward room and boarding, and $3,500 for different other expenses in a year. Hence, based on this information, the overall cost of attending the university adds up to around $29,589 per year.

Average Net Price by Family Income

Net Price

$19,855

Family Income

Avg. Net Price

$0 to $30,000

$15,279

$30,001 to $48,000

$15,912

$48,001 to $75,000

$15,941

$75,001 to $110,000

$19,323

$110,000+

$22,057

As for the net cost for attending SVU, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $20,816 at SVU. The net price for students with an annual family income below $30,000 is reported to be around $16,192. For the individuals who come under the $30,001-$48,000 income category, the net cost is $15,787. On the other hand, an estimated net cost of $17,791 is charged for the $48,001-$75,000 income bracket, $20,900 for the $75,001-$110,000 income category, and $22,660 for an annual family income more than $110,000.

Student Loans

Example Loans

$70,772

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$734

Total interest paid

$17,363

Sum of Loan Payments

$88,135

To have a realistic understanding of how much it will cost to study at Southern Virginia University (SVU) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $70,772 for example. This will result in a $8,814 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $88,135 which is $17,363 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$16,495	$16,495
Room & Board Cost	$6,766	$6,766
Total Tuition & Fees	$23,261	$23,261

At Southern Virginia University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $17,280 per year. Alongside that, they will likewise need to shell out around $7,309 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $29,589 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$737

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Southern Virginia University varies for graduate and undergraduate courses. The cost per credit hour for the graduate courses at the university sits at $132. Also, Southern Virginia University currently offers a number of online courses to students across 16 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$6,766	$6,700
Other Expense	$3,500	$3,500
Book & Supplies	$1,500	$1,500

As far as the housing and related charges at SVU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $11,418 per year for on-campus housing and $10,200 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $7,918 per year, while the amount charged for off-campus candidates stands at $6,700. In addition to that, the candidates will have to pay an amount of about $1,500 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $3,500.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,766

Off Campus

$6,700

Housing & Other Expenses

Other Expenses

On Campus

$3,500

Off Campus

$3,500

Housing & Other Expenses

Book & Supplies

On Campus

$1,500

Off Campus

$1,500

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $149,525. In comparison, the total expenses for undergraduate students stood at $20,816 for 2018-2019, $19,855 for 2017-2018, and $20,017 for 2016-2017.

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