University of Texas at Austin and Fees

By Kelly Boyer Sagert

(Last Updated – 04/2023)

Total Cost of Attendance

If you’re considering the University of Texas at Austin for your college education, you’re in good company. Celebrities and public figures like Matthew McConaughey, Michael Dell, and Marcia Gay Harden are alumni.

University of Texas at Austin undergraduate tuition and fees for the 2022-23 school year was $11,752 for in-state students. That’s slightly higher than the national average for public four-year universities of $10,940. UT Austin tuition and fees for out-of-state students was $40,996, which is nearly double the national average of $28,240.

Costs for 2022-2023

Financial Aid

Just over half of students receive some form of UT financial aid, whether that comes from grants, scholarships, or student loans.

ASU provides both academic and need-based scholarships for Arizona residents in an effort to make college education more affordable.

Explore financial aid options: Arizona Student Loan & Scholarships.

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

•  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

•  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•  US Department of Education – Search for grants from colleges and universities by state

•  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

•  Scholarship Search Tool

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

While most students who take out student loans take out federal student loans (28%), just 1% take out private student loans to help with UT Austin tuition. The average amount of aid received in private student loans is $16,366.

Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The total cost for four years of University of Texas tuition, fees, room and board, books, and other expenses is $119,152 for in-state students. This is higher than the national average of $102,828 for tuition and fees, plus room and board.

For out-of-state students, the four-year cost would be $236,128, which is significantly higher than the national average of $176,056.

Here’s some Student Loan & Scholarship Information for you.

Undergraduate Tuition and Fees

Costs for 2022-23

The total for tuition and fees plus room and board for UT Austin students was $24,520 for the 2022-23 school year. The total for out-of-state students was $53,764.

Graduate Tuition and Fees

Costs for 2022-23

UT tuition for graduate students from Texas was $12,036 for the 2022-23 school year. For out-of-state students, the cost was $22,952. This is less than the national average for graduate school of $29,150.

There are many options for graduate loans available to help you cover the cost of UT at Austin grad school.

Cost per Credit Hour

If you’d prefer to attend the University of Texas at Austin on a part-time basis, you’ll pay $1,157 per three-semester credit hour course if you’re a Texas resident, and $2,988 if you aren’t.

Campus Housing Expenses

Costs for 2022-23

*Based on one-bedroom pricing. Average rate based on available apartments on UT at Austin’s off-campus housing website in 2023.

For students who opt for UT Austin off campus housing , there are many apartment complexes located within walking distance of campus.

University of Texas at Austin Acceptance Rate

Fall 2021

Admission Requirements

Here’s what’s required and what’s recommended for first-time applicants to the University of Texas at Austin.

Required:

•  High school transcript

•  Essay

•  Class rank

Recommended:

•  SAT or ACT scores

•  Letters of recommendation

The deadline for Priority Admission is November 1, with a decision given by February 1. For Regular Admission, the deadline is December 1, with a decision given by March 1.

SAT and ACT Scores

While standardized test scores are not required with your application to the University of Texas at Austin, it may be helpful to know what the average scores are for accepted students.

Popular Majors at the University of Texas at Austin

With 13 schools and colleges, and more than 170 fields of study, you have a wide range of majors to choose from. Here are the most popular areas of study at UT Austin.

1. Biology

Biology students can earn a Bachelor of Science and Arts or a Bachelor of Science. They can pick an area of study that includes Ecology, Evolution, and Behavior; Human Biology; Marine and Freshwater Science; Microbiology and Infectious Diseases; Cell and Molecular Biology; Plant Biology; Teaching; Biology Honors; Computational Biology; or Genetics and Genomics.

Undergraduate degrees in 2020-21: 671

2. Psychology

Psychology students can choose a BS or a BA degree. The Bachelor of Science degree includes coursework in Social, Developmental, and Evolutionary Psychology, as well as Cognition, Language, Neuroscience, and Perception Psychology. The Bachelor of Arts degree involves coursework in Business, Foreign Language, and Communications.

Undergraduate degrees in 2020-21: 461

3. Computer Science

Computer science majors learn how to apply logical reasoning, problem-solving, and computational solutions to real-world situations. BS students can opt for different pathways including Turing Scholars Honors, Computer Science Honors, Integrated Program, or Teaching.

Undergraduate degrees in 2020-21: 456

4. Finance

The Finance program at UT Austin offers many options in addition to the general Finance track. You can elect to study Corporate Finance and Investment Banking, Energy Finance, Law and Science, Investment Management and Banking, Quantitative Finance, Finance with an Accounting minor, or Real Estate.

Undergraduate degrees in 2020-21: 407

5. Mathematics

Coursework in the Mathematics program includes Calculus; Functions and Modeling; Elementary Statistical Methods; and Foundations of Geometry, Statistics, and Probability. Graduates may choose to go on to grad school, teach, or become actuaries.

Undergraduate degrees in 2020-21: 358

6. Economics

For those majoring in Economics, the coursework to earn either a BS or BA includes Statistics, Microeconomic Theory, Macroeconomics, Econometrics, and more.

Undergraduate degrees in 2020-21: 340

7. Biochemistry

Students study such disciplines as molecular biology, microbiology, and cell biology. Those who earn a BS degree in Biochemistry go on to work in biotechnology, computational biology, biomaterials, forensics, biomedical research, pharmaceutics, patent law, biotechnology/biomedical business, health professions, or environmental science.

Undergraduate degrees in 2020-21: 331

8. Electrical Engineering

UT’s Electrical Engineering program was rated the 11th Best Undergraduate Electrical Engineering Program in the U.S. by U.S. News and World Report for 2022-2023. Students can select electives and academic enrichment courses like Co-operative Engineering, Electromagnetic Engineering, Solid-State Electronic Devices, Modern Optics, based on their chosen career path.

Undergraduate degrees in 2020-21: 320

9. Political Science

With this program, students take courses like Research Methods in Government, Statistical Analysis in Political Science, Data Science for the Social World, and World War I in Real Time. They also have the option to participate in an internship that provides work experience.

Undergraduate degrees in 2020-21: 316

10. Radio & Television

Graduates from UT’s Radio & Television program have become successful directors, cinematographers, editors, sound designers, screenwriters, app developers, producers, animators, and game designers. While immersed in their studies, students also have the opportunity to intern with radio and television stations, video game and web design companies, and festivals.

Undergraduate degrees in 2020-21: 277

Graduation Rate

Students at UT at Austin are committed to their studies, as evidenced by the school’s graduation rates.

•  4 years: 70%

•  6 years: 88%

•  8 years: 87%

Post-Graduation Median Earnings

After graduating from the University of Texas at Austin, young professionals earn on average $67,839 per year. This is higher than the national average of $47,922.