Budget & Cost Information
The following information is an explanation of the direct expenses you will have each semester. This information is to assist you in planning for the 2024-25 school year. These amounts may not accurately reflect the actual tuition and fees for all students:
Direct Costs: Direct costs include tuition and student fees. The charges that will be applied to the students account each semester are as follows:
| Resident Status | Full-Time Enrollment Tuition Cost | Base Student Fees | Total Cost |
|---|---|---|---|
| * Resident Tuition | $2717.52 (12 – 20 credits) | $436 | $3153.52 |
| * Non-Resident Tuition | $8687.16(12 – 20 credits) | $436 | $9123.16 |
Students who will be residing in the Utah Tech University housing will have direct room and board charges each semester. The charges that will be applied to the student’s account are as follows:
| Housing | Cost Shared | Cost Private |
|---|---|---|
| * Campus View Suites | $2180 – $2395 per semester | $3130 – $3450 per semester |
| * Chancellor Apts | $1890 per semester | $2450 per semester |
| Abby Apartments | $1830 per semester | $2320 per semester |
*These charges are estimates only.
Indirect Costs: Indirect costs include off-campus room and board, text books, supplies, transportation, and personal expenses for a semester. These items are not charged directly to the students account. The amounts will vary based upon the choices the students make such as; sharing their apartment or living on the own, living close to campus to reduce transportation costs, eating out or fixing meals at home. Each of these decisions will affect the overall cost of attending school,
The UT Financial Aid Office estimates the “Cost of Attendance.” Because Congress feels student aid funds should not be used to pay living expenses for a spouse or dependents, nothing is included in the costs for other family members. Financial Aid is not meant to fund a lifestyle; it is to be used wisely to pay for your necessary expenses while you are attending school.
Things which are included in the cost of attendance:
- Tuition & fees
- Room & board
- Text books & supplies
- Transportation
- Personal expenses
- Allowance for child care (Additional documentation needed)
- Expenses related to a personal or family handicap (Additional documentation needed)
Each student’s budget may vary depending on whether the student lives with parents/relatives and commutes (Commuter Budget) or live on your own (Resident Budget). These budgets are an average for all students and may not reflect the actual cost the student incurs. Many costs are based upon the student’s personal choice such as their housing and lifestyle. Utah Tech University uses statistics from the U.S. Department of Labor to determine an adequate livable amount for our students. Reminder, Financial Aid is not meant to fund a lifestyle; it is to be used wisely to pay for your necessary expenses while you are attending school. Students should budget their financial aid funds to ensure they have sufficient funds to complete each semester they are enrolled.
The following budgets are bases upon full-time attendance for both Fall & Spring semesters for the 2023-24 school year:
| Resident Student Budget | Estimated Cost |
|---|---|
| Tuition & Fees | $6307.04 |
| Books & Supplies (estimated) | $900.00 |
| Housing & Food (estimated) | $9434.00 |
| Personal Expenses (estimated) | $5530.00 |
| Transportation (estimated) | $1944.00 |
| Total | $24,115.04 |
| Resident Commuter Student Budget | Estimated Cost |
|---|---|
| Tuition & Fees | $6307.04 |
| Books & Supplies (estimated) | $900.00 |
| Housing & Food (estimated) | $1700.00 |
| Personal Expenses (estimated) | $3686.00 |
| Transportation (estimated) | $1944.00 |
| Total | $14,537.04 |
| Non-Resident Student Budget | Estimated Cost |
|---|---|
| Tuition & Fees | $18,246.32 |
| Books & Supplies (estimated) | $900.00 |
| Housing & Food (estimated) | $9434.00 |
| Personal Expenses (estimated) | $5530.00 |
| Transportation (estimated) | $1944.00 |
| Total | $36,054.32 |
Resources
Students and parents must first assume the responsibility to pay the costs of attending college. For that reason, students and parents are expected to contribute from savings and earnings. If you are an independent student, by the Department of Education standards, your parents are not expected to help with your college costs. Other resources include scholarships, G.I. Bill, tribal grants, etc.
In estimating how much of the educational costs you and your family are expected to pay, the following are some of the items which are taken into account:
- Annual adjusted gross income
- Non-taxable income and benefits
- Number of family members in the household
- Amount required for family members’ living costs
- Number of family members in college
- Assets
This information is reported on the FAFSA and the result is the expected family contribution (EFC).
Using the information submitted in your FAFSA, the Financial Aid Office will determine how much of the budgeted costs you should be able to meet from your personal and family income and resources. Students may appeal their cost of attendance allowance, but they must be prepared to document their additional educational expenses.
First time, full-time attending freshmen can use our Net Price Calculator to help estimate their price of attendance and estimate the amount of aid they may be eligible to receive.