Understanding Financial Aid Cost of Attendance
Standard student budgets have been established by the Financial Aid Office to help determine your eligibility for aid. They take into account all the normal expenses you may expect to incur while attending Radford University; your tuition, on campus meal plans, room and board, etc. factors such as certain program fees, transportation, marital and dependency status are also taken into consideration.
These budgets also do not reflect the direct costs you will be billed by the university. Students will not always live on campus and have those charges that need to be paid directly to the school, and we understand this. The room and board portion of your budget establishes that you will experience expenses either on or off campus for room and board and need to have an allocation to represent those costs.
The Financial Aid Office will provide you with an award package to assist in meeting your needs based on the results of your FAFSA. Please keep in mind that the Financial Aid Office may not be able to meet your full cost of attendance with an aid package, but there are additional financing options that can be explored to help you pay for these expenses.
The budgets are not intended to meet everybody's full financial responsibilities; rather, they are average or typical costs for students during an academic year. Of course, actual expenses will vary among students, depending on lifestyles, priorities, and obligations. You should notify the Financial Aid Office of any additional costs related to your transportation, medical and child care costs. With supporting documentation, such factors may merit an adjustment in the amount of financial aid to which you are entitled.
If you would like to see the full tuition and fee information please visit the Student Accounts website, the university’s official location of the tuition and fee schedule.
Examples of Costs that are included in your Financial Aid Budget
| Costs Included in Your Financial Aid Budget |
Billed Directly by University? |
|---|---|
| Tuition & Fees | Yes |
| On Campus Housing | Yes |
| On Campus Meal Plan | Yes |
| Off Campus Housing | No |
| Off Campus University Meal Plan | Yes |
| Transportation Allowance | No |
| Book Allowance | No, Book Vouchers are exceptions |
| Personal Expenses | No |
| Independent Student Allowance | No |
| Additional Program Costs i.e. Nursing |
No |
Estimated Financial Aid Cost of Attendance
*Rates are based on expenses for the 2019-2020 Academic Year for students enrolled full time for the Full Year.
Undergraduate Example
| Educational Expense | Estimated Amount In-State |
Estimated Amount Out-State |
|---|---|---|
| Tuition & Fees* | $11,350 | $24,432 |
| Room & Board* | $9,612 | $9,612 |
| Books & Supplies | $1,200 | $1,200 |
| Transportation | $1,400 | $1,400 |
| Personal Expenses | $1,900 | $1,900 |
| Total Estimated Cost of Attendance | $25,462 | $38,544 |
Graduate Example
| Educational Expense | Estimated Amount In-State |
Estimated Amount Out-State |
|---|---|---|
| Tuition & Fees* | $12,343 | $21,316 |
| Room & Board* | $9,612 | $9,612 |
| Books & Supplies | $1,200 | $1,200 |
| Transportation | $1,400 | $1,400 |
| Personal Expenses | $1,900 | $1,900 |
| Independent Allowance | $1,000 | $1,000 |
| Total Estimated Cost of Attendance | $27,455 | $36,428 |