Understanding Financial Aid Cost of Attendance
Standard budgets have been established by the Financial Aid Office to help determine your eligibility for aid. The financial aid budget does not reflect what you will be billed by the university. The budget does take into account expenses you may expect to incur while enrolled at 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.
Tuition & fees will be billed by the University each semester. If you live in campus housing, whether a dorm or campus apartment, those charges will also be billed each semester.
The room and board portion of your budget is an allocation for expenses you will experience either on or off campus for rent and meal related expenses. This allocation remains a part of your financial aid cost of attendance regardless of your living arrangements.
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 Bursar's Office 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 2020-2021 Academic Year for students enrolled full time for the Full Year.
Undergraduate Example - 12-17 credit hours
| Educational Expense | Estimated Amount In-State |
Estimated Amount Out-State |
|---|---|---|
| Tuition & Fees* | $11,416 | $23,498 |
| Room & Board* | $9,720 | $9,720 |
| Books & Supplies | $1,260 | $1,260 |
| Transportation | $1,470 | $1,470 |
| Personal Expenses | $1,996 | $1,996 |
| Total Estimated Cost of Attendance | $25,862 | $37,944 |
Graduate Example - 12-17 Credit hours
| Educational Expense | Estimated Amount In-State |
Estimated Amount Out-State |
|---|---|---|
| Tuition & Fees* | $12,409 | $21,382 |
| Room & Board* | $9,720 | $9,720 |
| Books & Supplies | $1,260 | $1,260 |
| Transportation | $1,470 | $1,470 |
| Personal Expenses | $1,996 | $1,996 |
| Independent Allowance | $1,000 | $1,000 |
| Total Estimated Cost of Attendance | $27,855 | $36,828 |