In 2022, tuition for full-time Georgia Tech students was $10,258 a year for in-state students and $31,370 a year for out-of-state students.
Usually, college tuition goes up about 3% every year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay way less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make the amount you do have to pay for college more manageable until after graduation.
International students can expect to pay 31,370 per year for tuition at Georgia Institute of Technology.
Georgia Institute of Technology meets 50% of the demonstrated financial need for undergraduates. First-year students that attend Georgia Institute of Technology full-time are awarded $15,828 a year in financial aid, on average.
Students in the class of 2023 who had taken out student loans graduated with an average of $27,451 of debt.
Georgia Institute of Technology is a public, state institution, so it offers a reduced tuition rate of $10,258 for in-state students who attend full-time. For non-Georgia residents, out-of-state tuition is $31,370 a year.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on where you live.
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Georgia Institute of Technology has the same tuition for international students as for those from out of state.
International students at Georgia Institute of Technology can expect to pay around $31,370 per year, before any scholarships or financial aid.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but should research private or Georgia Institute of Technology-specific grants, scholarships, and other funding opportunities.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Georgia Institute of Technology.
Housing and campus dining at Georgia Institute of Technology is $15,244 a year. This number includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls.
Meal-plan costs can depend on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways for students who may struggle to participate because of cost can get help covering these costs.
The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area could be expensive, but cities may offer more buses, trains and affordable flights to actually get to school. Georgia Institute of Technologyis located in a city in Georgia, not far from Atlanta.
When creating a budget for college, don’t forget to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending Georgia Institute of Technology.
What will the cost of attending Georgia Institute of Technology be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
In-state Tuition | $10,258 |
Out-of-State Tuition | $31,370 |
Room and Board | $15,244 |
Other expenses | $3,260 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Georgia Institute of Technology’s tuition and fees change based on: •Course load for part-time students
In 2023, 5,378 of the 18,775 undergrads enrolled received financial aid. Georgia Institute of Technology meets 50% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $15,828 a year. Around 32% of Georgia Institute of Technology undergrads take out student loans to cover any remaining costs. Georgia Institute of Technology graduates who have student loans graduate with an average of $27,451 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $21,595 |
State Loans | $10,324 |
Georgia Institute of Technology-Specific Loans | $12,027 |
Private Loans | $36,042 |
Most Common Loans for Georgia Institute of Technology Students | |
---|---|
Federal Loans | 31% |
State loans | 1% |
Institutional Loans | 2% |
Private loans | 5% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Georgia Institute of Technology financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Georgia Institute of Technology awarded 5,098 need-based scholarships to students, giving away total of $72.1 million to help students with financial need cover the cost of school. An additional $55.57 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Georgia Institute of Technology students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Georgia Institute of Technology was $15,828 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Georgia Institute of Technology seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $-1,388 |
Net In-state, Off-campus | $-804 |
Out-of-State, On-Campus | $35,552 |
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending Georgia Institute of Technology really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Georgia Institute of Technology's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Georgia Institute of Technology does not have guaranteed tuition.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Georgia Tech has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
As of 2022, the total market value of Georgia Institute of Technology's endowment was $2.9 billion. The average college endowment was $905 million in 2021. The school spends $35,758 for each full-time student enrolled.
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Tuition & Fees
$27,008
In State$48,120
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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