University of the Potomac

In 2002, tuition for full-time students at University of the Potomac was $6,750 a year.

Tuition increased 17.19% in 2023–from $5,760 the previous year. On average, college tuition goes up about 3% every year.

If this information makes going to college sound impossible, remember, the displayed price of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college feel more doable until you're done with college.

For information on University of the Potomac's financial aid options for first-year students, check with the school directly.

Does University of the Potomac Offer In-State and Out-of-State Tuition?

University of the Potomac is a private institution, which means it has the same tuition for residents of DC as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Attending a college where you qualify for in-state tuition can save on the cost of tuition, as well as loans and interest owed. Don't forget to verify your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.

Explore other DC colleges

Do International Students Pay More to Go to University of the Potomac?

University of the Potomac has the same tuition for international students as for those from out of state.

International students usually do not qualify for for federal financial aid, but should research private or University of the Potomac-specific aid and scholarships.

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University of the Potomac Living Expenses, Fees, and More

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In addition to 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 University of the Potomac.

House and Food Costs at University of the Potomac

University of the Potomac does not offer on-campus housing for students, so there is no cost for housing, however you should take into account the cost of off-campus housing when looking at the cost of various schools

Meal-plan costs can depend on how many meals are included in the plan you choose.

Cost of Books at University of the Potomac

The cost of books often surprises first-year college students. The real 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 books from students who have already taken the course.

Annual Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways so that those with financial need to find ways to lower or eliminate these costs.

Transportation costs

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or are you planning to use public transportation? All of these factors can drastically impact your estimated cost of transportation.

The location of a college or university 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 flip side, transportation in an urban area can be expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. The University of the Potomac campus is in a city in DC, near Washington DC; Tysons and VA.

Other Costs

When budgeting for college, be sure to consider the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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The Full Cost of Attending University of the Potomac

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending University of the Potomac.

How Much Does University of the Potomac Cost?

What will the cost of attending University of the Potomac be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$6,750

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$7,740
Off-Campus	$7,740

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at University of the Potomac

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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 University of the Potomac financial aid, keep reading, or visit their financial aid website.

Scholarships at University of the Potomac

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Net Cost of University of the Potomac

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 University of the Potomac 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.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of the Potomac seem more manageable.

What will attending University of the Potomac 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the University of the Potomac's net cost calculator on their website.

University of the Potomac Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

University of the Potomac offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

University of the Potomac Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

University of the Potomac's Endowment

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.

For more information about University of the Potomac's endowment, check with the school directly.

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Learn More About University of the Potomac

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