If you live in the Florida area, you may be looking for the right college for you. In this article, we will give you a rundown of the University of Tampa cost for a four-year degree or a graduate program. The University of Tampa tuition is considered fair for a private academic school. Students must take into account annual tuition prices, program tuition costs, and the University of Tampa living expenses.
Many students will need to look for financial assistance, but the University of Tampa (UT) offers several financial aid options. Read this article to learn more about the University of Tampa ranking, the financial aid programs offered, and how the school can help you achieve your long-term goals.
University of Tampa Rankings and Profile
- Accreditation: Commission on Colleges of the Southern Association of Colleges and Schools
- Acceptance Rate: 54%
- Graduation Rate: 62%
- US News & World Report Ranking: #13 (Regional)
- Times Higher Education Ranking: #501-600 (National)
The University of Tampa rankings show that it is highly ranked regionally and boasts a $650 million upgrade in technology and facilities. Its 9,600 students come from 50 states and 132 countries. The school provides a high-quality academic experience for students with a low student-to-faculty ratio of 18-to-one.
The University of Tampa offers bachelor’s degrees, pre-professional programs, and certificates. Popular degree programs include accounting, actuarial science, allied health, applied sociology, and art. The College of Arts and Letters, Sykes College of Business, College of Natural and Health Sciences, and College of Social Sciences, Mathematics, and Education make up UT’s four colleges.
The university offers interdisciplinary programs to local and international students and part-time programs for adult learners continuing studies toward a graduate degree like a master’s or PhD program. The baccalaureate experience supports the general education program, which includes a liberal arts core necessary for all undergraduate students.
How Much Does the University of Tampa Cost?
The University of Tampa costs $31,274 per year for undergraduate tuition, which does not include other mandatory fees. Mandatory fees include a student service fee, student government fee, student health fee, and miscellaneous fees. Out-of-state students pay the same fee as Florida permanent residents.
University of Tampa Tuition, Fees, and Other Expenses
|Expense||University of Tampa Cost|
|University of Tampa Undergraduate In-State Tuition and Fees||$31,274|
|University of Tampa Undergraduate Out-of-State Tuition and Fees||$31,274|
|University of Tampa Graduate In-State Tuition and Fees||$11,934|
|University of Tampa Graduate Out-of-State Tuition and Fees||$11,934|
|University of Tampa Books and Supplies||$1,500|
You can decrease the cost of attendance by applying for merit-based scholarships, need-based scholarships, or institutional grants. The above cost is also a price estimate. Students can also use the net price calculator on the school’s website to get an idea of the full college costs.
University of Tampa Living Expenses
|Expense||University of Tampa Cost|
|University of Tampa On-Campus Room and Board||$11,690|
|University of Tampa Off-Campus Room and Board||$7,000|
Being a private institution, the University of Tampa’s living expenses are higher than public schools, which cost an average of $9,400 annually. According to the National Center for Education Statistics (NCES), UT’s tuition is on a par with the cost of private non-profit schools. Commuter students will pay more in transportation costs, but adding campus housing to your expenses may be more costly.
Cost of Living in Tampa, Florida
PayScale indicates that the cost of living in Tampa is five percent lower, with an average energy bill of $166 per month. Housing is also 11 percent lower than the rest of the country, and you should pay about $183 for your phone bill. You can expect a median rent of $1,078 per month and a gas cost of $4.26 per gallon. Groceries may cost you three percent more than the rest of the country.
Industries that thrive in Tampa, Florida, include cyber security, fintech, health tech, and supply chain management technology. It’s famous for Busch Gardens, Tampa Bay, and Bayshore Boulevard.
University of Tampa Financial Aid Statistics
The University of Tampa financial aid options include federal and state grants, institutional scholarships, and loans. Students could also look outside institutions for a corporate scholarship to cover tuition and expenses.
Ninety-eight percent of students receive some form of aid at UT, of which 83 percent are federal grants, while 16 percent receive Pell grants. The school received over $27 million in financial assistance, and 83 percent of students took advantage of federal student loans.
Does the University of Tampa Accept FAFSA?
Yes, the University of Tampa accepts FAFSA. FAFSA stands for Free Application for Federal Student Aid. It is the application form students use to apply for state, and federal grants, loans, and scholarships. Students who are US citizens or considered eligible non-citizens can apply for financial aid. You must meet the eligibility requirements, one of which is financial need.
Does the University of Tampa Accept GI Bill Benefits?
Yes, the University of Tampa accepts GI Bill benefits, which pay up to $26,042.81 for tuition and fees. Veterans could apply for this financial assistance if they demonstrated at least 90 days of military service on or after September 11, 2001. It pays education benefits for up to 36 months, and eligibility requirements include an honorable discharge.
Is the University of Tampa a Yellow Ribbon School?
Yes, the University of Tampa is a Yellow Ribbon school. A veteran or dependent of a veteran will automatically receive Yellow Ribbon funds. The fund will cover most or all tuition and fees and is offered without limits to all who are eligible.
University of Tampa Scholarships and Grants
- Presidential Scholarship. This annual scholarship awards students $15,000 to $18,000 per year. High school applicants who demonstrate leadership or community service are eligible for this scholarship.
- Dean’s Scholarship. Scholarship eligibility requires students to show leadership skills and proof they have contributed to helping their communities. Scholarship funds amount to $11,000 to $14,000 annually.
- Spartan Scholarship. This scholarship is given to high school students who have been active community members and have shown leadership potential. Eligible students can receive $4,000 to $6,000 per year.
- Minaret Scholarship. Eligible students can receive $8,000 to $10,000 per year. High school applicants and students with excellent leadership skills receive this scholarship.
- Army/Air Force/Navy ROTC Scholarships. The amount to be given varies, but eligible students must complete the FAFSA and be enrolled full time.
- Athletic Grants. Students must be part of NCAA division II and complete the FAFSA form first. The eligibility of the scholarship is subject to NCAA rules.
- International Baccalaureate (IB) Scholarship. High school students receive $1,000 annually and must be admitted to UT by May 1. Students should be able to satisfy all requirements of the IB diploma.
- Phi Theta Kappa (PTK) Scholarship. Transfer students receive up to $2,000 a year. They should apply to UT by May 1 and have proof of PTK membership. Students should also be inducted to PTK post-high school graduation.
- Transfer Scholarship. Students can receive $6,000 to $9,000 per year. This is given to college transfer applicants.
- University of Tampa Need-Based Grant. The amount given to students depends on the decision by FAFSA. Students must complete the FAFSA first.
University of Tampa Average Net Price by Income
|Family Income||University of Tampa Net Price|
|$0 to $30,000||$29,665|
|$30,001 to $48,000||$31,209|
|$48,001 to $75,000||$33,041|
|$110,001 and up||$36,583|
The net price is the cost of attendance subtracted by the amount of financial aid you get. To calculate your net price, you need to find your cost of attendance first. This includes fees, books, tuition, materials, and other miscellaneous costs. Afterward, subtract grants, scholarships, or other financial aid you’ve received.
How to Calculate the University of Tampa Cost
The University of Tampa cost is the estimated total cost for a full-time student living on campus for one academic year. The costs include books, room, meals, transportation, tuition, and other personal expenses. A student health insurance plan isn’t included in the cost of attendance. Other fees include program fees and an application fee.
Is the Cost of College Too High?
Yes, the cost of college is too high at UT. The total cost of attendance for the whole academic year is $48,594, according to NCES. This includes tuition and fees, room and board, and other personal expenditures.
However, if you are eligible for financial aid, you only need to pay for a portion of the cost mentioned in the net price table above. The bottom line is that college is expensive, and students must find ways to save money.
University of Tampa Student Debt
- Students Receiving Federal Loans: 77%
- Median Debt After Graduation: $24,250
- Average Monthly Loan Payment: $242
It might take 20 years for the average borrower to repay their student loan debt. For a bachelor’s degree, the mean monthly repayment is $448, according to the Education Data Initiative. This shows that the average monthly loan payment of UT students is lower at $242 per month.
You must also consider other educational expenses in addition to paying the loan monthly. The median debt after graduation is $24,250, according to NCES College Scorecard. This is lower than the $28,400 average debt after graduating from private non-profit and four-year colleges. Check loan interest rates and compare personal loans to federal loan costs.
University of Tampa Tuition Payment Plans
The University of Tampa tuition payment plans help students pay educational expenses with an interest-free installment plan available through Workday. Students must enroll each term to use the payment plan and pay a $40 enrollment fee.
University of Tampa Graduate Salaries and Outcomes
The median salary of University of Tampa graduates is $55,040, according to NCES College Scorecard. After graduation, 60 percent of students gained full-time employment, while 21 percent studied for a graduate degree. Just over two percent of graduates became self-employed, and one percent joined the military.
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Students who studied for graduate degrees had a 94 percent success rate. Eighty-four percent of students found full-time employment after graduating, and almost four percent found part-time work. Two percent started their own businesses.
How to Save Money in College
- Limit eating out. Socializing with friends by eating out is undeniably a vital part of college. However, this could be costly, so it’s important to budget wisely and set money aside for eating out.
- Make your coffee at home. Many students consider coffee part of their daily college life. Buying coffee every day could make you run out of money quickly. Make coffee every morning and save money in the process.
- Purchase used textbooks. Students pay a high price for the average cost of books. Second-hand books are far cheaper than new ones. There is no point in buying brand-new books if you can get a used textbook for less than half the price. You can also make your money back by selling it again once you’re done.
- Take advantage of student discounts. Producing your student ID will get you discounts on clothing, laptops, or computers. Big brands like Adobe and Apple give discounts to students.
- Maximize the school’s amenities. Use available facilities on the school campus for free. The school might have recreational facilities like a gym or swimming pool. It might also have movie nights free of charge.
Is the University of Tampa Affordable?
Yes, the University of Tampa is affordable as there are many financial aid options available to students. The school provides grants, scholarships, and other aid options for low-income families and students to help them pay tuition costs and other program fees. Students can access institutional scholarships and financial aid during their admission application. UT is an excellent school that offers various programs and different types of aid for students.
University of Tampa Cost FAQ
The cost per credit at the University of Tampa is $640. For graduate programs, the cost is $683 per credit. Other fees you must pay include mandatory fees, textbooks, and room and board.
The University of Tampa is known for its high-quality undergraduate education programs in business and nursing. It is also known for its beautiful historic landmark museum, Plant Hall. The university is one of the top institutions regionally, according to the US News & World Report.
The University of Tampa doesn’t require a minimum GPA score for first-year students. The admission requirements include transcripts, an essay, and an application fee. SAT or ACT scores are optional.
The overall graduation rate of the University of Tampa is 62 percent. The graduation rate for four-year students is 52 percent and 62 percent for six-year students. Students who graduate from the university can have access to high-paying careers in various fields.
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