Georgia Tech Tuition and Fees

Georgia Tech Tuition and Fees

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    By Kelly Boyer Sagert

    (Last Updated – 04/2023)

    Total Cost of Attendance

    Georgia Institute of Technology, commonly called Georgia Tech, is a public school known for its focus on research, especially with its high-ranking engineering and computing programs. For the 2022-23 school year, Georgia Tech tuition for in-state students was $11,764. Non-residents pay $32,876 for Georgia Tech out-of-state tuition. These rates are slightly higher than the national averages of $10,940 for public four-year institutions (for in-state residents) and $28,240 (for out-of-state residents).

    Costs for 2022-2023

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $11,764

    $32,876

    Books & Supplies

    $800

    $800

    Room & Board

    $12,342

    $12,342

    Other Expenses

    $3,200

    $3,200

    Total Cost of Attendance

    $28,106

    $49,218

    Financial Aid

    A full 72% of Georgia Tech students receive financial aid, whether that is through independent or Georgia Tech scholarships, grants, or student loans. Georgia Tech is need-blind for in-state tuition only, meaning the institution does not consider an applicant’s ability to pay for their education when reviewing applications.

    Explore financial aid options: Georgia Student Loan & Scholarships.

    Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  Scholarship Search Tool

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    While 22% of students take out federal student loans to help with the Georgia Tech cost, 5% take out private student loans, which average $13,058.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The cost for a four-year degree at Georgia Tech, including books, tuition, and all other expenses, would be approximately $112,424, making the Georgia Tech cost higher than the national average of $102,828.

    Georgia Tech out-of-state tuition, books, room and board, and other fees add up to $196,872 for four years. This is higher than the national average of $176,056 for four years.

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    Undergraduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $11,764

    $32,876

    Room & Board

    $12,342

    $12,342

    Total Cost of Attendance

    $24,106

    $45,218


    Georgia Tech cost of attendance totaled $24,106 for in-state students in 2022-23, which included $11,764 for tuition and $12,342 for room and board. For out-of-state students, the total was $45,218, including $32,876 for tuition and $12,342 for room and board.

    Graduate Tuition and Fees

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Tuition

    $14,064

    $29,140

    Fees

    $1,506

    $1,506

    Total Cost of Attendance

    $15,570

    $30,646


    Georgia Tech grad students paid a total of $15,570 for in-state tuition and fees in the 2022-23 school year, while the out-of-state tuition and fees for grad students was $30,646.

    There are many options for graduate loans that can help with these costs.

    Cost per Credit Hour

    Undergraduate tuition at Georgia Tech is charged as a flat fee, either for a course load of six hours or less, or one of six hours or more.

    However, graduate students may pay per credit hour. For one to 11 credit hours, the cost per credit hour is $586 for in-state students and $1,215 for out-of-state students.

    Campus Housing Expenses

    Costs for 2022-23

    Student Type

    In-State

    Out-State

    Books & Supplies

    $800

    $800

    Room & Board

    $12,342

    $1,409/mo*

    Other Expenses

    $3,200

    $3,200

    *Based on one-bedroom pricing. Average rate based on available apartments on Georgia Tech’s off-campus housing website in 2023.

    Students at Georgia Tech have the option to live in traditional, suite, or apartment-style rooms in one of 48 resident halls in Atlanta. Freshmen are not required to live on campus, though many do. Freshmen have the opportunity to participate in a First-Year Experience Program, which helps them build community and meet like-minded students.

    For Georgia Tech students who opt to live off campus , there are many nearby apartment buildings to choose from.

    Georgia Tech Acceptance Rate

    Fall 2021

    Number of Applications

    Number Accepted

    Percentage Accepted

    44,048

    7,047

    16%


    The Georgia Tech acceptance rate is just 16%, which means the admissions requirements can be rigorous.

    Admission Requirements

    The Georgia Tech admissions officers review applications looking for certain criteria, some of which are required and others recommended.

    Required:

    •  High school transcript

    •  Personal essays

    •  Contribution to community

    •  SAT or ACT scores

    Recommended:

    •  Counselor or teacher recommendation

    The deadline for Early Action 1 (for Georgia students only) is October 17, with a decision given by December 9. The deadline for Early Action 2 (for out-of-state students) is November 1, with a decision given by January 27. The Regular Decision deadline is January 4, with a decision given to Georgia students by March 3, and other students by the end of March.

    SAT and ACT Scores

    SAT or ACT scores are required with applications. Here are the scores at the 25th and 75th percentile at Georgia Tech.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    630

    730

    SAT Math

    680

    770

    ACT Composite

    30

    34

    ACT English

    30

    35

    ACT Math

    29

    34

    Graduation Rate

    Georgia Tech students may take a little longer to complete their studies, but as you can see, the university’s graduation rates are high:

    •  4 years: 46%

    •  6 years: 90%

    •  8 years: 92%

    Post-Graduation Median Earnings

    Upon graduation, Georgia Tech students earn on average $88,196 per year. This is significantly higher than the national average for undergraduates of $47,922 a year.

    Bottom Line

    While the emphasis at Georgia Tech is clearly on computer and engineering programs, it still has much to offer to students in other fields. And with a high potential salary waiting on the other side of your studies, your investment in Georgia Tech tuition should more than pay for itself.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

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    Photo credit: iStock/Rebecca Todd

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