University of Wisconsin (UW) – Madison Tuition and Fees

University of Wisconsin (UW) - Madison Tuition and Fees

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    By Susan Guillory

    (Last Updated – 07/2022)

    Total Cost of Attendance

    The University of Wisconsin (UW) – Madison is a well-respected research institution with a focus on genomes, agriculture, and medicine. UW Madison tuition is $10,720 for in-state students and $38,608 for out-of-state students. In comparison, the national average for public four-year schools is $10,740 for in-state students and $27,560 for out-of-state students.

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $10,720

    $38,608

    Books & Supplies

    $1,150

    $1,150

    Room & Board

    $12,548

    $12,548

    Other Expenses

    $3,000

    $3,000

    Total Cost of Attendance

    $27,418

    $55,306

    Financial Aid

    UW Madison is need-blind, which means your ability to pay for college isn’t considered in the application process. In fact, 58% of students receive some form of financial aid, whether that’s scholarships, grants, or student loans.

    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

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    There are two types of student loans: federal and private. At University of Wisconsin – Madison, 27% of students take out federal loans and 25% take out private loans. The average private student loan amount to help with UW Madison tuition is $15,710.

    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

    As you research student loan and scholarship information, you’ll want to consider how much it will cost to attend a college for four years. The average cost for four years of tuition, fees, room and board, and books at a public institution is $107,280, according to CollegeData.com.

    In comparison, UW costs $109,672 for four years for students coming from Wisconsin and $221,224 for students from other states.

    Here’s some Wisconsin Student Loan & Scholarship Information for you.

    Undergraduate Tuition and Fees

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition & Fees

    $10,720

    $38,608

    Room & Board

    $12,548

    $12,548

    Total Cost of Attendance

    $23,268

    $51,156

    UW Madison tuition for the 2021/22 school year, including room and board, was $23,268 for in-state students and $51,156 for out-of-state students.

    Graduate Tuition and Fees

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Tuition

    $10,728

    $24,054

    Fees

    $1,447

    $1,447

    Total Cost of Attendance

    $12,175

    $25,501

    The cost to attend graduate school at the University of Wisconsin – Madison is $12,175 for in-state students and $25,501 for out-of-state students. The average tuition in the U.S. is $54,500 for a Master’s degree at a four-year public institution. There are graduate loans available to help with these costs.

    Cost per Credit Hour

    If you prefer to attend UW part-time, you would pay $1,460.73 per credit if you’re from Wisconsin and $1,622.72 if you are from out of state.

    Campus Housing Expenses

    Costs for 2021-22

    Student Type

    In-State

    Out-State

    Books & Supplies

    $1,150

    $1,150

    Room & Board

    $12,548

    $1054/mo*

    Other Expenses

    $3,000

    $3,000

    *Based on one-bedroom pricing. Average rate based on available apartments on UW’s off-campus housing website in 2022.

    Students aren’t required to live on campus, though 8,000 choose to live in one of UW’s residence halls, focused learning communities, or affinity communities for students with shared backgrounds or interests.

    Some students opt to live off-campus in an apartment, duplex, or house. Many live with roommates to cut down on the cost. Learn more about off-campus housing options here

    University of Wisconsin – Madison Acceptance Rate

    Fall 2020

    Number of applications

    45,915

    Number accepted

    26,171

    Percentage Accepted

    57%

    The UW Madison acceptance rate is 57%. More than half of all students who apply are accepted.

    Admission Requirements

    To apply to the University of Wisconsin – Madison, here’s what you need:

    Required:

    •  Academic record and grades

    •  Letters of recommendation

    •  Two essays

    •  Secondary school GPA

    Recommended:

    •  SAT or ACT scores

    SAT and ACT Scores

    UW does not require test scores to be submitted through spring 2025. However, it may be helpful for you to know the scores other students have had:

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    610

    690

    SAT Math

    650

    770

    ACT Composite

    27

    32

    ACT English

    25

    33

    ACT Math

    26

    31

    Graduation Rate

    Here are the graduation rates for students who started at the University of Wisconsin – Madison in 2014:

    •  4 years: 66%

    •  6 years: 88%

    Post-Graduation Median Earnings

    After graduation, UW students earn on average $65,213 per year. This is more than the national average for graduates of four-year universities of $47,891 annually.

    Bottom Line

    The University of Wisconsin – Madison is a respected research institution that offers great educational opportunities at an affordable price. And there are plenty of financial aid options available to help you pay for your degree.

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

    Learn More

    Photo credit: iStock/Rebecca Todd
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