Average Annual Tuition at University of Charleston
The latest data we have for University of Charleston's annual average net costs are from 2018. These costs and and the average West Virginia schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| University of Charleston | $31,400 | $31,400 | $19,001 | $20,608 |
As you can see, annual costs at University of Charleston have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in West Virginia as well. West Virginia's' higher education costs rose by 52.8% in just the last 10 years, ranking as the 12th highest state.
University of Charleston Financial Assistance
46% of students enrolled at University of Charleston receive some form of Federal loan assistance. You can view University of Charleston's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
West Virginia’s 529 plan selection includes two direct-sold 529 college savings programs and one advisor-sold 529 plan. On a direct-sold basis, the SMART529 Select plan features funds from Dimensional Fund Advisors (DFA), while the SMART529 WV Direct plan (available only to WV residents or beneficiaries) primarily offers Vanguard index funds. West Virginia’s advisor-sold plan, The Hartford SMART529, primarily utilizes mutual funds from Hartford Funds, as well as additional underlying investments from iShares (BlackRock), MFS, and Invesco. West Virginia's prepaid tuition plan is closed to new enrollment and will terminate in June 2022.
| State Plan Name: | SMART529 WV Direct College Savings Plan |
|---|---|
| Minimum Contribution: | $0 |
| Maximum Contribution: | $400,000 for all plan types |
| Fees: | The Smart529 Select and The Hartford Smart529 plans have a $25 annual maintenance fee. There’s a sales charge for The Hartford Smart529 as account holders work with a financial adviser to choose investments. This charge varies by investment options. |
West Virginia School Statistics
We've analyzed all other higher education schools in WV, and wrapped it up nicely into a report for you. View our WV analysis report.
There are 12 other accredited private schools located in the state of West Virginia. You can view all WV schools here.
Last updated 2022-02-07 23:25:38.