Averett's tuition & fees has increased from $29,150 (2014) to $38,550 (2024), and the rate of tuition increase is 32.25% over the past 10 years. The graduate school tuition & fees has raised from $8,100 (year 2014) to $12,090 (year 2024).
Averett's tuition increase rate is higher than the Virginia's average increase rate of 27.81%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 35.48% from 2014 ($40,920).
For the current academic year 2023-2024, Averett's COA is $55,440, which is increased by 5.00% from last year.
The following table and chart show changes to Averett's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 32.25% for the last 10 years , and the 2024 tuition & fees are $38,550. The following table and chart show the tuition & fees changes at Averett University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,000, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,000 | - |
|---|
| 2015-16 | $1,000 | |
|---|
| 2016-17 | $1,000 | |
|---|
| 2017-18 | $1,000 | |
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| 2018-19 | $1,000 | |
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| 2019-20 | $1,000 | |
|---|
| 2020-21 | $1,000 | |
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| 2021-22 | $1,000 | |
|---|
| 2022-23 | $1,000 | |
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| 2023-24 | $1,000 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 38.49% when a student lives on-campus facilities and 92.54% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Averett University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,770 | $6,990 | - |
|---|
| 2015-16 | $11,040 | $7,490 | 2.51% |
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| 2016-17 | $11,356 | $7,616 | 2.86% |
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| 2017-18 | $11,994 | $7,560 | 5.62% |
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| 2018-19 | $12,398 | $7,788 | 3.37% |
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| 2019-20 | $13,036 | $7,966 | 5.15% |
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| 2020-21 | $13,436 | $8,100 | 3.07% |
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| 2021-22 | $13,656 | $8,100 | 1.64% |
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| 2022-23 | $14,008 | $8,532 | 2.58% |
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| 2023-24 | $15,890 | $13,466 | 13.44% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Averett University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Averett University | $38,550 | $37,790 | 2.01% |
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|
| Liberty University | $15,822 | $16,203 | -2.35% |
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|
| Regent University | $20,686 | $19,680 | 5.11% |
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|
| Shenandoah University | $36,028 | $35,170 | 2.44% |
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|
| University of Richmond | $62,600 | $60,330 | 3.76% |
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|
| Marymount University | $38,250 | $36,800 | 3.94% |
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