SVU's tuition & fees has increased from $14,600 (2014) to $20,040 (2024), and the rate of tuition increase is 37.26% over the past 10 years.
SVU'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 29.87% from 2014 ($26,500).
For the current academic year 2023-2024, SVU's COA is $34,416, which is increased by 3.48% from last year.
The following table and chart show changes to SVU's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 37.26% for the last 10 years , and the 2024 tuition & fees are $20,040. The following table and chart show the tuition & fees changes at Southern Virginia University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,500, and it has increased 25.00% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,500 | 25.00% |
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| 2019-20 | $1,500 | |
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| 2020-21 | $1,500 | |
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| 2021-22 | $1,500 | |
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| 2022-23 | $1,500 | |
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| 2023-24 | $1,500 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 20.34% when a student lives on-campus facilities and 9.38% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Southern Virginia University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,700 | $9,600 | - |
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| 2015-16 | $11,000 | $10,000 | 2.80% |
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| 2016-17 | $11,000 | $10,000 | |
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| 2017-18 | $9,810 | $10,000 | -10.82% |
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| 2018-19 | $10,266 | $10,200 | 4.65% |
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| 2019-20 | $11,418 | $10,200 | 11.22% |
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| 2020-21 | $12,274 | $10,200 | 7.50% |
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| 2021-22 | $12,300 | $10,200 | 0.21% |
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| 2022-23 | $12,650 | $10,200 | 2.85% |
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| 2023-24 | $12,876 | $10,500 | 1.79% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Southern Virginia University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Southern Virginia University | $20,040 | $19,108 | 4.88% |
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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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