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University of Virginia is one of the nation's most historic universities. The main campus in Charlottesville, VA was founded by Thomas Jefferson in 1819. Today the university carries on his desire to educate students for leadership roles whether in Virginia or elsewhere. In fact, UVA is considered one of the nation's top public institutions and has been ranked as the #2 best value in public universities nationwide by U.S. News and World Report.

In fact, the school maintains a focus on high academic standards by admitting students solely on the basis of academic merit. Strong students who have demonstrated financial need find that their needs are met 100%. Thus, even the poorest students graduate with a reasonable debt load.

Overview of University of Virginia (UVA)

This financial model helps UVA fulfill on its commitment to diversity while also engaging students in challenging research opportunities. While many private schools that offer competitive academic rigor bias their admissions based on ability to pay or family legacy, UVA ensures the strongest possible student body by maintaining a merit-only admissions standard. The state and entire nation benefit when each year the graduating class is wholly composed of the best possible scholars.

General Information

School Type Public
Campus Setting Suburb: Small
Campus Housing Yes
Student Faculty Ratio 15:1
Graduation Rate 94%
Year Founded 1819

Student Enrollment

Total Students24,639


Undergraduate Student

Male 7,550
Female 9,227

Graduate Student

Male 3,538
Female 4,324

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UVA Acceptance Rate and Admissions


Male 17,615
Female 19,567


Male 4,404
Female 5,479

Acceptance Rate26%

Male 25%
Female 28%

Enrollment 3,770

Male 1395
Female 1,508
Application Fee $70
High School GPA Recommended
High School Rank Recommended
High School Transcripts Required
College Prep Courses Required
Recommendations Required
SAT/ACT Required
TOEFL (Test of English as a Foreign Language) -
Application Deadline January 1
Common Application Accepted Yes

UVA Tuition Cost & Financial Aid

Educational costs are on everyone's minds these days. However, UVA shows real dedication to helping students who demonstrate financial need. In fact, the school will cover all of the demonstrated financial need of its students in order to admit scholars based solely on their merits. This allows students from poorer backgrounds to stand on a level playing field with those from the country clubs who might be able to pay for their tuition in full at the beginning of each semester.

For in-state students, the total annual costs for studying at UVA, including all fees and room and board, before any adjustments are $33,493. Out-of-state students face stiffer costs as their annual price is approximately $64,872. However, 7,186 students receive financial aid in the form of grants or scholarships. The total amount allocated without need for repayment is $138,050,314, with each student receiving an average of $19,000. Pell Grant recipients at UVA number around 2,000 students who receive an average of $4,400 in assistance. Approximately 4,000 students receive student loans that average $6,116.

Average net price 2017-2018
Net Price $17,845
Average Total Aid $21,865
Students Receiving Financial Aid 59%
Room & Board $11,590

Sticker Price

  • Tuition In-State - $17,653
  • Tuition Out-of-State - $49,032
  • Books and Supplies - $1,350
  • Room & Board - $11,590
  • Other - $2,900


UVA is an excellent school that values student merit over their ability to pay tuition. That may be part of why they boast a 97% retention rate. Retention rate measures the percent of first-year students who return for their second year at UVA. The retention seems to proceed through most student's academic career as the overall graduation rate is 94%. On top of that, approximately 88.5% graduate in four years, which is increasingly rare nationwide. Women at UVA tend to follow national trends by graduating in higher numbers than their male counterparts.

Since UVA supports a student teacher ratio of 15:1, students are sure to find a supportive environment where they can participate in classroom discussions, find faculty mentors, and engage with the sorts of projects and research that suit their abilities the best. Though there are over 70 possible majors and minors, UVA's opportunities don't end there. In fact, students who have individual, even unusual interests may choose to design their own major. The accepted proposals for these should show enough focus to be well-defined but not so specific as to limit academic growth.

Given the merit-based focus of UVA's admission policy, it's no wonder that the school is not only highly competitive but that it retains its first-year students and sees them clear through to graduation.

Student Population Total

Student Population 24,639

Evening Classes : -
Distance Learning : Yes

Most Popular Programs & Majors

(# of Diplomas Awarded by Subject)

All Business Majors 349 Total Graduates / 8%
Accounting -
Finance, General -
Marketing/Management, General -
All Engineering Majors 486 Total Graduates / 12%
Aerospace 36 Graduates
Chemical 49 Graduates
Mechanical 72 Graduates
All Social Science Majors 663 Total Graduates / 16%
Economics, General 295 Graduates
Political Science and Government 87 Graduates
Sociology 61 Graduates
Anthropology 43 Graduates
All Biological & Biomedical Majors 273 Total Graduates / 7%
Exercise Physiology -
Biology/Biological Sciences 273 Graduates
Medical Microbiology and Bacteriology -
All Computer Information Science Majors -
All Other Diplomas 57%

Outcome & Salary

Graduates of UVA find that their hard work and dedication to excellence pays off. Their salaries average around $77,000 and their early career salaries were found to be an average of $65,000 by Payscale also found that the ROI for a UVA degree is 6.1% and that the net 20-year return should be somewhere around $500,000.

Since UVA is located in Northern Virginia, graduates will have ample opportunities in the nearby DC Metro area, Richmond, or even Baltimore. The alumni networks throughout the state and region should also be helpful when it comes to landing an internship or a first job.

Graduates Salary
College Grads Early Career Salary $65,900
College Grads Average Salary $77,000
College Grads Mid Career Salary $129,200
Return on Investment (ROI)
10 Year Salary Earnings Potential $770,000
20 Year Salary Earnings Potential $2,062,000
Cost of Education (Net Price) 4 Year $71,380
10 Year Projected ROI $698,620
20 Year Projected ROI $1,990,620
No College Education Salary Comparison
National Average Salary $38,792
10 Year Projected Income $387,920
20 Year Projected Income $775,840

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