So around $45,000/ year for tuition only, without the dorm or meal plan? Sounds like what you paid is affirming the original post. |
UVA has a $13.6B endowment. They don’t want too much meddling from the state. UVA wants to do things their way. Always have. |
Oh, stop the whining. UVA and William Mari got permission to jack their rates and they did. Given that about 0.2% of state residents attend those two schools it makes sense that the funding increase should come tuition not taxpayers. George Mason, ODU JMU and Tech are not Jacky rates like the other two schools |
| *jacking rates* |
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https://sfs.virginia.edu/financial-aid-new-applicants/financial-aid-basics/estimated-undergraduate-cost-attendance-2024-2025
Tuition + Room/Board/Books/Fees Engineering 1st Year Virginian 49,874 Non-Virginian 89,018 to 90,378 Engineering 2nd, 3rd Year Virginian: 50,936 Non-Virginian: 90,080 to 91,440 Engineering Tuition 4th Year Virginian: 49,876 Non-Virginian: 89,014 to 90,374 |
You don't spend your endowment. You spend the money made off the investments. |
Right. So a large amount of money invested well equals… checks calculations… more money! |
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If you want the data - look at the SCHEV appropriations.
https://research.schev.edu/rdPage.aspx?rdReport=finance.FP01_Report&rdRequestForwarding=Form UVA gets $12k per student from the general fund. VT gets $9500. JMU gets $8000. |
$14.2B |
Yes price included on campus room and board. |
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Fall 2024 per semester for ENG UVA from bill for instate:
Dorm: 3940 Dinning silver all access: 3460 School of ENG: 13076 Orientation: 232 Student activities: 29 School activity eng: 10 Comprehensive fee: 1786 |
A lot of the endowment belongs to specific schools and programs and are for specific purposes. The medical school for example wouldn't let its endowment be spent to spent to subsidize undergraduates. |
| At this point, UVA isn't even an option for us. |
^^^This^^^ Is what it is, pay it or don't. Plenty of good choices. |
The state can always simultaneously not allow tuition increases and not increase funding. The schools will figure it out if forced |