Georgia Tech Tuition and Fees | SoFi (2024)

By Kelly Boyer Sagert

(Last Updated – 04/2023)

Total Cost of Attendance

Georgia Institute of Technology, commonly called Georgia Tech, is a public school known for its focus on research, especially with its high-ranking engineering and computing programs. For the 2022-23 school year, Georgia Tech tuition for in-state students was $11,764. Non-residents pay $32,876 for Georgia Tech out-of-state tuition. These rates are slightly higher than the national averages of $10,940 for public four-year institutions (for in-state residents) and $28,240 (for out-of-state residents).

Costs for 2022-2023

Financial Aid

A full 72% of Georgia Tech students receive financial aid, whether that is through independent or Georgia Tech scholarships, grants, or student loans. Georgia Tech is need-blind for in-state tuition only, meaning the institution does not consider an applicant’s ability to pay for their education when reviewing applications.

Explore financial aid options:

Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

•Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.

•Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.

•Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

•Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

You can find other financial aid opportunities on databases such as:

•US Department of Education – Search for grants from colleges and universities by state

•College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

•Scholarship Search Tool

Recommended: The Differences Between Grants, Scholarships, and Loans

Private Student Loans

While 22% of students take out federal student loans to help with the Georgia Tech cost, 5% take out private student loans, which average $13,058.

Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.

If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

Recommended: Guide to Private Student Loans

Projected 4-Year-Degree Price

The cost for a four-year degree at Georgia Tech, including books, tuition, and all other expenses, would be approximately $112,424, making the Georgia Tech cost higher than the national average of $102,828.

Georgia Tech out-of-state tuition, books, room and board, and other fees add up to $196,872 for four years. This is higher than the national average of $176,056 for four years.

Here’s some for you.

Repay student loans your way.

Find the monthlypayment & rate that fits your budget.

Undergraduate Tuition and Fees

Costs for 2022-23

Georgia Tech cost of attendance totaled $24,106 for in-state students in 2022-23, which included $11,764 for tuition and $12,342 for room and board. For out-of-state students, the total was $45,218, including $32,876 for tuition and $12,342 for room and board.

Graduate Tuition and Fees

Costs for 2022-23

Georgia Tech grad students paid a total of $15,570 for in-state tuition and fees in the 2022-23 school year, while the out-of-state tuition and fees for grad students was $30,646.

There are many options for graduate loans that can help with these costs.

Cost per Credit Hour

Undergraduate tuition at Georgia Tech is charged as a flat fee, either for a course load of six hours or less, or one of six hours or more.

However, graduate students may pay per credit hour. For one to 11 credit hours, the cost per credit hour is $586 for in-state students and $1,215 for out-of-state students.

Campus Housing Expenses

Costs for 2022-23

*Based on one-bedroom pricing. Average rate based on available apartments on Georgia Tech’s off-campus housing website in 2023.

Students at Georgia Tech have the option to live in traditional, suite, or apartment-style rooms in one of 48 resident halls in Atlanta. Freshmen are not required to live on campus, though many do. Freshmen have the opportunity to participate in a First-Year Experience Program, which helps them build community and meet like-minded students.

For Georgia Tech students who opt to live off campus , there are many nearby apartment buildings to choose from.

Georgia Tech Acceptance Rate

Fall 2021

The Georgia Tech acceptance rate is just 16%, which means the admissions requirements can be rigorous.

Admission Requirements

The Georgia Tech admissions officers review applications looking for certain criteria, some of which are required and others recommended.

Required:

•High school transcript

•Personal essays

•Contribution to community

•SAT or ACT scores

Recommended:

•Counselor or teacher recommendation

The deadline for Early Action 1 (for Georgia students only) is October 17, with a decision given by December 9. The deadline for Early Action 2 (for out-of-state students) is November 1, with a decision given by January 27. The Regular Decision deadline is January 4, with a decision given to Georgia students by March 3, and other students by the end of March.

SAT and ACT Scores

SAT or ACT scores are required with applications. Here are the scores at the 25th and 75th percentile at Georgia Tech.

Popular Majors at Georgia Tech

Georgia Tech has six colleges with 37 different undergrad majors. These are the most popular undergraduate majors.

1. 1. Computer Science

The most popular field of study at Georgia Tech is Computer Science. Students learn fundamentals in programming and computational theory, and they then get to select two “Threads,” which deepen their understanding of the field. These Threads include Computing and Devices, Information Internetworks, Intelligence, Media, Modeling, People, Systems and Architecture, and Theory.

Undergraduate degrees in 2020-21: 847

2. Mechanical Engineering

In this program, students learn the fundamentals of Mechanical Engineering, as well as design, creativity, and hands-on learning. They also have the opportunity to participate in co-op, internships, study abroad, and undergraduate research.

Undergraduate degrees in 2020-21: 421

3. Industrial Engineering

The Industrial Engineering Bachelor’s degree combines mathematics, physical sciences, and business applications. Students can choose a specialization such as Advanced Studies in Operations Research and Statistics, Analytics and Data Science, Economic and Financial Systems, Operations Research, Quality and Statistics, Supply Chain Engineering, or General Industrial Engineering.

Undergraduate degrees in 2020-21: 382

4. Business Administration

Business Administration students learn how to apply the fundamentals of subjects like Accounting, Finance, General Management, Leadership, Marketing, Operations, and Supply Chain Management to real-world situations.

Undergraduate degrees in 2020-21: 359

5. Biomedical Engineering

The Bachelor of Science degree in Biomedical Engineering provides a solid foundation in Engineering, Math, and Sciences, as well as a deep understanding of the Humanities, Social Sciences, and Communications. Students learn problem-based learning methods and gain experience working within a team.

Undergraduate degrees in 2020-21: 278

6. Chemical & Biomolecular Engineering

Undergraduates have the option to focus on Biotechnology or Biomolecular Engineering in this program. There are also opportunities to dive deeper into areas of interest as well as participate in faculty-directed research.

Undergraduate degrees in 2020-21: 183

7. Electrical Engineering

Electrical Engineering students can take electives in Analog Electronics, Bioengineering, Systems and Controls, Electronics Packaging, Optics and Photonics, Electromagnetics, and more. In this program, they’ll learn problem-solving, team building, and innovation.

Undergraduate degrees in 2020-21: 158

8. Computer Engineering

Yet another Engineering option for students is Computer Engineering. Students can customize their degree program to include electives like Computer Architecture; Embedded Systems and Software; Design Tools, Test, and Verification; Distributed Systems and Software; and VLSI Design.

Undergraduate degrees in 2020-21: 157

9. Biology

The Biology program offers interdisciplinary courses like Bio-Inspired Design, Bioethics, Biophysics, and more. Students go on to work in academia, for the government, or for private companies. Many continue their studies by attending graduate programs.

Undergraduate degrees in 2020-21: 120

10. Civil Engineering

Civil Engineering students can select a specialization area, including Construction Engineering, Environmental and Water Systems, Geotechnical Systems, Structural Systems, or Transportation Systems.

Undergraduate degrees in 2020-21: 106

Graduation Rate

Georgia Tech students may take a little longer to complete their studies, but as you can see, the university’s graduation rates are high:

•4 years: 46%

•6 years: 90%

•8 years: 92%

Post-Graduation Median Earnings

Upon graduation, Georgia Tech students earn on average $88,196 per year. This is significantly higher than the national average for undergraduates of $47,922 a year.