University of Alaska Fairbanks

University of Alaska Fairbanks is a public university located in Fairbanks, Alaska, with an enrollment of approximately 4,207 students. The university offers programs across a range of career-focused fields, including construction management, environmental science, dental hygiene, and technology disciplines such as data science, database administration, AI/machine learning engineering, and DevOps engineering, among others.

In-state tuition is $8,736 per year, while out-of-state tuition is $22,320 per year. The average annual net price — meaning the total estimated cost of attendance, including tuition, fees, and living expenses, after grant and scholarship aid is applied — is $10,892. This figure represents what students pay on average after aid, and it covers more than tuition alone. About 22.4% of students receive Pell Grants, which are federal aid awards for undergraduates with financial need.

Among students who do borrow federally, 16.6% of all enrolled students take out federal student loans — meaning the majority do not borrow through federal programs. Those who completed a credential and borrowed federally carried a median federal loan debt of $20,291. The three-year loan repayment rate — the share of borrowers whose loan balance is actively decreasing — is 54.7%, meaning roughly half of borrowers are making progress reducing their debt within three years of entering repayment.

The university's graduation rate is 38%, meaning fewer than four in ten students who enroll ultimately complete a credential. The retention rate — the share of first-year students who return for a second year — is 74.1%. Median earnings, measured ten years after enrollment and calculated across all federally aided students who enrolled (including those who did not complete a credential), are $48,866. Because this figure includes non-completers, earnings for graduates alone may differ.

Taken together, these figures give prospective students a starting point for evaluating University of Alaska Fairbanks. The relatively low share of students carrying federal loan debt and the moderate net price may be relevant considerations, while the graduation rate and loan repayment figures are worth weighing carefully as part of any decision.