For many students a combination of institutional financial assistance and scholarship support is the difference between remaining enrolled and withdrawal from Nevada. Scholarship awards may also relieve students of the financial imperative to secure part-time employment, allowing them to devote more concentrated attention to their academic work, including enrolling in 15 credits per semester.
All schools in the Nevada System of Higher Education (NSHE), including Nevada, have adopted the 15 to Finish program to promote degree attainment. When a student completes 15 credits per semester, they graduate on time in four years, saving money and debt accrual, and start into their career sooner. The University's policy requires 15 credits of enrollment for many aspects of student aid.
For the 2019-20 academic year, 45% of Nevada students received need-based aid. Of the annual scholarship budget, 36% or nearly $5 million, is funded by Nevada's endowment.
While the University remains a great value compared to the national full-time in-state undergraduate tuition average of $9,716, in 2019-20, the average resident tuition and fees at the University of Nevada, Reno for 2019-20 are $8,034.
Resident tuition and fees are just a portion of a student's budget. The average cost of attendance for full-time undergraduate Nevada resident students is $25,664 for students living on or off campus and $18,704 for students living with family. Out-of-state students attending Nevada, have an average of $33,756 - $40,716 cost of attendance, while students in neighbor states attending Nevada under the Western Undergraduate Exchange (WUE) program average $22,200 - $29,160.