College Costs in Velva, ND 2026
Compare tuition, housing, and financial aid across 2 colleges in Velva, North Dakota. Use our free calculator to estimate your total cost.
Avg Public Tuition
$9,800
per year
Avg Private Tuition
$20,000
per year
Avg Rent Near Campus
$690
per month
Colleges & Universities
2
institutions
Velva Overview
Population
19,357
Student Population
2,597 (13.4%)
Cost of Living Index
95.7 (avg: 100)
Walk Score
36/100
Transit Score
16/100
Unemployment Rate
1.6%
College Cost Calculator for Velva
Cost Inputs
Total Cost (4 Years, Public In-State)
$93,656
Total After Financial Aid
$93,656
Annual Cost
$23,414
Annual After Aid
$23,414
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $93,656 |
| Monthly Payment | $1,063 |
| Total Interest | $33,957 |
| Total Loan Cost | $127,613 |
Universities in Velva
| University | Type | Annual Tuition |
|---|---|---|
| Velva State University | Public | $10,187 |
| Velva Community College | Community | $5,205 |
Velva has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Velva vs. National Average
| Category | Velva | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $9,800 | $10,940 | -$1,140 |
| Monthly Rent Near Campus | $690 | $1,050 | -$360 |
| Cost of Living Index | 95.7 | 100 | -4.299999999999997 |
Velva's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.
Student Life in Velva
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,597 students
Velva has a total population of 19,357, with approximately 2,597 college students (13.4% of the population). Velva has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Velva
$38,003
Starting Salary
1.6%
Unemployment Rate
59%
Graduation Rate
~31 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Velva earn a median starting salary of $38,003, which is $3,003 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $93,656 (including room and board), it would take approximately 31 years of the salary premium to recoup the investment. With average financial aid of $13,440 per student per year, the net cost and payback period can be significantly reduced.
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