With in-state tuition being just over $5,000 per year, James Madison University is an exceptionally affordable school. Another $8,800 will provide students with full room and board; books and educational supplies will increase this figure by about $900, and required school fees are about $4,000. Out-of-state tuition is just less than $20,000. Almost 60 percent of undergrads receive need-based financial aid, with the average need-based gift aid being in the neighborhood of $7,000. Financial aid packages will generally provide freshman with over $8,000 in support.