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Allegany College of Maryland Tuition and Fees

There is a public university in Cumberland, MD called Allegany College of Maryland. In 1961, Allegany College of Maryland was founded. The university believes in imparting quality education and giving back to society. In the same light, Allegany College of Maryland has a motto of Engage Your future. At Allegany College of Maryland, the total enrolment stands at 2,584. The school has a total of 215 academic staff. These faculty teach different courses to the students. At Allegany College of Ma

$6,990

Tuition

$23,636

Cost of Attendance

$9,509

Net Price

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Allegany College of Maryland Tuition and Fees

Allegany College of Maryland is a prominent educational institution known for providing a plethora of programs across a range of fields, ensuring high-quality education for students. Notably, the cost of education for the courses offered here is low compared to the tuition charged by many institutions. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $9,020, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $10,800, $1,540, and $3,824, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$7,580	$9,290
Book & Supplies	$1,540	$1,540
Room & Board cost	$10,800	$10,800
Other Expenses	$3,716	$3,716
Total Cost of Attendance	$23,636	$25,346

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Allegany College of Maryland, the total tuition and fees for the enrolled students come out to be around $9,020 in a year. In addition, the students will be needed to pay an average expense of $1,540 for books and supplies, $10,800 toward room and boarding, and $3,824 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at ACM is around $25,184, as per the available information. At the university, in-state students will be required to pay an amount of $8,060 toward tuition and fees, while out-state candidates need to shell out $9,980.

Average Net Price by Family Income

Net Price

$9,509

Family Income

Avg. Net Price

$0 to $30,000

$10,098

$30,001 to $48,000

$9,728

$48,001 to $75,000

$11,277

$75,001 to $110,000

$14,018

$110,000+

$15,518

The net price of attending Allegany College of Maryland is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At ACM, the average net price is estimated to be around $9,155. The net price for students with an annual family income below $30,000 is reported to be around $9,943. For the individuals who come under the $30,001-$48,000 income category, the net cost is $10,164. The amount stands at $11,351 for an annual income between $48,001 and $75,000, $13,503 for the $75,001-$110,000 income bracket, and $14,494 for a family income above $110,000.

Student Loans

Example Loans

$19,586

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$203

Total interest paid

$4,805

Sum of Loan Payments

$24,391

To have a realistic understanding of how much it will cost to study at Allegany College of Maryland here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $19,586 for example. This will result in a $2,439 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $24,391 which is $4,805 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$7,580	$9,290
Room & Board Cost	$10,800	$10,800
Total Tuition & Fees	$18,380	$20,090

At Allegany College of Maryland, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $9,020 per year. Alongside that, they will likewise need to shell out around $10,800 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $25,184 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$233

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Allegany College of Maryland varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $69. At present, Allegany College of Maryland also offers various online programs to students across as many as 28 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,800	$10,800
Other Expense	$3,716	$3,716
Book & Supplies	$1,540	$1,540

Moving on to the housing and related expenses at Allegany College of Maryland, these charges are the same irrespective of whether the candidate decides to stay on-campus or off-campus. The students will be required to pay $14,624 per year for the same. Moreover, the candidates will have to pay about $10,800 a year toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $1,540 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $3,824.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,800

Off Campus

$10,800

Housing & Other Expenses

Other Expenses

On Campus

$3,716

Off Campus

$3,716

Housing & Other Expenses

Book & Supplies

On Campus

$1,540

Off Campus

$1,540

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Associate	NA	NA
Certificate	NA	NA
Certificate	NA	NA

Allegany College of Maryland offers 15 online programs across 5 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Allegany College of Maryland is around $127,208 as per official data. In contrast, the total expenses for undergraduate students amounted to $9,155 in 2018-2019, $9,509 in 2017-2018, and $9,119 in 2016-2017.

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Allegany College of Maryland Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

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