Folsom Lake College Tuition 2021| The College Monk

N/A

Tuition

N/A

Cost of Attendance

$7,350

Net Price

Folsom Lake College Tuition and Fees

Folsom Lake College provides a diverse range of programs across different fields, offering quality education to students. The cost of education here is quite low compared to the tuition fees charged by different colleges. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Folsom Lake College comes to around $5,016, which includes tuition and other expenses as well. The books and supplies and other expenses cost $1,854 and $4,239, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	NA	$8,712
Book & Supplies	$1,854	$1,854
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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 Folsom Lake College, the total tuition and fees for the enrolled students come out to be around $5,016 in a year. In addition, the students will be needed to pay an average expense of $1,854 for books and supplies, $13,293 toward room and boarding, and $4,239 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $24,402 per year. Moreover, the tuition fees that the candidates have to pay stand at $1,104 and $8,928 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$7,350

Family Income

Avg. Net Price

$0 to $30,000

$4,006

$30,001 to $48,000

$5,575

$48,001 to $75,000

$7,407

$75,001 to $110,000

$9,408

$110,000+

$11,482

The net cost of attending Folsom Lake College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount. At FLC, the average net price is estimated to be $7,078. The net price for students with an annual family income below $30,000 is reported to be around $4,088. For the individuals who come under the $30,001-$48,000 income category, the net cost is $4,577. Meanwhile, the net price stands at $7,862 for the $48,001-$75,000 income bracket and at $7,473 for an income between $75,001 and $110,000. This amount adds up to $10,116 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$21,678

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$225

Total interest paid

$5,318

Sum of Loan Payments

$26,996

To have a realistic understanding of how much it will cost to study at Folsom Lake College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $21,678 for example. This will result in a $2,700 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 $26,996 which is $5,318 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	N/A	$8,712
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Folsom Lake College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $5,016 per year. They would also be required to pay around $13,293 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at FLC adds up to $24,402.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$46

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 Folsom Lake College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $38. At present, Folsom Lake College also offers various online programs to students across as many as 40 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$13,293
Other Expense	N/A	$4,239
Book & Supplies	$1,854	$1,854

Moving on to the housing and related charges, students who wish to stay off-campus will have to pay around $17,532 per year. Notably, there are no on-campus lodging facilities available for students at the college. For off-campus students at the university, the room and board charges total about $13,293 per year. On the other hand, the charges toward books and supplies come to around $1,854. Apart from these, the other expenses that students should plan for add up to $4,239 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$13,293

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$4,239

Housing & Other Expenses

Book & Supplies

On Campus

$1,854

Off Campus

$1,854

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Certificate	$1,104	NA
Certificate	$1,104	NA

Folsom Lake College offers 8 online programs across 3 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 Folsom Lake College is around $122,010 as per official data. To note, the total expenses for undergraduate students stood at $7,078 for 2018-2019, $7,350 for 2017-2018, and $7,273 for 2016-2017.