$4,026

Tuition

N/A

Cost of Attendance

$9,679

Net Price

Madison Area Technical College Tuition and Fees

Madison Area Technical College is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at MATC is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $5,552, which includes the total tuition fees and other expenses. The books and supplies and other expenses cost $2,016 and $3,924, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$4,407$6,512
Book & Supplies$1,960$1,960
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Madison Area Technical College come out to be around $5,552 per year. Other than that, they will need to shell out an amount of $2,016 for books and supplies, $7,520 for room and boarding charges, and $3,924 toward other expenses on average in a year. So, the overall cost of attending MATC comes out to be about $19,012 per year, according to the most recent information available. At MATC, the tuition and fees come out to be around $4,482 for in-state students and $6,622 for out-state candidates.

Average Net Price by Family Income

Net Price

$9,679

Family Income

Avg. Net Price

$0 to $30,000

$8,259

$30,001 to $48,000

$9,514

$48,001 to $75,000

$11,875

$75,001 to $110,000

$13,646

$110,000+

$13,608

As for the net cost for attending MATC, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. So, it all essentially depends on the family income bracket of the student. At MATC, the average net price is estimated to be around $9,138. For students with a family income below $30,000, the estimated net price is $7,258, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $8,584. Meanwhile, the net price stands at $10,694 for the $48,001-$75,000 income bracket and at $12,959 for an income between $75,001 and $110,000. This amount adds up to $13,704 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$44,672

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$464

Total interest paid

$10,960

Sum of Loan Payments

$55,632

To have a realistic understanding of how much it will cost to study at Madison Area Technical College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $44,672 for example. This will result in a $5,563 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 $55,632 which is $10,960 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$4,407$6,512
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

For students pursuing undergraduate courses at Madison Area Technical College, the tuition and fees are estimated to be $5,552 per year. They would also be required to pay around $7,520 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $19,012 per year, based on the available data.

Graduate Tuition and Fees

In-stateOut-State
Tuition$4,026$6,131
Fees$381$381

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$134
Undergraduate2018 - 2019$134

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Madison Area Technical College varies between graduate and undergraduate degrees. The cost per credit hour for the graduate courses at the college sits at $42. At present, Madison Area Technical College also offers various online programs to students across as many as 64 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$7,392
Other ExpenseN/A$3,796
Book & Supplies$1,960$1,960

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $11,444 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $7,520 per year. On the other hand, the charges toward books and supplies come to around $2,016. Apart from these, the other expenses that students should plan for add up to $3,924 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$7,392

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$3,796

Housing & Other Expenses

Book & Supplies

On Campus

$1,960

Off Campus

$1,960

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $11,444 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $7,520 per year. On the other hand, the charges toward books and supplies come to around $2,016. Apart from these, the other expenses that students should plan for add up to $3,924 for students who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters NA NA
Associate $9,104 NA
Certificate $3,112 NA
Certificate $3,112 NA

Madison Area Technical College offers 16 online programs across 6 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 Madison Area Technical College is around $95,357 as per official data. Notably, the total expenses for undergraduate students amounted to $9,138 in 2018-2019, $9,679 in 2017-2018, and $10,431 in 2016-2017.

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