Cost of Attendance
Maine College of Art is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at MCA is quite high compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $36,424, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing costs $12,770, books and supplies cost $1,250, while the other expenses add up to $2,100.
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 will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. The total tuition and fees for students attending Maine College of Art come out to be around $36,424 per year. Other than that, they will need to shell out an amount of $1,250 for books and supplies, $10,435 for room and boarding charges, and $2,100 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at MCA is around $50,209, as per the available information.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
As for the net cost for attending MCA, 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. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $32,495 at MCA. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $28,633. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $30,701. The amount stands at $31,755 for an annual income between $48,001 and $75,000, $35,037 for the $75,001-$110,000 income bracket, and $34,644 for a family income above $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Maine College of Art (MECA)
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $106,204
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
For students pursuing undergraduate courses at Maine College of Art, the tuition and fees are estimated to be $36,424 per year. Alongside that, they will likewise need to shell out around $10,435 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MCA adds up to $50,209.
Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at MCA, the amount totals around $36,054. This sum includes their graduate tuition of $35,694 and the graduation fees of $360 as well.
The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend MCA. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $600 and for undergraduate courses, it stands at $280. Also, Maine College of Art currently offers a number of online courses to students across 13 different majors.
Moving on to the housing and related expenses at Maine College of Art, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $14,870 per year, whereas, the cost for off-campus lodging is $10,200 a year. The room and boarding charges for on-campus students come to around $12,770, while the off-campus candidates would need to pay $8,100. Coming to the books and supplies charges, the students will be required to pay an amount of $1,250. Meanwhile, the other expenses that a student needs to plan for add up to $2,100.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at MCA are projected to cost around $252,827 as per official data. For undergraduate students, the total expenses added up to $32,495 in 2018-2019, $31,174 in 2017-2018, and $30,796 in 2016-2017.
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