Cost of Attendance
Manhattan School of Music is a prominent educational institution known for offering a range of undergraduate, postgraduate, and doctoral programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at MSM is quite high compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the school adds up to about $49,130, which includes the total tuition fees and other expenses. While housing costs $16,195, the charges for books and supplies and other expenses stand at $1,000 and $4,600, respectively.
Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the 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 Manhattan School of Music, the total tuition and fees for the enrolled students come out to be around $49,130 in a year. Apart from that, they should also pay an average amount of $1,000 toward books and supplies, $16,195 for room and boarding charges, and $4,600 toward other expenses in a year. Hence, based on this information, the overall cost of attending the school adds up to around $70,925 per year.
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 MSM, 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 MSM, the average net price is estimated to be around $41,832. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $33,759. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $59,980. The amount stands at $59,202 for an annual income between $48,001 and $75,000, $64,490 for the $75,001-$110,000 income bracket, and $48,411 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 Manhattan School of Music (MSM)
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $116,780
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 Manhattan School of Music, the tuition and fees are estimated to be $49,130 per year. Moreover, the applicants must also pay an amount of $16,195 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MSM adds up to $70,925.
Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at MSM, the amount totals around $49,130. This includes $48,280 for the graduate tuition as well as an amount of $850 for the graduation fees.
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 MSM. The cost per credit hour for graduate degrees sits at $818, while that of undergraduate degrees is $377, as per the 2019-2020 fee structure. At present, Manhattan School of Music also offers various online programs to students across as many as 10 different majors.
Now, coming to the lodging and related expenses at MSM, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $20,795 per year. Moreover, the candidates will have to pay about $16,195 a year toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $4,600.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at MSM are projected to cost around $356,628 as per official data. In comparison, the total expenses for undergraduate students stood at $41,832 for 2018-2019, $43,393 for 2017-2018, and $39,456 for 2016-2017.
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