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Manhattan School of Music (MSM) Tuition and Fees

There is a private university in New York, NY called Manhattan School of Music. It was in 1917 when the Manhattan School of Music was founded. The motto of Manhattan School of Music is Latin: Macte virtute sic itur ad astra. This defines the north star being chased by both the students and the administrators. In addition to over 488 undergraduate students, MSM also boasts of over 519 students in its postgraduate courses, taking the total enrollment to over 1,007. To teach various courses to t

$46,700

Tuition

$68,685

Cost of Attendance

$43,393

Net Price

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Manhattan School of Music (MSM) Tuition and Fees

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.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$47,300	$47,300
Book & Supplies	$1,000	$1,000
Room & Board cost	$15,785	$15,785
Other Expenses	$4,600	$4,600
Total Cost of Attendance	$68,685	$68,685

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.

Average Net Price by Family Income

Net Price

$43,393

Family Income

Avg. Net Price

$0 to $30,000

$44,967

$30,001 to $48,000

$17,183

$48,001 to $75,000

$43,653

$75,001 to $110,000

$60,184

$110,000+

$36,212

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.

Student Loans

Example Loans

$116,780

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,212

Total interest paid

$28,651

Sum of Loan Payments

$145,431

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 $14,543 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 $145,431 which is $28,651 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	$47,300	$47,300
Room & Board Cost	$15,785	$15,785
Total Tuition & Fees	$63,085	$63,085

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.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$46,700	$46,700
Fees	$600	$600

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.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$1,900

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.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$15,785	$15,785
Other Expense	$4,600	$4,600
Book & Supplies	$1,000	$1,000

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.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$15,785

Off Campus

$15,785

Housing & Other Expenses

Other Expenses

On Campus

$4,600

Off Campus

$4,600

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Projected Price for a 4 year degree

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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