Merritt College Tuition 2021| The College Monk

$1,104

Tuition

N/A

Cost of Attendance

$9,811

Net Price

Merritt College Tuition and Fees

Merritt 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 Merritt College comes to around $4,521, which includes tuition and other expenses as well. While books and supplies cost $1,971, the charges for other expenses stand at $7,038.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$1,254	$7,806
Book & Supplies	$1,918	$1,918
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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. What's more, at Merritt College, the total tuition and fees for the enrolled students come out to be around $4,521 in a year. Apart from that, they should also pay an average amount of $1,971 toward books and supplies, $15,084 for room and boarding charges, and $7,038 toward other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $28,614 per year. At MC, the tuition and fees come out to be around $1,257 for in-state students and $7,785 for out-state candidates.

Average Net Price by Family Income

Net Price

$9,811

Family Income

Avg. Net Price

$0 to $30,000

$8,264

$30,001 to $48,000

$8,010

$48,001 to $75,000

$11,464

$75,001 to $110,000

$110,000+

The net price of attending Merritt College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. 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 $13,146 at MC. For students with a family income below $30,000, the estimated net price is $10,131, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $10,498. On the other hand, an estimated net cost of $12,916 is charged for the $48,001-$75,000 income bracket, $15,707 for the $75,001-$110,000 income category, and $15,872 for an annual family income more than $110,000.

Student Loans

Example Loans

$22,244

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$231

Total interest paid

$5,457

Sum of Loan Payments

$27,701

To have a realistic understanding of how much it will cost to study at Merritt College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $22,244 for example. This will result in a $2,770 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 $27,701 which is $5,457 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	$1,254	$7,806
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

For students pursuing undergraduate courses at Merritt College, the tuition and fees are estimated to be $4,521 per year. Alongside that, they will likewise need to shell out around $15,084 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $28,614.

Cost Per Credit Hour

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

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 MC. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $34. Merritt College also offers a wide range of online programs across 32 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$13,780
Other Expense	N/A	$6,210
Book & Supplies	$1,918	$1,918

Students of MC who opt to live off-campus will be required to pay $22,122 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. The room and boarding charges for the university’s off-campus students come to around $15,084. Coming to the books and supplies charges, the students will be required to pay an amount of $1,971. The other expenses that students need to plan for come to around $7,038 for candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$13,780

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$6,210

Housing & Other Expenses

Book & Supplies

On Campus

$1,918

Off Campus

$1,918

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Certificate	NA	NA
Certificate	NA	NA

Merritt College offers 2 online programs across 1 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 Merritt College is around $143,913 as per official data. For undergraduate students, the total expenses added up to $13,146 in 2018-2019, $9,811 in 2017-2018, and $6,540 in 2016-2017.