$4,729

Tuition

$17,761

Cost of Attendance

$6,540

Net Price

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Mesabi Range College Tuition and Fees

Mesabi Range 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 MRC is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Mesabi Range College comes to around $6,075, which includes tuition and other expenses as well. While housing costs $8,960, the charges for books and supplies and other expenses stand at $1,000 and $4,500, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$5,329$6,511
Book & Supplies$1,000$1,000
Room & Board cost$6,932$6,932
Other Expenses$4,500$4,500
Total Cost of Attendance$17,761$18,943

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. 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 Mesabi Range College come out to be around $6,075 per year. Apart from that, they should also pay an average amount of $1,000 toward books and supplies, $8,960 for room and boarding charges, and $4,500 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at MRC is around $20,535, as per the available information. Moreover, the tuition fees that the candidates have to pay stand at $5,467 and $6,684 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$6,540

Family Income

Avg. Net Price

$0 to $30,000

$5,523

$30,001 to $48,000

$5,719

$48,001 to $75,000

$8,547

$75,001 to $110,000

$11,368

$110,000+

$11,747

As for the net cost for attending MRC, 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. Simply put, the family income of the candidate is a key factor in determining the net amount. At MRC, the average net price is estimated to be $9,692. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $8,722. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $8,716. Meanwhile, the net price stands at $10,410 for the $48,001-$75,000 income bracket and at $14,854 for an income between $75,001 and $110,000. This amount adds up to $15,055 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$13,790

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$143

Total interest paid

$3,383

Sum of Loan Payments

$17,173

To have a realistic understanding of how much it will cost to study at Mesabi Range College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $13,790 for example. This will result in a $1,717 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 $17,173 which is $3,383 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$5,329$6,511
Room & Board Cost$6,932$6,932
Total Tuition & Fees$12,261$13,443

For students pursuing undergraduate courses at Mesabi Range College, the tuition and fees are estimated to be $6,075 per year. Alongside that, they will likewise need to shell out around $8,960 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $20,535 per year, based on the available data.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$158

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Mesabi Range College varies for graduate and undergraduate courses. At MRC, the cost per credit hour for graduate courses is $46. At present, Mesabi Range College also offers various online programs to students across as many as 16 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$6,932$6,932
Other Expense$4,500$4,500
Book & Supplies$1,000$1,000

On the other hand, the room and board charges that the students have to pay total around $8,960 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Meanwhile, the other expenses that a student needs to plan for add up to $4,500.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,932

Off Campus

$6,932

Housing & Other Expenses

Other Expenses

On Campus

$4,500

Off Campus

$4,500

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

On the other hand, the room and board charges that the students have to pay total around $8,960 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Meanwhile, the other expenses that a student needs to plan for add up to $4,500.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate NA $202
Certificate NA $202
Certificate NA $202

Mesabi Range College offers 4 online programs across 3 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $102,944. In comparison, the total expenses for undergraduate students stood at $9,692 for 2018-2019, $10,140 for 2017-2018, and $8,692 for 2016-2017.

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