Midlands Technical College Tuition 2021| The College Monk

$5,352

Tuition

N/A

Cost of Attendance

$5,633

Net Price

Midlands Technical College Tuition and Fees

Midlands Technical 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. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $9,864, which includes the total tuition fees and other expenses. While books and supplies cost $1,640, the charges for other expenses stand at $4,980.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$5,610	$13,074
Book & Supplies	$1,620	$1,620
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 Midlands Technical College, the total tuition and fees for the enrolled students come out to be around $9,864 in a year. Other than that, they will need to shell out an amount of $1,640 for books and supplies, $6,843 for room and boarding charges, and $4,980 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at MTC is around $23,327, as per the available information. At the university, in-state students will be required to pay an amount of $5,916 toward tuition and fees, while out-state candidates need to shell out $13,812.

Average Net Price by Family Income

Net Price

$5,633

Family Income

Avg. Net Price

$0 to $30,000

$4,061

$30,001 to $48,000

$4,360

$48,001 to $75,000

$6,087

$75,001 to $110,000

$7,645

$110,000+

$7,532

The net cost of attending Midlands Technical College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At MTC, the average net price is estimated to be around $5,864. The net price for students with an annual family income below $30,000 is reported to be around $3,749. For the individuals who come under the $30,001-$48,000 income category, the net cost is $4,161. On the other hand, an estimated net cost of $6,100 is charged for the $48,001-$75,000 income bracket, $7,725 for the $75,001-$110,000 income category, and $8,098 for an annual family income more than $110,000.

Student Loans

Example Loans

$11,424

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$119

Total interest paid

$2,803

Sum of Loan Payments

$14,227

To have a realistic understanding of how much it will cost to study at Midlands Technical College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $11,424 for example. This will result in a $1,423 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 $14,227 which is $2,803 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	$5,610	$13,074
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

For students pursuing undergraduate courses at Midlands Technical College, the tuition and fees are estimated to be $9,864 per year. They would also be required to pay around $6,843 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at MTC adds up to $23,327.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$223

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 MTC. The cost per credit hour for the graduate courses at the college sits at $75. At present, Midlands Technical College also offers various online programs to students across as many as 32 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$6,718
Other Expense	N/A	$4,863
Book & Supplies	$1,620	$1,620

Students of MTC who opt to live off-campus will be required to pay $11,823 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. Moreover, off-campus candidates will have to pay an amount of $6,843 toward room and boarding charges. Coming to the books and supplies charges, the students will be required to pay an amount of $1,640. Meanwhile, the other expenses that one needs to plan for add up to $4,980 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$6,718

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$4,863

Housing & Other Expenses

Book & Supplies

On Campus

$1,620

Off Campus

$1,620

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Associate	$11,748	NA
Certificate	$3,738	NA
Certificate	$3,738	NA

Midlands Technical College offers 5 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 $118,020. To note, the total expenses for undergraduate students stood at $5,864 for 2018-2019, $5,633 for 2017-2018, and $6,093 for 2016-2017.