OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Miles College Tuition and Fees

A private, Christian Methodist Episcopal university, Miles College is situated in Fairfield, AL. Miles College occupies a total area of about 76 acres. The foundation of Miles College was laid down in the year 1898. Keeping the pursuit of research, innovation, and excellence at the center, Miles College has been imparting quality education to its students. The motto of the varsity is "Knowledge and Peace and Love for all." and its official colors are purple and gold. Across all the courses of

$10,632

Tuition

$22,418

Cost of Attendance

$15,246

Net Price

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Miles College Tuition and Fees

Miles College offers undergraduate programs across different fields, providing quality education to students. The expense of education here is very 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 Miles College comes to around $12,464, which includes tuition and other expenses as well. While housing costs $7,348, the charges for books and supplies and other expenses stand at $250 and $2,912, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$12,132	$12,132
Book & Supplies	$200	$200
Room & Board cost	$7,254	$7,254
Other Expenses	$2,832	$2,832
Total Cost of Attendance	$22,418	$22,418

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 Miles College come out to be around $12,464 per year. Apart from that, they should also pay an average amount of $250 toward books and supplies, $9,096 for room and boarding charges, and $2,912 toward other expenses in a year. So, the overall cost of attending MC comes out to be about $24,722 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$15,246

Family Income

Avg. Net Price

$0 to $30,000

$15,071

$30,001 to $48,000

$14,955

$48,001 to $75,000

$16,011

$75,001 to $110,000

$17,266

$110,000+

$18,642

The net price of attending Miles 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. 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 MC, the average net price is estimated to be around $14,084. The net price for students with an annual family income below $30,000 is reported to be around $13,850. For the individuals who come under the $30,001-$48,000 income category, the net cost is $14,234. The amount stands at $16,364 for an annual income between $48,001 and $75,000, $14,357 for the $75,001-$110,000 income bracket, and $17,812 for a family income above $110,000.

Student Loans

Example Loans

$53,416

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$554

Total interest paid

$13,105

Sum of Loan Payments

$66,521

To have a realistic understanding of how much it will cost to study at Miles College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $53,416 for example. This will result in a $6,652 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 $66,521 which is $13,105 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	$12,132	$12,132
Room & Board Cost	$7,254	$7,254
Total Tuition & Fees	$19,386	$19,386

At Miles College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $12,464 in a year. Alongside that, they will likewise need to shell out around $9,096 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $24,722.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$448

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 Miles College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $95. At present, Miles College also offers various online programs to students across as many as 25 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,254	$10,845
Other Expense	$2,832	$2,992
Book & Supplies	$200	$200

As far as the housing and related charges at MC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $10,180 per year for on-campus housing and $13,837 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $7,348 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $10,845. On the other hand, the charges toward books and supplies come to around $250. Aside from these, the other expenses that students should plan for add up to $2,832 for on-campus candidates and $2,992 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,254

Off Campus

$10,845

Housing & Other Expenses

Other Expenses

On Campus

$2,832

Off Campus

$2,992

Housing & Other Expenses

Book & Supplies

On Campus

$200

Off Campus

$200

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 $124,223. Notably, the total expenses for undergraduate students amounted to $14,084 in 2018-2019, $15,246 in 2017-2018, and $15,837 in 2016-2017.

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