$4,730

Tuition

$17,928

Cost of Attendance

$8,220

Net Price

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Mineral Area College Tuition and Fees

Mineral Area 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 MAC is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Mineral Area College comes to around $5,650, which includes tuition and other expenses as well. While housing costs $5,400, the charges for books and supplies and other expenses stand at $2,000 and $5,000, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$4,870$6,430
Book & Supplies$2,000$2,000
Room & Board cost$7,420$7,420
Other Expenses$3,638$3,638
Total Cost of Attendance$17,928$19,488

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 will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $5,650. Apart from that, they should also pay an average amount of $2,000 toward books and supplies, $6,187 for room and boarding charges, and $5,000 toward other expenses in a year. So, the overall cost of attending MAC comes out to be about $18,837 per year, according to the most recent information available. At the university, in-state students will be required to pay an amount of $4,870 toward tuition and fees, while out-state candidates need to shell out $6,430.

Average Net Price by Family Income

Net Price

$8,220

Family Income

Avg. Net Price

$0 to $30,000

$7,548

$30,001 to $48,000

$8,092

$48,001 to $75,000

$9,658

$75,001 to $110,000

$10,708

$110,000+

$9,937

The net price of attending Mineral Area 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 MAC, the average net price is estimated to be around $9,051. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $8,627. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $9,286. On the other hand, an estimated net cost of $10,252 is charged for the $48,001-$75,000 income bracket, $10,927 for the $75,001-$110,000 income category, and $10,557 for an annual family income more than $110,000.

Student Loans

Example Loans

$12,440

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$129

Total interest paid

$3,052

Sum of Loan Payments

$15,492

To have a realistic understanding of how much it will cost to study at Mineral Area College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $12,440 for example. This will result in a $1,549 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 $15,492 which is $3,052 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$4,870$6,430
Room & Board Cost$7,420$7,420
Total Tuition & Fees$12,290$13,850

For students pursuing undergraduate courses at Mineral Area College, the tuition and fees are estimated to be $5,650 per year. Alongside that, they will likewise need to shell out around $6,187 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $18,837.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$151

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 Mineral Area College varies for graduate and undergraduate courses. At MAC, the cost per credit hour for graduate courses is $43. Mineral Area College also offers a wide range of online programs across 31 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,420$6,652
Other Expense$3,638$5,898
Book & Supplies$2,000$2,000

Now, coming to the lodging and related expenses at MAC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $9,216 per year, while students have to pay $13,158 a year for off-campus housing. Besides, on-campus candidates will have to pay about $5,400 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $6,974. Coming to the books and supplies charges, the students will be required to pay an amount of $2,000. The other expenses that students should plan for come to around $3,816 for on-campus candidates and $6,184 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,420

Off Campus

$6,652

Housing & Other Expenses

Other Expenses

On Campus

$3,638

Off Campus

$5,898

Housing & Other Expenses

Book & Supplies

On Campus

$2,000

Off Campus

$2,000

Now, coming to the lodging and related expenses at MAC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $9,216 per year, while students have to pay $13,158 a year for off-campus housing. Besides, on-campus candidates will have to pay about $5,400 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $6,974. Coming to the books and supplies charges, the students will be required to pay an amount of $2,000. The other expenses that students should plan for come to around $3,816 for on-campus candidates and $6,184 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate NA $111
Certificate NA NA
Certificate NA NA

Mineral Area College offers 9 online programs across 4 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 $95,034. Notably, the total expenses for undergraduate students amounted to $9,051 in 2018-2019, $8,220 in 2017-2018, and $8,411 in 2016-2017.

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Business ManagementEducationCriminal JusticeArts

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