$4,658

Tuition

N/A

Cost of Attendance

$12,868

Net Price

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Minneapolis Community And Technical College (MCTC) Tuition and Fees

Minneapolis Community and Technical 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 MCTC is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $5,545, which includes the total tuition fees and other expenses. The books and supplies cost $1,400, while the other expenses add up to $5,670.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$5,396$5,396
Book & Supplies$1,400$1,400
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall 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. The total tuition and fees for students attending Minneapolis Community and Technical College come out to be around $5,545 per year. Other than that, they will need to shell out an amount of $1,400 for books and supplies, $11,092 for room and boarding charges, and $5,670 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $23,707 per year.

Average Net Price by Family Income

Net Price

$12,868

Family Income

Avg. Net Price

$0 to $30,000

$12,447

$30,001 to $48,000

$12,830

$48,001 to $75,000

$14,182

$75,001 to $110,000

$17,243

$110,000+

$17,778

The net cost of attending Minneapolis Community and 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. 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 MCTC, the average net price is estimated to be around $12,145. The net price for students with an annual family income below $30,000 is reported to be around $11,411. For the individuals who come under the $30,001-$48,000 income category, the net cost is $12,045. Meanwhile, the net price stands at $13,639 for the $48,001-$75,000 income bracket and at $16,497 for an income between $75,001 and $110,000. This amount adds up to $17,143 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$27,986

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$290

Total interest paid

$6,866

Sum of Loan Payments

$34,852

To have a realistic understanding of how much it will cost to study at Minneapolis Community And Technical College (MCTC) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $27,986 for example. This will result in a $3,485 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 $34,852 which is $6,866 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$5,396$5,396
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

For students pursuing undergraduate courses at Minneapolis Community and Technical College, the tuition and fees are estimated to be $5,545 per year. Alongside that, they will likewise need to shell out around $11,092 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $23,707.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$155

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Minneapolis Community and Technical College varies between graduate and undergraduate degrees. At MCTC, the cost per credit hour for graduate courses is $42. At present, Minneapolis Community and Technical College also offers various online programs to students across as many as 49 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$11,058
Other ExpenseN/A$5,670
Book & Supplies$1,400$1,400

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $16,762 per year. However, it should be noted that on-campus lodging facilities are not available at the college. The room and boarding charges for the university’s off-campus students come to around $11,092. On the other hand, the charges toward books and supplies come to around $1,400. Apart from these, the other expenses that students should plan for add up to $5,670 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$11,058

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$5,670

Housing & Other Expenses

Book & Supplies

On Campus

$1,400

Off Campus

$1,400

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $16,762 per year. However, it should be noted that on-campus lodging facilities are not available at the college. The room and boarding charges for the university’s off-campus students come to around $11,092. On the other hand, the charges toward books and supplies come to around $1,400. Apart from these, the other expenses that students should plan for add up to $5,670 for students who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $12,240 $204
Certificate $4,080 $204
Certificate $4,080 $204

Minneapolis Community And Technical College (MCTC) offers 6 online programs across 3 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 Minneapolis Community and Technical College is around $118,826 as per official data. Notably, the total expenses for undergraduate students amounted to $12,145 in 2018-2019, $12,868 in 2017-2018, and $12,833 in 2016-2017.

Explore Programs by Major

AccountingApplied ScienceInformation Systems

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