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Montserrat College of Art Tuition and Fees

Montserrat College of Art, which is located in Beverly, MA is a private university. Montserrat College of Art was founded in the year 1970. Keeping the pursuit of research, innovation, and excellence at the center, Montserrat College of Art has been imparting quality education to its students. The motto of the varsity is Where Creativity Works and its official colors are silver and blue. Across all the courses offered at Montserrat College of Art, the enrolment stands at 374. The school has a

$31,900

Tuition

$49,000

Cost of Attendance

$30,401

Net Price

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Montserrat College of Art Tuition and Fees

Montserrat College of Art offers undergraduate programs across different fields, providing quality education to students. The expense of education here is very high, 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 Montserrat College of Art comes to around $34,350, which includes tuition and other expenses as well. The housing costs $12,500, books and supplies cost $1,700, while the other expenses add up to $4,000.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$33,400	$33,400
Book & Supplies	$1,700	$1,700
Room & Board cost	$11,900	$11,900
Other Expenses	$2,000	$2,000
Total Cost of Attendance	$49,000	$49,000

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 must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. The total tuition and fees for students attending Montserrat College of Art come out to be around $34,350 per year. Other than that, they will need to shell out an amount of $1,700 for books and supplies, $12,500 for room and boarding charges, and $4,000 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $52,550 per year.

Average Net Price by Family Income

Net Price

$30,401

Family Income

Avg. Net Price

$0 to $30,000

$23,667

$30,001 to $48,000

$28,503

$48,001 to $75,000

$30,424

$75,001 to $110,000

$32,427

$110,000+

$33,185

As for the net cost for attending MCA, 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. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $31,116 at MCA. The net price for students with an annual family income below $30,000 is reported to be around $30,376. For the individuals who come under the $30,001-$48,000 income category, the net cost is $26,644. The amount stands at $29,207 for an annual income between $48,001 and $75,000, $33,687 for the $75,001-$110,000 income bracket, and $34,164 for a family income above $110,000.

Student Loans

Example Loans

$90,728

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$942

Total interest paid

$22,259

Sum of Loan Payments

$112,987

To have a realistic understanding of how much it will cost to study at Montserrat College of Art here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $90,728 for example. This will result in a $11,299 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 $112,987 which is $22,259 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	$33,400	$33,400
Room & Board Cost	$11,900	$11,900
Total Tuition & Fees	$45,300	$45,300

At Montserrat College of Art, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $34,350 per year. Alongside that, they will likewise need to shell out around $12,500 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MCA adds up to $52,550.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$1,329

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 Montserrat College of Art varies for graduate and undergraduate courses. The cost per credit hour for the graduate courses at the college sits at $264. Montserrat College of Art also offers a wide range of online programs across 10 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$11,900	$11,900
Other Expense	$2,000	$2,000
Book & Supplies	$1,700	$1,700

Moving on to the housing and related expenses at Montserrat College of Art, these charges are the same irrespective of whether the candidate decides to stay on-campus or off-campus. The students will be required to pay $16,500 per year for the same. Besides, the room and boarding charges for the students come to around $12,500 per year. On the other hand, the charges toward books and supplies come to around $1,700. Furthermore, the other expenses that the students should plan for come to around $4,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$11,900

Off Campus

$11,900

Housing & Other Expenses

Other Expenses

On Campus

$2,000

Off Campus

$2,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,700

Off Campus

$1,700

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 $264,771. Notably, the total expenses for undergraduate students amounted to $31,116 in 2018-2019, $30,401 in 2017-2018, and $28,777 in 2016-2017.

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