Morningside College Tuition 2021| The College Monk

$30,030

Tuition

$45,579

Cost of Attendance

$23,396

Net Price

Morningside College Tuition and Fees

Morningside College offers undergraduate, postgraduate, and doctoral programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $32,720, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $9,840, the charges for books and supplies and other expenses stand at $1,300 and $2,800, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$31,530	$31,530
Book & Supplies	$1,323	$1,323
Room & Board cost	$9,610	$9,610
Other Expenses	$3,116	$3,116
Total Cost of Attendance	$45,579	$45,579

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. For students attending the university, the total tuition and fees for one year add up to about $32,720. Apart from that, they should also pay an average amount of $1,300 toward books and supplies, $9,840 for room and boarding charges, and $2,800 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at MC is around $46,660, as per the available information.

Average Net Price by Family Income

Net Price

$23,396

Family Income

Avg. Net Price

$0 to $30,000

$20,748

$30,001 to $48,000

$21,785

$48,001 to $75,000

$22,115

$75,001 to $110,000

$24,463

$110,000+

$24,718

As for the net cost for attending MC, 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. Simply put, the family income of the candidate is a key factor in determining the net amount. At MC, the average net price is estimated to be $22,831. For students with a family income below $30,000, the estimated net price is $19,805, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $19,166. Meanwhile, the net price stands at $21,842 for the $48,001-$75,000 income bracket and at $21,927 for an income between $75,001 and $110,000. This amount adds up to $22,194 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$73,596

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$764

Total interest paid

$18,056

Sum of Loan Payments

$91,652

To have a realistic understanding of how much it will cost to study at Morningside College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $73,596 for example. This will result in a $9,165 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 $91,652 which is $18,056 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	$31,530	$31,530
Room & Board Cost	$9,610	$9,610
Total Tuition & Fees	$41,140	$41,140

At Morningside College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $32,720 per year. They would also be required to pay around $9,840 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $46,660.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$4,770	$4,770
Fees	N/A	N/A

As for the students looking to enroll in postgraduate programs at MC, the tuition and fees they are charged add up to $5,040 per year. It is interesting to note that Morningside College does not charge any graduation fees from students.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$265
Undergraduate	2018 - 2019	$550

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 MC. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $84 and the undergraduate cost per credit hour at $251. Morningside College also offers a wide range of online programs across 62 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,610	$9,610
Other Expense	$3,116	$3,116
Book & Supplies	$1,323	$1,323

Now, coming to the lodging and related expenses at MC, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $12,640 per year. Moreover, the candidates will have to pay about $9,840 a year toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $1,300 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $2,800.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,610

Off Campus

$9,610

Housing & Other Expenses

Other Expenses

On Campus

$3,116

Off Campus

$3,116

Housing & Other Expenses

Book & Supplies

On Campus

$1,323

Off Campus

$1,323

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	$9,540	$265
Undergraduate Certificate	NA	NA

Morningside College offers 3 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 $235,240. In contrast, the total expenses for undergraduate students amounted to $22,831 in 2018-2019, $23,396 in 2017-2018, and $22,190 in 2016-2017.