Ohio Valley College of Technology (OVCT) Tuition 2021| The College Monk

$11,421

Tuition

N/A

Cost of Attendance

$14,554

Net Price

Ohio Valley College of Technology (OVCT) Tuition and Fees

Ohio Valley College of Technology provides a diverse range of programs across different fields, offering quality education to students. The cost of education here is quite 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 Ohio Valley College of Technology comes to around $12,969, which includes tuition and other expenses as well. The books and supplies and other expenses cost $290 and $3,473, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$12,969	$12,969
Book & Supplies	$270	$270
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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 Ohio Valley College of Technology come out to be around $12,969 per year. Other than that, they will need to shell out an amount of $290 for books and supplies, $6,083 for room and boarding charges, and $3,473 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at OVCT is around $22,815, as per the available information.

Average Net Price by Family Income

Net Price

$14,554

Family Income

Avg. Net Price

$0 to $30,000

$14,585

$30,001 to $48,000

$14,029

$48,001 to $75,000

$19,091

$75,001 to $110,000

$20,926

$110,000+

As for the net cost for attending OVCT, 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 $13,563 at OVCT. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $12,689. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $14,724. On the other hand, an estimated net cost of $19,421 is charged for the $48,001-$75,000 income bracket, $17,797 for the $75,001-$110,000 income category, and $19,971 for an annual family income more than $110,000.

Student Loans

Example Loans

$24,612

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$255

Total interest paid

$6,038

Sum of Loan Payments

$30,650

To have a realistic understanding of how much it will cost to study at Ohio Valley College of Technology (OVCT) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $24,612 for example. This will result in a $3,065 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 $30,650 which is $6,038 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	$12,969	$12,969
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Ohio Valley College of Technology, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $12,969 in a year. They would also be required to pay around $6,083 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $22,815 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$419

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 Ohio Valley College of Technology varies for graduate and undergraduate courses. At OVCT, the cost per credit hour for graduate courses is $99.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$6,261
Other Expense	N/A	$3,678
Book & Supplies	$270	$270

Students of OVCT who opt to live off-campus will be required to pay $9,556 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. The room and boarding charges for the university’s off-campus students come to around $6,083. Coming to the books and supplies charges, the students will be required to pay an amount of $290. Meanwhile, the other expenses that one needs to plan for add up to $3,473 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$6,261

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$3,678

Housing & Other Expenses

Book & Supplies

On Campus

$270

Off Campus

$270

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Ohio Valley College of Technology is around $114,918 as per official data. Notably, the total expenses for undergraduate students amounted to $13,563 in 2018-2019, $14,554 in 2017-2018, and $12,152 in 2016-2017.