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Paine College Tuition and Fees

Paine College which is a private, United Methodist university, is located in Augusta, Georgia. At Paine College, the total enrolment stands at 448. To teach various courses to the students, the school has employed a total of 44 faculty. Speaking of gender distribution, there are around 56% of the students who are females and 44% are males at Paine College. At PC, around 89% of the students are 24 and under. The college has produced several achievers in its many years of existence and some of

$14,206

Tuition

$26,782

Cost of Attendance

$14,614

Net Price

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Paine College Tuition and Fees

Paine College is known for offering a wide range of undergraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at PC is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Paine College comes to around $16,096, which includes tuition and other expenses as well. The housing costs $6,662, books and supplies cost $1,000, while the other expenses add up to $3,024.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$16,096	$16,096
Book & Supplies	$1,000	$1,000
Room & Board cost	$6,662	$6,662
Other Expenses	$3,024	$3,024
Total Cost of Attendance	$26,782	$26,782

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Paine College come out to be around $16,096 per year. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $6,662 for room and boarding charges, and $3,024 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at PC is around $26,782, as per the available information.

Average Net Price by Family Income

Net Price

$14,614

Family Income

Avg. Net Price

$0 to $30,000

$14,556

$30,001 to $48,000

$14,782

$48,001 to $75,000

$15,084

$75,001 to $110,000

$15,921

$110,000+

$10,045

As for the net cost for attending PC, 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At PC, the average net price is estimated to be $12,683. For students with a family income below $30,000, the estimated net price is $12,487, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $13,372. Meanwhile, the net price stands at $15,896 for the $48,001-$75,000 income bracket and at $18,480 for an income between $75,001 and $110,000. This amount adds up to $13,319 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$57,576

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$598

Total interest paid

$14,126

Sum of Loan Payments

$71,702

To have a realistic understanding of how much it will cost to study at Paine College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $57,576 for example. This will result in a $7,170 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 $71,702 which is $14,126 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	$16,096	$16,096
Room & Board Cost	$6,662	$6,662
Total Tuition & Fees	$22,758	$22,758

For students pursuing undergraduate courses at Paine College, the tuition and fees are estimated to be $16,096 per year. Moreover, the applicants must also pay an amount of $6,662 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $26,782 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	$592

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 Paine College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $123. Paine College also offers a wide range of online programs across 25 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$6,662	$6,662
Other Expense	$3,024	$3,024
Book & Supplies	$1,000	$1,000

Now, coming to the lodging and related expenses at PC, 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 $9,686 per year. Besides, the room and boarding charges for the students come to around $6,662 per year. In addition to that, the candidates will have to pay an amount of about $1,000 for books and supplies. Furthermore, the other expenses that the students should plan for come to around $3,024.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,662

Off Campus

$6,662

Housing & Other Expenses

Other Expenses

On Campus

$3,024

Off Campus

$3,024

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Paine College is around $135,138 as per official data. Notably, the total expenses for undergraduate students amounted to $12,683 in 2018-2019, $14,614 in 2017-2018, and $16,651 in 2016-2017.

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