Saint Michael's College (SMC) Tuition 2021| The College Monk

$45,050

Tuition

$59,765

Cost of Attendance

$31,323

Net Price

Saint Michael's College (SMC) Tuition and Fees

Saint Michael's College offers undergraduate and postgraduate 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. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $47,045, which includes the total tuition fees and other expenses. While housing costs $12,950, the charges for books and supplies and other expenses stand at $1,250 and $950, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$45,375	$45,375
Book & Supplies	$1,200	$1,200
Room & Board cost	$12,220	$12,220
Other Expenses	$970	$970
Total Cost of Attendance	$59,765	$59,765

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. 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. What's more, at Saint Michael's College, the total tuition and fees for the enrolled students come out to be around $47,045 in a year. Other than that, they will need to shell out an amount of $1,250 for books and supplies, $12,950 for room and boarding charges, and $950 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at SMC is around $62,195, as per the available information.

Average Net Price by Family Income

Net Price

$31,323

Family Income

Avg. Net Price

$0 to $30,000

$20,674

$30,001 to $48,000

$23,497

$48,001 to $75,000

$25,011

$75,001 to $110,000

$26,691

$110,000+

$35,337

As for the net cost for attending SMC, 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. So, it all essentially depends on the family income bracket of the student. At SMC, the average net price is estimated to be around $30,386. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $18,905. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $21,455. Meanwhile, the net price stands at $21,677 for the $48,001-$75,000 income bracket and at $27,324 for an income between $75,001 and $110,000. This amount adds up to $33,487 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$109,524

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,137

Total interest paid

$26,871

Sum of Loan Payments

$136,395

To have a realistic understanding of how much it will cost to study at Saint Michael's College (SMC) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $109,524 for example. This will result in a $13,639 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 $136,395 which is $26,871 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	$45,375	$45,375
Room & Board Cost	$12,220	$12,220
Total Tuition & Fees	$57,595	$57,595

At Saint Michael's College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $47,045 in a year. Alongside that, they will likewise need to shell out around $12,950 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $62,195.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$10,620	$10,620
Fees	N/A	N/A

As for the students looking to enroll in postgraduate programs at SMC, the tuition and fees they are charged add up to $11,160 per year. Notably, no graduation fee is collected from the students at Saint Michael's College.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$590
Undergraduate	2018 - 2019	$1,445

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 Saint Michael's College varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $186 and the undergraduate cost per credit hour at $361. At present, Saint Michael's College also offers various online programs to students across as many as 41 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$12,220	$12,220
Other Expense	$970	$970
Book & Supplies	$1,200	$1,200

Moving on to the housing and related expenses at Saint Michael's College, 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 $13,900 per year for the same. Besides, the room and boarding charges for the students come to around $12,950 per year. On the other hand, the charges toward books and supplies come to around $1,250. Furthermore, the other expenses that the students should plan for come to around $950.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$12,220

Off Campus

$12,220

Housing & Other Expenses

Other Expenses

On Campus

$970

Off Campus

$970

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	$21,240	$590

Saint Michael's College (SMC) offers 1 online programs across 1 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at SMC are projected to cost around $313,481 as per official data. For undergraduate students, the total expenses added up to $30,386 in 2018-2019, $31,323 in 2017-2018, and $31,997 in 2016-2017.