$15,750

Tuition

$29,560

Cost of Attendance

$12,244

Net Price

Spartanburg Methodist College Tuition and Fees

Spartanburg Methodist College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at SMC is quite low compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $17,310, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $9,500, the charges for books and supplies and other expenses stand at $1,160 and $4,475, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$17,035$17,035
Book & Supplies$750$750
Room & Board cost$9,375$9,375
Other Expenses$2,400$2,400
Total Cost of Attendance$29,560$29,560

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 Spartanburg Methodist College come out to be around $17,310 per year. Apart from that, they should also pay an average amount of $1,160 toward books and supplies, $7,950 for room and boarding charges, and $4,475 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at SMC is around $30,895, as per the available information.

Average Net Price by Family Income

Net Price

$12,244

Family Income

Avg. Net Price

$0 to $30,000

$11,608

$30,001 to $48,000

$11,869

$48,001 to $75,000

$12,781

$75,001 to $110,000

$14,775

$110,000+

$14,296

The net cost of attending Spartanburg Methodist College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At SMC, the average net price is estimated to be around $12,672. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $12,636. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $12,198. Meanwhile, the net price stands at $13,269 for the $48,001-$75,000 income bracket and at $14,518 for an income between $75,001 and $110,000. This amount adds up to $14,778 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$25,206

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$262

Total interest paid

$6,184

Sum of Loan Payments

$31,390

To have a realistic understanding of how much it will cost to study at Spartanburg Methodist College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $25,206 for example. This will result in a $3,139 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 $31,390 which is $6,184 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$17,035$17,035
Room & Board Cost$9,375$9,375
Total Tuition & Fees$26,410$26,410

At Spartanburg Methodist College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $17,310 per year. Alongside that, they will likewise need to shell out around $7,950 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $30,895.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$425

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 SMC. At SMC, the cost per credit hour for graduate courses is $133. Spartanburg Methodist College also offers a wide range of online programs across 6 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$9,375$6,700
Other Expense$2,400$5,150
Book & Supplies$750$750

Now, coming to the lodging and related expenses at SMC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $12,950 per year, while students have to pay $11,900 a year for off-campus housing. The room and boarding charges for on-campus students come to around $9,500, while the off-campus candidates would need to pay $6,400. On the other hand, the charges toward books and supplies come to around $1,160. The other expenses that students should plan for come to around $3,450 for on-campus candidates and $5,500 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,375

Off Campus

$6,700

Housing & Other Expenses

Other Expenses

On Campus

$2,400

Off Campus

$5,150

Housing & Other Expenses

Book & Supplies

On Campus

$750

Off Campus

$750

Now, coming to the lodging and related expenses at SMC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $12,950 per year, while students have to pay $11,900 a year for off-campus housing. The room and boarding charges for on-campus students come to around $9,500, while the off-campus candidates would need to pay $6,400. On the other hand, the charges toward books and supplies come to around $1,160. The other expenses that students should plan for come to around $3,450 for on-campus candidates and $5,500 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate NA $395

Spartanburg Methodist College offers 1 online programs across 1 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 $154,769. For undergraduate students, the total expenses added up to $12,672 in 2018-2019, $12,662 in 2017-2018, and $12,818 in 2016-2017.

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