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Vermilion Community College (VCFA) Tuition and Fees

There is a public university in Ely, Minnesota called Vermilion Community College. Across all the courses offered at Vermilion Community College, the enrolment stands at 637. To teach various courses to the students, the school has employed a total of 31 faculty. At Vermilion Community College, around 94% of the students are 24 and under. Talking about gender distribution at VCC, around 40% of the students are females and 60% are males. For any university, alumni play a significant role. From

$4,729

Tuition

$18,452

Cost of Attendance

$11,383

Net Price

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Vermilion Community College (VCFA) Tuition and Fees

Vermilion Community College is a prominent educational institution known for providing a plethora of programs across a range of fields, ensuring high-quality education for students. Notably, the cost of education for the courses offered here is low compared to the tuition charged by many institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $6,075, which includes the total tuition fees and other expenses. The housing costs $7,197, books and supplies cost $1,000, while the other expenses add up to $4,930.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$5,325	$6,506
Book & Supplies	$1,000	$1,000
Room & Board cost	$7,197	$7,197
Other Expenses	$4,930	$4,930
Total Cost of Attendance	$18,452	$19,633

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. 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 Vermilion Community College, the total tuition and fees for the enrolled students come out to be around $6,075 in a year. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $7,197 for room and boarding charges, and $4,930 toward other expenses on average in a year. So, the overall cost of attending VCC comes out to be about $19,202 per year, according to the most recent information available. Moreover, the tuition fees that the candidates have to pay stand at $5,467 and $6,684 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$11,383

Family Income

Avg. Net Price

$0 to $30,000

$9,902

$30,001 to $48,000

$10,378

$48,001 to $75,000

$12,361

$75,001 to $110,000

$14,570

$110,000+

$15,657

The net cost of attending Vermilion Community 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 VCC, the average net price is estimated to be around $13,176. For students with a family income below $30,000, the estimated net price is $10,329, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $10,764. Meanwhile, the net price stands at $14,519 for the $48,001-$75,000 income bracket and at $16,823 for an income between $75,001 and $110,000. This amount adds up to $17,515 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$18,646

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$194

Total interest paid

$4,575

Sum of Loan Payments

$23,221

To have a realistic understanding of how much it will cost to study at Vermilion Community College (VCFA) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $18,646 for example. This will result in a $2,322 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 $23,221 which is $4,575 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	$5,325	$6,506
Room & Board Cost	$7,197	$7,197
Total Tuition & Fees	$12,522	$13,703

At Vermilion Community College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $6,075 in a year. Alongside that, they will likewise need to shell out around $7,197 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $19,202.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$158

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Vermilion Community College varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $46.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,197	$7,197
Other Expense	$4,930	$4,930
Book & Supplies	$1,000	$1,000

Now, coming to the lodging and related expenses at VCC, 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 $12,127 per year. Besides, the room and boarding charges for the students come to around $7,197 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 $4,930.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,197

Off Campus

$7,197

Housing & Other Expenses

Other Expenses

On Campus

$4,930

Off Campus

$4,930

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

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 $96,242. In contrast, the total expenses for undergraduate students amounted to $13,176 in 2018-2019, $13,623 in 2017-2018, and $13,252 in 2016-2017.

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