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Laurel Technical Institute Tuition and Fees

A private university by the name of Laurel Technical Institute is located in Sharon, PA. Taking into account all the courses offered at Laurel Technical Institute, the total enrolment stands at 159. To teach various courses to the students, the school has employed a total of 19 faculty. At LTI, around 70% of the students are females and 30% are males. Further, around 60% of the students are 24 and under. The employment rate, after six years of graduation, is a good parameter to gauge the empl

$9,604

Tuition

N/A

Cost of Attendance

$7,812

Net Price

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Laurel Technical Institute Tuition and Fees

Laurel Technical Institute is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at LTI is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Laurel Technical Institute comes to around $10,645, which includes tuition and other expenses as well. The books and supplies and other expenses cost $1,113 and $1,280, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$10,104	$10,104
Book & Supplies	$1,323	$1,323
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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. 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. For students attending the university, the total tuition and fees for one year add up to about $10,645. Apart from that, they should also pay an average amount of $1,113 toward books and supplies, $3,240 for room and boarding charges, and $1,280 toward other expenses in a year. So, the overall cost of attending LTI comes out to be about $16,278 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$7,812

Family Income

Avg. Net Price

$0 to $30,000

$6,842

$30,001 to $48,000

$8,229

$48,001 to $75,000

$10,692

$75,001 to $110,000

$11,871

$110,000+

$14,169

The net price of attending Laurel Technical Institute is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. So, it all essentially depends on the family income bracket of the student. At LTI, the average net price is estimated to be around $5,342. The net price for students with an annual family income below $30,000 is reported to be around $4,588. For the individuals who come under the $30,001-$48,000 income category, the net cost is $4,902. On the other hand, an estimated net cost of $9,640 is charged for the $48,001-$75,000 income bracket and $11,698 for the $75,001-$110,000 income category.

Student Loans

Example Loans

$16,606

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$172

Total interest paid

$4,074

Sum of Loan Payments

$20,680

To have a realistic understanding of how much it will cost to study at Laurel Technical Institute here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $16,606 for example. This will result in a $2,068 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 $20,680 which is $4,074 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	$10,104	$10,104
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

For students pursuing undergraduate courses at Laurel Technical Institute, the tuition and fees are estimated to be $10,645 per year. They would also be required to pay around $3,240 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at LTI adds up to $16,278.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$350

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 Laurel Technical Institute varies for graduate and undergraduate courses. The cost per credit hour for the graduate courses at the college sits at $81.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$3,240
Other Expense	N/A	$1,280
Book & Supplies	$1,323	$1,323

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $4,520 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $3,240 per year. On the other hand, the charges toward books and supplies come to around $1,113. Apart from these, the other expenses that students should plan for add up to $1,280 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$3,240

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$1,280

Housing & Other Expenses

Book & Supplies

On Campus

$1,323

Off Campus

$1,323

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Associate	NA	NA

Laurel Technical Institute offers 1 online programs across 1 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Laurel Technical Institute is around $81,894 as per official data. For undergraduate students, the total expenses added up to $5,342 in 2018-2019, $7,812 in 2017-2018, and $7,327 in 2016-2017.

Explore Programs by Major

Business Management Programs

Tuition

Credits

Associate of Business Management in Medical Office Administration

Duration: 20 month Type: online

Total Credits: 74

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