$26,670

Tuition

$39,839

Cost of Attendance

$21,454

Net Price

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Montreat College Tuition and Fees

Montreat College is known for offering a wide range of undergraduate and postgraduate 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 MC is quite moderate. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Montreat College comes to around $27,950, which includes tuition and other expenses as well. While housing costs $9,085, the charges for books and supplies and other expenses stand at $1,200 and $2,515, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$26,920$26,920
Book & Supplies$1,200$1,200
Room & Board cost$9,149$9,149
Other Expenses$2,570$2,570
Total Cost of Attendance$39,839$39,839

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. The total tuition and fees for students attending Montreat College come out to be around $27,950 per year. Other than that, they will need to shell out an amount of $1,200 for books and supplies, $7,664 for room and boarding charges, and $2,515 toward other expenses on average in a year. So, the overall cost of attending MC comes out to be about $39,329 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$21,454

Family Income

Avg. Net Price

$0 to $30,000

$17,832

$30,001 to $48,000

$17,788

$48,001 to $75,000

$19,486

$75,001 to $110,000

$22,380

$110,000+

$26,289

The net price of attending Montreat College 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. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $23,142 at MC. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $17,563. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $20,392. On the other hand, an estimated net cost of $21,707 is charged for the $48,001-$75,000 income bracket, $23,360 for the $75,001-$110,000 income category, and $27,928 for an annual family income more than $110,000.

Student Loans

Example Loans

$71,180

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$739

Total interest paid

$17,463

Sum of Loan Payments

$88,643

To have a realistic understanding of how much it will cost to study at Montreat College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $71,180 for example. This will result in a $8,864 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 $88,643 which is $17,463 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$26,920$26,920
Room & Board Cost$9,149$9,149
Total Tuition & Fees$36,069$36,069

At Montreat College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $27,950 per year. They would also be required to pay around $7,664 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $39,329.

Graduate Tuition and Fees

In-stateOut-State
Tuition$13,770$13,770
Fees$105$105

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at MC, the amount totals around $13,875. This includes $13,770 for the graduate tuition as well as an amount of $105 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$510
Undergraduate2018 - 2019$690

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 MC. The cost per credit hour for graduate degrees sits at $231, while that of undergraduate degrees is $215, as per the 2019-2020 fee structure. At present, Montreat College also offers various online programs to students across as many as 30 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$9,149$6,244
Other Expense$2,570$2,460
Book & Supplies$1,200$1,200

Now, coming to the lodging and related expenses at MC, 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 $11,655 per year, while students have to pay $8,704 a year for off-campus housing. Besides, on-campus candidates will have to pay about $9,085 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $6,244. Coming to the books and supplies charges, the students will be required to pay an amount of $1,200. The other expenses that students should plan for come to around $2,570 for on-campus candidates and $2,460 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,149

Off Campus

$6,244

Housing & Other Expenses

Other Expenses

On Campus

$2,570

Off Campus

$2,460

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Now, coming to the lodging and related expenses at MC, 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 $11,655 per year, while students have to pay $8,704 a year for off-campus housing. Besides, on-campus candidates will have to pay about $9,085 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $6,244. Coming to the books and supplies charges, the students will be required to pay an amount of $1,200. The other expenses that students should plan for come to around $2,570 for on-campus candidates and $2,460 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $49,770 $395
Associate NA $395
Masters $15,300 $510

Montreat College offers 10 online programs across 5 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at MC are projected to cost around $198,231 as per official data. For undergraduate students, the total expenses added up to $23,142 in 2018-2019, $21,454 in 2017-2018, and $21,413 in 2016-2017.

Explore Programs by Major

Business ManagementEducationInformation SystemsPsychologyTheology

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