$9,360

Tuition

N/A

Cost of Attendance

N/A

Net Price

University of Management and Technology (UMT) Tuition and Fees

Since its inception in 1998, University of Management Technology has not increased its tuition fees, which have been $370 per credit hour of instruction for more than twenty years. From current year, it is $390.

Tuition and fees cover the cost of attendance for one academic year, but do not cover room and board, which will be an added bill student will incur if you live on campus. Yet, many students end up spending less than full tuition because they receive financial aid as well as other discounts.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$9,450$9,450
Book & Supplies$240$240
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

The University of Management and Technology believes that one should be able to invest in your future without the burden of hefty federal student loans. Hence in comparison to other colleges, the cost is almost 40% lesser. The total cost of attendance involves only net tuition costs.

The tuition fee is the same for in-state and out-state at $9,450, the books and supplies are at $240. The other charges like Room and board cost and extra charges including student welfare funds are subjected to frequent updations. 

It is recommended to check the official website for any update.

Average Net Price by Family Income

Net price refers to the amount which one actually needs to pay after the University of Management and Technology has granted financial aid. The financial aid is subjected to changes. Looking at one’s family income record, financial aid is provided by the university. Net price includes tuition and required fees, books and supplies, and the average cost for room and board and other expenses. However being an online institution, Ashworth College is not entitled to a fixed net price.

Student Loans

Example Loans

$109,612

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

N/A

Example monthly payment

$1,138

Total interest paid

$26,892

Sum of Loan Payments

$136,504

To have a realistic understanding of how much it will cost to study at University of Management and Technology (UMT) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $109,612 for example. This will result in a $13,650 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a NA repayment plan. Then the total payment made towards the loan is $136,504 which is $26,892 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$9,450$9,450
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

The undergraduate program at UMT is globally recognized. The recruitment records have been great ever since. Every passing student’s first salary starts with a decent salary figure.

Let's look at the tuition fee for an undergraduate program:

  • Tuition & fee for an undergraduate student is $9,450

Graduate Tuition and Fees

In-stateOut-State
Tuition$7,020$7,020
Fees$90$90

For Graduate tuition, in-state educational costs and expenses are $7,020. Graduate fees for in-state and out-state students are $90.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$390
Undergraduate2018 - 2019$390

The graduate cost per credit is $390 and the undergraduate cost per credit is $390.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$6,435
Other ExpenseN/A$500
Book & Supplies$240$240

Choosing between an on-campus or off-campus room and board depends on the convenience of the student. Room & Board off campus would be $6435. The books and supplies cost $240 for both in-state and out-state students. The other expenses one can expect is $500 for those students who are off-campus. Since there is not enough data available for ‘Room & Board on Campus’ and ‘Other Expenses On campus,’ you can refer the official website of UMT (https://www.umtweb.edu/) for further information.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$6,435

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$500

Housing & Other Expenses

Book & Supplies

On Campus

$240

Off Campus

$240

Choosing between an on-campus or off-campus room and board depends on the convenience of the student. Room & Board off campus would be $6435. The books and supplies cost $240 for both in-state and out-state students. The other expenses one can expect is $500 for those students who are off-campus. Since there is not enough data available for ‘Room & Board on Campus’ and ‘Other Expenses On campus,’ you can refer the official website of UMT (https://www.umtweb.edu/) for further information.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $46,800 $390
Masters $17,550 $390
Doctorate NA $390
Associate $23,400 $390
Graduate Certificate $14,040 $390
Certificate $5,850 $390
Certificate $5,850 $390

University of Management and Technology (UMT) offers 56 online programs across 10 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at UMT are projected to cost around $83,125 as per official data. Notably, the total expenses for undergraduate students amounted to $11,207 in 2018-2019.

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