Public 2 Year

Marion Military Institute Tuition & Cost

Marion, Alabama

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How much does it cost to attend?

In State Alabama Resident Sticker Price
In State Costs for Marion Military Institute
Fee Cost
Books and Supplies$1,800
Other Fees$3,418
Room and Board $4,950
Other Expenses Budget$2,400
Out of State Resident Sticker Price
Out of State Costs for Marion Military Institute
Fee Cost
Books and Supplies$1,800
Other Fees$3,418
Room and Board $4,950
Other Expenses Budget$2,400

Residents of Alabama pay an annual total price of $18,568 to attend Marion Military Institute on a full time basis. This fee is comprised of $6,000 for tuition, $4,950 room and board, $1,800 for books and supplies and $3,418 for other fees.

Out of state residents are charged a total cost of $24,568 which is 32.3% higher than Alabama residents. The tuition charge is $12,000 while room and board is $4,950, books and supplies are $1,800 and other fees come in at $3,418.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Marion Military Institute when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Marion Military Institute
Family Income Net Price Paid
$0 to $30,000$9,238
$30,001 to $48,000$9,207
$48,001 to $75,000$11,660
$75,001 to $110,000$12,087

The average reported annual net price for Marion Military Institute for students receiving grants or scholarship aid was $11,580 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

97% of full-time undergrad Marion Military Institute received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $8,906 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 40% of students received Federal Student Loans averaging $5,516.

Finanical Aid Marion Military Institute
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,906 97%
Institutional Grants and Scholarships $7,097 92%
Pell Grants $4,781 35%
Other Federal Grants $392 10%
State and Local Grants $3,142 12%
Federal Student Loans $5,516 40%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Marion Military Institute, we've modeled a ten year student loan with an original principal value of $22,254. The loan balance of $22,254 is a two year multiple of the $11,127 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $212 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $22,254
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $212.33
Total Interest Paid $3,225.32
Sum of All Loan Payments $25,479.32

Projected 2 Year Degree Price

2 Year Sticker Price
Year Alabama Residents Non Residents
1 $18,568 $24,568
2 $19,868 $26,288

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Marion Military Institute to be $37,136 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Marion Military Institute
Price Per Credit 3 Credit Class 4 Credit Class
Alabama Residents $200 $600 $800
Out of State Residents $400 $1,200 $1,600

Estimated cost for a class at Marion Military Institute based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Marion Military Institute versus other colleges.

Tuition Payment Plans Available

Marion Military Institute Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=101648 IPEDS survey data for Marion Military Institute.