Private 2 Year

Tri-State Institute Tuition & Cost

Birmingham, Alabama

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How much does it cost to attend?

Sticker Price
Costs for Tri State Institute
Fee Cost
Books and Supplies$1,065
Other Fees$135
Estimated Off Campus Cost of Living $8,100
Other Expenses Budget$5,850

Annual Prices

The annual list price to attend Tri State Institute on a full time basis for 2018/2019 is $28,341 for all students regardless of their residency. This fee is comprised of $13,191 for tuition, $8,100 room and board, $1,065 for books and supplies and $135 for other fees. Out of state tuition for Tri State Institute is $13,191, the same as Alabama residents.

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 Tri State 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 Tri State Institute
Family Income Net Price Paid
$0 to $30,000$18,982
$30,001 to $48,000$18,701
$48,001 to $75,000$24,952
$75,001 to $110,000n/a

The average reported annual net price for Tri State Institute for students receiving grants or scholarship aid was $18,498 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

85% of full-time undergrad Tri State 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 $6,157 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 87% of students received Federal Student Loans averaging $8,378 and 4% of undergrads took out private student loans averaging $3,000.

Finanical Aid Tri State Institute
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,157 85%
Institutional Grants and Scholarships $0 0%
Pell Grants $5,918 85%
Other Federal Grants $300 67%
State and Local Grants $0 0%
Federal Student Loans $8,378 87%
Other Student Loans $3,000 4%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Tri State Institute, we've modeled a ten year student loan with an original principal value of $74,446. The loan balance of $74,446 is a two year multiple of the $37,223 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 $710 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 $74,446
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $710.30
Total Interest Paid $10,789.64
Sum of All Loan Payments $85,235.64

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $28,341
2 $28,439

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Tri State Institute to be $56,682 - assuming graduation in normal time. The estimation assumes a 0.3% annual increase over the next 2 years which has been the recent trend for this school.

Tuition Payment Plans Available

Tri State Institute Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=455628 IPEDS survey data for Tri State Institute.