T
Private 2 Year

Tri-State Institute Tuition & Cost

Birmingham, Alabama

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How much does it cost to attend?

Sticker Price

$37,545
Costs for Tri State Institute
Fee Cost
Tuition$14,359
Other Fees$202
Books and Supplies$1,433
Estimated Off Campus Cost of Living $11,025
Other Expenses Budget$10,526

Annual Tuition & Costs

The annual tuition to attend Tri State Institute is $14,359. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $11,025. For educational materials, students should allocate approximately $1,433 for books and supplies plus $202 for other fees charged by the school. Finally, students should budget $10,526 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Tri State Institute on a full-time basis is $37,545 per annum.

Housing Costs

Tri State Institute doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Birmingham area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $11,025.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,433.

Other Living Expenses

Off-campus students should budget for $10,526 in other miscellaneous living expenses.

All price data is sourced from the 2023/2024 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

The average reported annual net price for Tri State Institute for students receiving grants or scholarship aid was $22,741* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2022/2023

$22,741

Below is the average net price by student family income.

Net Price by Income Tri State Institute
Family Income Net Price Paid
$0 to $30,000$22,514
$30,001 to $48,000$22,888
$48,001 to $75,000$24,641
$75,001 to $110,000$29,880
$110,000+$29,880

The net price provides a more realistic estimate of the true cost of attending Tri State Institute, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2022/2023 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

86% 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 $7,194 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

86 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $6,814. To apply for a Pell Grant to attend Tri State Institute, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

79% of students received Federal Student Loans averaging $7,427.

Finanical Aid Tri State Institute
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,194 86%
Institutional Grants and Scholarships $135 39%
Pell Grants $6,814 86%
Other Federal Grants $352 38%
State and Local Grants $9,931 1%
Federal Student Loans $7,427 79%
Other Student Loans $0 0%

Financial Aid Mix - $37,545 Total Cost

CollegeSimply has modeled example payment coverage for the annual tuition and living expenses of $37,545. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
27%
46%

Grants and Scholarships

27% - $7,194

Money granted to you by the U.S. Department of Education, Tri State Institute or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

27% - $7,427

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

46% -  $12,398

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could 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 $45,482. The loan balance of $45,482 is a two year multiple of the $22,741 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 $517 could be required to pay off your student loan. The total of all payments including interest would sum $62,056.01.

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 6.53%.

Example Loan $45,482
Stafford Loan Interest Rate 6.53%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $517.13
Total Interest Paid $16,574.01
Sum of All Loan Payments $62,056.01

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Tri State Institute, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $62,056.01 would be needed to afford a $517.13 monthly payment in the example $45,482.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about Tri State Institute student loan debt and graduate salaries under student outcomes.

Projected 2 Year Degree Price

2 Year Sticker Price

$75,090
Year All Residents
1 $37,545
2 $38,603

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 $75,090 - assuming graduation in normal time. The estimation assumes a 2.8% 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

Tuition History

Historical tuition and price increases for Tri State Institute.

YearTuitionAnnual Increase
2023$14,359-2.6%
2022$14,7419.2%
2021$13,497-0.1%
2020$13,5142.4%
2019$13,1912.1%
2017$12,9211.5%
2016$12,7363.6%
2015$12,291-5.2%
2014$12,9660.5%
2013$12,901

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Tri State Institute in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Tri State Institute student loan.

Prepayment Option

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

Last updated February 24, 2025