Quantcast

University of Montevallo Tuition & Cost


How much does it cost to attend?

In State Alabama Resident Sticker Price
$25,630
In State Costs for University of Montevallo
Fee Cost
Tuition$11,730
Books and Supplies$1,020
Other Fees$670
Room and Board $9,030
Other Expenses Budget$3,180
Out of State Resident Sticker Price
$38,260
Out of State Costs for University of Montevallo
Fee Cost
Tuition$24,360
Books and Supplies$1,020
Other Fees$670
Room and Board $9,030
Other Expenses Budget$3,180

Residents of Alabama pay an annual total price of $25,630 to attend University of Montevallo on a full time basis. This fee is comprised of $11,730 for tuition, $9,030 room and board, $1,020 for books and supplies and $670 for other fees.

Out of state residents are charged a total cost of $38,260 which is 49.3% higher than Alabama residents. The tuition charge is $24,360 while room and board is $9,030, books and supplies are $1,020 and other fees come in at $670.


Sponsored

Net Price

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

Average Net Price 2017/2018
$16,075
Net Price by Income University of Montevallo
Family Income Net Price Paid
$0 to $30,000$13,829
$30,001 to $48,000$15,096
$48,001 to $75,000$18,067
$75,001 to $110,000$19,986
$110,000+$20,273

The average reported annual net price for University of Montevallo for students receiving grants or scholarship aid was $16,075 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid University of Montevallo
Type Avg./Student Students Receiving
Annual Total Grant Aid $9,898 88%
Pell Grant $4,724 36%
Federal Student Loan $5,504 54%

The average reported annual net price for University of Montevallo for students receiving grants or scholarship aid was $16,075 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Montevallo, we've modeled a ten year student loan with an original principal value of $44,652. The loan balance of $44,652 is a four year multiple of the $11,163 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 $466 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 4.7%.

Example Loan $44,652
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $466.22
Total Interest Paid $11,294.14
Sum of All Loan Payments $55,946.14

Projected 4 Year Degree Price

4 Year Sticker Price
$102,520
Year 1 Year 2 Year 3 Year 4
Alabama Residents $25,630 $27,344 $29,174 $31,125
Non Residents $38,260 $40,819 $43,550 $46,463

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Montevallo to be $102,520 - assuming graduation in normal time. The estimation assumes a 6.7% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at University of Montevallo
Price Per Credit 3 Credit Class 4 Credit Class
Alabama Residents $391 $1,173 $1,564
Out of State Residents $812 $2,436 $3,248

Estimated cost for a class at University of Montevallo 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 University of Montevallo versus other colleges.

Tuition Payment Plans Available

University of Montevallo 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=101709 IPEDS survey data for University of Montevallo.