Private 2 Year

Virginia College-Montgomery Tuition & Cost

Montgomery, Alabama

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How much does it cost to attend?

Sticker Price
Costs for Virginia College Montgomery
Fee Cost
Books and Supplies$0
Other Fees$250
Estimated Off Campus Cost of Living $8,616
Other Expenses Budget$2,456

Annual Prices

The annual tuition to attend Virginia College Montgomery is $14,382. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $8,616. For educational materials, students should allocate approximately $0 for books and supplies plus $250 for other fees charged by the school. Finally, students should budget $2,456 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Virginia College Montgomery on a full-time basis is $25,704 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Virginia College Montgomery, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
Net Price by Income Virginia College Montgomery
Family Income Net Price Paid
$0 to $30,000$28,327
$30,001 to $48,000$27,628
$48,001 to $75,000$29,447
$75,001 to $110,000n/a

The average reported annual net price for Virginia College Montgomery for students receiving grants or scholarship aid was $28,698 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

80% of full-time undergrad Virginia College Montgomery received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,647 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 81% of students received Federal Student Loans averaging $8,175 and 1% of undergrads took out private student loans averaging $7,805.

Finanical Aid Virginia College Montgomery
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,647 80%
Institutional Grants and Scholarships $1,118 10%
Pell Grants $4,572 76%
Other Federal Grants $1,039 10%
State and Local Grants $0 0%
Federal Student Loans $8,175 81%
Other Student Loans $7,805 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Virginia College Montgomery, we've modeled a ten year student loan with an original principal value of $27,816. The loan balance of $27,816 is a two year multiple of the $13,908 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 $295 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 4.99%.

Example Loan $27,816
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $294.90
Total Interest Paid $7,571.51
Sum of All Loan Payments $35,387.51

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $25,704
2 $27,503

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Virginia College Montgomery to be $51,408 - 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 Virginia College Montgomery
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $400 $1,200 $1,600

Estimated cost for a class at Virginia College Montgomery 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 Virginia College Montgomery versus other colleges.

Tuition Payment Plans Available

Virginia College Montgomery 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=452115 IPEDS survey data for Virginia College Montgomery.