V
Montgomery, Alabama

Virginia College-Montgomery Tuition & Cost

How much does it cost to attend?

Sticker Price
$25,704
Costs for Virginia College Montgomery
Fee Cost
Tuition$14,382
Books and Supplies$0
Other Fees$250
Estimated Off Campus Cost of Living $8,616
Other Expenses Budget$2,456

Annual Prices

The annual list price to attend Virginia College Montgomery on a full time basis for 2017/2018 is $25,704 for all students regardless of their residency. This fee is comprised of $14,382 for tuition, $8,616 room and board, $0 for books and supplies and $250 for other fees. Out of state tuition for Virginia College Montgomery is $14,382, the same as Alabama residents.

All price data is sourced from the 2017/2018 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 Virginia College Montgomery when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$28,698
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
$110,000+$32,594

The average reported annual net price for Virginia College Montgomery for students receiving grants or scholarship aid was $28,698 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 Virginia College Montgomery
Type Avg./Student Students Receiving
Annual Total Grant Aid $4,647 80%
Pell Grant $4,572 76%
Federal Student Loan $8,175 81%

The average reported annual net price for Virginia College Montgomery for students receiving grants or scholarship aid was $28,698 in 2017/2018.

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 $290 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 $27,816
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $290.43
Total Interest Paid $7,035.69
Sum of All Loan Payments $34,851.69

Projected 2 Year Degree Price

2 Year Sticker Price
$51,408
Year All Residents
1 $25,704
2 $26,529

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 3.2% annual increase over the next 2 years which has been the recent trend for this school.

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.