Public 2 Year

College of the Ouachitas Tuition & Cost

Malvern, Arkansas

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How much does it cost to attend?

In State Arkansas Resident Sticker Price
In State Costs for College of the Ouachitas
Fee Cost
Books and Supplies$1,200
Other Fees$1,010
Estimated Off Campus Cost of Living $6,376
Other Expenses Budget$5,896
Out of State Resident Sticker Price
Out of State Costs for College of the Ouachitas
Fee Cost
Books and Supplies$1,200
Other Fees$1,010
Estimated Off Campus Cost of Living $6,376
Other Expenses Budget$5,896

Residents of Arkansas pay an annual total price of $16,930 to attend College of the Ouachitas on a full time basis. This fee is comprised of $2,448 for tuition, $1,200 for books and supplies and $1,010 for other fees.

Out of state residents are charged a total cost of $19,378 which is 14.5% higher than Arkansas residents. The tuition charge is $4,896 while books and supplies are $1,200 and other fees come in at $1,010.

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 College of the Ouachitas 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 College of the Ouachitas
Family Income Net Price Paid
$0 to $30,000$5,599
$30,001 to $48,000$6,232
$48,001 to $75,000$7,972
$75,001 to $110,000$10,594

The average reported annual net price for College of the Ouachitas for students receiving grants or scholarship aid was $6,676 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

88% of full-time undergrad College of the Ouachitas received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,975 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 21% of students received Federal Student Loans averaging $4,929.

Finanical Aid College of the Ouachitas
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,975 88%
Institutional Grants and Scholarships $2,789 12%
Pell Grants $4,999 72%
Other Federal Grants $268 25%
State and Local Grants $1,127 33%
Federal Student Loans $4,929 21%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to College of the Ouachitas, we've modeled a ten year student loan with an original principal value of $9,638. The loan balance of $9,638 is a two year multiple of the $4,819 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 $92 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 $9,638
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $91.96
Total Interest Paid $1,396.86
Sum of All Loan Payments $11,034.86

Projected 2 Year Degree Price

2 Year Sticker Price
Year Arkansas Residents Non Residents
1 $16,930 $19,378
2 $18,115 $20,734

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at College of the Ouachitas to be $33,860 - 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 College of the Ouachitas
Price Per Credit 3 Credit Class 4 Credit Class
Arkansas Residents $102 $306 $408
Out of State Residents $203 $609 $812

Estimated cost for a class at College of the Ouachitas 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 College of the Ouachitas versus other colleges.

Tuition Payment Plans Available

College of the Ouachitas Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=107521 IPEDS survey data for College of the Ouachitas.