A
Public 4 Year

UAM Tuition & Cost

Monticello, Arkansas

 2 Reviews

How much does it cost to attend?

In State Arkansas Resident Sticker Price
$19,993
In State Costs for University of Arkansas at Monticello
Fee Cost
Tuition$4,779
Books and Supplies$1,200
Other Fees$3,130
Room and Board $7,058
Other Expenses Budget$3,826
Out of State Resident Sticker Price
$25,843
Out of State Costs for University of Arkansas at Monticello
Fee Cost
Tuition$10,629
Books and Supplies$1,200
Other Fees$3,130
Room and Board $7,058
Other Expenses Budget$3,826

Residents of Arkansas pay an annual total price of $19,993 to attend University of Arkansas at Monticello on a full time basis. This fee is comprised of $4,779 for tuition, $7,058 room and board, $1,200 for books and supplies and $3,130 for other fees.

Out of state residents are charged a total cost of $25,843 which is 29.3% higher than Arkansas residents. The tuition charge is $10,629 while room and board is $7,058, books and supplies are $1,200 and other fees come in at $3,130.

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 University of Arkansas at Monticello when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$11,913
Net Price by Income University of Arkansas at Monticello
Family Income Net Price Paid
$0 to $30,000$11,326
$30,001 to $48,000$11,158
$48,001 to $75,000$13,201
$75,001 to $110,000$16,148
$110,000+$15,445

The average reported annual net price for University of Arkansas at Monticello for students receiving grants or scholarship aid was $11,913 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

87% of full-time undergrad University of Arkansas at Monticello received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,353 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 52% of students received Federal Student Loans averaging $5,220 and 1% of undergrads took out private student loans averaging $8,801.

Finanical Aid University of Arkansas at Monticello
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,353 87%
Institutional Grants and Scholarships $5,194 38%
Pell Grants $5,256 58%
Other Federal Grants $910 11%
State and Local Grants $1,117 35%
Federal Student Loans $5,220 52%
Other Student Loans $8,801 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Arkansas at Monticello, we've modeled a ten year student loan with an original principal value of $33,588. The loan balance of $33,588 is a four year multiple of the $8,397 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 $320 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 $33,588
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $320.47
Total Interest Paid $4,867.99
Sum of All Loan Payments $38,455.99

Projected 4 Year Degree Price

4 Year Sticker Price
$79,972
Year Arkansas Residents Non Residents
1 $19,993 $25,843
2 $20,512 $26,514
3 $21,044 $27,202
4 $21,591 $27,908

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Arkansas at Monticello to be $79,972 - assuming graduation in normal time. The estimation assumes a 2.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of Arkansas at Monticello
Price Per Credit 3 Credit Class 4 Credit Class
Arkansas Residents $159 $477 $636
Out of State Residents $354 $1,062 $1,416

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

Tuition Payment Plans Available

University of Arkansas at Monticello 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=106485 IPEDS survey data for University of Arkansas at Monticello.