How much does it cost to attend?
In District Arkansas Resident Sticker Price
| Fee | Cost |
|---|---|
| Tuition | $2,208 |
| Books and Supplies | $1,500 |
| Other Fees | $1,008 |
| Estimated Off Campus Cost of Living | $8,531 |
| Other Expenses Budget | $5,085 |
In State Arkansas Resident Sticker Price
| Fee | Cost |
|---|---|
| Tuition | $2,448 |
| Books and Supplies | $1,500 |
| Other Fees | $1,008 |
| Estimated Off Campus Cost of Living | $8,531 |
| Other Expenses Budget | $5,085 |
In district Arkansas residents should budget an annual total cost of $18,332 to attend University of Arkansas Community College Morrilton on a full time basis. This fee is comprised of $2,208 for tuition, $8,531 off-campus housing, $1,500 for books and supplies and $1,008 for other fees.
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 Community College Morrilton when typical grants and scholarships are considered. The net price varies by family income and financial need.
Average Net Price 2018/2019
| Family Income | Net Price Paid |
|---|---|
| $0 to $30,000 | $3,951 |
| $30,001 to $48,000 | $4,716 |
| $48,001 to $75,000 | $6,013 |
| $75,001 to $110,000 | $8,373 |
| $110,000+ | $9,167 |
The average reported annual net price for University of Arkansas Community College Morrilton for students receiving grants or scholarship aid was $5,443 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses
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Financial Aid
88% of full-time undergrad University of Arkansas Community College Morrilton received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,228 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 15% of students received Federal Student Loans averaging $4,187.
| Type | Avg./Student | Students Receiving |
|---|---|---|
| Total Grant and Scholarship Aid | $4,228 | 88% |
| Institutional Grants and Scholarships | $1,366 | 45% |
| Pell Grants | $4,523 | 56% |
| Other Federal Grants | $458 | 13% |
| State and Local Grants | $953 | 53% |
| Federal Student Loans | $4,187 | 15% |
| 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 University of Arkansas Community College Morrilton, we've modeled a ten year student loan with an original principal value of $10,636. The loan balance of $10,636 is a two year multiple of the $5,318 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 $101 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 | $10,636 |
| Stafford Loan Interest Rate | 2.75% |
| Time to Pay Off Student Loan | 10 years |
| Example Monthly Payment | $101.48 |
| Total Interest Paid | $1,541.50 |
| Sum of All Loan Payments | $12,177.50 |
Projected 2 Year Degree Price
2 Year Sticker Price
| Year | Arkansas Residents | Non Residents |
|---|---|---|
| 1 | $18,572 | $19,244 |
| 2 | $19,021 | $19,709 |
Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at University of Arkansas Community College Morrilton to be $37,144 - assuming graduation in normal time. The estimation assumes a 2.4% annual increase over the next 2 years which has been the recent trend for this school.
Credit Hour Cost and Price per Class
| Price Per Credit | 3 Credit Class | 4 Credit Class | |
|---|---|---|---|
| In District Residents | $92 | $276 | $368 |
| Arkansas Residents | $102 | $306 | $408 | Out of State Residents | $130 | $390 | $520 |
Estimated cost for a class at University of Arkansas Community College Morrilton 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 Community College Morrilton versus other colleges.
Tuition Payment Plans Available
| 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=107585 IPEDS survey data for University of Arkansas Community College Morrilton.