M
Public 2 Year

Monterey Peninsula College Tuition & Cost

Monterey, California

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How much does it cost to attend?

In State California Resident Sticker Price

$36,233
In State Costs for Monterey Peninsula College
Fee Cost
Tuition$1,104
Books and Supplies$1,125
Other Fees$74
Estimated Off Campus Cost of Living $29,115
Other Expenses Budget$4,815

Out of State Resident Sticker Price

$43,193
Out of State Costs for Monterey Peninsula College
Fee Cost
Tuition$8,064
Books and Supplies$1,125
Other Fees$74
Estimated Off Campus Cost of Living $29,115
Other Expenses Budget$4,815

In-State Tuition

In-state tuition at Monterey Peninsula College for undergraduate students residing in California is $1,104. Students will also need to budget for books and supplies, which typically amount to $1,125 annually. Other administrative or academic fees are $74 for the year. Additionally, students should plan an estimated $4,815 for other miscellaneous expenses throughout the year. In sum, residents attending Monterey Peninsula College full time should expect a total annual cost of $36,233.

Out-of-State Tuition

Undergraduate tuition at Monterey Peninsula College is $8,064 for out-of-state students. Additionally, out-of-state students are charged $1,125 for textbooks and educational resources, plus fees of $74. Students are advised to budget $4,815 for other expenses. When these costs are combined, annual out-of-state charges total $43,193. This figure is 19.2% higher than what California residents pay.

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

The average reported annual net price for Monterey Peninsula College for students receiving grants or scholarship aid was $13,223 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Monterey Peninsula College, 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

$13,223
Net Price by Income Monterey Peninsula College
Family Income Net Price Paid
$0 to $30,000$11,061
$30,001 to $48,000$12,146
$48,001 to $75,000$12,748
$75,001 to $110,000$14,384
$110,000+$16,250

Financial Aid

80% of full-time undergrad Monterey Peninsula College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,530 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 2% of students received Federal Student Loans averaging $5,117.

Finanical Aid Monterey Peninsula College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,530 80%
Institutional Grants and Scholarships $1,754 5%
Pell Grants $4,491 43%
Other Federal Grants $486 16%
State and Local Grants $1,942 79%
Federal Student Loans $5,117 2%
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 Monterey Peninsula College, we've modeled a ten year student loan with an original principal value of $17,564. The loan balance of $17,564 is a two year multiple of the $8,782 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 $186 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 $17,564
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $186.21
Total Interest Paid $4,780.92
Sum of All Loan Payments $22,344.92

Projected 2 Year Degree Price

2 Year Sticker Price

$72,466
Year California Residents Non Residents
1 $36,233 $43,193
2 $38,769 $46,217

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Monterey Peninsula College to be $72,466 - 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 Monterey Peninsula College
Price Per Credit 3 Credit Class 4 Credit Class
California Residents $46 $138 $184
Out of State Residents $336 $1,008 $1,344

Estimated cost for a class at Monterey Peninsula College 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 Monterey Peninsula College versus other colleges.

Tuition Payment Plans Available

Monterey Peninsula College Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Costs for Similar Colleges 

Explore costs at colleges similar to Monterey Peninsula College

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=119067 IPEDS survey data for Monterey Peninsula College.