How much does it cost to attend?

In State Colorado Resident Sticker Price
$17,939
In State Costs for Otero Junior College
Fee Cost
Tuition$3,574
Books and Supplies$1,800
Other Fees$401
Room and Board $6,864
Other Expenses Budget$5,300
Out of State Resident Sticker Price
$20,322
Out of State Costs for Otero Junior College
Fee Cost
Tuition$5,957
Books and Supplies$1,800
Other Fees$401
Room and Board $6,864
Other Expenses Budget$5,300

Residents of Colorado pay an annual total price of $17,939 to attend Otero Junior College on a full time basis. This fee is comprised of $3,574 for tuition, $6,864 room and board, $1,800 for books and supplies and $401 for other fees.

Out of state residents are charged a total cost of $20,322 which is 13.3% higher than Colorado residents. The tuition charge is $5,957 while room and board is $6,864, books and supplies are $1,800 and other fees come in at $401.

All price data is sourced from the 2018/2019 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 Otero Junior College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$11,281
Net Price by Income Otero Junior College
Family Income Net Price Paid
$0 to $30,000$10,250
$30,001 to $48,000$10,586
$48,001 to $75,000$11,637
$75,001 to $110,000$10,840
$110,000+$12,826

The average reported annual net price for Otero Junior College for students receiving grants or scholarship aid was $11,281 in 2017/2018. 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

Finanical Aid Otero Junior College
Type Avg./Student Students Receiving
Annual Total Grant Aid $6,448 95%
Pell Grant $4,680 43%
Federal Student Loan $5,136 33%

The average reported annual net price for Otero Junior College for students receiving grants or scholarship aid was $11,281 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Otero Junior College, we've modeled a ten year student loan with an original principal value of $20,236. The loan balance of $20,236 is a two year multiple of the $10,118 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 $210 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 4.529%.

Example Loan $20,236
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $210.01
Total Interest Paid $4,964.68
Sum of All Loan Payments $25,200.68

Projected 2 Year Degree Price

2 Year Sticker Price
$35,878
Year Colorado Residents Non Residents
1 $17,939 $20,322
2 $18,142 $20,551

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Otero Junior College to be $35,878 - assuming graduation in normal time. The estimation assumes a 1.1% 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 Otero Junior College
Price Per Credit 3 Credit Class 4 Credit Class
Colorado Residents $149 $447 $596
Out of State Residents $248 $744 $992

Estimated cost for a class at Otero Junior 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 Otero Junior College versus other colleges.

Tuition Payment Plans Available

Otero Junior College Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=127778 IPEDS survey data for Otero Junior College.