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Private 4 Year

Albertus Magnus College Tuition & Cost

New Haven, Connecticut

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How much does it cost to attend?

Sticker Price
$57,724
Costs for Albertus Magnus College
Fee Cost
Tuition$34,410
Books and Supplies$1,000
Other Fees$1,000
Room and Board $14,454
Other Expenses Budget$6,860

Annual Prices

The annual list price to attend Albertus Magnus College on a full time basis for 2020/2021 is $57,724 for all students regardless of their residency. This fee is comprised of $34,410 for tuition, $14,454 room and board, $1,000 for books and supplies and $1,000 for other fees. Out of state tuition for Albertus Magnus College is $34,410, the same as Connecticut residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Albertus Magnus College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$27,492
Net Price by Income Albertus Magnus College
Family Income Net Price Paid
$0 to $30,000$26,625
$30,001 to $48,000$25,377
$48,001 to $75,000$21,958
$75,001 to $110,000$27,663
$110,000+$29,120

The average reported annual net price for Albertus Magnus College for students receiving grants or scholarship aid was $27,492 in 2019/2020. 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

100% of full-time undergrad Albertus Magnus 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 $22,383 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 78% of students received Federal Student Loans averaging $8,972 and 13% of undergrads took out private student loans averaging $12,017.

Finanical Aid Albertus Magnus College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $22,383 100%
Institutional Grants and Scholarships $20,094 94%
Pell Grants $5,171 51%
Other Federal Grants $882 83%
State and Local Grants $3,289 4%
Federal Student Loans $8,972 78%
Other Student Loans $12,017 13%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Albertus Magnus College, we've modeled a ten year student loan with an original principal value of $82,904. The loan balance of $82,904 is a four year multiple of the $20,726 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 $791 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 $82,904
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $791.00
Total Interest Paid $12,015.47
Sum of All Loan Payments $94,919.47

Projected 4 Year Degree Price

4 Year Sticker Price
$230,896
Year All Residents
1 $57,724
2 $59,803
3 $61,956
4 $64,187

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Albertus Magnus College to be $230,896 - assuming graduation in normal time. The estimation assumes a 3.6% 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 Albertus Magnus College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,434 $4,302 $5,736

Estimated cost for a class at Albertus Magnus 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 Albertus Magnus College versus other colleges.

Tuition Payment Plans Available

Albertus Magnus College 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=128498 IPEDS survey data for Albertus Magnus College.