M
Private 4 Year

Mitchell College Tuition & Cost

New London, Connecticut

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How much does it cost to attend?

Sticker Price
$51,450
Costs for Mitchell College
Fee Cost
Tuition$32,000
Books and Supplies$1,200
Other Fees$2,050
Room and Board $13,500
Other Expenses Budget$2,700

Annual Prices

The annual list price to attend Mitchell College on a full time basis for 2018/2019 is $51,450 for all students regardless of their residency. This fee is comprised of $32,000 for tuition, $13,500 room and board, $1,200 for books and supplies and $2,050 for other fees. Out of state tuition for Mitchell College is $32,000, the same as Connecticut residents.

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 Mitchell College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$28,287
Net Price by Income Mitchell College
Family Income Net Price Paid
$0 to $30,000$23,215
$30,001 to $48,000$30,735
$48,001 to $75,000$25,260
$75,001 to $110,000$27,159
$110,000+$34,655

The average reported annual net price for Mitchell College for students receiving grants or scholarship aid was $28,287 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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Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Mitchell 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 $19,239 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 75% of students received Federal Student Loans averaging $5,642 and 13% of undergrads took out private student loans averaging $15,853.

Finanical Aid Mitchell College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $19,239 100%
Institutional Grants and Scholarships $17,310 95%
Pell Grants $4,400 52%
Other Federal Grants $958 8%
State and Local Grants $2,047 17%
Federal Student Loans $5,642 75%
Other Student Loans $15,853 13%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Mitchell College, we've modeled a ten year student loan with an original principal value of $108,892. The loan balance of $108,892 is a four year multiple of the $27,223 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 $1,039 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 $108,892
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,038.95
Total Interest Paid $15,781.98
Sum of All Loan Payments $124,673.98

Projected 4 Year Degree Price

4 Year Sticker Price
$205,800
Year All Residents
1 $51,450
2 $52,807
3 $54,200
4 $55,629

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Mitchell College to be $205,800 - 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 Mitchell College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $500 $1,500 $2,000

Estimated cost for a class at Mitchell 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 Mitchell College versus other colleges.

Tuition Payment Plans Available

Mitchell 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=129774 IPEDS survey data for Mitchell College.