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Brown Mackie College-Michigan City Tuition & Cost

Michigan City, Indiana

How much does it cost to attend?

Sticker Price
$19,084
Costs for Brown Mackie College Michigan City
Fee Cost
Tuition$11,304
Books and Supplies$603
Other Fees$819
Estimated Off Campus Cost of Living $6,358
Other Expenses Budget$0

Annual Prices

The annual list price to attend Brown Mackie College Michigan City on a full time basis for 2018/2019 is $19,084 for all students regardless of their residency. This fee is comprised of $11,304 for tuition, $6,358 room and board, $603 for books and supplies and $819 for other fees. Out of state tuition for Brown Mackie College Michigan City is $11,304, the same as Indiana residents.

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 Brown Mackie College Michigan City when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$18,860
Net Price by Income Brown Mackie College Michigan City
Family Income Net Price Paid
$0 to $30,000$18,463
$30,001 to $48,000$20,125
$48,001 to $75,000n/a
$75,001 to $110,000$23,955
$110,000+n/a

The average reported annual net price for Brown Mackie College Michigan City for students receiving grants or scholarship aid was $18,860 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 Brown Mackie College Michigan City
Type Avg./Student Students Receiving
Annual Total Grant Aid $4,946 98%
Pell Grant $5,067 88%
Federal Student Loan $7,760 86%

The average reported annual net price for Brown Mackie College Michigan City for students receiving grants or scholarship aid was $18,860 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Brown Mackie College Michigan City, we've modeled a ten year student loan with an original principal value of $93,364. The loan balance of $93,364 is a four year multiple of the $23,341 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 $969 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 $93,364
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $968.92
Total Interest Paid $22,905.84
Sum of All Loan Payments $116,269.84

Projected 4 Year Degree Price

4 Year Sticker Price
$76,336
Year All Residents
1 $19,084
2 $20,420
3 $21,849
4 $23,379

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Brown Mackie College Michigan City to be $76,336 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Tuition Payment Plans Available

Brown Mackie College Michigan City 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=151625 IPEDS survey data for Brown Mackie College Michigan City.