Brown Mackie College-Michigan City Tuition & CostMichigan City, Indiana
|Books and Supplies||$603|
|Estimated Off Campus Cost of Living||$6,358|
|Other Expenses Budget||$0|
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.
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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
|Family Income||Net Price Paid|
|$0 to $30,000||$18,463|
|$30,001 to $48,000||$20,125|
|$48,001 to $75,000||n/a|
|$75,001 to $110,000||$23,955|
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
|Annual Total Grant Aid||$4,946||98%|
|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.
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%.
|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|
4 Year Sticker Price$76,336
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 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.