S
Public 2 Year

SOWELA Tuition & Cost

Lake Charles, Louisiana

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How much does it cost to attend?

In State Louisiana Resident Sticker Price
$20,351
In State Costs for Sowela Technical Community College
Fee Cost
Tuition$3,335
Books and Supplies$1,300
Other Fees$930
Estimated Off Campus Cost of Living $9,656
Other Expenses Budget$5,130
Out of State Resident Sticker Price
$23,778
Out of State Costs for Sowela Technical Community College
Fee Cost
Tuition$6,762
Books and Supplies$1,300
Other Fees$930
Estimated Off Campus Cost of Living $9,656
Other Expenses Budget$5,130

Residents of Louisiana pay an annual total price of $20,351 to attend Sowela Technical Community College on a full time basis. This fee is comprised of $3,335 for tuition, $1,300 for books and supplies and $930 for other fees.

Out of state residents are charged a total cost of $23,778 which is 16.8% higher than Louisiana residents. The tuition charge is $6,762 while books and supplies are $1,300 and other fees come in at $930.

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

Average Net Price 2018/2019
$8,952
Net Price by Income Sowela Technical Community College
Family Income Net Price Paid
$0 to $30,000$7,940
$30,001 to $48,000$8,536
$48,001 to $75,000$9,385
$75,001 to $110,000$10,045
$110,000+n/a

The average reported annual net price for Sowela Technical Community College for students receiving grants or scholarship aid was $8,952 in 2018/2019. 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

87% of full-time undergrad Sowela Technical Community 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 $5,241 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0 and 3% of undergrads took out private student loans averaging $7,291.

Finanical Aid Sowela Technical Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,241 87%
Institutional Grants and Scholarships $1,191 15%
Pell Grants $5,042 61%
Other Federal Grants $686 6%
State and Local Grants $2,612 49%
Federal Student Loans $0 0%
Other Student Loans $7,291 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Sowela Technical Community College, we've modeled a ten year student loan with an original principal value of $16,442. The loan balance of $16,442 is a two year multiple of the $8,221 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 $157 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 $16,442
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $156.87
Total Interest Paid $2,382.98
Sum of All Loan Payments $18,824.98

Projected 2 Year Degree Price

2 Year Sticker Price
$40,702
Year Louisiana Residents Non Residents
1 $20,351 $23,778
2 $20,836 $24,345

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Sowela Technical Community College to be $40,702 - assuming graduation in normal time. The estimation assumes a 2.4% 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 Sowela Technical Community College
Price Per Credit 3 Credit Class 4 Credit Class
Louisiana Residents $139 $417 $556
Out of State Residents $282 $846 $1,128

Estimated cost for a class at Sowela Technical Community 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 Sowela Technical Community College versus other colleges.

Tuition Payment Plans Available

Sowela Technical Community 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=160579 IPEDS survey data for Sowela Technical Community College.