C
Public 2 Year

Chesapeake College Tuition & Cost

Wye Mills, Maryland

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How much does it cost to attend?

In District Maryland Resident Sticker Price
$12,192
In District Costs for Chesapeake College
Fee Cost
Tuition$3,000
Books and Supplies$986
Other Fees$920
Estimated Off Campus Cost of Living $3,600
Other Expenses Budget$3,686
In State Maryland Resident Sticker Price
$13,824
In State Costs for Chesapeake College
Fee Cost
Tuition$4,632
Books and Supplies$986
Other Fees$920
Estimated Off Campus Cost of Living $3,600
Other Expenses Budget$3,686

In district Maryland residents should budget an annual total cost of $12,192 to attend Chesapeake College on a full time basis. This fee is comprised of $3,000 for tuition, $3,600 off-campus housing, $986 for books and supplies and $920 for other fees.

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

Average Net Price 2018/2019
$5,540
Net Price by Income Chesapeake College
Family Income Net Price Paid
$0 to $30,000$3,780
$30,001 to $48,000$3,690
$48,001 to $75,000$5,735
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Chesapeake College for students receiving grants or scholarship aid was $5,540 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

71% of full-time undergrad Chesapeake 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 $3,831 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 2% of undergrads took out private student loans averaging $9,058.

Finanical Aid Chesapeake College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $3,831 71%
Institutional Grants and Scholarships $1,354 45%
Pell Grants $4,593 38%
Other Federal Grants $173 38%
State and Local Grants $1,030 28%
Federal Student Loans $0 0%
Other Student Loans $9,058 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Chesapeake College, we've modeled a ten year student loan with an original principal value of $22,386. The loan balance of $22,386 is a two year multiple of the $11,193 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 $214 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 $22,386
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $213.59
Total Interest Paid $3,244.46
Sum of All Loan Payments $25,630.46

Projected 2 Year Degree Price

2 Year Sticker Price
$27,648
Year Maryland Residents Non Residents
1 $13,824 $15,672
2 $14,057 $15,936

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Chesapeake College to be $27,648 - assuming graduation in normal time. The estimation assumes a 1.7% 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 Chesapeake College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $125 $375 $500
Maryland Residents $193 $579 $772
Out of State Residents $270 $810 $1,080

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

Tuition Payment Plans Available

Chesapeake 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=162168 IPEDS survey data for Chesapeake College.