G
Public 2 Year

Garrett College Tuition & Cost

McHenry, Maryland

 0 Reviews

How much does it cost to attend?

In District Maryland Resident Sticker Price
$15,436
In District Costs for Garrett College
Fee Cost
Tuition$2,772
Books and Supplies$1,000
Other Fees$1,204
Room and Board $7,760
Other Expenses Budget$2,700
In State Maryland Resident Sticker Price
$20,308
In State Costs for Garrett College
Fee Cost
Tuition$7,644
Books and Supplies$1,000
Other Fees$1,204
Room and Board $7,760
Other Expenses Budget$2,700

In district Maryland residents should budget an annual total cost of $15,436 to attend Garrett College on a full time basis. This fee is comprised of $2,772 for tuition, $7,760 room and board, $1,000 for books and supplies and $1,204 for other fees.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Garrett College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$7,210
Net Price by Income Garrett College
Family Income Net Price Paid
$0 to $30,000$5,952
$30,001 to $48,000$7,016
$48,001 to $75,000$8,593
$75,001 to $110,000$8,617
$110,000+$10,624

The average reported annual net price for Garrett College for students receiving grants or scholarship aid was $7,210 in 2019/2020. 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

94% of full-time undergrad Garrett 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 $5,494 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 39% of students received Federal Student Loans averaging $5,412 and 1% of undergrads took out private student loans averaging $10,300.

Finanical Aid Garrett College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,494 94%
Institutional Grants and Scholarships $1,304 15%
Pell Grants $4,536 61%
Other Federal Grants $816 79%
State and Local Grants $3,318 48%
Federal Student Loans $5,412 39%
Other Student Loans $10,300 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Garrett College, we've modeled a ten year student loan with an original principal value of $10,834. The loan balance of $10,834 is a two year multiple of the $5,417 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 $103 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 $10,834
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $103.37
Total Interest Paid $1,570.20
Sum of All Loan Payments $12,404.20

Projected 2 Year Degree Price

2 Year Sticker Price
$40,616
Year Maryland Residents Non Residents
1 $20,308 $22,044
2 $21,286 $23,106

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Garrett College to be $40,616 - assuming graduation in normal time. The estimation assumes a 4.8% 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 Garrett College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $99 $297 $396
Maryland Residents $273 $819 $1,092
Out of State Residents $335 $1,005 $1,340

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

Tuition Payment Plans Available

Garrett 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=162609 IPEDS survey data for Garrett College.