How much does it cost to attend?

In State Maryland Resident Sticker Price
$24,101
In State Costs for Morgan State University
Fee Cost
Tuition$5,369
Books and Supplies$2,000
Other Fees$2,531
Room and Board $10,862
Other Expenses Budget$3,339
Out of State Resident Sticker Price
$34,368
Out of State Costs for Morgan State University
Fee Cost
Tuition$15,636
Books and Supplies$2,000
Other Fees$2,531
Room and Board $10,862
Other Expenses Budget$3,339

Residents of Maryland pay an annual total price of $24,101 to attend Morgan State University on a full time basis. This fee is comprised of $5,369 for tuition, $10,862 room and board, $2,000 for books and supplies and $2,531 for other fees.

Out of state residents are charged a total cost of $34,368 which is 42.6% higher than Maryland residents. The tuition charge is $15,636 while room and board is $10,862, books and supplies are $2,000 and other fees come in at $2,531.

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 Morgan State University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$15,508
Net Price by Income Morgan State University
Family Income Net Price Paid
$0 to $30,000$14,099
$30,001 to $48,000$14,885
$48,001 to $75,000$16,855
$75,001 to $110,000$20,608
$110,000+$20,670

The average reported annual net price for Morgan State University for students receiving grants or scholarship aid was $15,508 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 Morgan State University
Type Avg./Student Students Receiving
Annual Total Grant Aid $8,178 72%
Pell Grant $4,663 50%
Federal Student Loan $5,931 66%

The average reported annual net price for Morgan State University for students receiving grants or scholarship aid was $15,508 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Morgan State University, we've modeled a ten year student loan with an original principal value of $54,564. The loan balance of $54,564 is a four year multiple of the $13,641 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 $566 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 $54,564
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $566.26
Total Interest Paid $13,386.68
Sum of All Loan Payments $67,950.68

Projected 4 Year Degree Price

4 Year Sticker Price
$96,404
Year Maryland Residents Non Residents
1 $24,101 $34,368
2 $24,815 $35,387
3 $25,551 $36,436
4 $26,308 $37,516

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Morgan State University to be $96,404 - assuming graduation in normal time. The estimation assumes a 3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Morgan State University
Price Per Credit 3 Credit Class 4 Credit Class
Maryland Residents $327 $981 $1,308
Out of State Residents $698 $2,094 $2,792

Estimated cost for a class at Morgan State University 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 Morgan State University versus other colleges.

Tuition Payment Plans Available

Morgan State University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=163453 IPEDS survey data for Morgan State University.