#3 Best Colleges in Maryland

St. Mary's Tuition & Cost

St. Mary's City, Maryland

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How much does it cost to attend?

In State Maryland Resident Sticker Price
In State Costs for St Mary's College of Maryland
Fee Cost
Books and Supplies$800
Other Fees$3,008
Room and Board $13,595
Other Expenses Budget$1,690
Out of State Resident Sticker Price
Out of State Costs for St Mary's College of Maryland
Fee Cost
Books and Supplies$800
Other Fees$3,008
Room and Board $13,595
Other Expenses Budget$1,690

Residents of Maryland pay an annual total price of $31,209 to attend St Mary's College of Maryland on a full time basis. This fee is comprised of $12,116 for tuition, $13,595 room and board, $800 for books and supplies and $3,008 for other fees.

Out of state residents are charged a total cost of $47,285 which is 51.5% higher than Maryland residents. The tuition charge is $28,192 while room and board is $13,595, books and supplies are $800 and other fees come in at $3,008.

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 St Mary's College of Maryland when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income St Mary's College of Maryland
Family Income Net Price Paid
$0 to $30,000$6,401
$30,001 to $48,000$11,064
$48,001 to $75,000$15,300
$75,001 to $110,000$19,680

The average reported annual net price for St Mary's College of Maryland for students receiving grants or scholarship aid was $20,237 in 2019/2020. 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

96% of full-time undergrad St Mary's College of Maryland received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,378 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 75% of students received Federal Student Loans averaging $5,323 and 5% of undergrads took out private student loans averaging $16,729.

Finanical Aid St Mary's College of Maryland
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $10,378 96%
Institutional Grants and Scholarships $7,729 94%
Pell Grants $5,051 22%
Other Federal Grants $492 10%
State and Local Grants $5,324 26%
Federal Student Loans $5,323 75%
Other Student Loans $16,729 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to St Mary's College of Maryland, we've modeled a ten year student loan with an original principal value of $82,084. The loan balance of $82,084 is a four year multiple of the $20,521 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 $783 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 $82,084
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $783.17
Total Interest Paid $11,896.63
Sum of All Loan Payments $93,980.63

Projected 4 Year Degree Price

4 Year Sticker Price
Year Maryland Residents Non Residents
1 $31,209 $47,285
2 $31,723 $48,063
3 $32,244 $48,854
4 $32,775 $49,658

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at St Mary's College of Maryland to be $124,836 - assuming graduation in normal time. The estimation assumes a 1.6% 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 St Mary's College of Maryland
Price Per Credit 3 Credit Class 4 Credit Class
Out of State Residents $200 $600 $800

Estimated cost for a class at St Mary's College of Maryland 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 St Mary's College of Maryland versus other colleges.

Tuition Payment Plans Available

St Mary's College of Maryland 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=163912 IPEDS survey data for St Mary's College of Maryland.