M
Private 4 Year

Montserrat College of Art Tuition & Cost

Beverly, Massachusetts

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How much does it cost to attend?

Sticker Price
$54,800
Costs for Montserrat College of Art
Fee Cost
Tuition$33,800
Books and Supplies$1,700
Other Fees$1,500
Room and Board $13,800
Other Expenses Budget$4,000

Annual Prices

The annual list price to attend Montserrat College of Art on a full time basis for 2020/2021 is $54,800 for all students regardless of their residency. This fee is comprised of $33,800 for tuition, $13,800 room and board, $1,700 for books and supplies and $1,500 for other fees. Out of state tuition for Montserrat College of Art is $33,800, the same as Massachusetts residents.

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

Average Net Price 2019/2020
$34,840
Net Price by Income Montserrat College of Art
Family Income Net Price Paid
$0 to $30,000$30,896
$30,001 to $48,000$31,008
$48,001 to $75,000$33,098
$75,001 to $110,000$37,835
$110,000+$37,241

The average reported annual net price for Montserrat College of Art for students receiving grants or scholarship aid was $34,840 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

100% of full-time undergrad Montserrat College of Art received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $17,195 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 87% of students received Federal Student Loans averaging $5,268 and 24% of undergrads took out private student loans averaging $18,170.

Finanical Aid Montserrat College of Art
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $17,195 100%
Institutional Grants and Scholarships $14,963 100%
Pell Grants $4,737 37%
Other Federal Grants $493 12%
State and Local Grants $2,009 22%
Federal Student Loans $5,268 87%
Other Student Loans $18,170 24%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Montserrat College of Art, we've modeled a ten year student loan with an original principal value of $90,728. The loan balance of $90,728 is a four year multiple of the $22,682 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 $866 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 $90,728
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $865.65
Total Interest Paid $13,149.42
Sum of All Loan Payments $103,877.42

Projected 4 Year Degree Price

4 Year Sticker Price
$219,200
Year All Residents
1 $54,800
2 $56,953
3 $59,191
4 $61,517

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Montserrat College of Art to be $219,200 - assuming graduation in normal time. The estimation assumes a 3.9% 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 Montserrat College of Art
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,408 $4,224 $5,632

Estimated cost for a class at Montserrat College of Art 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 Montserrat College of Art versus other colleges.

Tuition Payment Plans Available

Montserrat College of Art 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=166911 IPEDS survey data for Montserrat College of Art.