B
Private 4 Year

Baker College of Allen Park Tuition & Cost

Allen Park, Michigan

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How much does it cost to attend?

Sticker Price
$17,280
Costs for Baker College of Allen Park
Fee Cost
Tuition$8,280
Books and Supplies$1,800
Other Fees$0
Estimated Off Campus Cost of Living $7,200
Other Expenses Budget$0

Annual Prices

The annual list price to attend Baker College of Allen Park on a full time basis for 2018/2019 is $17,280 for all students regardless of their residency. This fee is comprised of $8,280 for tuition, $7,200 room and board, $1,800 for books and supplies and $0 for other fees. Out of state tuition for Baker College of Allen Park is $8,280, the same as Michigan residents.

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 Baker College of Allen Park when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$12,987
Net Price by Income Baker College of Allen Park
Family Income Net Price Paid
$0 to $30,000$12,663
$30,001 to $48,000$12,999
$48,001 to $75,000$14,083
$75,001 to $110,000$16,842
$110,000+$16,553

The average reported annual net price for Baker College of Allen Park for students receiving grants or scholarship aid was $12,987 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

89% of full-time undergrad Baker College of Allen Park received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,019 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 57% of students received Federal Student Loans averaging $5,143.

Finanical Aid Baker College of Allen Park
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,019 89%
Institutional Grants and Scholarships $2,034 61%
Pell Grants $3,501 81%
Other Federal Grants $1,632 11%
State and Local Grants $2,024 11%
Federal Student Loans $5,143 57%
Other Student Loans $4,200 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Baker College of Allen Park, we've modeled a ten year student loan with an original principal value of $45,180. The loan balance of $45,180 is a four year multiple of the $11,295 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 $431 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 $45,180
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $431.07
Total Interest Paid $6,548.04
Sum of All Loan Payments $51,728.04

Projected 4 Year Degree Price

4 Year Sticker Price
$69,120
Year All Residents
1 $17,280
2 $18,490
3 $19,784
4 $21,169

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Baker College of Allen Park to be $69,120 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Baker College of Allen Park
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $210 $630 $840

Estimated cost for a class at Baker College of Allen Park 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 Baker College of Allen Park versus other colleges.

Tuition Payment Plans Available

Baker College of Allen Park 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=444167 IPEDS survey data for Baker College of Allen Park.