B
Owosso, Michigan

Baker College of Owosso Tuition & Cost

How much does it cost to attend?

Sticker Price
$15,480
Costs for Baker College of Owosso
Fee Cost
Tuition$8,280
Books and Supplies$1,800
Other Fees$0
Room and Board $5,400
Other Expenses Budget$0

Annual Prices

The annual list price to attend Baker College of Owosso on a full time basis for 2017/2018 is $15,480 for all students regardless of their residency. This fee is comprised of $8,280 for tuition, $5,400 room and board, $1,800 for books and supplies and $0 for other fees. Out of state tuition for Baker College of Owosso is $8,280, the same as Michigan residents.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Sponsored by Cappex

Net Price

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

Average Net Price 2017/2018
$11,815
Net Price by Income Baker College of Owosso
Family Income Net Price Paid
$0 to $30,000$10,668
$30,001 to $48,000$11,209
$48,001 to $75,000$14,074
$75,001 to $110,000$15,652
$110,000+$17,068

The average reported annual net price for Baker College of Owosso for students receiving grants or scholarship aid was $11,815 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Baker College of Owosso
Type Avg./Student Students Receiving
Annual Total Grant Aid $6,317 89%
Pell Grant $4,041 72%
Federal Student Loan $5,569 63%

The average reported annual net price for Baker College of Owosso for students receiving grants or scholarship aid was $11,815 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Baker College of Owosso, we've modeled a ten year student loan with an original principal value of $45,820. The loan balance of $45,820 is a four year multiple of the $11,455 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 $478 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 4.7%.

Example Loan $45,820
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $478.41
Total Interest Paid $11,589.57
Sum of All Loan Payments $57,409.57

Projected 4 Year Degree Price

4 Year Sticker Price
$61,920
Year All Residents
1 $15,480
2 $15,696
3 $15,915
4 $16,137

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Baker College of Owosso to be $61,920 - assuming graduation in normal time. The estimation assumes a 1.4% 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 Baker College of Owosso
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $210 $630 $840

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

Tuition Payment Plans Available

Baker College of Owosso 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=168838 IPEDS survey data for Baker College of Owosso.