How much does it cost to attend?

In District Michigan Resident Sticker Price
$16,816
In District Costs for Schoolcraft College
Fee Cost
Tuition$2,990
Books and Supplies$1,482
Other Fees$860
Estimated Off Campus Cost of Living $7,569
Other Expenses Budget$3,915
In State Michigan Resident Sticker Price
$18,142
In State Costs for Schoolcraft College
Fee Cost
Tuition$4,316
Books and Supplies$1,482
Other Fees$860
Estimated Off Campus Cost of Living $7,569
Other Expenses Budget$3,915

In district Michigan residents should budget an annual total cost of $16,816 to attend Schoolcraft College on a full time basis. This fee is comprised of $2,990 for tuition, $7,569 off-campus housing, $1,482 for books and supplies and $860 for other fees.

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

Average Net Price 2017/2018
$7,704
Net Price by Income Schoolcraft College
Family Income Net Price Paid
$0 to $30,000$6,754
$30,001 to $48,000$7,192
$48,001 to $75,000$8,170
$75,001 to $110,000$9,181
$110,000+$9,559

The average reported annual net price for Schoolcraft College for students receiving grants or scholarship aid was $7,704 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 Schoolcraft College
Type Avg./Student Students Receiving
Annual Total Grant Aid $1,834 72%
Pell Grant $2,428 41%
Federal Student Loan $2,912 12%

The average reported annual net price for Schoolcraft College for students receiving grants or scholarship aid was $7,704 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Schoolcraft College, we've modeled a ten year student loan with an original principal value of $8,252. The loan balance of $8,252 is a two year multiple of the $4,126 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 $86 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 $8,252
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $85.64
Total Interest Paid $2,024.54
Sum of All Loan Payments $10,276.54

Projected 2 Year Degree Price

2 Year Sticker Price
$36,284
Year Michigan Residents Non Residents
1 $18,142 $20,196
2 $18,624 $20,732

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Schoolcraft College to be $36,284 - assuming graduation in normal time. The estimation assumes a 2.7% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Schoolcraft College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $115 $345 $460
Michigan Residents $166 $498 $664
Out of State Residents $245 $735 $980

Estimated cost for a class at Schoolcraft College 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 Schoolcraft College versus other colleges.

Tuition Payment Plans Available

Schoolcraft College 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=172200 IPEDS survey data for Schoolcraft College.