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Public 2 Year

Central Lakes College-Brainerd Tuition & Cost

Brainerd, Minnesota

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How much does it cost to attend?

Sticker Price
$19,002
Costs for Central Lakes College Brainerd
Fee Cost
Tuition$4,989
Books and Supplies$1,000
Other Fees$770
Estimated Off Campus Cost of Living $5,670
Other Expenses Budget$6,573

Annual Prices

The annual list price to attend Central Lakes College Brainerd on a full time basis for 2020/2021 is $19,002 for all students regardless of their residency. This fee is comprised of $4,989 for tuition, $5,670 room and board, $1,000 for books and supplies and $770 for other fees. Out of state tuition for Central Lakes College Brainerd is $4,989, the same as Minnesota 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 Central Lakes College Brainerd when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$12,014
Net Price by Income Central Lakes College Brainerd
Family Income Net Price Paid
$0 to $30,000$10,835
$30,001 to $48,000$10,646
$48,001 to $75,000$12,475
$75,001 to $110,000$15,627
$110,000+$16,720

The average reported annual net price for Central Lakes College Brainerd for students receiving grants or scholarship aid was $12,014 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

96% of full-time undergrad Central Lakes College Brainerd received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,154 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 43% of students received Federal Student Loans averaging $5,090 and 5% of undergrads took out private student loans averaging $8,814.

Finanical Aid Central Lakes College Brainerd
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,154 96%
Institutional Grants and Scholarships $732 28%
Pell Grants $4,273 54%
Other Federal Grants $639 76%
State and Local Grants $1,675 56%
Federal Student Loans $5,090 43%
Other Student Loans $8,814 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Central Lakes College Brainerd, we've modeled a ten year student loan with an original principal value of $19,744. The loan balance of $19,744 is a two year multiple of the $9,872 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 $188 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 $19,744
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $188.38
Total Interest Paid $2,861.54
Sum of All Loan Payments $22,605.54

Projected 2 Year Degree Price

2 Year Sticker Price
$38,004
Year All Residents
1 $19,002
2 $19,174

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Central Lakes College Brainerd to be $38,004 - assuming graduation in normal time. The estimation assumes a 0.9% 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 Central Lakes College Brainerd
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $169 $507 $676

Estimated cost for a class at Central Lakes College Brainerd 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 Central Lakes College Brainerd versus other colleges.

Tuition Payment Plans Available

Central Lakes College Brainerd 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=173203 IPEDS survey data for Central Lakes College Brainerd.