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Mesabi Range Community and Technical College Tuition & Cost

Virginia, Minnesota

How much does it cost to attend?

In State Minnesota Resident Sticker Price
$17,761
In State Costs for Mesabi Range Community and Technical College
Fee Cost
Tuition$4,729
Books and Supplies$1,000
Other Fees$600
Estimated Off Campus Cost of Living $6,932
Other Expenses Budget$4,500
Out of State Resident Sticker Price
$18,943
Out of State Costs for Mesabi Range Community and Technical College
Fee Cost
Tuition$5,911
Books and Supplies$1,000
Other Fees$600
Estimated Off Campus Cost of Living $6,932
Other Expenses Budget$4,500

Residents of Minnesota pay an annual total price of $17,761 to attend Mesabi Range Community and Technical College on a full time basis. This fee is comprised of $4,729 for tuition, $1,000 for books and supplies and $600 for other fees.

Out of state residents are charged a total cost of $18,943 which is 6.7% higher than Minnesota residents. The tuition charge is $5,911 while books and supplies are $1,000 and other fees come in at $600.

All price data is sourced from the 2018/2019 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 Mesabi Range Community and Technical College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$5,092
Net Price by Income Mesabi Range Community and Technical College
Family Income Net Price Paid
$0 to $30,000$3,637
$30,001 to $48,000$4,211
$48,001 to $75,000$7,788
$75,001 to $110,000$9,697
$110,000+$9,745

The average reported annual net price for Mesabi Range Community and Technical College for students receiving grants or scholarship aid was $5,092 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 Mesabi Range Community and Technical College
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,499 69%
Pell Grant $4,288 55%
Federal Student Loan $5,213 54%

The average reported annual net price for Mesabi Range Community and Technical College for students receiving grants or scholarship aid was $5,092 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Mesabi Range Community and Technical College, we've modeled a ten year student loan with an original principal value of $13,790. The loan balance of $13,790 is a two year multiple of the $6,895 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 $143 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 $13,790
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $143.11
Total Interest Paid $3,383.23
Sum of All Loan Payments $17,173.23

Projected 2 Year Degree Price

2 Year Sticker Price
$35,522
Year Minnesota Residents Non Residents
1 $17,761 $18,943
2 $19,004 $20,269

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Mesabi Range Community and Technical College to be $35,522 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Mesabi Range Community and Technical College
Price Per Credit 3 Credit Class 4 Credit Class
Minnesota Residents $158 $474 $632
Out of State Residents $197 $591 $788

Estimated cost for a class at Mesabi Range Community and Technical 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 Mesabi Range Community and Technical College versus other colleges.

Tuition Payment Plans Available

Mesabi Range Community and Technical College 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=173993 IPEDS survey data for Mesabi Range Community and Technical College.