O
Public 2 Year

OTC Tuition & Cost

Springfield, Missouri

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How much does it cost to attend?

In District Missouri Resident Sticker Price
$15,385
In District Costs for Ozarks Technical Community College
Fee Cost
Tuition$2,712
Books and Supplies$800
Other Fees$824
Estimated Off Campus Cost of Living $5,929
Other Expenses Budget$5,120
In State Missouri Resident Sticker Price
$16,612
In State Costs for Ozarks Technical Community College
Fee Cost
Tuition$3,939
Books and Supplies$800
Other Fees$824
Estimated Off Campus Cost of Living $5,929
Other Expenses Budget$5,120

In district Missouri residents should budget an annual total cost of $15,385 to attend Ozarks Technical Community College on a full time basis. This fee is comprised of $2,712 for tuition, $5,929 off-campus housing, $800 for books and supplies and $824 for other fees.

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

Average Net Price 2018/2019
$6,294
Net Price by Income Ozarks Technical Community College
Family Income Net Price Paid
$0 to $30,000$6,090
$30,001 to $48,000$7,057
$48,001 to $75,000$10,105
$75,001 to $110,000$11,632
$110,000+$12,008

The average reported annual net price for Ozarks Technical Community College for students receiving grants or scholarship aid was $6,294 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

92% of full-time undergrad Ozarks Technical Community College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,113 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 68% of students received Federal Student Loans averaging $1,277 and 1% of undergrads took out private student loans averaging $20,432.

Finanical Aid Ozarks Technical Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,113 92%
Institutional Grants and Scholarships $864 10%
Pell Grants $5,127 55%
Other Federal Grants $298 10%
State and Local Grants $2,346 75%
Federal Student Loans $1,277 68%
Other Student Loans $20,432 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Ozarks Technical Community College, we've modeled a ten year student loan with an original principal value of $12,550. The loan balance of $12,550 is a two year multiple of the $6,275 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 $120 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 $12,550
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $119.74
Total Interest Paid $1,818.90
Sum of All Loan Payments $14,368.90

Projected 2 Year Degree Price

2 Year Sticker Price
$33,224
Year Missouri Residents Non Residents
1 $16,612 $17,713
2 $17,116 $18,251

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Ozarks Technical Community College to be $33,224 - assuming graduation in normal time. The estimation assumes a 3% 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 Ozarks Technical Community College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $113 $339 $452
Missouri Residents $164 $492 $656
Out of State Residents $210 $630 $840

Estimated cost for a class at Ozarks Technical Community 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 Ozarks Technical Community College versus other colleges.

Tuition Payment Plans Available

Ozarks Technical Community 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=177472 IPEDS survey data for Ozarks Technical Community College.