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Private 4 Year

Globe Institute of Technology Tuition & Cost

New York, New York

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How much does it cost to attend?

Sticker Price
$40,725
Costs for Globe Institute of Technology
Fee Cost
Tuition$10,950
Books and Supplies$1,000
Other Fees$170
Estimated Off Campus Cost of Living $18,174
Other Expenses Budget$10,431

Annual Prices

The annual list price to attend Globe Institute of Technology on a full time basis for 2020/2021 is $40,725 for all students regardless of their residency. This fee is comprised of $10,950 for tuition, $18,174 room and board, $1,000 for books and supplies and $170 for other fees. Out of state tuition for Globe Institute of Technology is $10,950, the same as New York 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 Globe Institute of Technology when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$21,459
Net Price by Income Globe Institute of Technology
Family Income Net Price Paid
$0 to $30,000$20,744
$30,001 to $48,000$21,846
$48,001 to $75,000$24,261
$75,001 to $110,000$25,223
$110,000+$27,921

The average reported annual net price for Globe Institute of Technology for students receiving grants or scholarship aid was $21,459 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

69% of full-time undergrad Globe Institute of Technology received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,462 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 32% of students received Federal Student Loans averaging $5,000.

Finanical Aid Globe Institute of Technology
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,462 69%
Institutional Grants and Scholarships $1,998 68%
Pell Grants $4,261 65%
Other Federal Grants $113 31%
State and Local Grants $3,325 31%
Federal Student Loans $5,000 32%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Globe Institute of Technology, we've modeled a ten year student loan with an original principal value of $84,536. The loan balance of $84,536 is a four year multiple of the $21,134 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 $807 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 $84,536
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $806.57
Total Interest Paid $12,252.00
Sum of All Loan Payments $96,788.00

Projected 4 Year Degree Price

4 Year Sticker Price
$162,900
Year All Residents
1 $40,725
2 $43,576
3 $46,626
4 $49,890

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Globe Institute of Technology to be $162,900 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Globe Institute of Technology
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $475 $1,425 $1,900

Estimated cost for a class at Globe Institute of Technology 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 Globe Institute of Technology versus other colleges.

Tuition Payment Plans Available

Globe Institute of Technology 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=188465 IPEDS survey data for Globe Institute of Technology.