Monroe College New Rochelle - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

Sticker Price

$21,870

Costs for Monroe College New Rochelle
Fee	Cost
Tuition	$11,640
Books and Supplies	$1,000
Other Fees	$800
Estimated Off Campus Cost of Living	$8,430
Other Expenses Budget	$0

Annual Tuition & Costs

The annual tuition to attend Monroe College New Rochelle is $11,640. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $8,430. For educational materials, students should allocate approximately $1,000 for books and supplies plus $800 for other fees charged by the school. Finally, students should budget $0 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Monroe College New Rochelle on a full-time basis is $21,870 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for Monroe College New Rochelle for students receiving grants or scholarship aid was $0 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Monroe College New Rochelle, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

Not Available

Net Price by Income Monroe College New Rochelle
Family Income	Net Price Paid
$0 to $30,000	$0
$30,001 to $48,000	n/a
$48,001 to $75,000	n/a
$75,001 to $110,000	n/a
$110,000+	n/a

Financial Aid

0% of full-time undergrad Monroe College New Rochelle received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $0 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 71% of students received Federal Student Loans averaging $5,549.

Finanical Aid Monroe College New Rochelle
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$0	0%
Institutional Grants and Scholarships	$0	0%
Pell Grants	$4,615	70%
Other Federal Grants	$0	0%
State and Local Grants	$0	0%
Federal Student Loans	$5,549	71%
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 Monroe College New Rochelle, we've modeled a ten year student loan with an original principal value of $45,112. The loan balance of $45,112 is a four year multiple of the $11,278 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 $478 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 4.99%.


Example Loan	$45,112
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$478.26
Total Interest Paid	$12,279.47
Sum of All Loan Payments	$57,391.47

Projected 4 Year Degree Price

4 Year Sticker Price

$87,480

Year	All Residents
1	$21,870
2	$23,401
3	$25,039
4	$26,792

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Monroe College New Rochelle to be $87,480 - 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 Monroe College New Rochelle
	Price Per Credit	3 Credit Class	4 Credit Class
All Residents	$485	$1,455	$1,940

Estimated cost for a class at Monroe College New Rochelle 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 Monroe College New Rochelle versus other colleges.