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Public 2 Year

College of the Albemarle Tuition & Cost

Elizabeth City, North Carolina

 1 Reviews

How much does it cost to attend?

In State North Carolina Resident Sticker Price
$18,344
In State Costs for College of the Albemarle
Fee Cost
Tuition$2,123
Books and Supplies$1,107
Other Fees$147
Estimated Off Campus Cost of Living $10,444
Other Expenses Budget$4,523
Out of State Resident Sticker Price
$23,596
Out of State Costs for College of the Albemarle
Fee Cost
Tuition$7,375
Books and Supplies$1,107
Other Fees$147
Estimated Off Campus Cost of Living $10,444
Other Expenses Budget$4,523

Residents of North Carolina pay an annual total price of $18,344 to attend College of the Albemarle on a full time basis. This fee is comprised of $2,123 for tuition, $1,107 for books and supplies and $147 for other fees.

Out of state residents are charged a total cost of $23,596 which is 28.6% higher than North Carolina residents. The tuition charge is $7,375 while books and supplies are $1,107 and other fees come in at $147.

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 College of the Albemarle when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$4,613
Net Price by Income College of the Albemarle
Family Income Net Price Paid
$0 to $30,000$3,036
$30,001 to $48,000$4,876
$48,001 to $75,000$4,905
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for College of the Albemarle for students receiving grants or scholarship aid was $4,613 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

62% of full-time undergrad College of the Albemarle received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,772 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0 and 1% of undergrads took out private student loans averaging $2,500.

Finanical Aid College of the Albemarle
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,772 62%
Institutional Grants and Scholarships $1,552 21%
Pell Grants $6,017 45%
Other Federal Grants $1,039 26%
State and Local Grants $2,842 27%
Federal Student Loans $0 0%
Other Student Loans $2,500 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to College of the Albemarle, we've modeled a ten year student loan with an original principal value of $12,632. The loan balance of $12,632 is a two year multiple of the $6,316 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 $121 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 $12,632
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $120.52
Total Interest Paid $1,830.79
Sum of All Loan Payments $14,462.79

Projected 2 Year Degree Price

2 Year Sticker Price
$36,688
Year North Carolina Residents Non Residents
1 $18,344 $23,596
2 $18,449 $23,731

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at College of the Albemarle to be $36,688 - assuming graduation in normal time. The estimation assumes a 0.6% 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 College of the Albemarle
Price Per Credit 3 Credit Class 4 Credit Class
North Carolina Residents $76 $228 $304
Out of State Residents $268 $804 $1,072

Estimated cost for a class at College of the Albemarle 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 College of the Albemarle versus other colleges.

Tuition Payment Plans Available

College of the Albemarle 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=197814 IPEDS survey data for College of the Albemarle.