M
Public 2 Year

Montgomery Community College Tuition & Cost

Troy, North Carolina

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How much does it cost to attend?

In State North Carolina Resident Sticker Price
$19,952
In State Costs for Montgomery Community College
Fee Cost
Tuition$2,432
Books and Supplies$2,702
Other Fees$105
Estimated Off Campus Cost of Living $8,514
Other Expenses Budget$6,199
Out of State Resident Sticker Price
$26,096
Out of State Costs for Montgomery Community College
Fee Cost
Tuition$8,576
Books and Supplies$2,702
Other Fees$105
Estimated Off Campus Cost of Living $8,514
Other Expenses Budget$6,199

Residents of North Carolina pay an annual total price of $19,952 to attend Montgomery Community College on a full time basis. This fee is comprised of $2,432 for tuition, $2,702 for books and supplies and $105 for other fees.

Out of state residents are charged a total cost of $26,096 which is 30.8% higher than North Carolina residents. The tuition charge is $8,576 while books and supplies are $2,702 and other fees come in at $105.

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

Average Net Price 2018/2019
$6,615
Net Price by Income Montgomery Community College
Family Income Net Price Paid
$0 to $30,000$4,208
$30,001 to $48,000$5,810
$48,001 to $75,000$6,106
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Montgomery Community College for students receiving grants or scholarship aid was $6,615 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

68% of full-time undergrad Montgomery 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 $5,082 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 $20,999.

Finanical Aid Montgomery Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,082 68%
Institutional Grants and Scholarships $2,546 26%
Pell Grants $5,740 39%
Other Federal Grants $245 11%
State and Local Grants $1,331 38%
Federal Student Loans $0 0%
Other Student Loans $20,999 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Montgomery Community College, we've modeled a ten year student loan with an original principal value of $10,612. The loan balance of $10,612 is a two year multiple of the $5,306 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 $101 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 $10,612
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $101.25
Total Interest Paid $1,538.02
Sum of All Loan Payments $12,150.02

Projected 2 Year Degree Price

2 Year Sticker Price
$39,904
Year North Carolina Residents Non Residents
1 $19,952 $26,096
2 $20,174 $26,386

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Montgomery Community College to be $39,904 - assuming graduation in normal time. The estimation assumes a 1.1% 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 Montgomery Community College
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 Montgomery 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 Montgomery Community College versus other colleges.

Tuition Payment Plans Available

Montgomery 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=199023 IPEDS survey data for Montgomery Community College.