C
Public 2 Year

COTC Tuition & Cost

Newark, Ohio

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How much does it cost to attend?

In State Ohio Resident Sticker Price
$17,880
In State Costs for Central Ohio Technical College
Fee Cost
Tuition$4,776
Books and Supplies$1,008
Other Fees$0
Estimated Off Campus Cost of Living $7,632
Other Expenses Budget$4,464
Out of State Resident Sticker Price
$20,640
Out of State Costs for Central Ohio Technical College
Fee Cost
Tuition$7,536
Books and Supplies$1,008
Other Fees$0
Estimated Off Campus Cost of Living $7,632
Other Expenses Budget$4,464

Residents of Ohio pay an annual total price of $17,880 to attend Central Ohio Technical College on a full time basis. This fee is comprised of $4,776 for tuition, $1,008 for books and supplies and $0 for other fees.

Out of state residents are charged a total cost of $20,640 which is 15.4% higher than Ohio residents. The tuition charge is $7,536 while books and supplies are $1,008 and other fees come in at $0.

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

Average Net Price 2019/2020
$9,342
Net Price by Income Central Ohio Technical College
Family Income Net Price Paid
$0 to $30,000$8,759
$30,001 to $48,000$8,958
$48,001 to $75,000$10,486
$75,001 to $110,000$12,591
$110,000+$12,853

The average reported annual net price for Central Ohio Technical College for students receiving grants or scholarship aid was $9,342 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

92% of full-time undergrad Central Ohio Technical 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 $4,621 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 38% of students received Federal Student Loans averaging $4,698 and 1% of undergrads took out private student loans averaging $3,700.

Finanical Aid Central Ohio Technical College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,621 92%
Institutional Grants and Scholarships $2,116 33%
Pell Grants $4,275 59%
Other Federal Grants $1,277 24%
State and Local Grants $400 1%
Federal Student Loans $4,698 38%
Other Student Loans $3,700 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Central Ohio Technical College, we've modeled a ten year student loan with an original principal value of $20,416. The loan balance of $20,416 is a two year multiple of the $10,208 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 $195 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 $20,416
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $194.79
Total Interest Paid $2,958.94
Sum of All Loan Payments $23,374.94

Projected 2 Year Degree Price

2 Year Sticker Price
$35,760
Year Ohio Residents Non Residents
1 $17,880 $20,640
2 $18,280 $21,101

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Central Ohio Technical College to be $35,760 - assuming graduation in normal time. The estimation assumes a 2.2% 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 Central Ohio Technical College
Price Per Credit 3 Credit Class 4 Credit Class
Ohio Residents $199 $597 $796
Out of State Residents $314 $942 $1,256

Estimated cost for a class at Central Ohio Technical 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 Central Ohio Technical College versus other colleges.

Tuition Payment Plans Available

Central Ohio Technical 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=201672 IPEDS survey data for Central Ohio Technical College.