M
Public 2 Year

Murray State College Tuition & Cost

Tishomingo, Oklahoma

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How much does it cost to attend?

In State Oklahoma Resident Sticker Price
$17,761
In State Costs for Murray State College
Fee Cost
Tuition$4,611
Books and Supplies$2,400
Other Fees$1,620
Room and Board $6,400
Other Expenses Budget$2,730
Out of State Resident Sticker Price
$22,895
Out of State Costs for Murray State College
Fee Cost
Tuition$9,745
Books and Supplies$2,400
Other Fees$1,620
Room and Board $6,400
Other Expenses Budget$2,730

Residents of Oklahoma pay an annual total price of $17,761 to attend Murray State College on a full time basis. This fee is comprised of $4,611 for tuition, $6,400 room and board, $2,400 for books and supplies and $1,620 for other fees.

Out of state residents are charged a total cost of $22,895 which is 28.9% higher than Oklahoma residents. The tuition charge is $9,745 while room and board is $6,400, books and supplies are $2,400 and other fees come in at $1,620.

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

Average Net Price 2019/2020
$13,159
Net Price by Income Murray State College
Family Income Net Price Paid
$0 to $30,000$11,585
$30,001 to $48,000$11,749
$48,001 to $75,000$15,143
$75,001 to $110,000$16,650
$110,000+$15,294

The average reported annual net price for Murray State College for students receiving grants or scholarship aid was $13,159 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

91% of full-time undergrad Murray State 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 $6,720 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 68% of students received Federal Student Loans averaging $4,995 and 1% of undergrads took out private student loans averaging $2,727.

Finanical Aid Murray State College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,720 91%
Institutional Grants and Scholarships $3,993 53%
Pell Grants $4,609 54%
Other Federal Grants $555 15%
State and Local Grants $2,738 30%
Federal Student Loans $4,995 68%
Other Student Loans $2,727 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Murray State College, we've modeled a ten year student loan with an original principal value of $15,908. The loan balance of $15,908 is a two year multiple of the $7,954 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 $152 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 $15,908
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $151.78
Total Interest Paid $2,305.58
Sum of All Loan Payments $18,213.58

Projected 2 Year Degree Price

2 Year Sticker Price
$35,522
Year Oklahoma Residents Non Residents
1 $17,761 $22,895
2 $18,621 $24,004

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Murray State College to be $35,522 - assuming graduation in normal time. The estimation assumes a 4.8% 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 Murray State College
Price Per Credit 3 Credit Class 4 Credit Class
Oklahoma Residents $140 $420 $560
Out of State Residents $321 $963 $1,284

Estimated cost for a class at Murray State 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 Murray State College versus other colleges.

Tuition Payment Plans Available

Murray State 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=207236 IPEDS survey data for Murray State College.