V
Private 2 Year

Vatterott Career College-Memphis Dividend Drive Tuition & Cost

Memphis, Tennessee

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How much does it cost to attend?

Sticker Price
$22,919
Costs for Vatterott Career College Memphis Dividend Drive
Fee Cost
Tuition$10,238
Books and Supplies$2,072
Other Fees$830
Estimated Off Campus Cost of Living $6,258
Other Expenses Budget$3,521

Annual Prices

The annual list price to attend Vatterott Career College Memphis Dividend Drive on a full time basis for 2018/2019 is $22,919 for all students regardless of their residency. This fee is comprised of $10,238 for tuition, $6,258 room and board, $2,072 for books and supplies and $830 for other fees. Out of state tuition for Vatterott Career College Memphis Dividend Drive is $10,238, the same as Tennessee residents.

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 Vatterott Career College Memphis Dividend Drive when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$17,883
Net Price by Income Vatterott Career College Memphis Dividend Drive
Family Income Net Price Paid
$0 to $30,000$17,747
$30,001 to $48,000$18,469
$48,001 to $75,000$20,784
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Vatterott Career College Memphis Dividend Drive for students receiving grants or scholarship aid was $17,883 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

95% of full-time undergrad Vatterott Career College Memphis Dividend Drive received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,492 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 93% of students received Federal Student Loans averaging $9,431.

Finanical Aid Vatterott Career College Memphis Dividend Drive
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,492 95%
Institutional Grants and Scholarships $0 0%
Pell Grants $5,130 93%
Other Federal Grants $587 66%
State and Local Grants $1,278 2%
Federal Student Loans $9,431 93%
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 Vatterott Career College Memphis Dividend Drive, we've modeled a ten year student loan with an original principal value of $31,062. The loan balance of $31,062 is a two year multiple of the $15,531 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 $296 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 $31,062
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $296.37
Total Interest Paid $4,501.89
Sum of All Loan Payments $35,563.89

Projected 2 Year Degree Price

2 Year Sticker Price
$45,838
Year All Residents
1 $22,919
2 $24,523

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Vatterott Career College Memphis Dividend Drive to be $45,838 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Vatterott Career College Memphis Dividend Drive
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $280 $840 $1,120

Estimated cost for a class at Vatterott Career College Memphis Dividend Drive 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 Vatterott Career College Memphis Dividend Drive versus other colleges.

Tuition Payment Plans Available

Vatterott Career College Memphis Dividend Drive 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=440873 IPEDS survey data for Vatterott Career College Memphis Dividend Drive.