$4,320

Tuition

N/A

Cost of Attendance

$6,251

Net Price

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Marion Technical College Tuition and Fees

Marion Technical College is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at MTC is quite low. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $6,182, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While books and supplies cost $900, the charges for other expenses stand at $2,000.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$4,902$6,822
Book & Supplies$1,000$1,000
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. For students attending the university, the total tuition and fees for one year add up to about $6,182. Other than that, they will need to shell out an amount of $900 for books and supplies, $5,000 for room and boarding charges, and $2,000 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $14,082 per year. At the university, in-state students will be required to pay an amount of $5,222 toward tuition and fees, while out-state candidates need to shell out $7,142.

Average Net Price by Family Income

Net Price

$6,251

Family Income

Avg. Net Price

$0 to $30,000

$5,152

$30,001 to $48,000

$5,601

$48,001 to $75,000

$7,736

$75,001 to $110,000

$9,664

$110,000+

$9,605

The net cost of attending Marion Technical College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount. At MTC, the average net price is estimated to be $5,819. For students with a family income below $30,000, the estimated net price is $5,141, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $5,629. Meanwhile, the net price stands at $6,834 for the $48,001-$75,000 income bracket and at $9,862 for an income between $75,001 and $110,000. This amount adds up to $10,628 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$15,454

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$160

Total interest paid

$3,791

Sum of Loan Payments

$19,245

To have a realistic understanding of how much it will cost to study at Marion Technical College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $15,454 for example. This will result in a $1,925 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $19,245 which is $3,791 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$4,902$6,822
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

For students pursuing undergraduate courses at Marion Technical College, the tuition and fees are estimated to be $6,182 per year. Moreover, the applicants must also pay an amount of $5,000 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $14,082 per year, based on the available data.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$180

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Marion Technical College varies for graduate and undergraduate courses. At MTC, the cost per credit hour for graduate courses is $47. Marion Technical College also offers a wide range of online programs across 27 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$5,000
Other ExpenseN/A$2,000
Book & Supplies$1,000$1,000

Moving on to the housing and related charges, students who wish to stay off-campus will have to pay around $7,000 per year. Notably, there are no on-campus lodging facilities available for students at the college. Moreover, off-campus candidates will have to pay an amount of $5,000 toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $900 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $2,000 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$5,000

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$2,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Moving on to the housing and related charges, students who wish to stay off-campus will have to pay around $7,000 per year. Notably, there are no on-campus lodging facilities available for students at the college. Moreover, off-campus candidates will have to pay an amount of $5,000 toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $900 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $2,000 for off-campus students.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $9,300 $150
Certificate $1,800 $180
Certificate $1,800 $180

Marion Technical College offers 11 online programs across 2 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at MTC are projected to cost around $71,200 as per official data. In comparison, the total expenses for undergraduate students stood at $5,819 for 2018-2019, $6,251 for 2017-2018, and $6,133 for 2016-2017.

Explore Programs by Major

Business ManagementApplied Science

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