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Mitchell College Tuition and Fees

There is a private university in New London, CT called Mitchell College. Mitchell College occupies a total area of about 68 acres. In 1938, Mitchell College was founded. Notably, the official colors of the university are red, white and black. At Mitchell College, the total enrolment stands at 642. The school has an academic staff of 68 who teach various courses to the students. Speaking of gender distribution, there are around 44% of the students who are females and 56% are males at Mitchell

$31,200

Tuition

$50,600

Cost of Attendance

$28,002

Net Price

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Mitchell College Tuition and Fees

Mitchell College offers undergraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $34,050, which includes the total tuition fees and other expenses. The housing facilities, books and supplies, and other expenses cost $13,500, $1,200, and $2,700, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$33,200	$33,200
Book & Supplies	$1,700	$1,700
Room & Board cost	$13,000	$13,000
Other Expenses	$2,700	$2,700
Total Cost of Attendance	$50,600	$50,600

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. What's more, at Mitchell College, the total tuition and fees for the enrolled students come out to be around $34,050 in a year. In addition, the students will be needed to pay an average expense of $1,200 for books and supplies, $13,500 toward room and boarding, and $2,700 for different other expenses in a year. So, the overall cost of attending MC comes out to be about $51,450 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$28,002

Family Income

Avg. Net Price

$0 to $30,000

$23,576

$30,001 to $48,000

$24,838

$48,001 to $75,000

$26,078

$75,001 to $110,000

$29,670

$110,000+

$30,525

The net cost of attending Mitchell 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. So, it all essentially depends on the family income bracket of the student. At MC, the average net price is estimated to be around $28,287. The net price for students with an annual family income below $30,000 is reported to be around $23,215. For the individuals who come under the $30,001-$48,000 income category, the net cost is $30,735. The amount stands at $25,260 for an annual income between $48,001 and $75,000, $27,159 for the $75,001-$110,000 income bracket, and $34,655 for a family income above $110,000.

Student Loans

Example Loans

$108,892

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,130

Total interest paid

$26,715

Sum of Loan Payments

$135,607

To have a realistic understanding of how much it will cost to study at Mitchell College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $108,892 for example. This will result in a $13,561 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 $135,607 which is $26,715 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$33,200	$33,200
Room & Board Cost	$13,000	$13,000
Total Tuition & Fees	$46,200	$46,200

For students pursuing undergraduate courses at Mitchell College, the tuition and fees are estimated to be $34,050 per year. They would also be required to pay around $13,500 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at MC adds up to $51,450.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$500

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 Mitchell College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $261. Mitchell College also offers a wide range of online programs across 15 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$13,000	$13,000
Other Expense	$2,700	$2,700
Book & Supplies	$1,700	$1,700

Now, coming to the lodging and related expenses at MC, the actual amount to be paid remains the same irrespective of whether the candidate opts to live on-campus or off-campus. The housing facilities will cost students around $16,200 per year. Moreover, the candidates will have to pay about $13,500 a year toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $1,200 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $2,700.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$13,000

Off Campus

$13,000

Housing & Other Expenses

Other Expenses

On Campus

$2,700

Off Campus

$2,700

Housing & Other Expenses

Book & Supplies

On Campus

$1,700

Off Campus

$1,700

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Mitchell College is around $258,475 as per official data. For undergraduate students, the total expenses added up to $28,287 in 2018-2019, $28,002 in 2017-2018, and $25,166 in 2016-2017.

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