Northeast Catholic College Tuition 2024| The College Monk

$23,400

Tuition

$34,756

Cost of Attendance

$12,442

Net Price

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Northeast Catholic College Tuition and Fees

Magdalen College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at MC is quite low compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $24,000, which includes the total tuition fees and other expenses. While housing costs $8,000, the charges for books and supplies and other expenses stand at $700 and $1,678, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$24,000	$24,000
Book & Supplies	$700	$700
Room & Board cost	$8,000	$8,000
Other Expenses	$2,056	$2,056
Total Cost of Attendance	$34,756	$34,756

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Magdalen College, the total tuition and fees for the enrolled students come out to be around $24,000 in a year. Other than that, they will need to shell out an amount of $700 for books and supplies, $8,000 for room and boarding charges, and $1,678 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at MC is around $34,378, as per the available information.

Average Net Price by Family Income

Net Price

$12,442

Family Income

Avg. Net Price

$0 to $30,000

$9,078

$30,001 to $48,000

$10,186

$48,001 to $75,000

$9,493

$75,001 to $110,000

$12,161

$110,000+

The net price of attending Magdalen College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $12,153 at MC. For students with a family income below $30,000, the estimated net price is $9,657, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $9,344. On the other hand, an estimated net cost of $6,756 is charged for the $48,001-$75,000 income bracket, $15,697 for the $75,001-$110,000 income category, and $14,757 for an annual family income more than $110,000.

Student Loans

Example Loans

$57,844

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$600

Total interest paid

$14,191

Sum of Loan Payments

$72,035

To have a realistic understanding of how much it will cost to study at Northeast Catholic College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $57,844 for example. This will result in a $7,203 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 $72,035 which is $14,191 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	$24,000	$24,000
Room & Board Cost	$8,000	$8,000
Total Tuition & Fees	$32,000	$32,000

For students pursuing undergraduate courses at Magdalen College, the tuition and fees are estimated to be $24,000 per year. Moreover, the applicants must also pay an amount of $8,000 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MC adds up to $34,378.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$700

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend MC. The cost per credit hour for the graduate courses at the college sits at $184.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$8,000	$8,000
Other Expense	$2,056	$600
Book & Supplies	$700	$700

As far as the housing and related charges at MC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $10,756 per year for on-campus housing and $8,600 a year for off-campus lodging facilities. On the other hand, the room and board charges that the students have to pay total around $8,000 per year. On the other hand, the charges toward books and supplies come to around $700. The other expenses that students should plan for come to around $2,756 for on-campus candidates and $600 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,000

Off Campus

$8,000

Housing & Other Expenses

Other Expenses

On Campus

$2,056

Off Campus

$600

Housing & Other Expenses

Book & Supplies

On Campus

$700

Off Campus

$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 Magdalen College is around $172,964 as per official data. To note, the total expenses for undergraduate students stood at $12,153 for 2018-2019, $12,442 for 2017-2018, and $12,422 for 2016-2017.

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