OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Otero Junior College Tuition and Fees

A public university by the name of Otero Junior College is located in La Junta, CO. Otero Junior College was founded in the year 1941. The motto of the Otero Junior College is We're Focused on Your Future! and its official colors are blue and white. Taking into account all the courses offered at Otero Junior College, the total enrolment stands at 1,279. To teach various courses to the students, the school has employed a total of 79 faculty. Speaking of gender distribution, there are around 59

$3,574

Tuition

$17,939

Cost of Attendance

$11,506

Net Price

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Otero Junior College Tuition and Fees

Otero Junior College is a prominent educational institution known for providing a plethora of programs across a range of fields, ensuring high-quality education for students. Notably, the cost of education for the courses offered here is low compared to the tuition charged by many institutions. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Otero Junior College comes to around $5,177, which includes tuition and other expenses as well. While housing costs $7,104, the charges for books and supplies and other expenses stand at $1,800 and $5,461, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$3,975	$6,358
Book & Supplies	$1,800	$1,800
Room & Board cost	$6,864	$6,864
Other Expenses	$5,300	$5,300
Total Cost of Attendance	$17,939	$20,322

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 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 Otero Junior College, the total tuition and fees for the enrolled students come out to be around $5,177 in a year. Apart from that, they should also pay an average amount of $1,800 toward books and supplies, $9,482 for room and boarding charges, and $5,461 toward other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $21,921 per year. Moreover, the tuition fees that the candidates have to pay stand at $3,986 and $6,369 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$11,506

Family Income

Avg. Net Price

$0 to $30,000

$9,285

$30,001 to $48,000

$9,892

$48,001 to $75,000

$11,811

$75,001 to $110,000

$14,082

$110,000+

$15,076

The net price of attending Otero Junior 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $10,082 at OJC. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $8,966. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $9,577. The amount stands at $10,212 for an annual income between $48,001 and $75,000, $12,816 for the $75,001-$110,000 income bracket, and $13,641 for a family income above $110,000.

Student Loans

Example Loans

$20,236

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$210

Total interest paid

$4,965

Sum of Loan Payments

$25,201

To have a realistic understanding of how much it will cost to study at Otero Junior College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $20,236 for example. This will result in a $2,520 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 $25,201 which is $4,965 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	$3,975	$6,358
Room & Board Cost	$6,864	$6,864
Total Tuition & Fees	$10,839	$13,222

For students pursuing undergraduate courses at Otero Junior College, the tuition and fees are estimated to be $5,177 per year. Alongside that, they will likewise need to shell out around $9,482 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $21,921.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$149

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 Otero Junior College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $39. Otero Junior College also offers a wide range of online programs across 13 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$6,864	$11,543
Other Expense	$5,300	$5,500
Book & Supplies	$1,800	$1,800

Moving on to the housing and related expenses at Otero Junior College, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $12,480 per year, whereas, the cost for off-campus lodging is $17,408 a year. The room and boarding charges for on-campus students come to around $7,104, while the off-campus candidates would need to pay $11,861. In addition to that, the candidates will have to pay an amount of about $1,800 for books and supplies. The other expenses that students should plan for come to around $5,376 for on-campus candidates and $5,547 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,864

Off Campus

$11,543

Housing & Other Expenses

Other Expenses

On Campus

$5,300

Off Campus

$5,500

Housing & Other Expenses

Book & Supplies

On Campus

$1,800

Off Campus

$1,800

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Otero Junior College is around $110,473 as per official data. For undergraduate students, the total expenses added up to $10,082 in 2018-2019, $11,506 in 2017-2018, and $11,281 in 2016-2017.

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