$4,650

Tuition

$18,812

Cost of Attendance

$10,867

Net Price

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University of Arkansas at Monticello Tuition and Fees

University of Arkansas at Monticello offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very low, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $10,834, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $7,058, the charges for books and supplies and other expenses stand at $1,200 and $4,406, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$7,462$13,312
Book & Supplies$1,200$1,200
Room & Board cost$6,550$6,550
Other Expenses$3,600$3,600
Total Cost of Attendance$18,812$24,662

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. 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. What's more, at University of Arkansas at Monticello, the total tuition and fees for the enrolled students come out to be around $10,834 in a year. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $7,291 for room and boarding charges, and $4,406 toward other expenses in a year. So, the overall cost of attending UAM comes out to be about $23,731 per year, according to the most recent information available. Moreover, the tuition fees that the candidates have to pay stand at $7,909 and $13,759 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$10,867

Family Income

Avg. Net Price

$0 to $30,000

$10,730

$30,001 to $48,000

$8,010

$48,001 to $75,000

$11,993

$75,001 to $110,000

$14,517

$110,000+

$15,467

As for the net cost for attending UAM, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $11,913 at UAM. For students with a family income below $30,000, the estimated net price is $11,326, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $11,158. On the other hand, an estimated net cost of $13,201 is charged for the $48,001-$75,000 income bracket, $16,148 for the $75,001-$110,000 income category, and $15,445 for an annual family income more than $110,000.

Student Loans

Example Loans

$33,588

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$349

Total interest paid

$8,240

Sum of Loan Payments

$41,828

To have a realistic understanding of how much it will cost to study at University of Arkansas at Monticello here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $33,588 for example. This will result in a $4,183 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 $41,828 which is $8,240 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$7,462$13,312
Room & Board Cost$6,550$6,550
Total Tuition & Fees$14,012$19,862

For students pursuing undergraduate courses at University of Arkansas at Monticello, the tuition and fees are estimated to be $10,834 per year. Moreover, the applicants must also pay an amount of $7,291 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $23,731.

Graduate Tuition and Fees

In-stateOut-State
Tuition$4,839$9,249
Fees$1,681$1,681

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$269
Undergraduate2018 - 2019$155

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 UAM. The cost per credit hour for the graduate courses at the university sits at $83. Also, University of Arkansas at Monticello currently offers a number of online courses to students across 38 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$6,550$6,750
Other Expense$3,600$4,950
Book & Supplies$1,200$1,200

Moving on to the housing and related expenses at University of Arkansas at Monticello, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $10,884 per year, whereas, the cost for off-campus lodging is $12,510 a year. The room and boarding charges for on-campus students come to around $7,058, while the off-campus candidates would need to pay $7,524. On the other hand, the charges toward books and supplies come to around $1,200. Meanwhile, the other expenses that one needs to plan for add up to $3,826 for on-campus students and $4,986 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$6,550

Off Campus

$6,750

Housing & Other Expenses

Other Expenses

On Campus

$3,600

Off Campus

$4,950

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Moving on to the housing and related expenses at University of Arkansas at Monticello, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $10,884 per year, whereas, the cost for off-campus lodging is $12,510 a year. The room and boarding charges for on-campus students come to around $7,058, while the off-campus candidates would need to pay $7,524. On the other hand, the charges toward books and supplies come to around $1,200. Meanwhile, the other expenses that one needs to plan for add up to $3,826 for on-campus students and $4,986 for off-campus students.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $7,462 NA
Associate $7,462 NA
Bachelors $7,462 NA

University of Arkansas at Monticello offers 6 online programs across 3 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at University of Arkansas at Monticello is around $119,422 as per official data. In comparison, the total expenses for undergraduate students stood at $11,913 for 2018-2019, $10,867 for 2017-2018, and $11,260 for 2016-2017.

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