In 2021, tuition for full-time students at St. Mary's College of Maryland was $12,116 a year for in-state students and $28,192 a year for out-of-state students.
On average, college tuition rises about 3%ba year.
If this information makes going to college seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.
St. Mary's College of Maryland is a public, state institution, so it offers a reduced tuition rate of $12,116 for students who qualify as state residents and attend full-time.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency..
Choosing a school where you qualify for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's rules for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.
St. Mary's College of Maryland has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at St. Mary's College of Maryland:
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at St. Mary's College of Maryland.
Housing and campus dining at St. Mary's College of Maryland costs $13,595 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat all or some of your meals the school dining halls. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $7,850.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. . The real cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more. Students who attend St. Mary's College of Maryland full time can expect to pay around $3,008 in fees every year they are enrolled.
There may be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways for students who may struggle to participate because of cost can get help covering these costs.
The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school?. Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your transportation budget. At St. Mary's College of Maryland, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area can be pricey, but cities may offer more buses, trains and low-cost flight options to actually get to school. St. Mary's College of Marylandis located in a rural setting in Maryland.
When estimating your budget for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for St. Mary's College of Maryland.
|2021 Total Tuition and Expenses|
|Room and Board||$13,595|
|Total Estimated Costs|
Tuition and fees may vary depending on program, course level, location, and more.
St. Mary's College of Maryland’s tuition and fees change based on: Course load for both full and part-time students
The majority of St. Mary's College of Maryland undergrads use financial aid to help pay for school. In 2021, 748 of the 1,488 undergrads enrolled received financial aid. St. Mary's College of Maryland meets 72% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $16,028 a year. Around 60.08% of St. Mary's College of Maryland undergrads take out student loans to cover any remaining costs. St. Mary's College of Maryland graduates who have student loans graduate with an average of $28,177 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|St. Mary's College of Maryland-Specific Loans||$0|
|Most Common Loans for St. Mary's College of Maryland Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on St. Mary's College of Maryland financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2021, St. Mary's College of Maryland awarded 643 need-based scholarships to students, giving away total of $8.6 million to help students with financial need cover the cost of school. An additional $2.22 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for St. Mary's College of Maryland students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at St. Mary's College of Maryland was $16,028 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of St. Mary's College of Maryland seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$6,749|
What will attending St. Mary's College of Maryland really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the St. Mary's College of Maryland's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
St. Mary's College of Maryland does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for St. Mary's College of Maryland students.
St. Mary's College of Maryland offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
St. Mary's College of Maryland has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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