In 2022, tuition for full-time students at University of Montevallo was $12,090 a year for in-state students and $25,110 a year for out-of-state students.
On average, college tuition rises about 3% year.
If this information makes going to college seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college feel more doable until after graduation.
Tuition for international students at University of Montevallo is $25,110 per year.
University of Montevallo is a public, state institution, so it offers a reduced tuition rate of $12,090 for students who qualify as state residents and attend full-time.Non-Alabama residents can expect to pay 25,110 per year for tuition.
Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to verify your state's criteria for in-state residency. Each state has different requirements to qualify as in-state resident. 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 as well, depending on where you live.
Explore other Alabama colleges
University of Montevallo has the same tuition for international students as for those from out of state.
International students at University of Montevallo usually pay around $25,110 per year, before any scholarships or financial aid.
International students are not eligible for loans or grants from the U.S. government, but should research private or school-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
In addition to the cost of 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 University of Montevallo.
Housing and campus dining at University of Montevallo costs $10,135 a year. This number covers the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the school dining halls.
Board costs may vary depending on the numnber of meals you intend to eat on-campus
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 help cover the cost of facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer ways so that those with financial need to get help covering these fees.
The cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At University of Montevallo, freshman are allowed to park on campus.
Where are a college is located can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is usually costly, but cities may offer more buses, trains and affordable flights to actually get to school. University of Montevallois in a small town setting in Alabama, not far from Birmingham.
When you're planning for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of the actual cost of attending University of Montevallo.
What will the cost of attending University of Montevallo be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$10,135|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
The majority of University of Montevallo undergrads use financial aid to to cover the cost of tuition. In 2022, 1,310 of the 2,215 undergrads enrolled received financial aid. University of Montevallo meets 60% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $13,948 a year. Around 61% of University of Montevallo undergrads take out student loans to cover any remaining costs. University of Montevallo graduates who have student loans graduate with an average of $28,974 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for University of Montevallo 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 University of Montevallo 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 2022, University of Montevallo awarded 1,248 need-based scholarships to students, giving away total of $15 million to help students with financial need cover the cost of school. An additional $6.2 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 University of Montevallo 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 University of Montevallo was $13,948 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Montevallo seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$2,602|
Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.
What will attending University of Montevallo 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 University of Montevallo'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.
University of Montevallo 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 employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
University of Montevallo 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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