In 2022, tuition for full-time Monterey Peninsula College students was $1,418 a year for in-state students and $9,886 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
If these numbers sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.
Monterey Peninsula College is a public institution, so it offers a reduced tuition rate of $1,418 for students who qualify as state residents and attend full-time.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to confirm your state's rules 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 additional requirements too, depending on where you live.
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Tuition at Monterey Peninsula College is the same for each student.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may be eligible for private or Monterey Peninsula College-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Monterey Peninsula College:
•On-campus jobs •Monterey Peninsula College-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
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 Monterey Peninsula College.
Room and board at Monterey Peninsula College is $30,771 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the Monterey Peninsula College's on-campus cafeterias and dining halls.
Board 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 and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students with demonstrated need to find ways to lower or eliminate 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? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these questions can make a big difference in your transportation budget.
Where are a college is located can impact 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 a city is sometimes expensive, but cities may offer more buses, trains and affordable flights to actually get to school. Monterey Peninsula Collegeis located in a small town setting in California.
When creating a budget for college, be sure to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Monterey Peninsula College.
What will the cost of attending Monterey Peninsula College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$30,771|
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.
In 2022, 0 of the 14,074 undergrads enrolled received financial aid.
|Most Common Loans for Monterey Peninsula College 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 Monterey Peninsula College 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, a total of $6.9 million was awarded in need-based scholarships.
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 Monterey Peninsula College 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.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Monterey Peninsula College seem more manageable.
What will attending Monterey Peninsula College 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Monterey Peninsula College'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.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Monterey Peninsula College has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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