In 2022, tuition for full-time students at Mount Marty College was $28,900 a year.
In 2022, tuition increased 4.26%–from $27,720 the prior year. On average, college tuition rises about 3% year.
Remember, the displayed price of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is way less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make thecost of college feel more doable until after graduation.
Mount Marty College is a private, religious institution, so it has the same tuition for students from South Dakota as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer a lower cost of attendance for students who are residents of that state.
Attending a school where you qualify for in-state tuition can save on the total cost of attending college. Take the time to verify your state's rules for in-state tuition. 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 too, depending on where you live.
Explore other South Dakota colleges
Tuition at Mount Marty College is the same for all students.
International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Mount Marty College:
•On-campus jobs •Loans from outsideMount Marty College •Athletic Awards •Mount Marty College-specific scholarships •International Students Tuition Waivers
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 Mount Marty College.
Housing and campus dining at Mount Marty College costs $8,850 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the school dining facilities.
Board costs vary based on 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 actual 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 books from students who have already taken the course.
The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.
The cost of getting around in college can really vary. 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 small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
The location of a college or university 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 flip side, transportation in a city could be pricey, but cities may offer more buses, trains and low-cost flight options to actually get to school. Mount Marty Collegeis in a small town setting in South Dakota.
When you're planning for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Mount Marty College.
What will the cost of attending Mount Marty College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$8,850|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
Mount Marty College’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for both full and part-time students
In 2022, 419 of the 1,060 undergrads enrolled received financial aid. Mount Marty College meets 89% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $36,486 a year. Around 79% of Mount Marty College undergrads take out student loans to cover any remaining costs. Mount Marty College graduates who have student loans graduate with an average of $31,262 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Mount Marty 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 Mount Marty 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, Mount Marty College awarded 408 need-based scholarships to students, giving away total of $7 million to help students with financial need cover the cost of school. An additional $1.63 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 Mount Marty 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.
The average amount of financial aid received by a full-time first year student with demonstrated need at Mount Marty College was $36,486 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Mount Marty College seem more manageable.
|Estimated Net Cost for Full-Time Students|
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 Mount Marty 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 Mount Marty 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.
Mount Marty College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools 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.
Mount Marty College has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees
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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