Tuition and Cost to Attend George C Wallace State Community College Hanceville

Annual Total Cost

The total list price for in-state Alabama residents to go to George C Wallace State Community College Hanceville is $8,800 for the 2013/2014 academic year. Out-of-state students who don't possess Alabama residence can expect a one year cost of $12,130.

Undergraduate Tuition

George C Wallace State Community College Hanceville tuition is $3,330 per year for in-state residents. This is 5% more expensive than the national average public two year tuition of $3,176. The cost is $2,430 and 42% cheaper than the average Alabama tuition of $5,760 for 2 year colleges. Tuition ranks 17th in Alabama amongst 2 year colleges for affordability and is the 16th most expensive 2 year college in the state. If attending from out-of-state, the tuition is $6,660 which represents a 100% premium.

The school charges an additional fees of $870 in addition to tuition bringing the total effective in-state tuition to $4,200.

Housing Costs

On campus room and board is provided by the school at a cost of $3,200 per academic year. Students electing to live off campus elsewhere in Hanceville should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,400.

Costs and Tuition for George C Wallace State Community College Hanceville
Expenditure Price
Alabama Resident Total Cost $8,800
   In-State Tuition$3,330
   Other Fees$870
   Room and Board$3,200
   Books and Supplies$1,400

All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $8,800 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported George C Wallace State Community College Hanceville net price for in-state students receiving aid was $6,245* for the 2010/2011 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

75% of George C Wallace State Community College Hanceville students received grant aid in 2010/2011. The average total aid amount was $4,716. 54 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $5,279. To apply for a Pell Grant to attend George C Wallace State Community College Hanceville, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for George C Wallace State Community College Hanceville
Financial Aid Summary
Average Annual Net Price$6,245*
Percent of Students Receiving Grant Aid75%
Average Total Grant Aid$4,716
Percent of Students Receiving Pell Grants54%
Average Amount of Pell Grant Aid$5,279

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last reported for the 2011-2012 academic year.

Family Income Avg. Net Price
$0 to $30,000$7,495
$30,001 to $48,000$9,045
$48,001 to $75,000$11,487
$75,001 to $110,000$13,158
$110,000+$12,411

Average Financial Aid Mix - $8,800 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $8,800. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

54%
62%
-16%

Grants and Scholarships

 54% - $4,716

Money granted to you by the U.S. Department of Education, George C Wallace State Community College Hanceville or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 62% - $5,469

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 -16% -  ($1,385)

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.


Tuition Comparison to Academically Similar Schools in the Region

School Cost vs. George C Wallace State Community College Hanceville
Jefferson State Community College0% less expensive
Bevill State Community College0% less expensive
Snead State Community College0% less expensive
John C Calhoun State Community College1.8% less expensive
Lawson State Community College Birmingham Campus0.9% more expensive

Cost of a Degree

Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at George C Wallace State Community College Hanceville.

Estimated 2 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at George C Wallace State Community College Hanceville is $17,600 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $6,245 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $12,490**

**Based on a 2 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at George C Wallace State Community College Hanceville.

Alabama Resident Tuition Per Semester$1,665
Alabama Resident Total Cost Per Semester$4,400
Non-Alabama Resident Tuition Per Semester$3,330
Non-Alabama Resident Total Cost Per Semester$6,065

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at George C Wallace State Community College Hanceville are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at George C Wallace State Community College Hanceville
Price per credit hour for Alabama residents$107
Cost for one class for Alabama residents (3 credit hours)$321
Price per credit hour for out of state residents$214
Cost for one class for out of state residents (3 credit hours)$642
Cost for one class for out of state residents (4 credit hours)$856



Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 39% of George C Wallace State Community College Hanceville students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,469.

Example Loan Payments and Costs

How much are student loan payments for George C Wallace State Community College Hanceville? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $12,490, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $15,649.18. This could be your effective total out of pocket cost of an education at George C Wallace State Community College Hanceville. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 75% of students at this school who receive financial aid and you are paying an average annual net price of $6,245. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our George C Wallace State Community College Hanceville student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

George C Wallace State Community College Hanceville Student Loan Payments
Example Payments
Monthly Loan Payment$130.41
Amount Borrowed$12,490.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$3,159.18
Sum of All Payments over 10 years$15,649.18

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend George C Wallace State Community College Hanceville? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending George C Wallace State Community College Hanceville, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $15,649.18 would be needed to afford a $130.41 monthly payment in the example $12,490.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to George C Wallace State Community College Hanceville in the future? In the past five years, this school's published in-state tuition and fee total rose from $2,700 to $4,080. This amounts to an average annual price increase of 10.2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 2 year cost of $17,600.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for George C Wallace State Community College Hanceville.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$11,512$23,024
Estimated Cost in 10 years for students enrolling in 2024$14,693$29,385
Estimated Cost in 15 years for students enrolling in 2029 $18,752$37,504
Estimated Cost in 18 years for students enrolling in 2032 $21,708$43,415

Tuition History

What was tuition at George C Wallace State Community College Hanceville five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearIn-StateOut-of-stateAnnual Increase
2010$2,700$4,830 0%
2009$2,700$4,830 0%
2008$2,700$4,830 0%
2007$2,700$4,830 0%
2006$2,700$4,830 0%
2005$2,700$4,830 7.1%
2004$2,520$4,560 35.5%
2003$1,860$3,660 14.8%
2002$1,620$3,180 28.6%
2001$1,260$2,460 25%
2000$1,008$1,968 -25%
1999$1,344$2,624 14%
1998$1,179$2,259 0%
1997$1,179$2,259 0%
1996$1,179$1,179 18%
1995$999$1,674 0%
1994$999$1,674 0%
1993$999$1,674 0%
1992$999$1,674 63%
1991$613$1,063 0%
1990$613$1,063 0%

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at George C Wallace State Community College Hanceville to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Associate's Degree 228 35% cheaper
General Studies Associate's Degree 193 37% cheaper
Respiratory Care Therapy/Therapist Associate's Degree 34 32% cheaper
Radiologic Technology/Science - Radiographer Associate's Degree 34 32% cheaper
Physical Therapy Technician/Assistant Associate's Degree 33 35% cheaper
Occupational Therapist Assistant Associate's Degree 30 35% cheaper
Criminal Justice/Police Science Associate's Degree 26 31% cheaper
Dental Hygiene/Hygienist Associate's Degree 24 33% cheaper
Diagnostic Medical Sonography/Sonographer and Ultrasound Technician Associate's Degree 22 34% cheaper
Health Information/Medical Records Technology/Technician Associate's Degree 21 35% cheaper
Dental Assisting/Assistant Associate's Degree 20 35% cheaper
Computer and Information Sciences, General Associate's Degree 19 33% cheaper
Industrial Electronics Technology/Technician Associate's Degree 18 24% cheaper
Clinical/Medical Laboratory Technician Associate's Degree 18 30% cheaper
Administrative Assistant and Secretarial Science, General Associate's Degree 17 29% cheaper
Legal Assistant/Paralegal Associate's Degree 17 38% cheaper
Medical/Clinical Assistant Associate's Degree 16 39% cheaper
Business/Commerce, General Associate's Degree 15 40% cheaper
Drafting and Design Technology/Technician, General Associate's Degree 14 23% cheaper
Substance Abuse/Addiction Counseling Associate's Degree 11 29% cheaper
Culinary Arts/Chef Training Associate's Degree 10 41% cheaper
Child Care and Support Services Management Associate's Degree 9 26% cheaper
Tool and Die Technology/Technician Associate's Degree 7 15% cheaper
Emergency Medical Technology/Technician (EMT Paramedic) Associate's Degree 5 27% cheaper
Design and Visual Communications, General Associate's Degree 4 46% cheaper
Business Administration and Management, General Associate's Degree 3 39% cheaper
Liberal Arts and Sciences/Liberal Studies Associate's Degree 3 40% cheaper
Manufacturing Engineering Technology/Technician Associate's Degree 2 25% cheaper
Electroneurodiagnostic/Electroencephalographic Technology/Technologist Associate's Degree 1 29% cheaper

Calculators

Use the calculators below to formulate a college savings plan for George C Wallace State Community College Hanceville or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford George C Wallace State Community College Hanceville in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a George C Wallace State Community College Hanceville student loan.

Prepayment Option

About George C Wallace State Community College Hanceville

George C Wallace State Community College Hanceville is a two year community college located in Hanceville, Alabama.  Full time enrollment is 3,269 and part time is 2,275.  George C Wallace State Community College Hanceville has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.

Only undergraduate degrees are offered at this school.

Address
George C Wallace State Community College Hanceville
801 Main St NW
Hanceville, Alabama
35077-2000

For Profit / Not For Profit Status

George C Wallace State Community College Hanceville is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

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