Quantcast

Annual Costs

Undergraduate Tuition

Gulf Coast State College tuition is $1,750 per year for in-state residents. This is 75% cheaper than the national average public four year tuition of $7,056. The cost is 88% cheaper than the average Florida tuition of $14,261 for 4 year colleges. Tuition ranks 2nd in Florida amongst 4 year colleges for affordability and is the 101st most expensive 4 year college in the state. If attending from out-of-state, the tuition is $7,064 which represents a 304% premium.

The school charges an additional fees of $620 in addition to tuition bringing the total effective in-state tuition to $2,370.

Housing Costs

Gulf Coast State College doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Panama City area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $7,580.

Books and Supplies

The estimated annual cost for books and supplies is $1,035.

Other Living Expenses

Off-campus students should budget for $2,185 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Florida residents to go to GCSC is $13,170 for the 2017/2018 academic year. Out-of-state students who don't have Florida residence can expect a one year cost of $18,484. Students residing at home with parents providing food and housing should budget a total cost of $5,590.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Gulf Coast State College and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Gulf Coast State College
Estimated Budgets
Florida Resident Total Budget (Living Off Campus)$13,170
   In-State Tuition$1,750
   Other Fees$620
   Off-Campus Housing Budget$7,580
   Off-Campus Other Budget$2,185
   Books and Supplies$1,035
Florida Resident Total Budget (Living with Parents)$5,590
   In-State Tuition$1,750
   Other Fees$620
   Family Provided Room and Board$0
   With-Family Other Living Budget$2,185
   Books and Supplies$1,035
Non-Resident Total Budget (Living Off Campus)$18,484
   Out-of-State Tuition$7,064
   Other Fees$620
   Off-Campus Housing Budget$7,580
   Off-Campus Other Budget$2,185
   Books and Supplies$1,035

Advertisements

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 $13,170 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 GCSC net price for in-state students is $4,577* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

75% of Gulf Coast State College students received grant aid in 2014/2015. The average total aid amount was $4,225. 52 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,254. To apply for a Pell Grant to attend Gulf Coast State College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Gulf Coast State College
Financial Aid Summary
Average Annual Net Price$4,577*
Percent of Students Receiving Grant Aid75%
Average Total Grant Aid$4,225
Percent of Students Receiving Pell Grants52%
Average Amount of Pell Grant Aid$4,254

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 published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$4,858
$30,001 to $48,000$5,887
$48,001 to $75,000$7,413
$75,001 to $110,000$9,463
$110,000+$9,463

Average Financial Aid Mix - $13,170 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $13,170. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

38%
39%
23%

Grants and Scholarships

 38% - $4,225

Money granted to you by the U.S. Department of Education, Gulf Coast State College or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 39% - $4,274

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

Out of Pocket

 23% -  $2,486

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 Academic Year 2014-2015 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.

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Gulf Coast State College.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at GCSC is $52,680 for students graduating in normal time. This methodology for estimating the 4 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 $5,281 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $21,124**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $65,850 or $26,405 using an average net price.

**Based on a 4 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 2014-2015 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 Gulf Coast State College.

Florida Resident Tuition Per Semester$875
Florida Resident Total Cost Per Semester$6,585
Non-Florida Resident Tuition Per Semester$3,532
Non-Florida Resident Total Cost Per Semester$9,242

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 Gulf Coast State College 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 Gulf Coast State College
Price per credit hour for Florida residents$99
Cost for one class for Florida residents (3 credit hours)$297
Price per credit hour for out of state residents$360
Cost for one class for out of state residents (3 credit hours)$1,080
Cost for one class for out of state residents (4 credit hours)$1,440

Advertisements

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. 13% of Gulf Coast State College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $4,274.

Example Loan Payments and Costs

How much are student loan payments for Gulf Coast State College? 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 $21,124, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $26,210.04. This could be your effective total out of pocket cost of an education at Gulf Coast State College. 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 $5,281. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Gulf Coast State College 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.

Gulf Coast State College Student Loan Payments
Example Payments
Monthly Loan Payment$218.42
Amount Borrowed$21,124.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$5,086.04
Sum of All Payments over 10 years$26,210.04

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend GCSC? 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 Gulf Coast State College, 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 $26,210.04 would be needed to afford a $218.42 monthly payment in the example $21,124.00 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 Gulf Coast State College in the future? 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 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $52,680.00. 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 Gulf Coast State College.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2023$18,112$72,447
Estimated Cost in 10 years for students enrolling in 2028$23,116$92,463
Estimated Cost in 15 years for students enrolling in 2033 $29,502$118,009
Estimated Cost in 18 years for students enrolling in 2036 $34,153$136,610

Tuition History

What was tuition at GCSC 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 in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearIn-StateOut-of-stateAnnual Increase
2012$2,042$8,242 8%
2011$1,891$7,631 -20.8%
2010$2,387$8,651 15.2%
2009$2,072$7,418 12.8%
2008$1,837$6,636 0%
2007$1,837$6,636 5.2%
2006$1,746$6,433 6.7%
2005$1,637$6,105 -2.1%
2004$1,672$6,233 7.3%
2003$1,558$5,834 2.4%
2002$1,522$5,663 3.7%
2001$1,467$5,481 8.5%
2000$1,352$5,072 1.8%
1999$1,328$4,981 15.2%
1998$1,153$4,325 7.2%
1997$1,076$4,036 -0.8%
1996$1,085$4,070 14.2%
1995$950$3,550 5.6%
1994$900$3,477 9.2%
1993$824$3,293 4.6%
1992$788$3,150 19.2%
1991$661$1,323 10.4%
1990$599$1,169

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Gulf Coast State College 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
Liberal Arts and Sciences/Liberal Studies Associate's Degree 600 17% cheaper
Registered Nursing/Registered Nurse Associate's Degree 70 8% cheaper
Respiratory Care Therapy/Therapist Associate's Degree 13 5% cheaper
Physical Therapy Technician/Assistant Associate's Degree 13 8% cheaper
Diagnostic Medical Sonography/Sonographer and Ultrasound Technician Associate's Degree 13 6% cheaper
Dental Hygiene/Hygienist Associate's Degree 13 6% cheaper
Restaurant, Culinary, and Catering Management/Manager Associate's Degree 11 11% cheaper
Medical Radiologic Technology/Science - Radiation Therapist Associate's Degree 11 13% cheaper
Fire Prevention and Safety Technology/Technician Associate's Degree 10 8% cheaper
Legal Assistant/Paralegal Associate's Degree 9 9% cheaper
Business Administration and Management, General Associate's Degree 8 14% cheaper
Computer/Information Technology Services Administration and Management, Other Associate's Degree 7 7% cheaper
Criminal Justice/Law Enforcement Administration Associate's Degree 7 13% cheaper
Music, Other Associate's Degree 5 2% cheaper
Cinematography and Film/Video Production Associate's Degree 5 4% cheaper
Emergency Medical Technology/Technician (EMT Paramedic) Associate's Degree 4 2% costlier
Child Care Provider/Assistant Associate's Degree 4 6% cheaper
Electromechanical and Instrumentation and Maintenance Technologies/Technicians, Other Associate's Degree 3 0% cheaper
Executive Assistant/Executive Secretary Associate's Degree 2 6% costlier
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 1 6% cheaper
Construction Engineering Technology/Technician Associate's Degree 1 6% cheaper
Drafting and Design Technology/Technician, General Associate's Degree 1 8% costlier
Computer Technology/Computer Systems Technology Associate's Degree 1 4% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Gulf Coast State College 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 Gulf Coast State College 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 Gulf Coast State College student loan.

Prepayment Option

About Gulf Coast State College

Gulf Coast State College is a four year public college located in Panama City, Florida.  Full time enrollment is 1,850 and part time is 3,633.  Gulf Coast State College 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
Gulf Coast State College
5230 West U.S. Highway 98
Panama City, Florida
32401

For Profit / Not For Profit Status

Gulf Coast State College 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.

Gulf Coast State College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=134343 IPEDS survey data.