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Annual Costs

Undergraduate Tuition

Allegany College of Maryland tuition is $3,570 per year for in-district residents. This is 20% more expensive than the national average public two year in-district tuition of $2,965. The cost is 4% cheaper than the average Maryland in-district tuition of $3,727 for 2 year colleges. Tuition ranks 15th in Maryland amongst 2 year colleges for affordability and is the 3rd most expensive 2 year college in the state.

The school charges an additional fees of $370 in addition to tuition bringing the total effective in-state tuition to $7,240.

Housing Costs

On campus room and board is provided by the school at a cost of $10,740 per academic year. Students electing to live off campus elsewhere in Cumberland should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,624.

Other Living Expenses

If living on-campus, students should budget for $3,540 in additional living expenses. Off-campus students should budget for $3,540 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-district residents to go to Allegany College of Maryland is $19,844 for the 2017/2018 academic year. The total cost for in-state, but not in district residents is $23,144. Out-of-state students who don't possess Maryland residence can expect a one year cost of $24,524.

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

Costs and Tuition for Allegany College of Maryland
Estimated Budgets
In-District Resident Total Budget $19,844
   In-District Tuition$3,570
   Other Fees$370
   On-Campus Other Budget$3,540
   Books and Supplies$1,624
   Room and Board$10,740
Maryland Out of District Total Budget $23,144
   In-State Tuition$6,870
   Other Fees$370
   Room and Board$10,740
   On-Campus Other Budget$3,540
   Books and Supplies$1,624

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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 $23,144 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 Allegany College of Maryland net price for in-state students is $8,804* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

84% of Allegany College of Maryland students received grant aid in 2014/2015. The average total aid amount was $5,230. 69 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 $4,394. To apply for a Pell Grant to attend Allegany College of Maryland, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Allegany College of Maryland
Financial Aid Summary
Average Annual Net Price$8,804*
Percent of Students Receiving Grant Aid84%
Average Total Grant Aid$5,230
Percent of Students Receiving Pell Grants69%
Average Amount of Pell Grant Aid$4,394

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$7,899
$30,001 to $48,000$8,483
$48,001 to $75,000$11,003
$75,001 to $110,000$12,978
$110,000+$13,438

Average Financial Aid Mix - $23,144 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $23,144. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
30%
43%

Grants and Scholarships

 27% - $5,230

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

Federal Loans

 30% - $5,852

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

Out of Pocket

 43% -  $8,522

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.

Tuition Comparison to Similar Community Colleges in the Region

School Cost vs. Allegany College of Maryland
Garrett College6.3% less expensive
Eastern West Virginia Community and Technical College50% less expensive
Pennsylvania Highlands Community College10.9% less expensive
Blue Ridge Community and Technical College95.7% less expensive
Lord Fairfax Community College38.1% less 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 Allegany College of Maryland.

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 Allegany College of Maryland is $46,288 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 $9,793 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $19,586**

**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 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 Allegany College of Maryland.

Maryland Resident Tuition Per Semester$3,435
Maryland Resident Total Cost Per Semester$11,572
Non-Maryland Resident Tuition Per Semester$4,125
Non-Maryland Resident Total Cost Per Semester$12,262

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 Allegany College of Maryland 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 Allegany College of Maryland
Price per credit hour for in district residents$119
Cost for one class for in district residents (3 credit hours)$357
Price per credit hour for Maryland residents$229
Cost for one class for Maryland residents (3 credit hours)$687
Price per credit hour for out of state residents$275
Cost for one class for out of state residents (3 credit hours)$825
Cost for one class for out of state residents (4 credit hours)$1,100

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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. 62% of Allegany College of Maryland students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,852.

Example Loan Payments and Costs

How much are student loan payments for Allegany College of Maryland? 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 $19,586, 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 $24,301.73. This could be your effective total out of pocket cost of an education at Allegany College of Maryland. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 84% of students at this school who receive financial aid and you are paying an average annual net price of $9,793. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Allegany College of Maryland 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.

Allegany College of Maryland Student Loan Payments
Example Payments
Monthly Loan Payment$202.51
Amount Borrowed$19,586.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$4,715.73
Sum of All Payments over 10 years$24,301.73

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Allegany College of Maryland? 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 Allegany College of Maryland, 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 $24,301.73 would be needed to afford a $202.51 monthly payment in the example $19,586.00 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 Allegany College of Maryland in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,880 to $6,870. This amounts to an average annual price increase of 3.4%. 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 $46,288.00. 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 Allegany College of Maryland.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$30,277$60,553
Estimated Cost in 10 years for students enrolling in 2029$38,642$77,283
Estimated Cost in 15 years for students enrolling in 2034 $49,318$98,635
Estimated Cost in 18 years for students enrolling in 2037 $57,091$114,183

Tuition History

What was tuition at Allegany College of Maryland 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$5,700$6,840 0%
2011$5,700$6,840 -0.2%
2010$5,714$6,824 1.1%
2009$5,654$6,584 2.2%
2008$5,534$6,434 0.5%
2007$5,504$6,404 2.8%
2006$5,354$6,254 3.1%
2005$5,194$6,094 0.3%
2004$5,180$6,080 0%
2003$5,180$6,080 0%
2002$5,180$5,750 0%
2001$5,180$5,300 1.2%
2000$5,120$7,640 13.3%
1999$4,520$4,910 15.7%
1998$3,905$4,055 33.5%
1997$2,925$3,765 6.9%
1996$2,735$3,545 7%
1995$2,555$3,305 35.1%
1994$1,891$2,491 -12.4%
1993$2,159$2,909 0.7%
1992$2,144$3,104 13.5%
1991$1,889$2,849 33%
1990$1,420$2,188 0.1%
1989$1,418$2,318 4.3%
1988$1,360$2,256

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Allegany College of Maryland 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 115 22% costlier
Engineering Technologies and Engineering-Related Fields, Other Associate's Degree 74 26% costlier
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 69 6% costlier
Liberal Arts and Sciences/Liberal Studies Associate's Degree 44 10% costlier
Management Information Systems, General Associate's Degree 33 13% costlier
Dental Hygiene/Hygienist Associate's Degree 30 25% costlier
Respiratory Care Therapy/Therapist Associate's Degree 23 26% costlier
Education, General Associate's Degree 20 30% costlier
Criminal Justice/Police Science Associate's Degree 19 27% costlier
Business Administration and Management, General Associate's Degree 18 13% costlier
Business/Commerce, General Associate's Degree 16 11% costlier
Physical Therapy Technician/Assistant Associate's Degree 16 22% costlier
Clinical/Medical Laboratory Technician Associate's Degree 15 33% costlier
Administrative Assistant and Secretarial Science, General Associate's Degree 15 31% costlier
Psychiatric/Mental Health Services Technician Associate's Degree 14 36% costlier
Occupational Therapist Assistant Associate's Degree 13 22% costlier
Forest Technology/Technician Associate's Degree 12 20% costlier
Medical Radiologic Technology/Science - Radiation Therapist Associate's Degree 12 16% costlier
Culinary Arts/Chef Training Associate's Degree 12 20% costlier
Communications Technology/Technician Associate's Degree 7 19% costlier
Medical/Clinical Assistant Associate's Degree 7 21% costlier
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 6 34% costlier
Massage Therapy/Therapeutic Massage Associate's Degree 5 17% costlier
Hotel/Motel Administration/Management Associate's Degree 4 12% costlier
Computer and Information Sciences, General Associate's Degree 2 24% costlier
Elementary Education and Teaching Associate's Degree 2 37% costlier

Calculators

Use the calculators below to formulate a college savings plan for Allegany College of Maryland 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 Allegany College of Maryland 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 Allegany College of Maryland student loan.

Prepayment Option

About Allegany College of Maryland

Allegany College of Maryland is a two year community college located in Cumberland, Maryland.  Full time enrollment is 1,419 and part time is 1,511.  Allegany College of Maryland 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
Allegany College of Maryland
12401 Willowbrook Rd SE
Cumberland, Maryland
21502-2596

For Profit / Not For Profit Status

Allegany College of Maryland 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.

Allegany College of Maryland cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=161688 IPEDS survey data.