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Annual Costs

Undergraduate Tuition

Missouri University of Science and Technology tuition is $7,896 per year for in-state residents. This is 12% more expensive than the national average public four year tuition of $7,056. The cost is 53% cheaper than the average Missouri tuition of $16,783 for 4 year colleges. Tuition ranks 15th in Missouri amongst 4 year colleges for affordability and is the 54th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $24,568 which represents a 211% premium.

The school charges an additional fees of $1,350 in addition to tuition bringing the total effective in-state tuition to $9,246.

Housing Costs

On campus room and board is provided by the school at a cost of $10,094 per academic year. Students electing to live off campus elsewhere in Rolla should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $822.

Other Living Expenses

If living on-campus, students should budget for $1,850 in additional living expenses. Off-campus students should budget for $0 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Missouri residents to go to Missouri University of Science and Technology is $22,012 for the 2017/2018 academic year. Out-of-state students who don't have Missouri residence can expect a one year cost of $38,684.

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

Costs and Tuition for Missouri University of Science and Technology
Estimated Budgets
Missouri Resident Total Budget $22,012
   In-State Tuition$7,896
   Other Fees$1,350
   Room and Board$10,094
   On-Campus Other Budget$1,850
   Books and Supplies$822
Non-Resident Total Budget $38,684
   Out-of-State Tuition$24,568
   Other Fees$1,350
   Room and Board$10,094
   On-Campus Other Budget$1,850
   Books and Supplies$822

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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 $22,012 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 Missouri University of Science and Technology net price for in-state students is $14,377* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

88% of Missouri University of Science and Technology students received grant aid in 2014/2015. The average total aid amount was $8,531. 24 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 $4,240. To apply for a Pell Grant to attend Missouri University of Science and Technology, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Missouri University of Science and Technology
Financial Aid Summary
Average Annual Net Price$14,377*
Percent of Students Receiving Grant Aid88%
Average Total Grant Aid$8,531
Percent of Students Receiving Pell Grants24%
Average Amount of Pell Grant Aid$4,240

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$10,832
$30,001 to $48,000$12,001
$48,001 to $75,000$14,783
$75,001 to $110,000$17,529
$110,000+$17,454

Average Financial Aid Mix - $22,012 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $22,012. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

42%
28%
30%

Grants and Scholarships

 42% - $8,531

Money granted to you by the U.S. Department of Education, Missouri University of Science and Technology or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 28% - $5,645

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

Out of Pocket

 30% -  $5,986

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.

Is it Worth the Cost?

To make a comparative assessment if Missouri University of Science and Technology is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 66/100 for Missouri University of Science and Technology. Considering an average net price paid of $14,747, this leads to an overall value ranking of 78/100. This places the school 50th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.

Tuition Comparison to Similar Public Colleges in the Region

School Cost vs. Missouri University of Science and Technology
University of Missouri Columbia7.1% more expensive
University of Illinois at Springfield19.1% more expensive
University of Iowa5.2% less expensive
Indiana University Bloomington16.6% more expensive
Northern Illinois University19.9% more expensive

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 Missouri University of Science and Technology.

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 Missouri University of Science and Technology is $88,048 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 $14,747 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $58,988**

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 $110,060 or $73,735 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 Missouri University of Science and Technology.

Missouri Resident Tuition Per Semester$3,948
Missouri Resident Total Cost Per Semester$11,006
Non-Missouri Resident Tuition Per Semester$12,284
Non-Missouri Resident Total Cost Per Semester$19,342

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 Missouri University of Science and Technology 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 Missouri University of Science and Technology
Price per credit hour for Missouri residents$282
Cost for one class for Missouri residents (3 credit hours)$846
Price per credit hour for out of state residents$877
Cost for one class for out of state residents (3 credit hours)$2,631
Cost for one class for out of state residents (4 credit hours)$3,508

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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. 55% of Missouri University of Science and Technology students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,645. The reported average student debt upon graduation is $21,659.

Example Loan Payments and Costs

How much are student loan payments for Missouri University of Science and Technology? 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 $58,988, 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 $73,190.58. This could be your effective total out of pocket cost of an education at Missouri University of Science and Technology. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 88% of students at this school who receive financial aid and you are paying an average annual net price of $14,747. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Missouri University of Science and Technology 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.

Missouri University of Science and Technology Student Loan Payments
Example Payments
Monthly Loan Payment$609.92
Amount Borrowed$58,988.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$14,202.58
Sum of All Payments over 10 years$73,190.58

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Missouri University of Science and Technology? 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 Missouri University of Science and Technology, 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 $73,190.58 would be needed to afford a $609.92 monthly payment in the example $58,988.00 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 Missouri University of Science and Technology 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 $88,048.00. 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 Missouri University of Science and Technology.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$30,272$121,087
Estimated Cost in 10 years for students enrolling in 2029$38,635$154,541
Estimated Cost in 15 years for students enrolling in 2034 $49,309$197,237
Estimated Cost in 18 years for students enrolling in 2037 $57,082$228,327

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Missouri University of Science and Technology 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
Mechanical Engineering Bachelor's Degree 173 9% cheaper
Civil Engineering, General Bachelor's Degree 98 9% cheaper
Electrical and Electronics Engineering Bachelor's Degree 79 8% cheaper
Chemical Engineering Bachelor's Degree 53 16% cheaper
Computer and Information Sciences, General Bachelor's Degree 52 5% costlier
Engineering/Industrial Management Bachelor's Degree 49 2% cheaper
Aerospace, Aeronautical and Astronautical/Space Engineering Bachelor's Degree 49 15% cheaper
Architectural Engineering Bachelor's Degree 48 9% cheaper
Computer Engineering, General Bachelor's Degree 45 9% cheaper
Mining and Mineral Engineering Bachelor's Degree 44 2% costlier
Biology/Biological Sciences, General Bachelor's Degree 36 4% cheaper
Business, Management, Marketing, and Related Support Services, Other Bachelor's Degree 34 2% cheaper
Information Science/Studies Bachelor's Degree 32 1% cheaper
Psychology, General Bachelor's Degree 30 4% cheaper
Metallurgical Engineering Bachelor's Degree 21 4% costlier
Petroleum Engineering Bachelor's Degree 20 2% costlier
Nuclear Engineering Bachelor's Degree 20 10% cheaper
Physics, General Bachelor's Degree 17 12% cheaper
Ceramic Sciences and Engineering Bachelor's Degree 15 9% cheaper
Economics, General Bachelor's Degree 14 14% cheaper
Environmental/Environmental Health Engineering Bachelor's Degree 13 19% cheaper
Applied Mathematics, General Bachelor's Degree 12 14% cheaper
History, General Bachelor's Degree 11 5% cheaper
Geological and Earth Sciences/Geosciences, Other Bachelor's Degree 8 17% cheaper
Chemistry, General Bachelor's Degree 7 7% cheaper
Geological/Geophysical Engineering Bachelor's Degree 6 9% cheaper
Engineering, General Bachelor's Degree 4 15% cheaper
English Language and Literature, General Bachelor's Degree 4 4% cheaper
Professional, Technical, Business, and Scientific Writing Bachelor's Degree 2 0% cheaper
Philosophy Bachelor's Degree 1 14% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Missouri University of Science and Technology 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 Missouri University of Science and Technology 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 Missouri University of Science and Technology student loan.

Prepayment Option

About Missouri University of Science and Technology

Missouri University of Science and Technology is a four year public college located in Rolla, Missouri.  Full time enrollment is 7,431 and part time is 1,404.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Missouri University of Science and Technology
1870 Miner Circle
Rolla, Missouri
65409

For Profit / Not For Profit Status

Missouri University of Science and Technology 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.

Missouri University of Science and Technology cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=178411 IPEDS survey data.