Tuition and Cost to Attend Monroe Community College

Annual Total Cost

The total cost for in-state New York residents to go to Monroe Community College is $13,574 for the 2013/2014 academic year. Out-of-state students who don't possess New York residence can expect a one year cost of $16,814. The components to this cost are detailed below.

Undergraduate Tuition

Monroe Community College tuition is $3,240 per year for in-state residents. This is 2% more expensive than the national average pubic two yearr tuition of $3,176. The fee is $6,143 and 65% cheaper than the average New York tuition of $9,383 for 2 year colleges. Tuition ranks 2nd in New York amongst 2 year colleges for affordability and is the 73rd most expensive 2 year college in the state. If you're attending from out-of-state, the tuition is $6,480 which represents a 100% premium.

Housing Costs

On campus room and board is provided by the school at a cost of $8,500 per year. If you elect to live off campus elsewhere in Rochester, you should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,200.

Other Fees

There is an additional fee of $634 which is charged in addition to tuition.

Cost Itemization

Costs and Tuition Detail for Monroe Community College
Expenditure Price
New York Resident Total Cost$13,574
Non-Resident Total Cost$16,814
   In-State Tuition$3,240
   Out-of-State Tution$6,480
   Room and Board$8,500
   Books and Supplies$1,200
   Other Fees$634

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 $13,574 published price if scholarship or grant aid is made available to you.

Net Price

The net out of pocket price you end up paying or financing though student loans is known as the net price. The reported Monroe Community College net price for in-state students receiving aid was $5,480* for the 2010/2011 academic year.

Pell Grants and other Grant Aid

58% of Monroe Community College students recieved grant aid in 2010/2011 to help defray the cost of tuition. The average total aid amount was $4,683. 48 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 $4,251. To apply for a Pell Grant to attend Monroe Community College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Monroe Community College
Financial Aid Summary
Average Annual Net Price$5,480*
Percent of Students Receiving Grant Aid58%
Average Total Grant Aid$4,683
Percent of Students Receiving Pell Grants48%
Average Amount of Pell Grant Aid$4,251

Average Financial Aid Mix - $13,574 In-State Total Cost

Estimated coverage of the annual in-state tuition and living expenses of $13,574. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

4683
5860
3031

 34% - $4,683

Grants and Scholarships

Money granted to you by the U.S. Department of Education or Monroe Community College. These are not loans and do not need to be repaid.

 43% - $5,860

Federal Loans

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

 22% -  $3,031

Out of Pocket

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.


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 Monroe Community College.

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 Monroe Community College is $27,148 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 $5,480 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $10,960**

**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 Monroe Community College.

New York Resident Tuition Per Semester$1,620
New York Resident Total Cost Per Semester$6,787
Non-New York Resident Tuition Per Semester$3,240
Non-New York Resident Total Cost Per Semester$8,407

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 Monroe Community 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 Monroe Community College
Price per credit hour for New York residents$128
Cost for one class for New York residents (3 credit hours)$384
Price per credit hour for out of state residents$256
Cost for one class for out of state residents (3 credit hours)$768
Cost for one class for out of state residents (4 credit hours)$1,024

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Student Loans

The secondry consideration after understanding the cost of college is figuring out how to finance it. Some students are fortunate enough to have some form of family financial assitance, but student loans end up financing a singificant portion of higher education in the U.S. 38% of Monroe Community College students receive U.S. Federal Student Loans with an average Federal Loan aid amount of $5,860.

Example Loan Payments and Costs

How much are student loan payments for Monroe Community College? Obviously this varies based on a number of factors - offsetting finacial aid you receieve, 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 $10,960, 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 $13,732.19. This could be your effective total out of pocket cost of an education at Monroe Community College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 58% of students at this school who receive financial aid and you are paying an average annual net price of $5,480. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Monroe Community 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.

Monroe Community College Student Loan Payments
Example Payments
Monthly Loan Payment$114.43
Amount Borrowed$10,960.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$2,772.19
Sum of All Payments over 10 years$13,732.19

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Monroe Community College? 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 condidering attending Monroe Community 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 $13,732.19 would be needed to afford a $114.43 monthly payment in the example $10,960.00 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.

For Profit / Not For Profit Status

Monroe Community 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.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Monroe Community College in the future? In the past five years, this school's published in-state tuition and fee total rose from $3,041 to $3,689. This amounts to an average annual price increase of 4.3%. 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 $27,148.00. 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 Monroe Community College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$17,757$35,515
Estimated Cost in 10 years for students enrolling in 2024$22,663$45,327
Estimated Cost in 15 years for students enrolling in 2029 $28,925$57,850
Estimated Cost in 18 years for students enrolling in 2032 $33,484$66,968

Tuition History

What was tuition at Monroe Community College 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$3,339$6,239 0.9%
2009$3,309$6,209 3.1%
2008$3,209$6,009 5.5%
2007$3,041$5,741 4.4%
2006$2,914$5,514 0%
2005$2,914$5,514 5.8%
2004$2,755$5,255 0.1%
2003$2,753$5,253 -1%
2002$2,780$5,280 0%
2001$2,780$5,280 0%
2000$2,780$5,280 2.3%
1999$2,718$5,218 0.1%
1998$2,714$5,214 3.7%
1997$2,618$5,028 7.2%
1996$2,442$4,682 6.4%
1995$2,296$4,396 0.5%
1994$2,284$4,384 3.8%
1993$2,200$4,175 17.5%
1992$1,872$3,622 28.7%
1991$1,454$2,804 0.4%
1990$1,448$2,798 0%

Cost for Popular Majors

Below are the most popular undergraduate areas of study at Monroe Community College ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $13,574. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Liberal Arts and Sciences/Liberal Studies Associate's Degree 1,171 $27,148
2 year estimate
Business Administration and Management, General Associate's Degree 314 $27,148
2 year estimate
Registered Nursing/Registered Nurse Associate's Degree 131 $27,148
2 year estimate
Community Organization and Advocacy Associate's Degree 89 $27,148
2 year estimate
Elementary Education and Teaching Associate's Degree 59 $27,148
2 year estimate
Speech Communication and Rhetoric Associate's Degree 55 $27,148
2 year estimate
Hospitality Administration/Management, General Associate's Degree 53 $27,148
2 year estimate
Legal Professions and Studies, Other Associate's Degree 52 $27,148
2 year estimate
Criminal Justice/Police Science Associate's Degree 48 $27,148
2 year estimate
Graphic Design Associate's Degree 47 $27,148
2 year estimate
Engineering, General Associate's Degree 47 $27,148
2 year estimate
Secondary Education and Teaching Associate's Degree 43 $27,148
2 year estimate
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 35 $27,148
2 year estimate
Radio and Television Broadcasting Technology/Technician Associate's Degree 31 $27,148
2 year estimate
Dental Hygiene/Hygienist Associate's Degree 31 $27,148
2 year estimate
Accounting Technology/Technician and Bookkeeping Associate's Degree 30 $27,148
2 year estimate
Radiologic Technology/Science - Radiographer Associate's Degree 29 $27,148
2 year estimate
Heating, Ventilation, Air Conditioning and Refrigeration Engineering Technology/Technician Associate's Degree 27 $27,148
2 year estimate
Interior Design Associate's Degree 26 $27,148
2 year estimate
Art/Art Studies, General Associate's Degree 26 $27,148
2 year estimate
Fire Services Administration Associate's Degree 24 $27,148
2 year estimate
Business, Management, Marketing, and Related Support Services, Other Associate's Degree 23 $27,148
2 year estimate
Information Technology Associate's Degree 22 $27,148
2 year estimate
Humanities/Humanistic Studies Associate's Degree 20 $27,148
2 year estimate
Health Information/Medical Records Technology/Technician Associate's Degree 20 $27,148
2 year estimate
Business Administration, Management and Operations, Other Associate's Degree 18 $27,148
2 year estimate
Tool and Die Technology/Technician Associate's Degree 15 $27,148
2 year estimate
Massage Therapy/Therapeutic Massage Associate's Degree 15 $27,148
2 year estimate
International Business/Trade/Commerce Associate's Degree 14 $27,148
2 year estimate
Biology Technician/Biotechnology Laboratory Technician Associate's Degree 14 $27,148
2 year estimate
Film/Cinema/Video Studies Associate's Degree 14 $27,148
2 year estimate
Health Professions and Related Clinical Sciences, Other Associate's Degree 14 $27,148
2 year estimate
Mechanical Engineering/Mechanical Technology/Technician Associate's Degree 14 $27,148
2 year estimate
Construction Engineering Technology/Technician Associate's Degree 14 $27,148
2 year estimate
Kindergarten/Preschool Education and Teaching Associate's Degree 13 $27,148
2 year estimate
Computer Engineering Technology/Technician Associate's Degree 13 $27,148
2 year estimate
Physical Education Teaching and Coaching Associate's Degree 12 $27,148
2 year estimate
Executive Assistant/Executive Secretary Associate's Degree 12 $27,148
2 year estimate
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 11 $27,148
2 year estimate
Commercial and Advertising Art Associate's Degree 9 $27,148
2 year estimate
Emergency Medical Technology/Technician (EMT Paramedic) Associate's Degree 9 $27,148
2 year estimate
Corrections Associate's Degree 8 $27,148
2 year estimate
Music Performance, General Associate's Degree 8 $27,148
2 year estimate
Computer Science Associate's Degree 7 $27,148
2 year estimate
Public Relations/Image Management Associate's Degree 6 $27,148
2 year estimate
Computer Systems Analysis/Analyst Associate's Degree 6 $27,148
2 year estimate
Legal Administrative Assistant/Secretary Associate's Degree 5 $27,148
2 year estimate
Mathematics, General Associate's Degree 5 $27,148
2 year estimate
Computer Programming/Programmer, General Associate's Degree 5 $27,148
2 year estimate
Machine Shop Technology/Assistant Associate's Degree 1 $27,148
2 year estimate
Laser and Optical Technology/Technician Associate's Degree 1 $27,148
2 year estimate
Office Management and Supervision Associate's Degree 1 $27,148
2 year estimate

About Monroe Community College

Monroe Community College is a two year community college located in Rochester, New York.  Full time enrollment is 11,390 and part time is 6,310.  Monroe Community 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.

Learn more about Monroe Community College at CollegeSimply.

Calculators

Use the calculators below to formulate a college savings plan for Monroe Community 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 Monroe Community 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 Monroe Community College student loan.

Prepayment Option

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