Miller Motte College

Jacksonville, North Carolina


Costs to Attend Miller Motte College

Are you interested in applying to Miller Motte College yet wondering how much it costs or if you can afford to attend? Use our comprehensive price data and loan calculation tools to assist in determining if this school makes financial sense for you and your intended major of study.

Annual Cost

  • Total One Academic Year Cost
  • All Residents: $20,405
  • Cost Itemization
  • Tution for all Residents: $9,180
  • Room and Board or estimated off campus living expense: $8,375
  • Books and Supplies: $1,950
  • Other Fees: $900

The cost per year to attend Miller Motte College is $20,405 for the 2012/2013 academic year. How much may your student loan payments be and can you afford to attend?

All price data are reprinted from the U.S. Department of Education's 2012-2013 and 2011-2012 IPEDS Survey and represent reported costs for the 2012-2013 and 2011-2012 academic years. Please consult the school directly for the most up to date price information.

Estimated 2 Year Cost at Current Tuition

At current published tuition rates, the estimated total tuition and living expense cost of a 2 year associate degree at Miller Motte College is $40,810 for students graduating in normal time. Our methodology for estimating the 2 year cost is a multiple of the most recent reported annual cost and does not factor in tuition increases.

  • 2 Year Total Cost (tuition and living expenses): $40,810

Average Net Price and Financial Aid

  • Average Annual Net Price: $20,121*
  • Estimated Average 2 Year Degree Cost: $40,242**
  • Percent of Students Receiving Grant Aid: 77%
  • Average Annual Total Grant Aid Amount: $4,817
  • Percent of Students Receiving Pell Grants: 77%
  • Average Amount of Pell Grant Aid: $4,841
  • Percent of Students Receiving Federal Student Loans: 82%
  • Average Amount of Federal Student Loan Aid: $11,881

*Reported Average Annual Net Price for 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.

**Based on a 2 year multiple of Average Annual Net Price for 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.

For Profit / Not For Profit Status

Miller Motte College is a for profit school.

Example Student Loan Payments and Costs

How much are estimated student loan payments for Miller Motte College? Below are the costs for an example student loan if you borrowed $40,242, our estimated average net price for a two year degree. Note that this calculation assumes you are part of the reported 77% of students at this school who receive financial aid and you are paying an average annual net price of $20,121. If you do not financially qualify for a reduced net price, your student loan payments may be significantly higher than this example. Use our Miller Motte 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.

  • Monthly Payment: $404.76
  • Amount Borrowed: $40,242.00
  • Interest Rate: 3.9%
  • Term: 10 years
  • Number of Monthly Payments: 120
  • Total Interest Cost: $8,329.02
  • Total of All Payments of 10 years: $48,571.02

Loan Affordability & Salary

Can I afford to attend Miller Motte College? To keep student loan payments affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. When planning how to afford Miller Motte College, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using these parameters, a salary of $48,571.02 is recommended to afford a $404.76 monthly payment in the example loan modeled above. 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 Miller Motte 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 can expect to pay for a 2 year degree at this school assuming tuition increases along at the national average rate. Estimated future prices are based on the current 2 year cost of $40,810.00. Use our college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Miller Motte College.

  • Estimated Cost in 5 years for students enrolling in 2019 - Annual: $26,694, 2 Year Degree: $53,387
  • Estimated Cost in 10 years for students enrolling in 2024 - Annual: $34,069, 2 Year Degree: $68,137
  • Estimated Cost in 15 years for students enrolling in 2029 - Annual: $43,481, 2 Year Degree: $86,962
  • Estimated Cost in 18 years for students enrolling in 2032 - Annual: $50,335, 2 Year Degree: $100,669

Cost Per Credit Hour and Cost Per 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 Miller Motte College are as follows.

  • Price per credit hour: $255
  • Cost for one class (3 credit hours): $765
  • Cost for one class (4 credit hours): $1,020

About Miller Motte College

Miller Motte College is a two year private college located in Jacksonville, North Carolina.  Full time enrollment is 530 and part time is 140.  Miller Motte 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 Miller Motte College at CollegeSimply.

Calculators

Use the calculators below to formulate a college savings plan for Miller Motte College or model a student loan.

Plan and Save for College

How much will you need to start saving now to afford Miller Motte College in the future?

Student Loan Calculator

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Miller Motte College student loan.

Prepayment Option

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