Cost to Attend Gulf Coast State College

Gulf Coast State College
Panama City, Florida

Annual Costs

Undergraduate Tuition

Gulf Coast State College tuition is $1,750 per year for in-state residents. This is 77% cheaper than the national average public four year tuition of $7,601. The cost is 89% cheaper than the average Florida tuition of $15,644 for 4 year colleges. Tuition ranks 1st in Florida amongst 4 year colleges for affordability and is the 102nd most expensive 4 year college in the state. If attending from out-of-state, the tuition is $7,065 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 $9,378.

Books and Supplies

The estimated annual cost for books and supplies is $1,056.

Other Living Expenses

Off-campus students should budget for $4,008 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Florida residents to go to GCSC is $16,812 for the 2021/2022 academic year. Out-of-state students who don't have Florida residence can expect a one year cost of $22,127. Students residing at home with parents providing food and housing should budget a total cost of $7,434.

Citation: Price data from the U.S. Department of Education's 2022 IPEDS survey response for Gulf Coast State College and represent reported costs for the 2021-2022 academic year.

Costs and Tuition for Gulf Coast State College
Estimated Budgets
Florida Resident Total Budget (Living Off Campus)$16,812
   In-State Tuition$1,750
   Other Fees$620
   Off-Campus Housing Budget$9,378
   Off-Campus Other Budget$4,008
   Books and Supplies$1,056
Florida Resident Total Budget (Living with Parents)$7,434
   In-State Tuition$1,750
   Other Fees$620
   Family Provided Room and Board$0
   With-Family Other Living Budget$4,008
   Books and Supplies$1,056
Non-Resident Total Budget (Living Off Campus)$22,127
   Out-of-State Tuition$7,065
   Other Fees$620
   Off-Campus Housing Budget$9,378
   Off-Campus Other Budget$4,008
   Books and Supplies$1,056
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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 $16,812 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 $5,851* for the 2019/2020 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

81% of Gulf Coast State College students received grant aid in 2019/2020. The average total aid amount was $4,979. 51 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $4,784. 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$5,851*
Percent of Students Receiving Grant Aid81%
Average Total Grant Aid$4,979
Percent of Students Receiving Pell Grants51%
Average Amount of Pell Grant Aid$4,784

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 2019/2020 academic year.

Family Income Avg. Net Price
$0 to $30,000$3,889
$30,001 to $48,000$4,990
$48,001 to $75,000$7,269
$75,001 to $110,000$8,749

Average Financial Aid Mix - $16,812 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $16,812. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

Grants and Scholarships
39% - $4,979

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
34% - $4,406

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

Out of Pocket
27% -  $3,419

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 2019/2020 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 Public Colleges in the Region

School Cost vs. Gulf Coast State College
Macon State College30.1% more expensive
Southern Polytechnic State University152.4% more expensive
Kennesaw State University133% more expensive
Gainesville State College30.1% more expensive
Augusta State University157.8% 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 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 $67,248 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 $84,060 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 2019/2020 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$8,406
Non-Florida Resident Tuition Per Semester$3,532
Non-Florida Resident Total Cost Per Semester$11,064

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

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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. 7% of Gulf Coast State College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $4,406.

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 $26,873.95. 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 81% 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$223.95
Amount Borrowed$21,124.00
Interest Rate4.99%
Term10 years
Number of Monthly Payments120
Total Interest Cost$5,749.95
Sum of All Payments over 10 years$26,873.95

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 $26,873.95 would be needed to afford a $223.95 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 $67,248.00. 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 2028$23,120$92,482
Estimated Cost in 10 years for students enrolling in 2033$29,508$118,033
Estimated Cost in 15 years for students enrolling in 2038 $37,661$150,643
Estimated Cost in 18 years for students enrolling in 2041 $43,597$174,388

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%


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

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Plan and Save for College

Discover how much will you need to start saving now to afford Gulf Coast State College in the future.

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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.

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About Gulf Coast State College

Gulf Coast State College is a four year public college located in Panama City, Florida.  Full time enrollment is 1,610 and part time is 2,767.  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. Learn more about Gulf Coast State College at CollegeSimply.

Only undergraduate degrees are offered at this school.

Gulf Coast State College
5230 West U.S. Highway 98
Panama City, Florida

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 IPEDS survey data. Data last updated February 2023 and reflects academic year 2021/2022 costs reported by the school.