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Annual Costs

Undergraduate Tuition

Tuition for Concordia College at Moorhead is $39,650 for the 2018/2019 academic year. This is 39% more expensive than the national average private non-profit four year college tuition of $28,471. The cost is 82% more expensive than the average Minnesota tuition of $21,771 for 4 year colleges. Tuition ranks 51st in Minnesota amongst 4 year colleges for affordability and is the 9th most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $228 in addition to tuition bringing the total effective in-state tuition to $39,878.


Housing Costs

On campus room and board is provided by the school at a cost of $8,850 per academic year. Students electing to live off campus elsewhere in Moorhead should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,000.

Other Living Expenses

If living on-campus, students should budget for $2,070 in additional living expenses. Off-campus students should budget for $2,070 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Concordia College at Moorhead was $51,798 for the 2018/2019 academic year. The cost is the same for all students regardless of Minnesota residence status as there is no in-state discount.

Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for Concordia College at Moorhead and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Concordia College at Moorhead
Estimated Budgets
Minnesota Resident Total Budget $51,798
   In-State Tuition$39,650
   Other Fees$228
   Room and Board$8,850
   On-Campus Other Budget$2,070
   Books and Supplies$1,000
Non-Resident Total Budget $51,798
   Out-of-State Tuition$39,650
   Other Fees$228
   Room and Board$8,850
   On-Campus Other Budget$2,070
   Books and Supplies$1,000

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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 $51,798 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 Concordia College at Moorhead net price for in-state students is $24,228* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

100% of Concordia College at Moorhead students received grant aid in 2014/2015. The average total aid amount was $23,456. 23 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 $3,935. To apply for a Pell Grant to attend Concordia College at Moorhead, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Concordia College at Moorhead
Financial Aid Summary
Average Annual Net Price$24,228*
Percent of Students Receiving Grant Aid100%
Average Total Grant Aid$23,456
Percent of Students Receiving Pell Grants23%
Average Amount of Pell Grant Aid$3,935

Average Net Price 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$18,805
$30,001 to $48,000$19,983
$48,001 to $75,000$21,491
$75,001 to $110,000$22,425
$110,000+$27,364

Average Financial Aid Mix - $51,798 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $51,798. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

47%
12%
40%

Grants and Scholarships

 47% - $23,456

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

Federal Loans

 12% - $6,155

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

Out of Pocket

 40% -  $20,117

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for 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 Concordia College at Moorhead 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 78/100 for Concordia College at Moorhead. Considering an average net price paid of $19,948, this leads to an overall value ranking of 69/100. This places the school 109th 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 Private Colleges in the Region

School Cost vs. Concordia College at Moorhead
Luther College5.8% more expensive
Drake University4% more expensive
Cornell College5.6% more expensive
Lawrence University19% more expensive
Beloit College25% 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 Concordia College at Moorhead.

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 Concordia College at Moorhead is $207,192 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 $19,948 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $79,792**

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 $258,990 or $99,740 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for 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 Concordia College at Moorhead.

Minnesota Resident Tuition Per Semester$19,825
Minnesota Resident Total Cost Per Semester$25,899

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 Concordia College at Moorhead 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 Concordia College at Moorhead
Price per credit hour$1,490
Cost for one class (3 credit hours)$4,470
Cost for one class (4 credit hours)$5,960

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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. 71% of Concordia College at Moorhead students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,155.

Example Loan Payments and Costs

How much are student loan payments for Concordia College at Moorhead? 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 $79,792, 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 $99,003.57. This could be your effective total out of pocket cost of an education at Concordia College at Moorhead. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 100% of students at this school who receive financial aid and you are paying an average annual net price of $19,948. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Concordia College at Moorhead 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.

Concordia College at Moorhead Student Loan Payments
Example Payments
Monthly Loan Payment$825.03
Amount Borrowed$79,792.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$19,211.57
Sum of All Payments over 10 years$99,003.57

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Concordia College at Moorhead? 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 Concordia College at Moorhead, 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 $99,003.57 would be needed to afford a $825.03 monthly payment in the example $79,792.00 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 Concordia College at Moorhead in the future? In the past four years, this school's published in-state tuition and fee total rose from $30,650 to $39,650. This amounts to an average annual price increase of 5.9%. 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 4 year cost of $207,192.00. 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 Concordia College at Moorhead.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$71,234$284,937
Estimated Cost in 10 years for students enrolling in 2030$90,915$363,660
Estimated Cost in 15 years for students enrolling in 2035 $116,033$464,133
Estimated Cost in 18 years for students enrolling in 2038 $134,323$537,292

Tuition History

What was tuition at Concordia College at Moorhead 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.

YearTuitionAnnual Increase
2012$29,1508.2%
2011$26,9504.6%
2010$25,7606.8%
2009$24,1207.9%
2008$22,3506.5%
2007$20,9807.5%
2006$19,5208.9%
2005$17,920-15.1%
2004$21,1005.8%
2003$19,94511.3%
2002$17,9200%
2001$17,92017.6%
2000$15,23720.4%
1999$12,6554.2%
1998$12,1455%
1997$11,5707.9%
1996$10,7205%
1995$10,2105.3%
1994$9,7005.4%
1993$9,2006.9%
1992$8,6106%
1991$8,1256.6%
1990$7,6256.6%
1989$7,1555.9%
1988$6,7555.1%
1987$6,430

Calculators

Use the calculators below to formulate a college savings plan for Concordia College at Moorhead 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 Concordia College at Moorhead 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 Concordia College at Moorhead student loan.

Prepayment Option

About Concordia College at Moorhead

Concordia College at Moorhead is a four year private college located in Moorhead, Minnesota.  The school is affiliated with the Evangelical Lutheran Church faith.  Full time enrollment is 2,041 and part time is 88. Learn more about getting accepted at Concordia College at Moorhead at CollegeSimply.

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

Address
Concordia College at Moorhead
901 S 8th St
Moorhead, Minnesota
56562

For Profit / Not For Profit Status

Concordia College at Moorhead is a private not for profit institution.

Concordia College at Moorhead cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=173300 IPEDS survey data.