Annual Costs

Undergraduate Tuition

Fulton Montgomery Community College tuition is $4,450 per year for in-state residents. This is 27% more expensive than the national average public two year tuition of $3,631. The cost is 52% cheaper than the average New York tuition of $9,679 for 2 year colleges. Tuition ranks 11th in New York amongst 2 year colleges for affordability and is the 57th most expensive 2 year college in the state. If attending from out-of-state, the tuition is $8,900 which represents a 100% premium.

The school charges an additional fees of $570 in addition to tuition bringing the total effective in-state tuition to $5,020.

Housing Costs

On campus room and board is provided by the school at a cost of $11,350 per academic year. Students electing to live off campus elsewhere in Johnstown should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $900.

Other Living Expenses

If living on-campus, students should budget for $3,200 in additional living expenses. Off-campus students should budget for $3,200 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state New York residents to go to FM is $20,470 for the 2018/2019 academic year. Out-of-state students who don't have New York residence can expect a one year cost of $24,920.

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

Costs and Tuition for Fulton Montgomery Community College
Estimated Budgets
New York Resident Total Budget $20,470
   In-State Tuition$4,450
   Other Fees$570
   Room and Board$11,350
   On-Campus Other Budget$3,200
   Books and Supplies$900


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 $20,470 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 FM net price for in-state students is $7,944* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

73% of Fulton Montgomery Community College students received grant aid in 2014/2015. The average total aid amount was $5,765. 62 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 $4,463. To apply for a Pell Grant to attend Fulton Montgomery Community College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Fulton Montgomery Community College
Financial Aid Summary
Average Annual Net Price$7,944*
Percent of Students Receiving Grant Aid73%
Average Total Grant Aid$5,765
Percent of Students Receiving Pell Grants62%
Average Amount of Pell Grant Aid$4,463

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$6,388
$30,001 to $48,000$7,764
$48,001 to $75,000$11,280
$75,001 to $110,000$13,378

Average Financial Aid Mix - $20,470 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $20,470. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 33% - $5,765

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

Federal Loans

 31% - $5,353

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

Out of Pocket

 36% -  $6,152

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.

Tuition Comparison to Similar Community Colleges in the Region

School Cost vs. Fulton Montgomery Community College
Schenectady County Community College11.6% less expensive
Herkimer County Community College0.4% more expensive
Hudson Valley Community College1.1% more expensive
Adirondack Community College1.3% less expensive
Mohawk Valley Community College Utica Branch4.5% less expensive

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 Fulton Montgomery 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 FM is $40,940 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 $7,351 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $14,702**

**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 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 Fulton Montgomery Community College.

New York Resident Tuition Per Semester$2,225
New York Resident Total Cost Per Semester$10,235
Non-New York Resident Tuition Per Semester$4,450
Non-New York Resident Total Cost Per Semester$12,460

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 Fulton Montgomery 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 Fulton Montgomery Community College
Price per credit hour for New York residents$186
Cost for one class for New York residents (3 credit hours)$558
Price per credit hour for out of state residents$372
Cost for one class for out of state residents (3 credit hours)$1,116
Cost for one class for out of state residents (4 credit hours)$1,488


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. 47% of Fulton Montgomery Community College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,353.

Example Loan Payments and Costs

How much are student loan payments for Fulton Montgomery Community 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 $14,702, 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 $18,241.81. This could be your effective total out of pocket cost of an education at Fulton Montgomery Community College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 73% of students at this school who receive financial aid and you are paying an average annual net price of $7,351. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Fulton Montgomery 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.

Fulton Montgomery Community College Student Loan Payments
Example Payments
Monthly Loan Payment$152.02
Amount Borrowed$14,702.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$3,539.81
Sum of All Payments over 10 years$18,241.81

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend FM? 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 Fulton Montgomery 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 $18,241.81 would be needed to afford a $152.02 monthly payment in the example $14,702.00 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 Fulton Montgomery Community College in the future? In the past four years, this school's published in-state tuition and fee total rose from $3,444 to $4,450. This amounts to an average annual price increase of 5.8%. 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 $40,940.00. 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 Fulton Montgomery Community College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2025$26,779$53,557
Estimated Cost in 10 years for students enrolling in 2030$34,177$68,354
Estimated Cost in 15 years for students enrolling in 2035 $43,620$87,239
Estimated Cost in 18 years for students enrolling in 2038 $50,495$100,990

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Fulton Montgomery Community College 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
Liberal Arts and Sciences/Liberal Studies Associate's Degree 178 12% costlier
Business Administration and Management, General Associate's Degree 35 15% costlier
Criminal Justice/Law Enforcement Administration Associate's Degree 24 18% costlier
Community Organization and Advocacy Associate's Degree 15 11% costlier
Registered Nursing/Registered Nurse Associate's Degree 14 23% costlier
Child Care and Support Services Management Associate's Degree 14 37% costlier
Medical Radiologic Technology/Science - Radiation Therapist Associate's Degree 13 18% costlier
Medical Office Management/Administration Associate's Degree 9 29% costlier
Accounting Technology/Technician and Bookkeeping Associate's Degree 9 28% costlier
Art/Art Studies, General Associate's Degree 9 28% costlier
Computer and Information Sciences, General Associate's Degree 8 26% costlier
Journalism, Other Associate's Degree 7 56% costlier
Information Science/Studies Associate's Degree 6 12% costlier
Construction Trades, Other Associate's Degree 6 46% costlier
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 6 27% costlier
Engineering, General Associate's Degree 5 32% costlier
Graphic and Printing Equipment Operator, General Production Associate's Degree 4 38% costlier
Commercial and Advertising Art Associate's Degree 4 23% costlier
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 4 36% costlier
Drama and Dramatics/Theatre Arts, General Associate's Degree 3 30% costlier
Administrative Assistant and Secretarial Science, General Associate's Degree 3 33% costlier
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 2 8% costlier
Elementary Education and Teaching Associate's Degree 2 39% costlier
Speech Communication and Rhetoric Associate's Degree 1 19% costlier


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

Prepayment Option

About Fulton Montgomery Community College

Fulton Montgomery Community College is a two year community college located in Johnstown, New York.  Full time enrollment is 1,349 and part time is 1,285.  Fulton Montgomery 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. Learn more about Fulton Montgomery Community College at CollegeSimply.

Only undergraduate degrees are offered at this school.

Fulton Montgomery Community College
2805 State Hwy 67
Johnstown, New York

For Profit / Not For Profit Status

Fulton Montgomery 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.

Fulton Montgomery Community College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=191302 IPEDS survey data.