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Annual Costs

Undergraduate Tuition

Tuition for Pacific College of Oriental Medicine New York is $11,384 for the 2017/2018 academic year. This is 21% cheaper than the national average private for-profit four year college tuition of $14,395. The cost is 49% cheaper than the average New York tuition of $22,120 for 4 year colleges. Tuition ranks 75th in New York amongst 4 year colleges for affordability and is the 111st most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $208 in addition to tuition bringing the total effective in-state tuition to $11,592.

Housing Costs

Pacific College of Oriental Medicine New York doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the New York area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $15,120.

Books and Supplies

The estimated annual cost for books and supplies is $568.

Other Living Expenses

Off-campus students should budget for $7,470 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Pacific College of Oriental Medicine-New York was $34,750 for the 2017/2018 academic year. The cost is the same for all students regardless of New York residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $19,630.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Pacific College of Oriental Medicine New York and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Pacific College of Oriental Medicine New York
Estimated Budgets
New York Resident Total Budget (Living Off Campus)$34,750
   In-State Tuition$11,384
   Other Fees$208
   Off-Campus Housing Budget$15,120
   Off-Campus Other Budget$7,470
   Books and Supplies$568
New York Resident Total Budget (Living with Parents)$19,630
   In-State Tuition$11,384
   Other Fees$208
   Family Provided Room and Board$0
   With-Family Other Living Budget$7,470
   Books and Supplies$568
Non-Resident Total Budget (Living Off Campus)$34,750
   Out-of-State Tuition$11,384
   Other Fees$208
   Off-Campus Housing Budget$15,120
   Off-Campus Other Budget$7,470
   Books and Supplies$568

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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 $34,750 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 Pacific College of Oriental Medicine-New York net price for in-state students is $24,698* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

75% of Pacific College of Oriental Medicine New York students received grant aid in 2014/2015. The average total aid amount was $5,908. 75 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 $4,266. To apply for a Pell Grant to attend Pacific College of Oriental Medicine New York, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Pacific College of Oriental Medicine New York
Financial Aid Summary
Average Annual Net Price$24,698*
Percent of Students Receiving Grant Aid75%
Average Total Grant Aid$5,908
Percent of Students Receiving Pell Grants75%
Average Amount of Pell Grant Aid$4,266

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$24,221
$30,001 to $48,000$28,508
$48,001 to $75,000n/a
$75,001 to $110,000n/a
$110,000+n/a

Average Financial Aid Mix - $34,750 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $34,750. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

22%
21%
57%

Grants and Scholarships

 22% - $5,908

Money granted to you by the U.S. Department of Education, Pacific College of Oriental Medicine New York or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 21% - $5,808

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

Out of Pocket

 57% -  $15,564

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.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Pacific College of Oriental Medicine New York
DeVry College of New York39.1% more expensive
Globe Institute of Technology3.8% less expensive
Berkeley College New York107.3% more expensive
LIM College124.7% more expensive
University of Phoenix Jersey City Campus12.5% less 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 Pacific College of Oriental Medicine New York.

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 Pacific College of Oriental Medicine-New York is $139,000 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 $49,670 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $198,680**

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 $173,750 or $248,350 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

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 Pacific College of Oriental Medicine New York 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 Pacific College of Oriental Medicine New York
Price per credit hour$497
Cost for one class (3 credit hours)$1,491
Cost for one class (4 credit hours)$1,988

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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. 42% of Pacific College of Oriental Medicine New York students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,808.

Example Loan Payments and Costs

How much are student loan payments for Pacific College of Oriental Medicine New York? 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 $198,680, 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 $246,516.32. This could be your effective total out of pocket cost of an education at Pacific College of Oriental Medicine New York. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 75% of students at this school who receive financial aid and you are paying an average annual net price of $49,670. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Pacific College of Oriental Medicine New York 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.

Pacific College of Oriental Medicine New York Student Loan Payments
Example Payments
Monthly Loan Payment$2,054.30
Amount Borrowed$198,680.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$47,836.32
Sum of All Payments over 10 years$246,516.32

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Pacific College of Oriental Medicine-New York? 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 Pacific College of Oriental Medicine New York, 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 $246,516.32 would be needed to afford a $2,054.30 monthly payment in the example $198,680.00 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 Pacific College of Oriental Medicine New York 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 4 year cost of $139,000.00. 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 Pacific College of Oriental Medicine New York.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$47,789$191,157
Estimated Cost in 10 years for students enrolling in 2029$60,993$243,971
Estimated Cost in 15 years for students enrolling in 2034 $77,844$311,375
Estimated Cost in 18 years for students enrolling in 2037 $90,114$360,456

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Pacific College of Oriental Medicine New York 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
Massage Therapy/Therapeutic Massage Associate's Degree 30 66% costlier

Calculators

Use the calculators below to formulate a college savings plan for Pacific College of Oriental Medicine New York 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 Pacific College of Oriental Medicine New York 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 Pacific College of Oriental Medicine New York student loan.

Prepayment Option

About Pacific College of Oriental Medicine New York

Pacific College of Oriental Medicine New York is a four year private college located in New York, New York.  Full time enrollment is 367 and part time is 152.  Pacific College of Oriental Medicine New York 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 Pacific College of Oriental Medicine New York at CollegeSimply.

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

Address
Pacific College of Oriental Medicine New York
915 Broadway- 2nd Floor
New York, New York
10010-7108

For Profit / Not For Profit Status

Pacific College of Oriental Medicine New York is a private, for profit school.

Pacific College of Oriental Medicine New York cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=414595 IPEDS survey data.