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Annual Costs

Undergraduate Tuition

Tuition for TCI College is $13,170 for the 2017/2018 academic year. This is 5% cheaper than the national average private for-profit two year college tuition of $13,857. The cost is 35% more expensive than the average New York tuition of $9,759 for 2 year colleges. Tuition ranks 48th in New York amongst 2 year colleges for affordability and is the 20th most expensive 2 year college in the state. Price does not vary by residence.

The school charges an additional fees of $630 in addition to tuition bringing the total effective in-state tuition to $13,800.

Housing Costs

TCI 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 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 $8,249.

Books and Supplies

The estimated annual cost for books and supplies is $1,600.

Other Living Expenses

Off-campus students should budget for $3,311 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to TCI College was $26,960 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 $18,711.

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

TCI is accredited by the New York State Board of Regents and Commissioner of Education as well as Middle States Commission on Higher Education** which accredits NYS Colleges & Universities.

For more information about TCI's graduation rates, the median debt of students who completed the program, and other important information, please visit the TCI website at, http://www.tcicollege.edu/disclosures.

Costs and Tuition for TCI College
Estimated Budgets
New York Resident Total Budget (Living Off Campus)$26,960
   In-State Tuition$13,170
   Other Fees$630
   Off-Campus Housing Budget$8,249
   Off-Campus Other Budget$3,311
   Books and Supplies$1,600
New York Resident Total Budget (Living with Parents)$18,711
   In-State Tuition$13,170
   Other Fees$630
   Family Provided Room and Board$0
   With-Family Other Living Budget$3,311
   Books and Supplies$1,600
Non-Resident Total Budget (Living Off Campus)$26,960
   Out-of-State Tuition$13,170
   Other Fees$630
   Off-Campus Housing Budget$8,249
   Off-Campus Other Budget$3,311
   Books and Supplies$1,600

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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 $26,960 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 TCI College net price for in-state students is $15,289* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

96% of TCI College students received grant aid in 2014/2015. The average total aid amount was $6,490. 85 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 $4,014. To apply for a Pell Grant to attend TCI College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for TCI College
Financial Aid Summary
Average Annual Net Price$15,289*
Percent of Students Receiving Grant Aid96%
Average Total Grant Aid$6,490
Percent of Students Receiving Pell Grants85%
Average Amount of Pell Grant Aid$4,014

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$14,831
$30,001 to $48,000$15,928
$48,001 to $75,000$16,780
$75,001 to $110,000$19,202
$110,000+$19,566

Average Financial Aid Mix - $26,960 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $26,960. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

27%
31%
42%

Grants and Scholarships

 27% - $6,490

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

Federal Loans

 31% - $7,240

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

Out of Pocket

 42% -  $9,919

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. TCI College
Mandl The College of Allied Health6.3% more expensive
Swedish Institute a College of Health Sciences51.9% more expensive
Wood Tobe Coburn School28.5% more expensive
New York Career Institute4.8% more expensive
ASA Institute of Business and Computer Technology9.8% 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 TCI 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 TCI College is $53,920 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 $13,815 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $27,630**

**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 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 TCI 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 TCI College
Price per credit hour$548
Cost for one class (3 credit hours)$1,644
Cost for one class (4 credit hours)$2,192

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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. 80% of TCI College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $7,240.

Example Loan Payments and Costs

How much are student loan payments for TCI 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 $27,630, 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 $34,282.49. This could be your effective total out of pocket cost of an education at TCI College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 96% of students at this school who receive financial aid and you are paying an average annual net price of $13,815. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our TCI 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.

TCI College Student Loan Payments
Example Payments
Monthly Loan Payment$285.69
Amount Borrowed$27,630.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$6,652.49
Sum of All Payments over 10 years$34,282.49

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend TCI College? 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 TCI 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 $34,282.49 would be needed to afford a $285.69 monthly payment in the example $27,630.00 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 TCI College in the future? In the past four years, this school's published in-state tuition and fee total rose from $12,710 to $13,170. This amounts to an average annual price increase of 0.7%. 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 2 year cost of $53,920.00. 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 TCI College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$35,269$70,538
Estimated Cost in 10 years for students enrolling in 2029$45,013$90,026
Estimated Cost in 15 years for students enrolling in 2034 $57,449$114,898
Estimated Cost in 18 years for students enrolling in 2037 $66,505$133,009

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at TCI 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
Health Information/Medical Records Technology/Technician Associate's Degree 185 41% costlier
Heating, Ventilation, Air Conditioning and Refrigeration Engineering Technology/Technician Associate's Degree 143 32% costlier
Human Services, General Associate's Degree 118 22% costlier
Legal Assistant/Paralegal Associate's Degree 96 33% costlier
Business Administration and Management, General Associate's Degree 80 25% costlier
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 65 48% costlier
Accounting Technology/Technician and Bookkeeping Associate's Degree 64 38% costlier
Building/Property Maintenance Associate's Degree 64 49% costlier
Digital Communication and Media/Multimedia Associate's Degree 57 35% costlier
Optometric Technician/Assistant Associate's Degree 41 24% costlier
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 35 37% costlier
Securities Services Administration/Management Associate's Degree 28 29% costlier
Computer Technology/Computer Systems Technology Associate's Degree 16 40% costlier
Computer Software Technology/Technician Associate's Degree 15 15% costlier
Security System Installation, Repair, and Inspection Technology/Technician Associate's Degree 11 35% costlier
Railroad and Railway Transportation Associate's Degree 11 31% costlier
Banking and Financial Support Services Associate's Degree 10 38% costlier
Marketing/Marketing Management, General Associate's Degree 9 39% costlier
Administrative Assistant and Secretarial Science, General Associate's Degree 6 44% costlier

Calculators

Use the calculators below to formulate a college savings plan for TCI 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 TCI 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 TCI College student loan.

Prepayment Option

About TCI College

TCI College is a two year private college located in New York, New York.  Full time enrollment is 1,156 and part time is 244.  TCI 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.

Address
TCI College
320 W 31st St
New York, New York
10001

For Profit / Not For Profit Status

TCI College is a private, for profit school.

TCI College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=196477 IPEDS survey data.