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Annual Costs

Undergraduate Tuition

Tuition for Thaddeus Stevens College of Technology is $7,800 for the 2017/2018 academic year. This is 121% more expensive than the national average public two year college tuition of $3,532. The cost is 39% cheaper than the average Pennsylvania tuition of $12,735 for 2 year colleges. Tuition ranks 14th in Pennsylvania amongst 2 year colleges for affordability and is the 45th most expensive 2 year college in the state. Price does not vary by residence.

The school charges an additional fees of $30 in addition to tuition bringing the total effective in-state tuition to $7,830.

Housing Costs

On campus room and board is provided by the school at a cost of $9,040 per academic year. Students electing to live off campus elsewhere in Lancaster 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 $400 in additional living expenses. Off-campus students should budget for $400 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Thaddeus Stevens College of Technology was $18,270 for the 2017/2018 academic year. The cost is the same for all students regardless of Pennsylvania residence status as there is no in-state discount.

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

Costs and Tuition for Thaddeus Stevens College of Technology
Estimated Budgets
Pennsylvania Resident Total Budget $18,270
   In-State Tuition$7,800
   Other Fees$30
   Room and Board$9,040
   On-Campus Other Budget$400
   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 $18,270 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 Thaddeus Stevens College of Technology net price for in-state students is $4,710* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

62% of Thaddeus Stevens College of Technology students received grant aid in 2014/2015. The average total aid amount was $10,309. 53 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 $4,314. To apply for a Pell Grant to attend Thaddeus Stevens College of Technology, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Thaddeus Stevens College of Technology
Financial Aid Summary
Average Annual Net Price$4,710*
Percent of Students Receiving Grant Aid62%
Average Total Grant Aid$10,309
Percent of Students Receiving Pell Grants53%
Average Amount of Pell Grant Aid$4,314

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$3,272
$30,001 to $48,000$2,825
$48,001 to $75,000$9,053
$75,001 to $110,000$13,557
$110,000+$14,286

Average Financial Aid Mix - $18,270 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $18,270. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

58%
24%
18%

Grants and Scholarships

 58% - $10,309

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

Federal Loans

 24% - $4,311

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

Out of Pocket

 18% -  $3,250

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 Community Colleges in the Region

School Cost vs. Thaddeus Stevens College of Technology
Reading Area Community College0.8% less expensive
Cecil College21.9% less expensive
Harford Community College33.8% less expensive
Harrisburg Area Community College Harrisburg18.8% less expensive
Montgomery County Community College West Campus20.8% 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 Thaddeus Stevens College of Technology.

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 Thaddeus Stevens College of Technology is $36,540 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 $2,883 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $5,766**

**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

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 Thaddeus Stevens College of Technology.

Pennsylvania Resident Tuition Per Semester$3,900
Pennsylvania Resident Total Cost Per Semester$9,135

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 Thaddeus Stevens College of Technology 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 Thaddeus Stevens College of Technology
Price per credit hour$308
Cost for one class (3 credit hours)$924
Cost for one class (4 credit hours)$1,232

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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. 51% of Thaddeus Stevens College of Technology students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $4,311.

Example Loan Payments and Costs

How much are student loan payments for Thaddeus Stevens College of Technology? 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 $5,766, 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 $7,154.28. This could be your effective total out of pocket cost of an education at Thaddeus Stevens College of Technology. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 62% of students at this school who receive financial aid and you are paying an average annual net price of $2,883. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Thaddeus Stevens College of Technology 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.

Thaddeus Stevens College of Technology Student Loan Payments
Example Payments
Monthly Loan Payment$59.62
Amount Borrowed$5,766.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$1,388.28
Sum of All Payments over 10 years$7,154.28

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Thaddeus Stevens College of Technology? 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 Thaddeus Stevens College of Technology, 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 $7,154.28 would be needed to afford a $59.62 monthly payment in the example $5,766.00 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 Thaddeus Stevens College of Technology in the future? In the past four years, this school's published in-state tuition and fee total rose from $7,000 to $7,800. This amounts to an average annual price increase of 2.3%. 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 $36,540.00. 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 Thaddeus Stevens College of Technology.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$23,901$47,801
Estimated Cost in 10 years for students enrolling in 2029$30,504$61,008
Estimated Cost in 15 years for students enrolling in 2034 $38,932$77,863
Estimated Cost in 18 years for students enrolling in 2037 $45,068$90,136

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Thaddeus Stevens College of Technology 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
Plumbing Technology/Plumber Associate's Degree 23 8% cheaper
Graphic Communications, Other Associate's Degree 22 6% cheaper
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 21 7% cheaper
Carpentry/Carpenter Associate's Degree 19 3% cheaper
Computer and Information Sciences and Support Services, Other Associate's Degree 18 17% cheaper
Cabinetmaking and Millwork Associate's Degree 18 12% costlier
Respiratory Care Therapy/Therapist Associate's Degree 17 6% cheaper
Sheet Metal Technology/Sheetworking Associate's Degree 15 26% costlier
CAD/CADD Drafting and/or Design Technology/Technician Associate's Degree 14 5% cheaper
Executive Assistant/Executive Secretary Associate's Degree 14 5% costlier
Engineering Technologies and Engineering-Related Fields, Other Associate's Degree 14 6% cheaper
Machine Shop Technology/Assistant Associate's Degree 13 1% cheaper
Autobody/Collision and Repair Technology/Technician Associate's Degree 13 1% cheaper
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician Associate's Degree 12 4% costlier
Electrical and Electronic Engineering Technologies/Technicians, Other Associate's Degree 12 13% cheaper
Architectural Technology/Technician Associate's Degree 11 15% cheaper
Mason/Masonry Associate's Degree 9 13% costlier
Automotive Engineering Technology/Technician Associate's Degree 9 4% costlier

Calculators

Use the calculators below to formulate a college savings plan for Thaddeus Stevens College of Technology 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 Thaddeus Stevens College of Technology 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 Thaddeus Stevens College of Technology student loan.

Prepayment Option

About Thaddeus Stevens College of Technology

Thaddeus Stevens College of Technology is a two year community college located in Lancaster, Pennsylvania.  Full time enrollment is 1,047 and part time is 50. Learn more about getting accepted at Thaddeus Stevens College of Technology at CollegeSimply.

Only undergraduate degrees are offered at this school.

Address
Thaddeus Stevens College of Technology
750 E King St
Lancaster, Pennsylvania
17602-3198

For Profit / Not For Profit Status

Thaddeus Stevens College of Technology 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.

Thaddeus Stevens College of Technology cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=216296 IPEDS survey data.