Cost to Attend Texas A & M University Commerce

T
Texas A & M University Commerce
Commerce, Texas

Annual Costs

Undergraduate Tuition

Texas A & M University Commerce tuition is $4,790 per year for in-state residents. This is 35% cheaper than the national average public four year tuition of $7,357. The cost is 71% cheaper than the average Texas tuition of $16,319 for 4 year colleges. Tuition ranks 11th in Texas amongst 4 year colleges for affordability and is the 82nd most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,460 which represents a 265% premium.

The school charges an additional fees of $4,168 in addition to tuition bringing the total effective in-state tuition to $8,958.

Housing Costs

On campus room and board is provided by the school at a cost of $9,503 per academic year. Students electing to live off campus elsewhere in Commerce should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,317.

Other Living Expenses

If living on-campus, students should budget for $3,413 in additional living expenses. Off-campus students should budget for $3,938 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Texas residents to go to A&M Commerce is $23,191 for the 2019/2020 academic year. Out-of-state students who don't have Texas residence can expect a one year cost of $35,861.

Citation: Price data from the U.S. Department of Education's 2020 IPEDS survey response for Texas A & M University Commerce and represent reported costs for the 2019-2020 academic year.

Costs and Tuition for Texas A & M University Commerce
Estimated Budgets
Texas Resident Total Budget $23,191
   In-State Tuition$4,790
   Other Fees$4,168
   Room and Board$9,503
   On-Campus Other Budget$3,413
   Books and Supplies$1,317
Non-Resident Total Budget $35,861
   Out-of-State Tuition$17,460
   Other Fees$4,168
   Room and Board$9,503
   On-Campus Other Budget$3,413
   Books and Supplies$1,317
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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 $23,191 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 A&M Commerce net price for in-state students is $12,477* for the 2018/2019 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

88% of Texas A & M University Commerce students received grant aid in 2018/2019. The average total aid amount was $9,357. 57 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2018/2019 was $6,612. To apply for a Pell Grant to attend Texas A & M University Commerce, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Texas A & M University Commerce
Financial Aid Summary
Average Annual Net Price$12,477*
Percent of Students Receiving Grant Aid88%
Average Total Grant Aid$9,357
Percent of Students Receiving Pell Grants57%
Average Amount of Pell Grant Aid$6,612

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 2018/2019 academic year.

Family Income Avg. Net Price
$0 to $30,000$10,013
$30,001 to $48,000$10,580
$48,001 to $75,000$14,033
$75,001 to $110,000$19,060
$110,000+$20,088

Average Financial Aid Mix - $23,191 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $23,191. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

47%
29%
24%
Grants and Scholarships
47% - $9,357

Money granted to you by the U.S. Department of Education, Texas A & M University Commerce or other organizations. These are not loans and do not need to be repaid.

Federal Loans
29% - $5,714

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

Out of Pocket
24% -  $4,707

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 2018/2019 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 Public Colleges in the Region

School Cost vs. Texas A & M University Commerce
Texas Woman's University13.4% more expensive
East Central University17.9% more expensive
Stephen F Austin State University27.3% more expensive
Tarleton State University5.5% less expensive
Southern Arkansas University Main Campus34% 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 Texas A & M University Commerce.

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 A&M Commerce is $92,764 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 $9,047 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $36,188**

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 $115,955 or $45,235 using an average net price.

**Based on a 4 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 2018/2019 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 Texas A & M University Commerce.

Texas Resident Tuition Per Semester$2,395
Texas Resident Total Cost Per Semester$11,596
Non-Texas Resident Tuition Per Semester$8,730
Non-Texas Resident Total Cost Per Semester$17,930

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 Texas A & M University Commerce 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 Texas A & M University Commerce
Price per credit hour for Texas residents$160
Cost for one class for Texas residents (3 credit hours)$480
Price per credit hour for out of state residents$582
Cost for one class for out of state residents (3 credit hours)$1,746
Cost for one class for out of state residents (4 credit hours)$2,328

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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. 63% of Texas A & M University Commerce students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,714.

Example Loan Payments and Costs

How much are student loan payments for Texas A & M University Commerce? 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 $36,188, 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 $41,432.81. This could be your effective total out of pocket cost of an education at Texas A & M University Commerce. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 88% of students at this school who receive financial aid and you are paying an average annual net price of $9,047. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Texas A & M University Commerce 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.

Texas A & M University Commerce Student Loan Payments
Example Payments
Monthly Loan Payment$345.27
Amount Borrowed$36,188.00
Interest Rate2.75%
Term10 years
Number of Monthly Payments120
Total Interest Cost$5,244.81
Sum of All Payments over 10 years$41,432.81

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend A&M Commerce? 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 Texas A & M University Commerce, 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 $41,432.81 would be needed to afford a $345.27 monthly payment in the example $36,188.00 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 Texas A & M University Commerce in the future? In the past four years, this school's published in-state tuition and fee total rose from $3,832 to $4,790. This amounts to an average annual price increase of 5%. 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 in-state 4 year cost of $92,764.00. 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 Texas A & M University Commerce.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2026$31,893$127,572
Estimated Cost in 10 years for students enrolling in 2031$40,704$162,818
Estimated Cost in 15 years for students enrolling in 2036 $51,950$207,802
Estimated Cost in 18 years for students enrolling in 2039 $60,139$240,556

Calculators

Use the calculators below to formulate a college savings plan for Texas A & M University Commerce 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 Texas A & M University Commerce 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 Texas A & M University Commerce student loan.

Prepayment Option

About Texas A & M University Commerce

Texas A & M University Commerce is a four year public college located in Commerce, Texas.  Full time enrollment is 7,179 and part time is 5,232. Learn more about getting accepted at Texas A & M University Commerce at CollegeSimply.

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

Address
Texas A & M University Commerce
2600 South Neal
Commerce, Texas
75429-3011

For Profit / Not For Profit Status

Texas A & M University Commerce 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.

Texas A & M University Commerce cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=224554 IPEDS survey data. Data last updated January 2021 and reflects academic year 2019/2020 costs reported by the school.