Quantcast

Annual Costs

Undergraduate Tuition

Tuition for Clover Park Technical College is $5,040 for the 2017/2018 academic year. This is 43% more expensive than the national average public two year college tuition of $3,532. The cost is 26% more expensive than the average Washington tuition of $4,011 for 2 year colleges. Tuition ranks 27th in Washington amongst 2 year colleges for affordability and is the 2nd most expensive 2 year college in the state. Price does not vary by residence.

The school charges an additional fees of $700 in addition to tuition bringing the total effective in-state tuition to $5,740.

Housing Costs

Clover Park Technical 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 Lakewood area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $9,690.

Books and Supplies

The estimated annual cost for books and supplies is $840.

Other Living Expenses

Off-campus students should budget for $3,210 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to CPTC was $19,480 for the 2017/2018 academic year. The cost is the same for all students regardless of Washington 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 $9,970.

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

Costs and Tuition for Clover Park Technical College
Estimated Budgets
Washington Resident Total Budget (Living Off Campus)$19,480
   In-State Tuition$5,040
   Other Fees$700
   Off-Campus Housing Budget$9,690
   Off-Campus Other Budget$3,210
   Books and Supplies$840
Washington Resident Total Budget (Living with Parents)$9,970
   In-State Tuition$5,040
   Other Fees$700
   Family Provided Room and Board$0
   With-Family Other Living Budget$3,390
   Books and Supplies$840

Advertisement

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 $19,480 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 CPTC net price for in-state students is $4,807* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

71% of Clover Park Technical College students received grant aid in 2014/2015. The average total aid amount was $6,931. 67 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 $4,284. To apply for a Pell Grant to attend Clover Park Technical College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Clover Park Technical College
Financial Aid Summary
Average Annual Net Price$4,807*
Percent of Students Receiving Grant Aid71%
Average Total Grant Aid$6,931
Percent of Students Receiving Pell Grants67%
Average Amount of Pell Grant Aid$4,284

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$4,501
$30,001 to $48,000$6,391
$48,001 to $75,000$8,689
$75,001 to $110,000$10,846
$110,000+$11,948

Average Financial Aid Mix - $19,480 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $19,480. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

43%
41%
17%

Grants and Scholarships

 43% - $6,931

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

Federal Loans

 41% - $6,592

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

Out of Pocket

 17% -  $2,747

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. Clover Park Technical College
Pierce College at Fort Steilacoom31.2% less expensive
Bates Technical College26% less expensive
Tacoma Community College21.9% less expensive
Pierce College at Puyallup31.2% less expensive
Green River Community College31.2% 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 Clover Park Technical 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 CPTC is $38,960 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 $4,869 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $9,738**

**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 Clover Park Technical 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 Clover Park Technical College
Price per credit hour$105
Cost for one class (3 credit hours)$315
Cost for one class (4 credit hours)$420

Advertisements

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. 40% of Clover Park Technical College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,592.

Example Loan Payments and Costs

How much are student loan payments for Clover Park Technical 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 $9,738, 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 $12,082.62. This could be your effective total out of pocket cost of an education at Clover Park Technical College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 71% of students at this school who receive financial aid and you are paying an average annual net price of $4,869. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Clover Park Technical 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.

Clover Park Technical College Student Loan Payments
Example Payments
Monthly Loan Payment$100.69
Amount Borrowed$9,738.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$2,344.62
Sum of All Payments over 10 years$12,082.62

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend CPTC? 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 Clover Park Technical 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 $12,082.62 would be needed to afford a $100.69 monthly payment in the example $9,738.00 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 Clover Park Technical College in the future? In the past four years, this school's published in-state tuition and fee total rose from $4,012 to $5,040. This amounts to an average annual price increase of 5.1%. 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 $38,960.00. 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 Clover Park Technical College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$25,484$50,967
Estimated Cost in 10 years for students enrolling in 2029$32,524$65,048
Estimated Cost in 15 years for students enrolling in 2034 $41,510$83,020
Estimated Cost in 18 years for students enrolling in 2037 $48,053$96,106

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Clover Park Technical 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
Computer and Information Systems Security/Information Assurance Associate's Degree 44 5% costlier
Dental Assisting/Assistant Associate's Degree 41 2% cheaper
Heating, Air Conditioning, Ventilation and Refrigeration Maintenance Technology/Technician Associate's Degree 28 11% costlier
Registered Nursing/Registered Nurse Associate's Degree 24 3% cheaper
Environmental Engineering Technology/Environmental Technology Associate's Degree 21 15% costlier
Prepress/Desktop Publishing and Digital Imaging Design Associate's Degree 18 4% costlier
Surgical Technology/Technologist Associate's Degree 18 0% cheaper
Pharmacy Technician/Assistant Associate's Degree 17 2% cheaper
Interior Design Associate's Degree 17 7% cheaper
Architectural Engineering Technology/Technician Associate's Degree 15 6% cheaper
Web Page, Digital/Multimedia and Information Resources Design Associate's Degree 14 3% cheaper
Histologic Technician Associate's Degree 13 2% cheaper
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 12 7% costlier
Mental and Social Health Services and Allied Professions, Other Associate's Degree 12 7% costlier
Aesthetician/Esthetician and Skin Care Specialist Associate's Degree 11 13% costlier
Accounting Technology/Technician and Bookkeeping Associate's Degree 11 0% cheaper
Fire Systems Technology Associate's Degree 11 20% costlier
Culinary Arts/Chef Training Associate's Degree 11 5% cheaper
Clinical/Medical Laboratory Assistant Associate's Degree 10 2% costlier
Machine Tool Technology/Machinist Associate's Degree 7 9% costlier
Early Childhood Education and Teaching Associate's Degree 7 2% costlier
Massage Therapy/Therapeutic Massage Associate's Degree 7 7% cheaper
Vehicle Maintenance and Repair Technologies, Other Associate's Degree 6 12% costlier
Marketing/Marketing Management, General Associate's Degree 5 0% costlier
Crisis/Emergency/Disaster Management Associate's Degree 5 2% costlier
Office Management and Supervision Associate's Degree 4 5% costlier
Computer Programming/Programmer, General Associate's Degree 4 5% costlier
Teacher Assistant/Aide Associate's Degree 3 4% costlier
Radio and Television Broadcasting Technology/Technician Associate's Degree 3 0% cheaper
Mechanical Engineering/Mechanical Technology/Technician Associate's Degree 3 12% cheaper
Airline/Commercial/Professional Pilot and Flight Crew Associate's Degree 3 5% cheaper
Landscaping and Groundskeeping Associate's Degree 2 0% costlier
Construction Trades, Other Associate's Degree 2 14% costlier
Substance Abuse/Addiction Counseling Associate's Degree 2 3% costlier
Legal Administrative Assistant/Secretary Associate's Degree 1 3% costlier

Calculators

Use the calculators below to formulate a college savings plan for Clover Park Technical 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 Clover Park Technical 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 Clover Park Technical College student loan.

Prepayment Option

About Clover Park Technical College

Clover Park Technical College is a two year community college located in Lakewood, Washington.  Full time enrollment is 2,222 and part time is 1,756.  Clover Park Technical 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 Clover Park Technical College at CollegeSimply.

Only undergraduate degrees are offered at this school.

Address
Clover Park Technical College
4500 Steilacoom Blvd SW
Lakewood, Washington
98499-4004

For Profit / Not For Profit Status

Clover Park Technical 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.

Clover Park Technical College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=234951 IPEDS survey data.