Search Colleges


  1. Sponsored Schools
College Factual Homepage
  • Loading progress spinner
  • Sign In
  • Sign Up
  • Decision Dashboard
  • Match Profile
  • Colleges
  • Majors
  • Rankings
  • Loading progress spinner
  • Sign In
  • Sign Up
  • Decision Dashboard
  • Match Profile
  • Sign Out
  • Colleges
  • Majors
  • Rankings
  • Allegany College of Maryland/
  • Paying
Allegany College of Maryland
Cumberland, Maryland
  • Overview
  • Rankings
  • Applying
  • Academics
  • Student Life
  • Paying
  • Outcomes
  • Tuition And Fees
  • Room And Board
  • Financial Aid
  • Net Price
  • G.I. Bill®
  • Value
  • Paying
  • Tuition And Fees
  • Room And Board
  • Financial Aid
  • Net Price
  • G.I. Bill®
  • Value
  • Overview
  • Rankings
  • Applying
  • Academics
  • Student Life
  • Outcomes

Can You Afford Allegany College of Maryland?

Concerned about paying for college? Take a look at Allegany College of Maryland's financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2019 - 2020 Varied Between $18,837 & $26,144

Worried about paying the full cost of $26,144 to attend Allegany College of Maryland? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Maryland, the college offers a discount of 19.2% off tuition and fees. Also, 88.9% of freshmen receive some form of financial aid, with the average amount totaling $5,524. Students from low-income families receive an average of $5,387 in aid during their first year.

  • Maryland Residents
  • Out-Of-State Residents

Cost for Residents of Maryland (no aid)

Tuition and fees$8,060
+ Room and board$10,800
+ Other expenses$5,364
Total cost$24,224
Affordability Score (55 out of 100)
more expensive
less expensive

Net Price for Residents of Maryland (with average aid)

Total cost$24,224
- Grants and scholarships$5,524
Net price$18,700
Affordability Score (47 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Maryland

Total cost$24,224
- Grants and scholarships$5,387
Net price$18,837
Affordability Score (33 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$9,980
+ Room and board$10,800
+ Other expenses$5,364
Total cost$26,144
Affordability Score (65 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$26,144
- Grants and scholarships$5,524
Net price$20,620
Affordability Score (60 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$26,144
- Grants and scholarships$5,387
Net price$20,757
Affordability Score (45 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Allegany College of Maryland.

Projected Costs Between $75,348 and $181,142 For a Four Year Degree. Between $37,674 and $84,782 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Allegany College of Maryland in 2019 - 2020 was $24,224. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.7% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $26,539 during their first year. By their senior year, that cost will be approximately $30,434, for a bachelor degree candidate ($27,779 for an associate degree candidate) for a total of $113,828 over the course of four years ($54,318 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $131,171 based on a yearly growth rate of 6.6%. The expected two-year cost is $61,393.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Allegany College of Maryland
  • Maryland Residents
  • Out-Of-State Residents

Cost With Interest for Residents of Maryland

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.8%4.7%
Freshman year$18,837$20,133$26,539
Senior year$18,837$20,890$27,779
Total 2-year net price$37,674$41,022$54,318
10-year loan interest @ 6.8%$14,352$15,628$20,693
Total monthly payment$434$472$625
Total amount paid$52,026$56,650$75,011
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.8%4.7%
Freshman year$18,837$20,133$26,539
Senior year$18,837$22,490$30,434
Total 4-year net price$75,348$85,188$113,828
10-year loan interest @ 6.8%$28,705$32,453$43,364
Total monthly payment$867$980$1,310
Total amount paid$104,053$117,641$157,192

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*6.3%6.6%
Freshman year$20,757$23,287$29,714
Senior year$20,757$24,747$31,679
Total 2-year net price$41,514$48,034$61,393
10-year loan interest @ 6.8%$15,815$18,299$23,388
Total monthly payment$478$553$707
Total amount paid$57,329$66,333$84,782
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*6.3%6.6%
Freshman year$20,757$23,287$29,714
Senior year$20,757$27,947$36,005
Total 4-year net price$83,028$102,280$131,171
10-year loan interest @ 6.8%$31,631$38,965$49,971
Total monthly payment$955$1,177$1,510
Total amount paid$114,659$141,244$181,142

Visit net price and financial aid to learn more about the total cost of attending Allegany College of Maryland.

Further Questions to Consider

  • Do you know your deadlines?

    Meeting application deadlines for both the college and the FAFSA is crucial to getting financial aid.

  • When can you expect to begin receiving bills from the college?
  • Is there an option to make payments in monthly installments?
Request Info

Continue Your Research on Allegany College of Maryland

‹ Back to Veterans
Continue to Tuition And Fees ›

Featured Schools

Southern New Hampshire University Logo Request Info Southern New Hampshire University

You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn more >

Search Colleges


  1. Sponsored Schools

Additional College Factual Financial Resources

Company

  • About Us
  • Our Team
  • Data
  • Press Room
  • Contact Us

Get Started

  • Students
  • Parents
  • Advisors
  • Educators
  • Veterans

Tools

  • Majors Matcher
  • College Matcher
  • College Combat ®
  • Cost Cutter
  • GI Bill® Maximizer

Resources

  • College Rankings
  • College Profiles
  • Major Profiles
  • Inside CF Blog
  • Feedback & Support

Follow

  • Twitter
  • Pinterest
  • Facebook
  • LinkedIn
  • Google+
Privacy Policy | Terms of Use
© All Rights Reserved. College Factual ® is a registered trademark of Media Factual