by our College Data Analytics TeamBelow is the data on what it actually costs to attend College of the Albemarle, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
If you want to dig into a particular figure, jump to any section below:
Cost of attendance at College of the Albemarle varied between $13,202.00 to $18,612.00 depending on residency and living arrangement.
Residency made the difference: in-state students paid the lower rate and out-of-state students the higher rate: roughly $13,202.00 in-state versus $18,612.00 for out-of-state students.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $2,242.00 |
| + Room, board & other expenses | $10,960.00 |
| Total cost | $13,202.00 |
| That is 31% below the national average net price. |
| Total cost | $13,202.00 |
| − Grants and scholarships | −$11,368.00 |
| Net price | $1,834.00 |
| That is 90% below the national average net price. |
| Total cost | $13,202.00 |
| − Grants and scholarships | −$13,223.00 |
| Net price | $-21.00 |
| That is 100% below the national average net price. |
| Tuition and fees | $7,652.00 |
| + Room, board & other expenses | $10,960.00 |
| Total cost | $18,612.00 |
| That is 3% below the national average net price. |
| Total cost | $18,612.00 |
| − Grants and scholarships | −$11,368.00 |
| Net price | $7,244.00 |
| That is 62% below the national average net price. |
| Total cost | $18,612.00 |
| − Grants and scholarships | −$13,223.00 |
| Net price | $5,389.00 |
| That is 72% below the national average net price. | |
| For the full breakdown, see the tuition & fees page plus room and board. |
Published costs have climbed year over year at about 1.7% per year, so the four-year total runs well above today’s cost. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.7% | 1.7% | 1.7% |
| Freshman year | $-21.00 | $1,866.00 | $13,431.00 |
| Senior year | $-22.00 | $1,965.00 | $14,143.00 |
| Total 4-year net price | $-88.00 | $7,660.00 | $55,141.00 |
| 10-year loan interest @ 6.8% | $-33.00 | $2,918.00 | $21,007.00 |
| Total monthly payment | $-1.00 | $88.00 | $635.00 |
| Total amount paid | $-121.00 | $10,578.00 | $76,148.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.7% | 1.7% | 1.7% |
| Freshman year | $-21.00 | $1,866.00 | $13,431.00 |
| Senior year | $-22.00 | $1,898.00 | $13,665.00 |
| Total 2-year net price | $-43.00 | $3,764.00 | $27,096.00 |
| 10-year loan interest @ 6.8% | $-16.00 | $1,434.00 | $10,323.00 |
| Total monthly payment | $0.00 | $43.00 | $312.00 |
| Total amount paid | $-60.00 | $5,198.00 | $37,418.00 |
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.7% | 1.7% | 1.7% |
| Freshman year | $5,483.00 | $7,370.00 | $18,935.00 |
| Senior year | $5,773.00 | $7,760.00 | $19,939.00 |
| Total 4-year net price | $22,508.00 | $30,256.00 | $77,737.00 |
| 10-year loan interest @ 6.8% | $8,575.00 | $11,526.00 | $29,615.00 |
| Total monthly payment | $259.00 | $348.00 | $895.00 |
| Total amount paid | $31,083.00 | $41,783.00 | $107,352.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.7% | 1.7% | 1.7% |
| Freshman year | $5,483.00 | $7,370.00 | $18,935.00 |
| Senior year | $5,578.00 | $7,498.00 | $19,264.00 |
| Total 2-year net price | $11,060.00 | $14,868.00 | $38,199.00 |
| 10-year loan interest @ 6.8% | $4,214.00 | $5,664.00 | $14,553.00 |
| Total monthly payment | $127.00 | $171.00 | $440.00 |
| Total amount paid | $15,274.00 | $20,532.00 | $52,752.00 |
Jump to the net-price detail in the net-price section.
The net price figure shows the cost after grants and scholarships are deducted. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $2,253.00 |
| Average net price (off-campus) | $4,751.00 |
What families actually pay shifts with income, since need-based grants are larger for lower-income students. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $3,667.00 |
| $30,000 to $48,000 | $5,702.00 |
| $48,001 to $75,000 | $6,876.00 |
| $75,001 to $110,000 | $7,548.00 |
Use College of the Albemarle Net Price Calculator, or get in touch with the financial aid office.
Want to know how that aid is awarded? See the grants & scholarships detail.
The federal default-rate tier for College of the Albemarle is Low (<5%).
To give some context for these rates, Stafford loans disbursed at College of the Albemarle reach $1,188,572.00 covering 216 borrowers.
Veterans and active-duty service members may qualify for substantial federal education benefits including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 67 |
| Avg GI Bill amount | $1,381.00 |
| DoD Tuition Assistance recipients | 6 |
| Avg DoD Tuition Assistance | $1,001.00 |
For the full rundown of veteran and military benefits, see the veteran aid breakdown.
Numbers only tell part of the story. As you weigh College of the Albemarle, the questions below are worth your time:
Use the pages below to go deeper on a specific part of the cost story:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.