College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford College of the Marshall Islands?

Concerned about paying for college? Take a look at College of the Marshall Islands’ 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 2020 - 2021 Varied Between $2,350 & $7,960

Worried about paying the full cost of $7,960 to attend College of the Marshall Islands? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Marshall Islands, the college offers a discount of 4.3% off tuition and fees. Also, 94.9% of freshmen receive some form of financial aid, with the average amount totaling $5,391. Students from low-income families receive an average of $5,390 in aid during their first year.

Cost for Residents of Marshall Islands (no aid)

Tuition and fees$4,900
+ Room and board$820
+ Other expenses$2,020
Total cost$7,740
Affordability Score (100 out of 100)
more expensive
less expensive

Net Price for Residents of Marshall Islands (with average aid)

Total cost$7,740
- Grants and scholarships$5,391
Net price$2,349
Affordability Score (100 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Marshall Islands

Total cost$7,740
- Grants and scholarships$5,390
Net price$2,350
Affordability Score (99 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$5,120
+ Room and board$820
+ Other expenses$2,020
Total cost$7,960
Affordability Score (100 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$7,960
- Grants and scholarships$5,391
Net price$2,569
Affordability Score (100 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$7,960
- Grants and scholarships$5,390
Net price$2,570
Affordability Score (100 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at College of the Marshall Islands.

Projected Costs Between $3,896 and $32,152 For a Four Year Degree. Between $2,450 and $17,534 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 College of the Marshall Islands in 2020 - 2021 was $7,740. To calculate future costs, we looked at the prior five years of data and determined that this cost decreased an average of 8.9% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $6,424 during their first year. By their senior year, that cost will be approximately $4,857, for a bachelor degree candidate ($5,852 for an associate degree candidate) for a total of $22,463 over the course of four years ($12,275 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 $23,282 based on a yearly growth rate of -8.7%. The expected two-year cost is $12,697.

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 College of the Marshall Islands

Cost With Interest for Residents of Marshall Islands

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*-23.2%-8.9%
Freshman year$2,350$1,386$6,424
Senior year$2,350$1,064$5,852
Total 2-year net price$4,700$2,450$12,275
10-year loan interest @ 6.8%$1,791$933$4,677
Total monthly payment$54$28$141
Total amount paid$6,491$3,384$16,952
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-23.2%-8.9%
Freshman year$2,350$1,386$6,424
Senior year$2,350$628$4,857
Total 4-year net price$9,400$3,896$22,463
10-year loan interest @ 6.8%$3,581$1,484$8,558
Total monthly payment$108$45$259
Total amount paid$12,981$5,380$31,021

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*-22.1%-8.7%
Freshman year$2,570$1,560$6,637
Senior year$2,570$1,215$6,060
Total 2-year net price$5,140$2,775$12,697
10-year loan interest @ 6.8%$1,958$1,057$4,837
Total monthly payment$59$32$146
Total amount paid$7,098$3,832$17,534
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-22.1%-8.7%
Freshman year$2,570$1,560$6,637
Senior year$2,570$738$5,052
Total 4-year net price$10,280$4,460$23,282
10-year loan interest @ 6.8%$3,916$1,699$8,870
Total monthly payment$118$51$268
Total amount paid$14,196$6,159$32,152

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

Further Questions to Consider

Continue Your Research on College of the Marshall Islands

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options