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  • College of the Marshall Islands/
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College of the Marshall Islands
Majuro, Marshall Islands
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  • Net Price
  • G.I. Bill®
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  • Tuition And Fees
  • Room And Board
  • Financial Aid
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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 2019 - 2020 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.

  • Marshall Islands Residents
  • Out-Of-State Residents

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.

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Projected Costs Between $1,336 and $23,057 For a Four Year Degree. Between $1,037 and $13,703 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 2019 - 2020 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 17.8% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $5,231 during their first year. By their senior year, that cost will be approximately $2,906, for a bachelor degree candidate ($4,300 for an associate degree candidate) for a total of $15,973 over the course of four years ($9,532 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 $16,696 based on a yearly growth rate of -17.4%. The expected two-year cost is $9,923.

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
  • Marshall Islands Residents
  • Out-Of-State Residents

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*-46.4%-17.8%
Freshman year$2,350$675$5,231
Senior year$2,350$362$4,300
Total 2-year net price$4,700$1,037$9,532
10-year loan interest @ 6.8%$1,791$395$3,631
Total monthly payment$54$12$110
Total amount paid$6,491$1,433$13,163
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-46.4%-17.8%
Freshman year$2,350$675$5,231
Senior year$2,350$104$2,906
Total 4-year net price$9,400$1,336$15,973
10-year loan interest @ 6.8%$3,581$509$6,085
Total monthly payment$108$15$184
Total amount paid$12,981$1,845$22,059

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*-44.2%-17.4%
Freshman year$2,570$801$5,434
Senior year$2,570$447$4,489
Total 2-year net price$5,140$1,248$9,923
10-year loan interest @ 6.8%$1,958$476$3,780
Total monthly payment$59$14$114
Total amount paid$7,098$1,724$13,703
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-44.2%-17.4%
Freshman year$2,570$801$5,434
Senior year$2,570$139$3,064
Total 4-year net price$10,280$1,638$16,696
10-year loan interest @ 6.8%$3,916$624$6,361
Total monthly payment$118$19$192
Total amount paid$14,196$2,261$23,057

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

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?
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