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How Affordable Is Merritt College?

This overview lays out the cost of attending Merritt College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$22,559.00 Cost of Attendance
$14,021.00 Avg Net Price
$9,500.00 Median Grad Debt

Use the section links below to navigate this overview:

The Cost of Attending Merritt College?

Published attendance costs at Merritt College spanned $22,559.00 through $31,199.00 across residency tiers.

In-state students paid the lower published figure, while out-of-state students faced the higher one: roughly $22,559.00 for in-state students versus $31,199.00 for those paying out-of-state rates.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

The Full Cost for Residents (no aid)

Tuition and fees $1,258.00
+ Room, board & other expenses $21,301.00
Total cost $22,559.00
That is 17% above the national average net price.

Average Net Price for Residents (with average aid)

Total cost $22,559.00
− Grants and scholarships −$7,403.00
Net price $15,156.00
That is 21% below the national average net price.

Net Price for Low-Income Residents

Total cost $22,559.00
− Grants and scholarships −$7,680.00
Net price $14,879.00
That is 23% below the national average net price.

What It Costs Non-Residents (no aid)

Tuition and fees $9,898.00
+ Room, board & other expenses $21,301.00
Total cost $31,199.00
That is 62% above the national average net price.

Average Net Price for Non-Residents (with average aid)

Total cost $31,199.00
− Grants and scholarships −$7,403.00
Net price $23,796.00
That is 24% above the national average net price.

Average Net Price for Low-Income Non-Residents

Total cost $31,199.00
− Grants and scholarships −$7,680.00
Net price $23,519.00
That is 22% above the national average net price.
Explore each piece on tuition and fees plus living costs.

What a Full Degree Could Cost at Merritt College

Costs have trended upward in recent years by around 4.6% per year, so the four-year total runs well above today’s cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. The loan rows amortise the projected total over a ten-year, 6.8% repayment.

In-State Residents

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.6% 4.6% 4.6%
Freshman year $15,560.00 $15,850.00 $23,592.00
Senior year $17,796.00 $18,127.00 $26,981.00
Total 4-year net price $66,645.00 $67,886.00 $101,045.00
10-year loan interest @ 6.8% $25,389.00 $25,862.00 $38,494.00
Total monthly payment $767.00 $781.00 $1,163.00
Total amount paid $92,034.00 $93,748.00 $139,539.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.6% 4.6% 4.6%
Freshman year $15,560.00 $15,850.00 $23,592.00
Senior year $16,272.00 $16,575.00 $24,671.00
Total 2-year net price $31,832.00 $32,425.00 $48,263.00
10-year loan interest @ 6.8% $12,127.00 $12,353.00 $18,386.00
Total monthly payment $366.00 $373.00 $555.00
Total amount paid $43,959.00 $44,777.00 $66,649.00

For Out-of-State Students

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.6% 4.6% 4.6%
Freshman year $24,595.00 $24,885.00 $32,627.00
Senior year $28,130.00 $28,461.00 $37,315.00
Total 4-year net price $105,345.00 $106,585.00 $139,744.00
10-year loan interest @ 6.8% $40,133.00 $40,605.00 $53,238.00
Total monthly payment $1,212.00 $1,227.00 $1,608.00
Total amount paid $145,477.00 $147,191.00 $192,982.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 4.6% 4.6% 4.6%
Freshman year $24,595.00 $24,885.00 $32,627.00
Senior year $25,721.00 $26,024.00 $34,120.00
Total 2-year net price $50,317.00 $50,909.00 $66,747.00
10-year loan interest @ 6.8% $19,169.00 $19,395.00 $25,428.00
Total monthly payment $579.00 $586.00 $768.00
Total amount paid $69,485.00 $70,304.00 $92,176.00

See the full net-price breakdown in the Net Price section.

The Real Out-of-Pocket Cost at Merritt College

Net price strips out grant and scholarship aid to show what families really pay. For most prospective students, net price gives a more realistic estimate than sticker tuition.

Average net price (on-campus) $14,021.00
Average net price (off-campus) $14,742.00

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 $14,035.00
$30,000 to $48,000 $13,694.00
$48,001 to $75,000 $18,232.00
$75,001 to $110,000 $18,127.00

Estimate your specific net price using the school’s Merritt College Net Price Calculator, or contact the financial aid office.

Want to know how that aid is awarded? See the financial aid page.

Debt at Graduation from Merritt College

Typical debt at graduation from Merritt College comes to $9,500.00, which the Department of Education classifies as a Very Low (<$10k) debt-burden category.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $3,000.00
25th $4,500.00
Median (50th) $9,500.00
75th $16,000.00
90th $23,000.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

For the full borrowing and repayment picture, see the student-loan-debt breakdown.

Loan Repayment and Default at Merritt College

The federal default-rate tier for Merritt College is Low (<5%).

Window Cohort default rate
2-year 18.0%

For scale, federal Stafford loan disbursements at Merritt College come to $17,097,073.00 covering 1,469 student borrowers.

Things to Think About

The data above is a foundation; round it out by asking yourself about Merritt College, consider the following:

Dig Deeper on Merritt College

Each page below covers one part of paying for college in more detail:

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.

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