College Factual  by our College Data Analytics Team
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Can You Afford Montreat College?

Concerned about paying for college? Take a look at Montreat College’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.

2020 - 2021 Costs Between $20,143 and $42,215

Feeling a little stressed about paying $42,215 to attend Montreat College each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for North Carolina students, 100.0% of freshmen receive some form of financial aid, with the average amount totaling $16,508. Students from low-income families receive an average of $22,072 in aid during their first year.

Cost (no aid)

Tuition and fees$28,750
+ Room and board$9,515
+ Other expenses$3,950
Total cost$42,215
Affordability Score (27 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$42,215
- Grants and scholarships$16,508
Net price$25,707
Affordability Score (39 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$42,215
- Grants and scholarships$22,072
Net price$20,143
Affordability Score (51 out of 100)
more expensive
less expensive

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

Projected Costs Between $81,280 and $262,861 For a Four Year Degree. Between $40,538 and $126,962 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Montreat College in 2020 - 2021 was $42,215. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.5% each year. If this trend continues, we expect the full cost for incoming freshmen to be $45,187 during their first year. By their senior year, that cost will be approximately $50,041 for a bachelor degree candidate ($46,750 for an associate degree candidate) for a total of $190,346 over the course of four years ($91,937 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.

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 Montreat College

Cost With Interest

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*5.8%3.5%
Freshman year$20,244$28,775$45,187
Senior year$20,294$30,444$46,750
Total 2-year net price$40,538$59,220$91,937
10-year loan interest @ 6.8%$15,444$22,561$35,025
Total monthly payment$467$682$1,058
Total amount paid$55,982$81,781$126,962
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*5.8%3.5%
Freshman year$20,244$28,775$45,187
Senior year$20,396$34,078$50,041
Total 4-year net price$81,280$125,509$190,346
10-year loan interest @ 6.8%$30,964$47,814$72,515
Total monthly payment$935$1,444$2,191
Total amount paid$112,244$173,323$262,861

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

Further Questions to Consider

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