College Factual  by our College Data Analytics Team
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Can You Afford University of Arkansas at Monticello?

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

Attendance Costs in 2020 - 2021 Varied Between $13,362 & $25,843

Worried about paying the full cost of $25,843 to attend University of Arkansas at Monticello? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Arkansas, the university offers a discount of 42.5% off tuition and fees. Also, 86.8% of freshmen receive some form of financial aid, with the average amount totaling $6,353. Students from low-income families receive an average of $6,631 in aid during their first year.

Cost for Residents of Arkansas (no aid)

Tuition and fees$7,909
+ Room and board$7,058
+ Other expenses$5,026
Total cost$19,993
Affordability Score (75 out of 100)
more expensive
less expensive

Net Price for Residents of Arkansas (with average aid)

Total cost$19,993
- Grants and scholarships$6,353
Net price$13,640
Affordability Score (74 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Arkansas

Total cost$19,993
- Grants and scholarships$6,631
Net price$13,362
Affordability Score (64 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$13,759
+ Room and board$7,058
+ Other expenses$5,026
Total cost$25,843
Affordability Score (67 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$25,843
- Grants and scholarships$6,353
Net price$19,490
Affordability Score (65 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$25,843
- Grants and scholarships$6,631
Net price$19,212
Affordability Score (56 out of 100)
more expensive
less expensive

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

Projected Costs Between $53,448 and $152,613 For a Four Year Degree. Between $26,724 and $74,855 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 University of Arkansas at Monticello in 2020 - 2021 was $19,993. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 2.5% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $21,017 during their first year. By their senior year, that cost will be approximately $22,653, for a bachelor degree candidate ($21,549 for an associate degree candidate) for a total of $87,314 over the course of four years ($42,567 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 $110,512 based on a yearly growth rate of 1.9%. The expected two-year cost is $54,205.

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 University of Arkansas at Monticello

Cost With Interest for Residents of Arkansas

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*6.3%2.5%
Freshman year$13,362$15,401$21,017
Senior year$13,362$16,365$21,549
Total 2-year net price$26,724$31,766$42,567
10-year loan interest @ 6.8%$10,181$12,102$16,216
Total monthly payment$308$366$490
Total amount paid$36,905$43,868$58,783
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*6.3%2.5%
Freshman year$13,362$15,401$21,017
Senior year$13,362$18,478$22,653
Total 4-year net price$53,448$67,635$87,314
10-year loan interest @ 6.8%$20,362$25,766$33,264
Total monthly payment$615$778$1,005
Total amount paid$73,810$93,401$120,578

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*4.1%1.9%
Freshman year$19,212$21,113$26,845
Senior year$19,212$21,974$27,360
Total 2-year net price$38,424$43,087$54,205
10-year loan interest @ 6.8%$14,638$16,415$20,650
Total monthly payment$442$496$624
Total amount paid$53,062$59,502$74,855
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*4.1%1.9%
Freshman year$19,212$21,113$26,845
Senior year$19,212$23,804$28,421
Total 4-year net price$76,848$89,762$110,512
10-year loan interest @ 6.8%$29,276$34,196$42,101
Total monthly payment$884$1,033$1,272
Total amount paid$106,124$123,958$152,613

Visit net price and financial aid to learn more about the total cost of attending University of Arkansas at Monticello.

Further Questions to Consider

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