Annual Costs
Undergraduate Tuition
Massachusetts Maritime Academy tutelage is $ 1,836 per year for in-state residents. This is 75 % cheaper than the national modal populace four year tuition of $ 7,357. The cost is 95 % cheaper than the average Massachusetts tutelage of $ 33,712 for 4 class colleges. Tuition ranks 9th in Massachusetts amongst 4 year colleges for affordability and is the 74th most expensive 4 year college in the state. If attending from out-of-state, the tutelage is $ 17,570 which represents a 857 % premium .
The school charges an extra fees of $ 8,182 in addition to tuition bringing the entire effective in-state tuition to $ 10,018 .
Housing Costs
On campus room and board is provided by the school at a cost of $ 13,034 per academic year. Students electing to live off campus elsewhere in Buzzards Bay should budget at least this come .
Books and Supplies
The estimated annual cost for books and supplies is $ 1,500.
Other Living Expenses
If living on-campus, students should budget for $ 4,050 in extra exist expenses. Off-campus students should budget for $ 0 in early many-sided living expenses .
Total Costs
The entire tuition and living expense budget for in-state Massachusetts residents to go to Massachusetts Maritime Academy is $ 28,602 for the 2019/2020 academician class. Out-of-state students who do n’t have Massachusetts residency can expect a one year monetary value of $ 44,336 .
Citation: Price data from the U.S. Department of Education’s 2020 IPEDS survey response for Massachusetts Maritime Academy and represent reported costs for the 2019-2020 academic year.
| Estimated Budgets | |
|---|---|
| Massachusetts Resident Total Budget | $28,602 |
| In-State Tuition | $1,836 |
| Other Fees | $8,182 |
| Room and Board | $13,034 |
| On-Campus Other Budget | $4,050 |
| Books and Supplies | $1,500 |
| Non-Resident Total Budget | $44,336 |
| Out-of-State Tuition | $17,570 |
| Other Fees | $8,182 |
| Room and Board | $13,034 |
| On-Campus Other Budget | $4,050 |
| Books and Supplies | $1,500 |
Will you get in?
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What it Really Costs
Depending on many factors including student and parent income and assets, the sum cost of attendance may be less than the $ 28,602 published price if eruditeness or grant help is made available to you .
Net Price
The internet out-of-pocket full cost you end up paying or financing though student loans is known as the net price. The report Massachusetts Maritime Academy net price for in-state students is $ 15,424* for the 2018/2019 academic year. This net price includes house and meal expenses .
Pell Grants and other Grant Aid
53 % of Massachusetts Maritime Academy students received concede help in 2018/2019. The average total help measure was $ 11,675. 18 percentage of students received help in the imprint of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2018/2019 was $ 4,365. To apply for a Pell Grant to attend Massachusetts Maritime Academy, the first tone is to fill out the free Application for Federal Student Aid ( FAFSA ).
| Financial Aid Summary | |
|---|---|
| Average Annual Net Price | $15,424* |
| Percent of Students Receiving Grant Aid | 53% |
| Average Total Grant Aid | $11,675 |
| Percent of Students Receiving Pell Grants | 18% |
| Average Amount of Pell Grant Aid | $4,365 |
Average Net Price for In-State Students by Family Income
The average internet entire cost of attendance for different levels of family income after federal, submit or local politics, institutional allow and scholarship help are awarded. Data last published for the 2018/2019 academician class .
| Family Income | Avg. Net Price |
|---|---|
| $0 to $30,000 | $6,235 |
| $30,001 to $48,000 | $6,689 |
| $48,001 to $75,000 | $10,367 |
| $75,001 to $110,000 | $20,187 |
| $110,000+ | $25,649 |
Average Financial Aid Mix – $28,602 In-State Total Cost
CollegeCalc has estimated distinctive coverage of the annual in-state tuition and live expenses of $ 28,602. Breakdown is based on average grant aid and federal loanword help which will vary based on your kin income .
48 %
22 %
30 %
Grants and Scholarships
48 % – $ 11,675
money granted to you by the U.S. Department of Education, Massachusetts Maritime Academy or other organizations. These are not loans and do not need to be repaid .
Federal Loans
22 % – $ 5,467
low interest student loans funded by the U.S. Department of Education. This measure will need to be repaid .
Out of Pocket
30 % – $ 7,410
Covered by family savings, cultivate or private student loans which you will have to repay .
*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education’s Academic Year 2018/2019 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.
Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.
Is it Worth the Cost?
To make a comparative assessment if Massachusetts Maritime Academy is worth the price, measures of it ‘s proportional value for tuition dollar can be examined. We ‘ve calculated an academic national percentile rat of 50/100 for Massachusetts Maritime Academy. Considering an average net price pay up of $ 18,626, this leads to an overall measure ranking of 53/100. This places the school 478th on our national Best Value Colleges ranking as a provider of a very high prize education compared to actual overall price pay .
Tuition Comparison to Similar Public Colleges in the Region
Cost of a Degree
When considering ability to pay for college, the annual cost is often discussed but it ‘s the “ all in ” multi-year degree cost which matters in the end. Let ‘s take a expect at what it could truly cost for four years at Massachusetts Maritime Academy .
Estimated 4 Year Cost at Published Tuition
At the stream published rates, an estimated full tutelage, fees and living expense price for a 4 year knight bachelor ‘s degree at Massachusetts Maritime Academy is $ 114,408 for students graduating in normal time. This methodology for estimating the 4 year cost is a directly multiple of the most holocene reported annual sum cost and does not factor in tuition increases during the time you ‘re in school. It besides assumes you receive no grant or scholarship aid and pay the full moon list price .
A potentially more accurate but less conservative estimate of a academic degree cost can be made by using the school ‘s annual $ 18,626 in-state net price as the basis. Applying this monetary value over 4 would estimate the cost of a academic degree at $ 74,504**
If you end up on the “ five year plan ” and need an extra class to graduate, your five class price could be a high as $ 143,010 or $ 93,130 using an average web price.
Read more: How to Apply – CSUM
**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education’s 2018/2019 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.
Other Costs
Cost Per Credit Hour and Cost for a Class
Some schools offer the ability to take single classes by paying on a per recognition hour basis. The reported price per credit hour and estimated cost for one class at Massachusetts Maritime Academy are as follows. Per citation costs are for reference only angstrom many schools will not allow students to pay by credit hour .
| Price per credit hour for Massachusetts residents | $77 |
| Cost for one class for Massachusetts residents (3 credit hours) | $231 |
| Price per credit hour for out of state residents | $732 |
| Cost for one class for out of state residents (3 credit hours) | $2,196 |
| Cost for one class for out of state residents (4 credit hours) | $2,928 |
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Student Loans and Debt
The second retainer after understanding the cost of college is determining how to finance it. Some students are fortunate adequate to have some form of family fiscal aid, but scholar loans end up financing a meaning assign of higher education in the U.S. 91 % of Massachusetts Maritime Academy students receive U.S. Federal Student Loans with an average annual Federal Loan aid measure of $ 5,467 .
Example Loan Payments and Costs
How much are scholar loan payments for Massachusetts Maritime Academy ? obviously this varies based on a issue of factors – offsetting fiscal aid you receive, percentage of tip you pay upfront while enrolled and the interest rate on your loans. We ‘ve modeled a sample distribution scholar loanword based on current Stafford loan rates to give you an approximate estimate .
The follow are the costs for a loanword if you borrowed $ 74,504, 100 % of the estimate average net price for a four year platform and paid nothing while enrolled. The total of all payments including interest would sum $85,302.04. This could be your effective total out of pocket cost of an education at Massachusetts Maritime Academy. note that this calculation assumes you do n’t pay full list price tuition, are part of the reported 53 % of students at this educate who receive fiscal aid and you are paying an average annual net price of $ 18,626. If you do not financially qualify for a reduce net price, your student lend payments could be importantly higher than this exemplar. Use our Massachusetts Maritime Academy student loanword calculator below to change loanword assumptions and recalculate .
Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.
| Example Payments | |
|---|---|
| Monthly Loan Payment | $710.85 |
| Amount Borrowed | $74,504.00 |
| Interest Rate | 2.75% |
| Term | 10 years |
| Number of Monthly Payments | 120 |
| Total Interest Cost | $10,798.04 |
| Sum of All Payments over 10 years | $85,302.04 |
Affording Student Loan Payments and Post Graduation Salary
Can I afford to attend Massachusetts Maritime Academy ? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loanword with your post graduation wage. This is an highly important sharpen to consider. In order to afford scholar loanword payments and still meet all your other costs of animation, it is recommended not to borrow more than you can pay back using 10 % of your monthly income earned after graduation. If you ‘re considering attending Massachusetts Maritime Academy, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected wage .
Using the 10% of salary threshold, an annual income of $85,302.04 would be needed to afford
a $710.85 monthly payment in the example $74,504.00 loan modeled above. You will need to determine if it is at all naturalistic that you will be earning this type of wage after gradation. This assumes a lend vengeance over 10 years. You can change the terms of this exercise lend using the student loanword calculator below .
Estimated Future Cost and Expected Tuition Increase
What will it cost to send your child to Massachusetts Maritime Academy in the future ? In the past four years, this school ‘s published in-state tutelage and fee total rose from $ 1,480 to $ 1,836. This amounts to an average annual price increase of 4.8 %. nationally, university tutelage prices are rising about 5 % per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc ‘s estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the stream in-state 4 year monetary value of $ 114,408.00. Use the college savings plan calculator below to perform a more comprehensive examination analysis on future costs and how much you will need to save for Massachusetts Maritime Academy .
| Annual | 4 Year Degree | |
|---|---|---|
| Estimated Cost in 5 years for students enrolling in 2027 | $39,334 | $157,338 |
| Estimated Cost in 10 years for students enrolling in 2032 | $50,202 | $200,807 |
| Estimated Cost in 15 years for students enrolling in 2037 | $64,072 | $256,287 |
| Estimated Cost in 18 years for students enrolling in 2040 | $74,171 | $296,684 |
Tuition History
What was tutelage at Massachusetts Maritime Academy five, ten-spot, fifteen or twenty years ago ? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the by as it provides reading as to how the educate may raise tutelage in the adjacent few years. historical tuition and fees for all available data years spinal column to 1987 follows .
| Year | In-State | Out-of-state | Annual Increase |
|---|---|---|---|
| 2012 | $1,395 | $15,592 | 3.9% |
| 2011 | $1,342 | $14,992 | -83.3% |
| 2010 | $8,032 | $20,671 | 9.8% |
| 2009 | $7,312 | $19,349 | 2.8% |
| 2008 | $7,113 | $18,687 | 2.5% |
| 2007 | $6,937 | $18,066 | 0.5% |
| 2006 | $6,905 | $17,530 | 3.8% |
| 2005 | $6,653 | $17,133 | 5.4% |
| 2004 | $6,314 | $18,366 | 24.7% |
| 2003 | $5,064 | $15,544 | 22.6% |
| 2002 | $4,129 | $13,439 | 2.8% |
| 2001 | $4,016 | $12,096 | 1.9% |
| 2000 | $3,943 | $10,803 | 4.8% |
| 1999 | $3,763 | $9,903 | -1.6% |
| 1998 | $3,823 | $9,403 | 1.6% |
| 1997 | $3,763 | $8,927 | 0.3% |
| 1996 | $3,750 | $8,709 | 6.4% |
| 1995 | $3,524 | $8,483 | 26.6% |
| 1994 | $2,784 | $8,489 | 0% |
| 1993 | $2,784 | $8,489 | -9.8% |
| 1992 | $3,085 | $8,182 | -22.1% |
| 1991 | $3,960 | $8,500 | 0.6% |
| 1990 | $3,937 | $6,841 | 118.7% |
| 1989 | $1,800 | $4,300 | 87.5% |
| 1988 | $960 | $3,216 | -17.8% |
| 1987 | $1,168 | $3,424 |
Calculators
Use the calculators below to formulate a college savings plan for Massachusetts Maritime Academy or model a scholar lend .
College Savings Calculator
Plan and Save for College
Discover how much will you need to start saving now to afford Massachusetts Maritime Academy in the future .
current Annual cost
stream Age of Prospective student
Assumed annual Rate of Tuition Increase
Current College Savings Balance
investment Return on Savings
Student Loan Calculator
Estimate Loan Payments
Modify the lend assumptions to fit your fiscal situation and probably tutelage price. then calculate your payoff and loan payments for a Massachusetts Maritime Academy scholar lend .
loan Amount
pastime Rate
(Stafford Loan rates are 2.75% for subsidized and unsubsidized undergraduate student loans as of December, 2020)
Loan Term ( Years )
Prepayment Option
How much student loanword interest charges would you save by paying off a fiddling more each calendar month ?
About Massachusetts Maritime Academy
Massachusetts Maritime Academy is a four year populace college located in Buzzards Bay, Massachusetts. Full time registration is 1,707 and contribution time is 95. Learn more about getting accepted at Massachusetts Maritime Academy at CollegeSimply .
Students attending this school may pursue both undergraduate and calibrate degrees .
Massachusetts Maritime Academy
101 Academy Dr
Buzzards Bay, Massachusetts
02532-1803
Read more: A Man Quotes Maritime Law To Avoid Ticket
http://www.maritime.edu
address
For Profit / Not For Profit Status
Massachusetts Maritime Academy is a public not for profit institution. public schools often represent the best prize for your education dollar, particularly when students qualify for in-state tuition .
Massachusetts Maritime Academy cost and fiscal help data reference : U.S. Department of Education hypertext transfer protocol : //nces.ed.gov/collegenavigator/ ? id=166692 IPEDS view data. Data final updated January 2021 and reflects academic year 2019/2020 costs reported by the school .
