text: Tuition, net price and cost to go Allegany College of Maryland
  Cost to Attend Allegany College of Maryland
  Allegany College of Maryland tuition is $3,630 per year for in-district residents. This is 19% more expensive than the national average public two year in-district tuition of $3,046. The cost is 6% cheaper than the average Maryland in-district tuition of $3,861 for 2 year colleges. Tuition ranks 14th in Maryland amongst 2 year colleges for affordability and is the 4th most expensive 2 year college in the state.
  The school charges an additional fees of $590 in addition to tuition bringing the total effective in-state tuition to $7,580.
  On campus room and board is provided by the school at a cost of $10,800 per academic year. Students electing to live off campus elsewhere in Cumberland should budget at least this amount.
  If living on-campus, students should budget	for $3,716 in additional living expenses. Off-campus students should budget for $3,716 in other miscellaneous living expenses.
  The total tuition and living expense budget for in-district residents to go to Allegany College of Maryland is $20,276 for the 2018/2019 academic year. The total cost for in-state, but not in district residents is $23,636. Out-of-state students who don't possess Maryland residence can expect a one year cost of $25,346.
  Citation: Price data from the U.S. Department of Education's 2018-2019 and 2017-2018 IPEDS survey response for Allegany College of Maryland and represent reported costs for the 2016-2017 and 2015-2016 academic years.
  Costs and Tuition for Allegany College of Maryland
  In-District Resident Total Budget $20,276
  Maryland Out of District Total Budget $23,636
  In-State Tuition $6,990
  Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $23,636 published price if scholarship or grant aid is made available to you.
  The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Allegany College of Maryland net price for in-state students is $9,119* for the 2014/2015 academic year. This net price includes housing and meal expenses.
  87% of Allegany College of Maryland students received grant aid in 2014/2015. The average total aid amount was $5,121. 60 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,429. To apply for a Pell Grant to attend Allegany College of Maryland, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).
  Net Price and Financial Aid for Allegany College of Maryland
  Average Annual Net Price $9,119*
  $0 to $30,000 $9,567
  $48,001 to $75,000 $12,444
  Average Financial Aid Mix - $23,636 In-State Total Cost
  CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $23,636. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.
  26% - $5,121
  Money granted to you by the U.S. Department of Education, Allegany College of Maryland or other organizations. These are not loans and do not need to be repaid.
  26% - $5,189
  48% - $9,610
  Cost vs. Allegany College of Maryland
  Garrett College 3.9% less expensive
  Eastern West Virginia Community and Technical College 50.9% less expensive
  Pennsylvania Highlands Community College 10.3% less expensive
  Blue Ridge Community and Technical College 94.2% less expensive
  Lord Fairfax Community College 33.9% less expensive
  Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at Allegany College of Maryland.
  At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at Allegany College of Maryland is $47,272 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.
  A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $9,793 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $19,586**
  Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Allegany College of Maryland.
  Maryland Resident Tuition Per Semester $3,495
  Maryland Resident Total Cost Per Semester $11,818
  Non-Maryland Resident Tuition Per Semester $4,350
  Non-Maryland Resident Total Cost Per Semester $12,673
  Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Allegany College of Maryland are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.
  Cost per credit hour and per class at Allegany College of Maryland
  Price per credit hour for Maryland residents $233
  Cost for one class for Maryland residents (3 credit hours) $699
  The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 51% of Allegany College of Maryland students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,189.
  How much are student loan payments for Allegany College of Maryland? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.
  The following are the costs for a loan if you borrowed $19,586, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $24,301.73. This could be your effective total out of pocket cost of an education at Allegany College of Maryland. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 87% of students at this school who receive financial aid and you are paying an average annual net price of $9,793. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Allegany College of Maryland student loan calculator below to change loan assumptions and recalculate.
  Allegany College of Maryland Student Loan Payments
  Monthly Loan Payment $202.51
  Amount Borrowed $19,586.00
  Total Interest Cost $4,715.73
  Sum of All Payments over 10 years $24,301.73
  Can I afford to attend Allegany College of Maryland? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, 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 Allegany College of Maryland, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
  Using the 10% of salary threshold, an annual income of $24,301.73 would be needed to afford a $202.51 monthly payment in the example $19,586.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.
  What will it cost to send your child to Allegany College of Maryland in the future? In the past four years, this school's published in-state tuition and fee total rose from $5,880 to $6,990. This amounts to an average annual price increase of 3.8%. Nationally, university tuition prices are rising around 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 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 2 year cost of $47,272.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Allegany College of Maryland.
  Estimated Cost in 5 years for students enrolling in 2025 $30,920 $61,841
  Estimated Cost in 10 years for students enrolling in 2030 $39,463 $78,926
  Estimated Cost in 15 years for students enrolling in 2035 $50,366 $100,732
  Estimated Cost in 18 years for students enrolling in 2038 $58,305 $116,610
  What was tuition at Allegany College of Maryland five, ten, 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 past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.
  2012 $5,700 $6,840 0%
  2011 $5,700 $6,840 -0.2%
  2010 $5,714 $6,824 1.1%
  2009 $5,654 $6,584 2.2%
  2008 $5,534 $6,434 0.5%
  2007 $5,504 $6,404 2.8%
  2006 $5,354 $6,254 3.1%
  2005 $5,194 $6,094 0.3%
  2004 $5,180 $6,080 0%
  2003 $5,180 $6,080 0%
  2002 $5,180 $5,750 0%
  2001 $5,180 $5,300 1.2%
  2000 $5,120 $7,640 13.3%
  1999 $4,520 $4,910 15.7%
  1998 $3,905 $4,055 33.5%
  1997 $2,925 $3,765 6.9%
  1996 $2,735 $3,545 7%
  1995 $2,555 $3,305 35.1%
  1994 $1,891 $2,491 -12.4%
  1993 $2,159 $2,909 0.7%
  1992 $2,144 $3,104 13.5%
  1991 $1,889 $2,849 33%
  1990 $1,420 $2,188 0.1%
  1989 $1,418 $2,318 4.3%
  1988 $1,360 $2,256
  Use the calculators below to formulate a college savings plan for Allegany College of Maryland or model a student loan.
  Discover how much will you need to start saving now to afford Allegany College of Maryland in the future.
  Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Allegany College of Maryland student loan.
  How much will Allegany College of Maryland cost in 18 years?
  How much is the monthly student loan payment for Allegany College of Maryland?
  Allegany College of Maryland is a two year community college located in Cumberland, Maryland. Full time enrollment is 1,095 and part time is 1,490. Allegany College of Maryland has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about Allegany College of Maryland at CollegeSimply.
  Allegany College of Maryland is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.
  Allegany College of Maryland cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=161688 IPEDS survey data.