Private 2 Year

Miller-Motte Technical College-Madison Tuition & Cost

Madison, Tennessee

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How much does it cost to attend?

Sticker Price
Costs for Miller Motte Technical College Madison
Fee Cost
Books and Supplies$1,150
Other Fees$1,260
Estimated Off Campus Cost of Living $8,785
Other Expenses Budget$7,484

Annual Prices

The annual list price to attend Miller Motte Technical College Madison on a full time basis for 2020/2021 is $28,219 for all students regardless of their residency. This fee is comprised of $9,540 for tuition, $8,785 room and board, $1,150 for books and supplies and $1,260 for other fees. Out of state tuition for Miller Motte Technical College Madison is $9,540, the same as Tennessee residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Miller Motte Technical College Madison when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Miller Motte Technical College Madison
Family Income Net Price Paid
$0 to $30,000$20,377
$30,001 to $48,000n/a
$48,001 to $75,000n/a
$75,001 to $110,000n/a

The average reported annual net price for Miller Motte Technical College Madison for students receiving grants or scholarship aid was $17,763 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

10% of full-time undergrad Miller Motte Technical College Madison received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,026 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 10% of students received Federal Student Loans averaging $9,997 and 6% of undergrads took out private student loans averaging $2,608.

Finanical Aid Miller Motte Technical College Madison
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,026 10%
Institutional Grants and Scholarships $0 0%
Pell Grants $5,082 10%
Other Federal Grants $0 0%
State and Local Grants $1,944 10%
Federal Student Loans $9,997 10%
Other Student Loans $2,608 6%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Miller Motte Technical College Madison, we've modeled a ten year student loan with an original principal value of $28,448. The loan balance of $28,448 is a two year multiple of the $14,224 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $271 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $28,448
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $271.43
Total Interest Paid $4,123.04
Sum of All Loan Payments $32,571.04

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $28,219
2 $30,194

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Miller Motte Technical College Madison to be $56,438 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Miller Motte Technical College Madison
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $265 $795 $1,060

Estimated cost for a class at Miller Motte Technical College Madison based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Miller Motte Technical College Madison versus other colleges.

Tuition Payment Plans Available

Miller Motte Technical College Madison Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=448664 IPEDS survey data for Miller Motte Technical College Madison.