Allegany College of Maryland

In 2012, tuition for full-time students at Allegany College of Maryland was $7,860 a year for in-state students and $10,200 a year for out-of-state students.

On average, college tuition rises about 3% year.

If this information makes going to college sound impossible, remember, the "sticker price" of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theactual cost of attending college more manageable until you've finishing school and found a job.

Allegany College of Maryland meets 87% of the demonstrated financial need for undergraduates. First-year students that attend Allegany College of Maryland full-time are awarded $47,986 a year in financial aid, on average.

Does Allegany College of Maryland Offer In-State and Out-of-State Tuition?

Allegany College of Maryland is a public, state institution, which means it offers a reduced tuition rate of $7,860 for in-state students who attend full-time.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to confirm your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.

Explore other Maryland colleges

Is Allegany College of Maryland's Tuition Different for International Students?

Tuition at Allegany College of Maryland is the same for each student.

International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Allegany College of Maryland:

•Loans from outsideAllegany College of Maryland •Athletic Awards

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Allegany College of Maryland Living Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Allegany College of Maryland.

Room and Board Costs at Allegany College of Maryland

Board costs can depend on the number of meals you intend to eat on-campus

How Much Do Books Cost at Allegany College of Maryland?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can get help covering these fees.

Transportation costs

The total cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these questions can drastically impact your transportation budget.

The location of a college or university can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city could be expensive, but cities may offer more buses, trains or affordable flights to actually get to school. The Allegany College of Maryland campus is in a town in Maryland.

Other Costs

When you're planning for college, be sure to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Financial Breakdown for Allegany College of Maryland

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Now, let’s look at the breakdown of all expenses, to get a better idea of how much students can expect to shell out for Allegany College of Maryland.

Total Cost of Allegany College of Maryland

What will the cost of attending Allegany College of Maryland be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$7,860
Out-of-State Tuition	$10,200

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Allegany College of Maryland

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In 2023, 1,202 of the 4,913 undergrads enrolled received financial aid. Allegany College of Maryland meets 87% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $47,986 a year.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$26,832
Allegany College of Maryland-Specific Loans	$6,532
Private Loans	$0

Most Common Loans for Allegany College of Maryland Students
Federal Loans	75%
Institutional Loans	2%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Allegany College of Maryland financial aid, keep reading, or visit their financial aid website.

Scholarships at Allegany College of Maryland

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Allegany College of Maryland awarded 1,202 need-based scholarships to students, giving away total of $45.2 million to help students with financial need cover the cost of school. An additional $14.69 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Allegany College of Maryland Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Allegany College of Maryland students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Allegany College of Maryland was $47,986 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Allegany College of Maryland seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$-87,332
Net In-state, Off-campus	$-39,346
Out-of-State, On-Campus	$-37,006

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Allegany College of Maryland really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Allegany College of Maryland's net cost calculator on their website.

Allegany College of Maryland Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Allegany College of Maryland Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Allegany College of Maryland's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Allegany College of Maryland's endowment, check with the school directly.

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Learn More About Allegany College of Maryland

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Choose one of the options below to find out more about about Allegany College of Maryland:

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