University of Arkansas at Monticello

In 2008, tuition for full-time students at University of Arkansas at Monticello was $5,091 a year for in-state students and $10,941 a year for out-of-state students.

Usually, college tuition goes up about 3% every year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theprice of collegefeel more doable until you're done with college.

For information on University of Arkansas at Monticello's financial aid options for first-year students, check with the school directly.

Does University of Arkansas at Monticello Offer In-State and Out-of-State Tuition?

University of Arkansas at Monticello is a public, state institution, so it offers a reduced tuition rate of $5,091 for in-state students who attend full-time.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to verify your state's requirements 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 additional requirements as well, depending on where you live.

Explore other Arkansas colleges

Tuition for International Students at University of Arkansas at Monticello

University of Arkansas at Monticello has the same tuition for international students as for those from out of state.

International students usually do not qualify for for loans or grants from the U.S. government, but should research private or University of Arkansas at Monticello-specific grants, scholarships, and other funding opportunities.

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University of Arkansas at Monticello Housing Expenses, Fees, and More

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In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at University of Arkansas at Monticello.

House and Food Costs at University of Arkansas at Monticello

Housing and campus dining at University of Arkansas at Monticello costs $7,360 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the University of Arkansas at Monticello's on-campus cafeterias and dining facilities.

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

How Much Do Books Cost at University of Arkansas at Monticello?

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Many schools offer ways so that those with financial need to find ways to lower or eliminate these costs.

Transportation costs

The total cost of transportation in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At University of Arkansas at Monticello, freshman are allowed to park on campus.

Where are a college is located can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area is sometimes costly, but cities may offer more trains, busses and affordable flights to actually get to school. The University of Arkansas at Monticello campus is in a town in Arkansas.

Other Costs

When budgeting for college, be sure to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at University of Arkansas at Monticello

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Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to University of Arkansas at Monticello.

Total Cost of University of Arkansas at Monticello

What will the cost of attending University of Arkansas at Monticello be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$5,091
Out-of-State Tuition	$10,941
Room and Board	$7,360
Other expenses	$2,250

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 University of Arkansas at Monticello

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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 University of Arkansas at Monticello financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Arkansas at Monticello

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, a total of $7.8 million was awarded in need-based scholarships. An additional $1.53 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of Arkansas at Monticello

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 University of Arkansas at Monticello 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.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Arkansas at Monticello seem more manageable.

What will attending University of Arkansas at Monticello 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 understand the actual cost of attending that school, based on their financial situation. You can find the University of Arkansas at Monticello's net cost calculator on their website.

University of Arkansas at Monticello 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.

University of Arkansas at Monticello Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

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

University of Arkansas at Monticello'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.

University of Arkansas at Monticello's endowment was valued at $2.5 million in 2023, compared to a national average of $905 million. The school spends $2,456 for each full-time student enrolled.

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