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Montgomery News

Thursday, November 14, 2024

Cost of college went up for all students at Montgomery College

Collegeclassroom577

In-state tuition and fees rose 3.6 percent for 2018-19 at Montgomery College, according to recent data from the U.S. Department of Education.

Maryland residents paid $9,966 to attend the two-year public institution this year – $348 more than the $9,618 charged for 2017-18.

Non-residents paid 36.5 percent more than residents this year, or $13,602. Their price tag grew 3.8 percent from $13,110 in 2017-18.

About 86 percent of the school's undergraduate population are Maryland residents. About 3 percent are residents of other states and 10 percent are citizens of other countries.

Data shows 65 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,230 students received grants or scholarships totaling $6.6 million and 231 students took out student loans totaling more than $1.1 million.

Including all undergraduates (21,720), 10,417 students used grants or scholarships totaling $40.9 million, and 2,315 students took out $13.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~18,679$9,156$9,474$9,618$9,9668.8%
Out-of-state~652$12,432$12,894$13,110$13,6029.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Montgomery College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants99046%$4,634,400$4,681
State / local grant or scholarship41920%$645,035$1,539
Institutional grants or scholarships89842%$1,272,557$1,417
Grant or scholarship aid total1,23058%$6,551,992$5,327
Federal student loans22711%$1,068,354$4,706
Other student loans50%$63,198$12,640
Student loan aid23111%$1,131,552$4,898
Total student aid1,39165%--

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