Montreat's tuition & fees has increased from $23,520 (2014) to $33,860 (2024), and the rate of tuition increase is 43.96% over the past 10 years. The graduate school tuition & fees has raised from $11,936 (year 2014) to $11,310 (year 2024).
The 2024 tuition & fees have significantly risen this year (more than 10%) at Montreat College.
Montreat's tuition increase rate is higher than the North Carolina's average increase rate of 4.51%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 35.20% from 2014 ($34,978).
For the current academic year 2023-2024, Montreat's COA is $47,290, which is increased by 3.04% from last year.
The following table and chart show changes to Montreat's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 43.96% for the last 10 years , and the 2024 tuition & fees are $33,860. The following table and chart show the tuition & fees changes at Montreat College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,200, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
|---|
| 2015-16 | $1,236 | 3.00% |
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| 2016-17 | $1,200 | -2.91% |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,200 | |
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| 2022-23 | $1,200 | |
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| 2023-24 | $1,200 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 31.82% when a student lives on-campus facilities and 74.33% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Montreat College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,258 | $8,724 | - |
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| 2015-16 | $10,546 | $8,524 | 2.81% |
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| 2016-17 | $11,204 | $8,704 | 6.24% |
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| 2017-18 | $11,443 | $8,704 | 2.13% |
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| 2018-19 | $11,719 | $8,704 | 2.41% |
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| 2019-20 | $11,655 | $8,704 | -0.55% |
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| 2020-21 | $12,265 | $8,704 | 5.23% |
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| 2021-22 | $12,578 | $8,704 | 2.55% |
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| 2022-23 | $14,170 | $15,500 | 12.66% |
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| 2023-24 | $12,230 | $13,500 | -13.69% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Montreat College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Montreat College | $33,860 | $30,525 | 10.93% |
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|
| Duke University | $65,805 | $62,688 | 4.97% |
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|
| Wake Forest University | $64,758 | $62,128 | 4.23% |
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| Elon University | $44,536 | $42,241 | 5.43% |
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| High Point University | $44,208 | $41,916 | 5.47% |
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| Campbell University | $40,410 | $39,230 | 3.01% |
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