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Cost of Attending The Collegium

(The costs listed here are estimated as of 15 February 2018. 

They are subject to change prior to the official posting on 1 July 2019.)

 

Overview

We are committed to keeping the cost of attending college as low as possible. 

 

Our pricing model does not have inflated costs that are then partially returned to the student in the form of financial aid.

 

We will also do our best to explain to you all the costs you will incur in addition to the basic tuition, room and board charge, so that you can budget without surprises.

 

Specifics

Tuition, Room, and Board - $13,800/year

You can pay this in 10 equal installments of $1,380.  If you choose the monthly payment plan, your deposit will be applied to your first monthly payment.

 

The Room includes the rent for a 2-bedroom, 2-bath apartment in the Carlton Arms of Ocala shared by four people.  (The residences may change depending on the final location.  This information will be updated here.)  If you have a car, parking is free at the Carlton Arms.

 

The Room charge does not include utilities or internet service in the apartments.

 

The Board charge includes catered lunch and dinner 7 days a week and a simple breakfast buffet every day. 

 

Students are responsible for the condition of their apartments.  Every student is assessed a $250 damage deposit.  At the end of the year, the deposit is either applied to the next year, returned, or applied to any damages.

 

Other Costs to Consider

Books - Estimate $1,000/year for books ($500/semester).

 

Travel - This cost will vary depending on where you live and how often you will travel between Ocala and your home.

 

Several airports are within a 2-hour drive of the Collegium:

  • Jacksonville (116 miles);

  • Gainesville (42 miles);

  • Daytona Beach (81 miles);

  • Orlando (87 miles);

  • Tampa (103 miles).

 

Cell phone, Computer, Clothing, Spending/Miscellaneous - These are all variable depending upon individual circumstances, but they should be part of your budgeting.  These may be costs that you are already paying.  If so, they will not increase your cost of attendance.

Health Insurance - Students are required to have some form of health care coverage.  The Collegium does not provide this.

Use the following Summary Table to build your own budget:

Cost Summary Table

 

 

*Room Utilities  Cost is the average annual cost for electricity of the highest costing unit of 5 2BR-2Bath apartments in the complex.  The exact cost will vary depending on usage.   

This estimate assumes that the utility costs are shared by 4 people in an apartment.

** Room Internet  Estimate uses Century Link service of 100-140Mbps + taxes for 10 months. 

This estimate assumes that the internet service is shared by 4 people in an apartment. 

(Basic cable TV is included with the room, but not internet.)

Financial Aid

The Collegium accepts no government funding.  As a result, our students are not eligible for PELL grants or other forms of government assistance. 

 

Many colleges charge significantly higher rates for tuition, and the discounted portions of that tuition returned in the form of scholarships.   Because our tuition is so low, we cannot engage in this practice.

 

We do offer a 10% discount for the second child from a family.

 

 

Work

Students are expected to work a total of 7 hours/week on assigned duties …..

  • with meals

  • with Heavenly Roast Coffee

  • with the Collegium thrift

  • with cleaning of the academic building 

  • with clerical or computer/media needs

  • Other

 

These work responsibilities are a basic agreement between the student and the Collegium as part of the admission process.

 

Can a student get an additional job off-campus to earn additional money?  That will depend on many factors, including the student’s ability to work and maintain grades at the same time.