Miller-Motte College-Arizona Automotive Institute
2 Year Degrees
Satellite Campus
Southwest Region
http://www.aai.edu/
Average Annual Tuition at Miller-Motte College-Arizona Automotive Institute
The latest data we have for Miller-Motte College-Arizona Automotive Institute's annual average net costs are from 2021. These costs and and the average Arizona schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Miller-Motte College-Arizona Automotive Institute | $20,663 | $20,663 | $15,917 | $32,829 |
| AZ Average | $0 | $0 | $10,373 | $16,890 |
As you can see, annual costs at Miller-Motte College-Arizona Automotive Institute have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Arizona as well. Arizona's' higher education costs rose by 92.4% in just the last 10 years, ranking as the 2nd highest state.
Miller-Motte College-Arizona Automotive Institute Financial Assistance
66% of students enrolled at Miller-Motte College-Arizona Automotive Institute receive some form of Federal loan assistance. You can view Miller-Motte College-Arizona Automotive Institute's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Arizona offers two direct-sold 529 college savings plans, one managed by College Savings Bank offering FDIC-insured options, and another managed by Fidelity Investments featuring its mutual funds along with a bank savings option. A third Arizona 529 plan, managed by Ivy Investment Management Company, is advisor-sold.
| State Plan Name: | Arizona Family College Savings Program |
|---|---|
| Minimum Contribution: | $50 |
| Maximum Contribution: | up to $453,000 in total account balances per beneficiary; earnings continue to accrue on the balance. |
| Fees: | Investment fees run between 0.05% to 1.16%, depending on your strategy. |
Arizona School Statistics
We've analyzed all other higher education schools in AZ, and wrapped it up nicely into a report for you. View our AZ analysis report.
There are 55 other accredited private schools located in the state of Arizona. You can view all AZ schools here.