Average Annual Tuition at University of Missouri-Columbia
The latest data we have for University of Missouri-Columbia's annual average net costs are from 2018. These costs and and the average Missouri 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|
|University of Missouri-Columbia||$9,972||$27,042||$21,500||$18,480|
As you can see, annual costs at University of Missouri-Columbia 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 Missouri as well. Missouri's' higher education costs rose by 5.7% in just the last 10 years, ranking as the 49th highest state.
University of Missouri-Columbia Financial Assistance
40% of students enrolled at University of Missouri-Columbia receive some form of Federal loan assistance. You can view University of Missouri-Columbia'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 there are monetary penalties imposed when withdrawn for other uses.
Missouri’s direct-sold 529 savings plan is managed by Ascensus College Savings and uses mutual funds from Vanguard. Missouri's advisor-sold plan closed in May 2016 and all assets were moved to the direct-sold plan.
|State Plan Name:||MOST 529 College Savings Plan|
|Maximum Contribution:||up to $325,000 per beneficiary, across accounts|
|Fees:||No enrollment or account fees; 0.15% to 0.23% program management fee|
Missouri School Statistics
We've analyzed all other higher education schools in MO, and wrapped it up nicely into a report for you. View our MO analysis report.
There are 12 other accredited public schools located in the state of Missouri. You can view all MO schools here.