MICA provides three undergraduate budget categoies based on a student's living arrangement:
1) Students living in campus housing
2) Students living off campus
3) Students living with a parent
For students living in campus housing, the housing allowance is based on a standard double occupancy room rate. The food allowance includes MICA's standard meal plan estimate of approximately $4,300, along with an additional allowance for food and basic living expenses.
In Addition to tuition, fees, housing, and food, the Cost of Attendance also includes estimated allowances for books, course materials, supplies, equipment, transportation, miscellaneous personal expenses, and federal loan fees.
These budgets are intended to provide a reasonable estimate of educational expenses for financial aid eligibility purposes and may not reflect a student's actual billed charges or personal spending choices.
Cost of Attendance
MICA's Cost of Attendance (COA) represents an estimate of the total educational costs a student may incur during the Fall 2026 and Spring 2027 academic year. The COA includes both direct costs billed by the college and indirect educational expenses students may reasonably incur while enrolled.
Cost Breakdown
| On Campus | Off-Campus | Off-Campus Student with Parent | |
|---|---|---|---|
| Tuition | 58,310 | 58,310 | 58,310 |
| Student life fee | 1,375 | 1,375 | 1,375 |
| Tech fee | 810 | 810 | 810 |
| Housing | 13,000 | 15,273 | 3,100 |
| Food (Meal plan: $4,300 plus additional food allowance: $4,136) | 8,436 | 8,436 | 2,575 |
| Books, course materials, supplies and equipment | 1,545 | 1,545 | 1,545 |
| Miscellaneous personal expenses | 1,030 | 1,030 | 1,030 |
| Transportation | 1,030 | 1,135 | 1,135 |
| Federal loan fees* | 900 | 950 | 900 |
| Total | 86,436 | 88,864 | 70,780 |
*Applicable to federal student loan borrowers only