ROSSLYN, Va., March 22, 2017 /PRNewswire-USNewswire/ -- A 2017 report by CollegeCalc (www.collegecalc.org) shows that tuition at the University of Management and Technology (www.umtweb.edu) is 38% cheaper than the national average for private 4-year colleges and 49% cheaper than the average for Virginia 4-year colleges.
How can UMT make its degree so affordable? There is no smoke-and-mirror trickery, just effective educational practice:
- As an online university, UMT is not encumbered with many burdensome expenses traditional brick-and-mortar schools face. It does not need a large campus to host residential students. It has no classrooms or sports facilities. It does not pay for campus-wide utilities, such as heating and air conditioning.
- Recognizing that many adult learners have carried out their studies at multiple institutions, UMT allows up to 75% credit transfer for undergraduates and 50% credit transfer for graduate students. Students do not need to pay a second time for courses they have already taken.
- For active-duty military students and veterans, its affordable tuition is further reduced by 40% through its military scholarship program. Book costs are covered through UMT's military book loan program. Military students get their degrees with no out-of-pocket expenses.
- Continual upgrading of its technology infrastructure generates operational efficiencies that are unthinkable in most schools, which are burdened by bloated bureaucracies. Students are assigned a student portal that provides them with a one-stop-shopping experience: through the portal they can enroll in courses 24/7; pay their bills; access their classes; submit assignments; take exams; review transcripts; access the e-library; interact with fellow students; and more. The effective use of technology keeps payroll costs down and provides students with streamlined and timely responses to their needs.
There is more to UMT's programs than low tuition. Of special significance is the flexibility they offer. Courses are self-paced, meaning students who work diligently to complete their coursework can finish their classes faster, while students who are juggling work and family responsibilities can study at a more relaxed pace. In both cases, students are held to the same high academic standards. UMT is also flexible in designing degree programs for students through its innovative system of Individual Learning Plans: Working with student counselors, students customize their studies to reflect their past learning experience and career aspirations.
Bottom line: UMT (www.umtweb.edu) offers great value where value = affordability + flexibility + quality
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SOURCE University of Management and Technology