DegreeCalc

College Costs in Mentor-on-the-Lake, OH 2026

Compare tuition, housing, and financial aid across 2 colleges in Mentor-on-the-Lake, Ohio. Use our free calculator to estimate your total cost.

Avg Public Tuition

$11,000

per year

Avg Private Tuition

$34,000

per year

Avg Rent Near Campus

$548

per month

Colleges & Universities

2

institutions

Mentor-on-the-Lake Overview

Population

24,000

Student Population

1,534 (6.4%)

Cost of Living Index

101.1 (avg: 100)

Walk Score

39/100

Transit Score

15/100

Unemployment Rate

3.6%

College Cost Calculator for Mentor-on-the-Lake

Cost Inputs

Total Cost (4 Years, Public In-State)

$96,424

Total After Financial Aid

$96,424

Annual Cost

$24,106

Annual After Aid

$24,106

Cost Breakdown (4 Years)

Tuition$44,000
Room & Board$52,424

If Financed (10-Year Loan at 6.5%)

Loan Amount$96,424
Monthly Payment$1,095
Total Interest$34,961
Total Loan Cost$131,385

Universities in Mentor-on-the-Lake

UniversityTypeAnnual Tuition
Mentor-on-the-Lake State UniversityPublic$11,942
Mentor-on-the-Lake Community CollegeCommunity$5,324

Mentor-on-the-Lake has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Mentor-on-the-Lake vs. National Average

CategoryMentor-on-the-LakeNational AvgDifference
Public Tuition (In-State)$11,000$10,940+$60
Monthly Rent Near Campus$548$1,050-$502
Cost of Living Index101.1100+1.0999999999999943

Mentor-on-the-Lake's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Mentor-on-the-Lake

39

Walk Score

Car-Dependent

15

Transit Score

Minimal Transit

6.4%

Student Population

1,534 students

Mentor-on-the-Lake has a total population of 24,000, with approximately 1,534 college students (6.4% of the population). While not primarily a college town, Mentor-on-the-Lake offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Mentor-on-the-Lake

$30,427

Starting Salary

3.6%

Unemployment Rate

47%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Mentor-on-the-Lake earn a median starting salary of $30,427, which is -$4,573 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $96,424 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $11,725 per student per year, the net cost and payback period can be significantly reduced.

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