Private 4 Year

CCA Tuition & Cost

Selma, Alabama

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How much does it cost to attend?

Sticker Price
Costs for Concordia College Selma
Fee Cost
Books and Supplies$1,600
Other Fees$400
Room and Board $5,700
Other Expenses Budget$10,000

Annual Prices

The annual list price to attend Concordia College Selma on a full time basis for 2021/2022 is $27,620 for all students regardless of their residency. This fee is comprised of $9,920 for tuition, $5,700 room and board, $1,600 for books and supplies and $400 for other fees. Out of state tuition for Concordia College Selma is $9,920, the same as Alabama residents.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Concordia College Selma when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Concordia College Selma
Family Income Net Price Paid
$0 to $30,000$22,051
$30,001 to $48,000$22,817
$48,001 to $75,000$25,160
$75,001 to $110,000n/a

The average reported annual net price for Concordia College Selma for students receiving grants or scholarship aid was $22,313 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

84% of full-time undergrad Concordia College Selma received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,307 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 63% of students received Federal Student Loans averaging $3,731.

Finanical Aid Concordia College Selma
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,307 84%
Institutional Grants and Scholarships $2,333 84%
Pell Grants $3,190 69%
Other Federal Grants $720 16%
State and Local Grants $466 44%
Federal Student Loans $3,731 63%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Concordia College Selma, we've modeled a ten year student loan with an original principal value of $42,860. The loan balance of $42,860 is a four year multiple of the $10,715 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $409 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $42,860
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $408.93
Total Interest Paid $6,211.80
Sum of All Loan Payments $49,071.80

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $27,620
2 $29,553
3 $31,622
4 $33,836

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Concordia College Selma to be $110,480 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Concordia College Selma
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $415 $1,245 $1,660

Estimated cost for a class at Concordia College Selma based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Concordia College Selma versus other colleges.

Tuition Payment Plans Available

Concordia College Selma Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=101073 IPEDS survey data for Concordia College Selma.