S
Private 4 Year

Southeastern Bible College Tuition & Cost

Birmingham, Alabama

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How much does it cost to attend?

Sticker Price
$20,923
Costs for Southeastern Bible College
Fee Cost
Tuition$12,150
Books and Supplies$1,000
Other Fees$450
Room and Board $4,975
Other Expenses Budget$2,348

Annual Prices

The annual list price to attend Southeastern Bible College on a full time basis for 2018/2019 is $20,923 for all students regardless of their residency. This fee is comprised of $12,150 for tuition, $4,975 room and board, $1,000 for books and supplies and $450 for other fees. Out of state tuition for Southeastern Bible College is $12,150, the same as Alabama residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

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

Average Net Price 2018/2019
$13,171
Net Price by Income Southeastern Bible College
Family Income Net Price Paid
$0 to $30,000$12,887
$30,001 to $48,000n/a
$48,001 to $75,000$16,133
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Southeastern Bible College for students receiving grants or scholarship aid was $13,171 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

88% of full-time undergrad Southeastern Bible College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,389 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 88% of students received Federal Student Loans averaging $6,567.

Finanical Aid Southeastern Bible College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,389 88%
Institutional Grants and Scholarships $2,456 56%
Pell Grants $4,327 56%
Other Federal Grants $400 6%
State and Local Grants $0 0%
Federal Student Loans $6,567 88%
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 Southeastern Bible College, we've modeled a ten year student loan with an original principal value of $48,000. The loan balance of $48,000 is a four year multiple of the $12,000 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 $458 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 $48,000
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $457.97
Total Interest Paid $6,956.75
Sum of All Loan Payments $54,956.75

Projected 4 Year Degree Price

4 Year Sticker Price
$83,692
Year All Residents
1 $20,923
2 $21,394
3 $21,876
4 $22,369

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Southeastern Bible College to be $83,692 - assuming graduation in normal time. The estimation assumes a 2.3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Southeastern Bible College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $405 $1,215 $1,620

Estimated cost for a class at Southeastern Bible College 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 Southeastern Bible College versus other colleges.

Tuition Payment Plans Available

Southeastern Bible College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=102261 IPEDS survey data for Southeastern Bible College.