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Private 4 Year

SUM Bible College and Theological Seminary Tuition & Cost

Oakland, California

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How much does it cost to attend?

Sticker Price
$23,630
Costs for SUM Bible College and Theological Seminary
Fee Cost
Tuition$9,600
Books and Supplies$900
Other Fees$1,004
Room and Board $7,380
Other Expenses Budget$4,746

Annual Prices

The annual list price to attend SUM Bible College and Theological Seminary on a full time basis for 2018/2019 is $23,630 for all students regardless of their residency. This fee is comprised of $9,600 for tuition, $7,380 room and board, $900 for books and supplies and $1,004 for other fees. Out of state tuition for SUM Bible College and Theological Seminary is $9,600, the same as California 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 SUM Bible College and Theological Seminary when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$18,489
Net Price by Income SUM Bible College and Theological Seminary
Family Income Net Price Paid
$0 to $30,000$16,911
$30,001 to $48,000$18,867
$48,001 to $75,000$21,070
$75,001 to $110,000$21,056
$110,000+$21,168

The average reported annual net price for SUM Bible College and Theological Seminary for students receiving grants or scholarship aid was $18,489 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

76% of full-time undergrad SUM Bible College and Theological Seminary received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,372 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 68% of students received Federal Student Loans averaging $6,844.

Finanical Aid SUM Bible College and Theological Seminary
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,372 76%
Institutional Grants and Scholarships $2,345 76%
Pell Grants $5,644 53%
Other Federal Grants $511 11%
State and Local Grants $0 0%
Federal Student Loans $6,844 68%
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 SUM Bible College and Theological Seminary, we've modeled a ten year student loan with an original principal value of $73,444. The loan balance of $73,444 is a four year multiple of the $18,361 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 $701 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 $73,444
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $700.74
Total Interest Paid $10,644.41
Sum of All Loan Payments $84,088.41

Projected 4 Year Degree Price

4 Year Sticker Price
$94,520
Year All Residents
1 $23,630
2 $24,721
3 $25,862
4 $27,055

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at SUM Bible College and Theological Seminary to be $94,520 - assuming graduation in normal time. The estimation assumes a 4.6% 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 SUM Bible College and Theological Seminary
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $300 $900 $1,200

Estimated cost for a class at SUM Bible College and Theological Seminary 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 SUM Bible College and Theological Seminary versus other colleges.

Tuition Payment Plans Available

SUM Bible College and Theological Seminary Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=447953 IPEDS survey data for SUM Bible College and Theological Seminary.