K
Private 4 Year

KMBC Tuition & Cost

Vancleve, Kentucky

 1 Reviews

How much does it cost to attend?

Sticker Price
$15,750
Costs for Kentucky Mountain Bible College
Fee Cost
Tuition$8,700
Books and Supplies$500
Other Fees$910
Room and Board $5,140
Other Expenses Budget$500

Annual Prices

The annual list price to attend Kentucky Mountain Bible College on a full time basis for 2018/2019 is $15,750 for all students regardless of their residency. This fee is comprised of $8,700 for tuition, $5,140 room and board, $500 for books and supplies and $910 for other fees. Out of state tuition for Kentucky Mountain Bible College is $8,700, the same as Kentucky 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 Kentucky Mountain Bible College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$9,759
Net Price by Income Kentucky Mountain Bible College
Family Income Net Price Paid
$0 to $30,000$8,797
$30,001 to $48,000$6,556
$48,001 to $75,000$11,898
$75,001 to $110,000$10,726
$110,000+n/a

The average reported annual net price for Kentucky Mountain Bible College for students receiving grants or scholarship aid was $9,759 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

100% of full-time undergrad Kentucky Mountain 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 $5,330 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 75% of students received Federal Student Loans averaging $5,279 and 25% of undergrads took out private student loans averaging $6,850.

Finanical Aid Kentucky Mountain Bible College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,330 100%
Institutional Grants and Scholarships $2,241 100%
Pell Grants $4,496 67%
Other Federal Grants $157 58%
State and Local Grants $0 0%
Federal Student Loans $5,279 75%
Other Student Loans $6,850 25%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Kentucky Mountain Bible College, we've modeled a ten year student loan with an original principal value of $21,960. The loan balance of $21,960 is a four year multiple of the $5,490 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 $210 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 $21,960
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $209.52
Total Interest Paid $3,182.71
Sum of All Loan Payments $25,142.71

Projected 4 Year Degree Price

4 Year Sticker Price
$63,000
Year All Residents
1 $15,750
2 $16,752
3 $17,818
4 $18,952

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Kentucky Mountain Bible College to be $63,000 - assuming graduation in normal time. The estimation assumes a 6.4% 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 Kentucky Mountain Bible College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $290 $870 $1,160

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

Tuition Payment Plans Available

Kentucky Mountain 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=157030 IPEDS survey data for Kentucky Mountain Bible College.