#6 Best Private Colleges in Kentucky

Cumberland College Tuition & Cost

Williamsburg, Kentucky

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How much does it cost to attend?

Sticker Price
Costs for University of the Cumberlands
Fee Cost
Books and Supplies$0
Other Fees$0
Room and Board $9,300
Other Expenses Budget$5,709

Annual Prices

The annual list price to attend University of the Cumberlands on a full time basis for 2020/2021 is $24,884 for all students regardless of their residency. This fee is comprised of $9,875 for tuition, $9,300 room and board, $0 for books and supplies and $0 for other fees. Out of state tuition for University of the Cumberlands is $9,875, the same as Kentucky residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend University of the Cumberlands 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 University of the Cumberlands
Family Income Net Price Paid
$0 to $30,000$11,477
$30,001 to $48,000$11,939
$48,001 to $75,000$13,547
$75,001 to $110,000$16,147

The average reported annual net price for University of the Cumberlands for students receiving grants or scholarship aid was $13,764 in 2019/2020. 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

99% of full-time undergrad University of the Cumberlands received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $9,868 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 62% of students received Federal Student Loans averaging $4,646 and 2% of undergrads took out private student loans averaging $7,166.

Finanical Aid University of the Cumberlands
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $9,868 99%
Institutional Grants and Scholarships $3,664 90%
Pell Grants $4,696 54%
Other Federal Grants $1,088 84%
State and Local Grants $4,999 60%
Federal Student Loans $4,646 62%
Other Student Loans $7,166 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of the Cumberlands, we've modeled a ten year student loan with an original principal value of $61,980. The loan balance of $61,980 is a four year multiple of the $15,495 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 $591 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 $61,980
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $591.36
Total Interest Paid $8,982.91
Sum of All Loan Payments $70,962.91

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $24,884
2 $26,626
3 $28,490
4 $30,484

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of the Cumberlands to be $99,536 - 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 University of the Cumberlands
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $335 $1,005 $1,340

Estimated cost for a class at University of the Cumberlands 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 University of the Cumberlands versus other colleges.

Tuition Payment Plans Available

University of the Cumberlands 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=156541 IPEDS survey data for University of the Cumberlands.