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Lancaster, Pennsylvania

Lancaster Bible College Tuition & Cost

How much does it cost to attend?

Sticker Price
$34,680
Costs for Lancaster Bible College
Fee Cost
Tuition$21,900
Books and Supplies$1,000
Other Fees$680
Room and Board $8,750
Other Expenses Budget$2,350

Annual Prices

The annual list price to attend Lancaster Bible College on a full time basis for 2017/2018 is $34,680 for all students regardless of their residency. This fee is comprised of $21,900 for tuition, $8,750 room and board, $1,000 for books and supplies and $680 for other fees. Out of state tuition for Lancaster Bible College is $21,900, the same as Pennsylvania residents.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Sponsored

Net Price

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

Average Net Price 2017/2018
$21,312
Net Price by Income Lancaster Bible College
Family Income Net Price Paid
$0 to $30,000$16,519
$30,001 to $48,000$17,736
$48,001 to $75,000$19,834
$75,001 to $110,000$22,838
$110,000+$24,345

The average reported annual net price for Lancaster Bible College for students receiving grants or scholarship aid was $21,312 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Lancaster Bible College
Type Avg./Student Students Receiving
Annual Total Grant Aid $10,823 100%
Pell Grant $3,755 38%
Federal Student Loan $5,451 79%

The average reported annual net price for Lancaster Bible College for students receiving grants or scholarship aid was $21,312 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Lancaster Bible College, we've modeled a ten year student loan with an original principal value of $76,804. The loan balance of $76,804 is a four year multiple of the $19,201 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 $802 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 4.7%.

Example Loan $76,804
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $801.92
Total Interest Paid $19,426.57
Sum of All Loan Payments $96,230.57

Projected 4 Year Degree Price

4 Year Sticker Price
$138,720
Year All Residents
1 $34,680
2 $36,622
3 $38,672
4 $40,838

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Lancaster Bible College to be $138,720 - assuming graduation in normal time. The estimation assumes a 5.6% 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 Lancaster Bible College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $753 $2,259 $3,012

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

Tuition Payment Plans Available

Lancaster 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=213400 IPEDS survey data for Lancaster Bible College.