Private 4 Year

Benedict College Tuition & Cost

Columbia, South Carolina

 0 Reviews

How much does it cost to attend?

Sticker Price
Costs for Benedict College
Fee Cost
Books and Supplies$1,000
Other Fees$2,600
Room and Board $6,600
Other Expenses Budget$2,202

Annual Prices

The annual list price to attend Benedict College on a full time basis for 2020/2021 is $27,002 for all students regardless of their residency. This fee is comprised of $14,600 for tuition, $6,600 room and board, $1,000 for books and supplies and $2,600 for other fees. Out of state tuition for Benedict College is $14,600, the same as South Carolina 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 Benedict College 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 Benedict College
Family Income Net Price Paid
$0 to $30,000$12,724
$30,001 to $48,000$11,699
$48,001 to $75,000$12,927
$75,001 to $110,000$14,940

The average reported annual net price for Benedict College for students receiving grants or scholarship aid was $12,155 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

100% of full-time undergrad Benedict 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 $15,845 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 56% of students received Federal Student Loans averaging $6,256 and 1% of undergrads took out private student loans averaging $14,025.

Finanical Aid Benedict College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $15,845 100%
Institutional Grants and Scholarships $11,239 91%
Pell Grants $5,324 71%
Other Federal Grants $2,039 13%
State and Local Grants $5,450 27%
Federal Student Loans $6,256 56%
Other Student Loans $14,025 1%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Benedict College, we've modeled a ten year student loan with an original principal value of $65,184. The loan balance of $65,184 is a four year multiple of the $16,296 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 $622 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 $65,184
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $621.93
Total Interest Paid $9,447.27
Sum of All Loan Payments $74,631.27

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $27,002
2 $28,892
3 $30,915
4 $33,079

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Benedict College to be $108,008 - 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 Benedict College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $603 $1,809 $2,412

Estimated cost for a class at Benedict 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 Benedict College versus other colleges.

Tuition Payment Plans Available

Benedict 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=217721 IPEDS survey data for Benedict College.