#12 Best Private Colleges in Wisconsin

MBBC Tuition & Cost

Watertown, Wisconsin

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How much does it cost to attend?

Sticker Price
Costs for Maranatha Baptist Bible College
Fee Cost
Books and Supplies$1,380
Other Fees$1,250
Room and Board $7,980
Other Expenses Budget$3,000

Annual Prices

The annual tuition to attend Maranatha Baptist Bible College is $16,800. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $7,980. For educational materials, students should allocate approximately $1,380 for books and supplies plus $1,250 for other fees charged by the school. Finally, students should budget $3,000 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Maranatha Baptist Bible College on a full-time basis is $30,410 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Maranatha Baptist Bible College, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
Net Price by Income Maranatha Baptist Bible College
Family Income Net Price Paid
$0 to $30,000$16,804
$30,001 to $48,000$17,509
$48,001 to $75,000$20,671
$75,001 to $110,000$23,363

The average reported annual net price for Maranatha Baptist Bible College for students receiving grants or scholarship aid was $19,999 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

93% of full-time undergrad Maranatha Baptist 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 $8,340 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 48% of students received Federal Student Loans averaging $4,976 and 6% of undergrads took out private student loans averaging $11,509.

Finanical Aid Maranatha Baptist Bible College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $8,340 93%
Institutional Grants and Scholarships $4,842 78%
Pell Grants $4,693 54%
Other Federal Grants $962 61%
State and Local Grants $2,883 20%
Federal Student Loans $4,976 48%
Other Student Loans $11,509 6%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Maranatha Baptist Bible College, we've modeled a ten year student loan with an original principal value of $70,064. The loan balance of $70,064 is a four year multiple of the $17,516 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 $743 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 4.99%.

Example Loan $70,064
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $742.80
Total Interest Paid $19,071.40
Sum of All Loan Payments $89,135.40

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $30,410
2 $32,128
3 $33,943
4 $35,860

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Maranatha Baptist Bible College to be $121,640 - 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 Maranatha Baptist Bible College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $700 $2,100 $2,800

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

Tuition Payment Plans Available

Maranatha Baptist 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=239071 IPEDS survey data for Maranatha Baptist Bible College.