#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$1,300
Other Fees$1,180
Room and Board $7,300
Other Expenses Budget$2,850

Annual Prices

The annual list price to attend Maranatha Baptist Bible College on a full time basis for 2018/2019 is $28,110 for all students regardless of their residency. This fee is comprised of $15,480 for tuition, $7,300 room and board, $1,300 for books and supplies and $1,180 for other fees. Out of state tuition for Maranatha Baptist Bible College is $15,480, the same as Wisconsin 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 Maranatha Baptist Bible College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Maranatha Baptist Bible College
Family Income Net Price Paid
$0 to $30,000$16,361
$30,001 to $48,000$17,184
$48,001 to $75,000$17,903
$75,001 to $110,000$22,868

The average reported annual net price for Maranatha Baptist Bible College for students receiving grants or scholarship aid was $19,399 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

89% 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 $6,680 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 40% of students received Federal Student Loans averaging $4,824 and 3% of undergrads took out private student loans averaging $9,783.

Finanical Aid Maranatha Baptist Bible College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,680 89%
Institutional Grants and Scholarships $4,390 83%
Pell Grants $3,981 47%
Other Federal Grants $121 40%
State and Local Grants $2,892 12%
Federal Student Loans $4,824 40%
Other Student Loans $9,783 3%

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 $668 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 $70,064
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $668.49
Total Interest Paid $10,154.54
Sum of All Loan Payments $80,218.54

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $28,110
2 $29,523
3 $31,008
4 $32,567

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 $112,440 - assuming graduation in normal time. The estimation assumes a 5% 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 $645 $1,935 $2,580

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.