OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Living Arts College Tuition and Fees

Located in Raleigh, North Carolina, Living Arts College is a private university. Across all the courses offered at Living Arts College, the enrolment stands at 234. The school has a total of 23 academic staff. These faculty teach different courses to the students. Speaking of gender distribution, there are around 53% of the students who are females and 47% are males at Living Arts College. At LAC, around 64% of the students are 24 and under. The average earnings, of the graduates, of this ins

$15,324

Tuition

$31,494

Cost of Attendance

$25,824

Net Price

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Living Arts College Tuition and Fees

Living Arts College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at LAC is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $16,600, which includes the total tuition fees and other expenses. While the charges for housing stand at $10,092, the other expenses cost TTbooks_and_supplies.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$16,600	$16,600
Book & Supplies	NA	NA
Room & Board cost	$9,998	$9,998
Other Expenses	$4,896	$4,896
Total Cost of Attendance	$31,494	$31,494

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. For students attending the university, the total tuition and fees for one year add up to about $16,600. In addition to this, the students will be required to pay an average amount of $10,550 toward room and boarding and $6,131 for various other expenses. Therefore, the estimated cost of attendance for one year at LAC is around $33,280, as per the available information.

Average Net Price by Family Income

Net Price

$25,824

Family Income

Avg. Net Price

$0 to $30,000

$25,386

$30,001 to $48,000

$25,970

$48,001 to $75,000

$28,508

$75,001 to $110,000

$28,656

$110,000+

$29,230

The net price of attending Living Arts College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $24,974 at LAC. For students with a family income below $30,000, the estimated net price is $24,942, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $24,285. Meanwhile, the net price stands at $25,127 for the $48,001-$75,000 income bracket and at $27,329 for an income between $75,001 and $110,000.

Student Loans

Example Loans

$99,756

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,035

Total interest paid

$24,474

Sum of Loan Payments

$124,230

To have a realistic understanding of how much it will cost to study at Living Arts College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $99,756 for example. This will result in a $12,423 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $124,230 which is $24,474 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$16,600	$16,600
Room & Board Cost	$9,998	$9,998
Total Tuition & Fees	$26,598	$26,598

For students pursuing undergraduate courses at Living Arts College, the tuition and fees are estimated to be $16,600 per year. Moreover, the applicants must also pay an amount of $10,550 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $33,280 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	N/A

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Living Arts College varies for graduate and undergraduate courses. At LAC, the cost per credit hour for graduate courses is $127.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,998	$10,770
Other Expense	$4,896	$7,017
Book & Supplies	N/A	N/A

As far as the housing and related charges at LAC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $15,183 per year for on-campus housing and $18,180 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $10,092, while the off-campus candidates would need to pay $11,008. Aside from these, the other expenses that students should plan for add up to $5,091 for on-campus candidates and $7,172 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,998

Off Campus

$10,770

Housing & Other Expenses

Other Expenses

On Campus

$4,896

Off Campus

$7,017

Housing & Other Expenses

Book & Supplies

On Campus

N/A

Off Campus

N/A

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Living Arts College is around $166,184 as per official data. In contrast, the total expenses for undergraduate students amounted to $24,974 in 2018-2019, $25,824 in 2017-2018, and $25,336 in 2016-2017.

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