$6,816

Tuition

N/A

Cost of Attendance

$6,717

Net Price

Luther Rice College & Seminary Tuition and Fees

Luther Rice College & Seminary is known for offering a wide range of undergraduate, postgraduate, and doctoral programs in a variety of streams, providing high-quality education to students. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $8,000, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The books and supplies cost $456, while the other expenses add up to $1,320.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$7,616$7,616
Book & Supplies$530$530
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the 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. The total tuition and fees for students attending Luther Rice College & Seminary come out to be around $8,000 per year. In addition, the students will be needed to pay an average expense of $456 for books and supplies, $14,880 toward room and boarding, and $1,320 for different other expenses in a year. So, the overall cost of attending LRCS comes out to be about $24,656 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$6,717

Family Income

Avg. Net Price

$0 to $30,000

$6,717

$30,001 to $48,000

NA

$48,001 to $75,000

1

$75,001 to $110,000

NA

$110,000+

NA

The net cost of attending Luther Rice College & Seminary – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too.

Student Loans

Example Loans

$53,220

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$552

Total interest paid

$13,057

Sum of Loan Payments

$66,277

To have a realistic understanding of how much it will cost to study at Luther Rice College & Seminary here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $53,220 for example. This will result in a $6,628 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 $66,277 which is $13,057 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$7,616$7,616
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

At Luther Rice College & Seminary, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $8,000 in a year. Moreover, the applicants must also pay an amount of $14,880 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $24,656 per year, based on the available data.

Graduate Tuition and Fees

In-stateOut-State
Tuition$4,932$4,932
Fees$600$600

As for the students looking to enroll in postgraduate programs at LRCS, the tuition and fees they are charged add up to $5,820 per year. This sum includes their graduate tuition of $5,130 and the graduation fees of $690 as well.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$274
Undergraduate2018 - 2019$284

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 Luther Rice College & Seminary varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $97 and for undergraduate courses, it stands at $61. At present, Luther Rice College & Seminary also offers various online programs to students across as many as 5 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$17,312
Other ExpenseN/A$2,320
Book & Supplies$530$530

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $16,200 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $14,880 per year. In addition to that, the candidates will have to pay an amount of about $456 for books and supplies. Apart from these, the other expenses that students should plan for add up to $1,320 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$17,312

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$2,320

Housing & Other Expenses

Book & Supplies

On Campus

$530

Off Campus

$530

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $16,200 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $14,880 per year. In addition to that, the candidates will have to pay an amount of about $456 for books and supplies. Apart from these, the other expenses that students should plan for add up to $1,320 for students who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $9,864 $274
Doctorate $9,810 $327
Bachelors $34,080 $284

Luther Rice College & Seminary offers 8 online programs across 2 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at LRCS are projected to cost around $124,733 as per official data.

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