Maranatha Baptist University Tuition 2024| The College Monk

$14,250

Tuition

$26,630

Cost of Attendance

$17,974

Net Price

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Maranatha Baptist University Tuition and Fees

Maranatha Baptist University is a prominent educational institution known for offering a range of undergraduate, postgraduate, and doctoral programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at MBU is quite moderate compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $16,660, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. While housing costs $7,300, the charges for books and supplies and other expenses stand at $1,300 and $2,850, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$15,410	$15,410
Book & Supplies	$1,300	$1,300
Room & Board cost	$7,100	$7,100
Other Expenses	$2,820	$2,820
Total Cost of Attendance	$26,630	$26,630

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. What's more, at Maranatha Baptist University, the total tuition and fees for the enrolled students come out to be around $16,660 in a year. In addition, the students will be needed to pay an average expense of $1,300 for books and supplies, $9,065 toward room and boarding, and $2,850 for different other expenses in a year. So, the overall cost of attending MBU comes out to be about $29,875 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$17,974

Family Income

Avg. Net Price

$0 to $30,000

$15,706

$30,001 to $48,000

$15,779

$48,001 to $75,000

$17,397

$75,001 to $110,000

$17,183

$110,000+

$21,529

The net cost of attending Maranatha Baptist University – 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. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At MBU, the average net price is estimated to be $19,399. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $16,361. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $17,184. The amount stands at $17,903 for an annual income between $48,001 and $75,000, $22,868 for the $75,001-$110,000 income bracket, and $22,069 for a family income above $110,000.

Student Loans

Example Loans

$70,064

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$727

Total interest paid

$17,189

Sum of Loan Payments

$87,253

To have a realistic understanding of how much it will cost to study at Maranatha Baptist University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $70,064 for example. This will result in a $8,725 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 $87,253 which is $17,189 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	$15,410	$15,410
Room & Board Cost	$7,100	$7,100
Total Tuition & Fees	$22,510	$22,510

For students pursuing undergraduate courses at Maranatha Baptist University, the tuition and fees are estimated to be $16,660 per year. Alongside that, they will likewise need to shell out around $9,065 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at MBU adds up to $29,875.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$7,360	$7,360
Fees	$560	$560

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at MBU, the amount totals around $7,290. Of this amount, $6,840 accounts for the graduate tuition and the remaining $450 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$470
Undergraduate	2018 - 2019	$594

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 Maranatha Baptist University varies for graduate and undergraduate courses. The cost per credit hour for graduate degrees sits at $121, while that of undergraduate degrees is $128, as per the 2019-2020 fee structure. At present, Maranatha Baptist University also offers various online programs to students across as many as 35 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,100	$10,710
Other Expense	$2,820	$2,820
Book & Supplies	$1,300	$1,300

Moving on to the housing and related expenses at Maranatha Baptist University, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $10,150 per year, whereas, the cost for off-campus lodging is $13,680 a year. For on-campus students at the university, the room and board charges total around $7,300 per year, while the amount charged for off-campus candidates stands at $10,830. On the other hand, the charges toward books and supplies come to around $1,300. Meanwhile, the other expenses that a student needs to plan for add up to $2,850.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,100

Off Campus

$10,710

Housing & Other Expenses

Other Expenses

On Campus

$2,820

Off Campus

$2,820

Housing & Other Expenses

Book & Supplies

On Campus

$1,300

Off Campus

$1,300

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Bachelors	$51,712	$404
Associate	$25,856	$404
Masters	$12,928	$404
Undergraduate Certificate	$9,696	$404

Maranatha Baptist University offers 20 online programs across 8 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Maranatha Baptist University is around $151,060 as per official data. In contrast, the total expenses for undergraduate students amounted to $19,399 in 2018-2019, $17,974 in 2017-2018, and $18,152 in 2016-2017.

Explore Programs by Major

Business Management Programs

Bachelor of Science

Tuition

Credits

Bachelor of Science in Business Administration

Type: online

Total Cost : $ 51712

Cost per credit: $ 404

Total Credits: 128

Maranatha Baptist University Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

Explore Programs by Major

Business Management Programs

Interdisciplinary Studies Programs

Criminal Justice Programs

Education Programs

Applied Science Programs

Theology Programs

Media Studies Programs

Human Services Programs

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