$8,960

Tuition

$22,990

Cost of Attendance

$21,506

Net Price

SUM Bible College and Theological Seminary Tuition and Fees

SUM Bible College and Theological Seminary is known for offering a wide range of undergraduate and postgraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at SBCTS is quite moderate. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at SUM Bible College and Theological Seminary comes to around $10,604, which includes tuition and other expenses as well. While housing costs $7,380, the charges for books and supplies and other expenses stand at $900 and $4,746, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$9,964$9,964
Book & Supplies$900$900
Room & Board cost$7,380$7,380
Other Expenses$4,746$4,746
Total Cost of Attendance$22,990$22,990

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. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. The total tuition and fees for students attending SUM Bible College and Theological Seminary come out to be around $10,604 per year. Other than that, they will need to shell out an amount of $900 for books and supplies, $10,336 for room and boarding charges, and $4,746 toward other expenses on average in a year. So, the overall cost of attending SBCTS comes out to be about $26,586 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$21,506

Family Income

Avg. Net Price

$0 to $30,000

$20,191

$30,001 to $48,000

$20,746

$48,001 to $75,000

$23,249

$75,001 to $110,000

$25,974

$110,000+

$25,130

As for the net cost for attending SBCTS, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. 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 SBCTS, the average net price is estimated to be $18,489. The net price for students with an annual family income below $30,000 is reported to be around $16,911. For the individuals who come under the $30,001-$48,000 income category, the net cost is $18,867. Meanwhile, the net price stands at $21,070 for the $48,001-$75,000 income bracket and at $21,056 for an income between $75,001 and $110,000. This amount adds up to $21,168 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$73,444

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$762

Total interest paid

$18,019

Sum of Loan Payments

$91,463

To have a realistic understanding of how much it will cost to study at SUM Bible College and Theological Seminary here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $73,444 for example. This will result in a $9,146 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 $91,463 which is $18,019 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$9,964$9,964
Room & Board Cost$7,380$7,380
Total Tuition & Fees$17,344$17,344

At SUM Bible College and Theological Seminary, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $10,604 per year. Moreover, the applicants must also pay an amount of $10,336 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $26,586.

Graduate Tuition and Fees

In-stateOut-State
Tuition$5,760$5,760
Fees$704$704

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at SBCTS, the amount totals around $6,969. This includes $6,240 for the graduate tuition as well as an amount of $729 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$240
Undergraduate2018 - 2019$280

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 SUM Bible College and Theological Seminary varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $116 and the undergraduate cost per credit hour at $81. Also, SUM Bible College and Theological Seminary currently offers a number of online courses to students across 3 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,380$13,293
Other Expense$4,746$4,746
Book & Supplies$900$900

As far as the housing and related charges at SBCTS are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $12,126 per year for on-campus housing and $18,039 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $7,380 per year, while the amount charged for off-campus candidates stands at $13,293. In addition to that, the candidates will have to pay an amount of about $900 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $4,746.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,380

Off Campus

$13,293

Housing & Other Expenses

Other Expenses

On Campus

$4,746

Off Campus

$4,746

Housing & Other Expenses

Book & Supplies

On Campus

$900

Off Campus

$900

As far as the housing and related charges at SBCTS are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $12,126 per year for on-campus housing and $18,039 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $7,380 per year, while the amount charged for off-campus candidates stands at $13,293. In addition to that, the candidates will have to pay an amount of about $900 for books and supplies. Meanwhile, the other expenses that a student needs to plan for add up to $4,746.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $9,964 NA
Bachelors $9,964 NA

SUM Bible College and Theological Seminary offers 4 online programs across 1 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at SBCTS are projected to cost around $133,401 as per official data. For undergraduate students, the total expenses added up to $18,489 in 2018-2019, $21,506 in 2017-2018, and $22,304 in 2016-2017.

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