$23,000

Tuition

$36,772

Cost of Attendance

$20,301

Net Price

Cornerstone University (CU) Tuition and Fees

A few of the programs and courses provided at CU include Associate of Science in Business Studies, A.S. Biblical studies, Accounting, Audio production, and so on. The total costs of different programs vary from each other.

Cornerstone University has been recognized as one of the top 50 affordable Christian colleges by Christian Universities Online. Cornerstone University is highly dedicated to making the process of education affordable for the students.

For the academic year 2018-19, students had to pay a total amount of $36,772 for attaining education at CU, irrespective of their residency. Other expenses in the form of Books and Supplies, and Room and Board cost up to $800 and $9,300 respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$23,000$23,000
Book & Supplies$800$800
Room & Board cost$9,300$9,300
Other Expenses$2,172$2,172
Total Cost of Attendance$36,772$36,772

As shown in the table, the total cost of attendance for in-state and out-state students is the same.

Both Michigan residents and students from outside Michigan have to pay $36,772 for availing education at CU. Total Cost of attendance is an accumulation of varying costs such as cost of tuition and fees, books and supplies, room and board, and so on.

The tuition and fees for both in-state and out-state students are estimated to be $24,500. Besides books and supplies nad room and boarding costs, there are other expenses that may cost up to $2,172.

Average Net Price by Family Income

Net Price

$20,301

Family Income

Avg. Net Price

$0 to $30,000

$17,600

$30,001 to $48,000

$14,865

$48,001 to $75,000

$19,615

$75,001 to $110,000

$21,579

$110,000+

$23,906

The average net price while attending Cornerstone University is $20,461. Net Price depends on factors such as family income and financial needs.

Net price is indicative of what it actually costs to attend Cornerstone University when typical grants and scholarships are considered

As shown in the table, the net price paid by those students who have a family income from $0 to $30,000 is only $17,600 but those who have a family income of over $110,000 have to pay a net price of $23,906.

This is done to facilitate the students who come from low-income families so that they don’t have to face any hardship while getting their degree.

Student Loans

Example Loans

$65,216

Stafford Loan Interest

4%

Time to Pay off Student Loan

N/A

Example monthly payment

$676

Total interest paid

$16,000

Sum of Loan Payments

$81,216

To have a realistic understanding of how much it will cost to study at Cornerstone University (CU) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $65,216 for example. This will result in a $8,112 payment to be made each year. We can assume that the interest rate is 4% post any refinancing or consolidation activities with a NA repayment plan. Then the total payment made towards the loan is $81,216 which is $16,000 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$23,000$23,000
Room & Board Cost$9,300$9,300
Total Tuition & Fees$33,800$33,800

As shown in the table above, the UG total tuition and fees for out- state and in-state students are equally calculated at $33,800. Therefore, both Michigan residents and students hailing from outside the state have to pay equal amounts for availing education in CU.

Graduate Tuition and Fees

In-stateOut-State
Tuition$13,200$13,200
Fees$790$790

As for the students looking to enroll in postgraduate programs at CU, the tuition and fees they are charged add up to $14,470 per year. This includes $13,680 for the graduate tuition as well as an amount of $790 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$550
Undergraduate2018 - 2019$942

It should be noted that not all schools permit single class enlistment.

These costs ought to be utilized for correlation purposes with regards to the amount it might cost to take a class at Cornerstone University versus different schools.

The undergraduate cost per credit for the previous academic year is $942 while it is $550 for a graduate program.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$9,300$9,300
Other Expense$2,172$2,172
Book & Supplies$800$800

Choosing between an on-campus or off-campus room and board depends on the convenience of the student. As shown above, the cost of room and boarding and other expenses for both in-state and out-state students are $9,300 and $2,172 respectively.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,300

Off Campus

$9,300

Housing & Other Expenses

Other Expenses

On Campus

$2,172

Off Campus

$2,172

Housing & Other Expenses

Book & Supplies

On Campus

$800

Off Campus

$800

Choosing between an on-campus or off-campus room and board depends on the convenience of the student. As shown above, the cost of room and boarding and other expenses for both in-state and out-state students are $9,300 and $2,172 respectively.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $19,680 $410
Masters NA NA
Associate $21,080 $340
Doctorate $39,000 $650
Graduate Certificate $9,660 $460

Cornerstone University (CU) offers 21 online programs across 7 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at CU are projected to cost around $190,123 as per official data. In comparison, the total expenses for undergraduate students stood at $19,923 for 2018-2019, $20,461 for 2017-2018, and $20,475 for 2016-2017.

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