$33,360

Tuition

$47,430

Cost of Attendance

$23,053

Net Price

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$34,330$34,330
Book & Supplies$1,170$1,170
Room & Board cost$10,260$10,260
Other Expenses$1,670$1,670
Total Cost of Attendance$47,430$47,430

Average Net Price by Family Income

Net Price

$23,053

Family Income

Avg. Net Price

$0 to $30,000

$16,921

$30,001 to $48,000

$19,629

$48,001 to $75,000

$20,607

$75,001 to $110,000

$23,373

$110,000+

$26,123

Student Loans

Example Loans

$84,448

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$876

Total interest paid

$20,718

Sum of Loan Payments

$105,166

To have a realistic understanding of how much it will cost to study at Covenant College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $84,448 for example. This will result in a $10,517 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 $105,166 which is $20,718 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$34,330$34,330
Room & Board Cost$10,260$10,260
Total Tuition & Fees$44,590$44,590

Graduate Tuition and Fees

In-stateOut-State
Tuition$15,552$15,552
Fees$216$216

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$648
Undergraduate2018 - 2019$1,430

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$10,260$4,580
Other Expense$1,670$1,670
Book & Supplies$1,170$1,170

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,260

Off Campus

$4,580

Housing & Other Expenses

Other Expenses

On Campus

$1,670

Off Campus

$1,670

Housing & Other Expenses

Book & Supplies

On Campus

$1,170

Off Campus

$1,170

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