Faith International University Tuition 2021| The College Monk

$7,425

Tuition

N/A

Cost of Attendance

$18,426

Net Price

Faith International University Tuition and Fees

Faith International 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 FIU is quite moderate compared to the expense of education at most institutions. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Faith International University comes to around $8,550, which includes tuition and other expenses as well. While books and supplies cost $900, the charges for other expenses stand at $3,720.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$7,875	$7,875
Book & Supplies	$900	$900
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Faith International University, the total tuition and fees for the enrolled students come out to be around $8,550 in a year. In addition, the students will be needed to pay an average expense of $900 for books and supplies, $7,660 toward room and boarding, and $3,720 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at FIU is around $20,830, as per the available information.

Average Net Price by Family Income

Net Price

$18,426

Family Income

Avg. Net Price

$0 to $30,000

$18,843

$30,001 to $48,000

$19,362

$48,001 to $75,000

$75,001 to $110,000

$110,000+

The net price of attending Faith International University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At FIU, the average net price is estimated to be around $16,217. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $16,411. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $18,398. Meanwhile, the net price stands at $18,722 for students whose annual family income is between $48,000 and $75,000.

Student Loans

Example Loans

$73,780

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$766

Total interest paid

$18,101

Sum of Loan Payments

$91,881

To have a realistic understanding of how much it will cost to study at Faith International University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $73,780 for example. This will result in a $9,188 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 $91,881 which is $18,101 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	$7,875	$7,875
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Faith International University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $8,550 per year. Alongside that, they will likewise need to shell out around $7,660 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $20,830 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$7,200	$7,200
Fees	$450	$450

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at FIU, the amount stands at $8,450 per year. This sum includes their graduate tuition of $8,000 and the graduation fees of $450 as well.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$225
Undergraduate	2018 - 2019	$165

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 Faith International University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $140 and the undergraduate cost per credit hour at $65. Faith International University also offers a wide range of online programs across 6 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$7,340
Other Expense	N/A	$3,720
Book & Supplies	$900	$900

Moving on to the housing and related charges, students who wish to stay off-campus will have to pay around $11,380 per year. Notably, there are no on-campus lodging facilities available for students at the university. For off-campus students at the university, the room and board charges total about $7,660 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $900. The other expenses that students need to plan for come to around $3,720 for candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$7,340

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$3,720

Housing & Other Expenses

Book & Supplies

On Campus

$900

Off Campus

$900

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Bachelors	$28,800	$160

Faith International University offers 3 online programs across 2 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 Faith International University is around $104,845 as per official data. To note, the total expenses for undergraduate students stood at $16,217 for 2018-2019, $18,426 for 2017-2018, and $15,520 for 2016-2017.