Cost of Attendance
Mars Hill University 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 MHU is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $34,118, which includes the total tuition fees and other expenses. The housing facilities cost $9,878, while the other expenses add up to $1,850.
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. The total tuition and fees for students attending Mars Hill University come out to be around $34,118 per year. Besides that, they will also need to shell out an amount of $8,837 for room and board charges and $1,850 toward other expenses on average in a year. So, the overall cost of attending MHU comes out to be about $44,804 per year, according to the most recent information available.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net cost of attending Mars Hill 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. So, it all essentially depends on the family income bracket of the student. At MHU, the average net price is estimated to be around $14,967. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $18,662. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $15,678. On the other hand, an estimated net cost of $16,517 is charged for the $48,001-$75,000 income bracket, $21,037 for the $75,001-$110,000 income category, and $25,982 for an annual family income more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Mars Hill University
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $75,228
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Mars Hill University, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $34,118 in a year. Moreover, the applicants must also pay an amount of $8,837 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $44,804.
Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at MHU, the amount totals around $10,999. Interestingly, the students at Mars Hill University are not required to pay any graduation fees.
The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Mars Hill University varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $183 and the undergraduate cost per credit hour at $262. Also, Mars Hill University currently offers a number of online courses to students across 39 different majors.
As far as the housing and related charges at MHU are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $11,778 per year for on-campus housing and $9,596 a year for off-campus lodging facilities. Besides, on-campus candidates will have to pay about $9,878 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $7,796. Aside from these, the other expenses that students should plan for add up to $1,900 for on-campus candidates and $1,800 for students who are off-campus.
Housing & Other Expenses
Room & Boards
Book & Supplies
As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $225,774. For undergraduate students, the total expenses added up to $14,967 in 2018-2019, $15,976 in 2017-2018, and $17,197 in 2016-2017.
Raleigh, North Carolina
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