$35,080

Tuition

$47,670

Cost of Attendance

$20,741

Net Price

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Olivet Nazarene University Tuition and Fees

Olivet Nazarene University also provides an online Bachelor's, Masters's degrees. The average tuition fee charged differs from one to another.

The average tuition for a bachelors degree at Olivet is $34,025 while it is $21,000

Majors

The institution offers 4 majors and 15 online programs.

Following are the majors offered by the university:

  • Business Management
  • Education
  • Nursing
  • Theology

Olivet Nazarene University Programs

Following are some of the programs offered:

  • Bachelors of Applied Science of Management
  • Bachelor of Business Administration
  • Master of Organizational Leadership
  • Master of Business Administration-Healthcare
  • Master of Business Administration-Corporate Communications and Media Strategy, and many more.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$36,070$36,070
Book & Supplies$1,000$1,000
Room & Board cost$7,900$7,900
Other Expenses$2,700$2,700
Total Cost of Attendance$47,670$47,670

As shown in the table, the total cost of attendance for in-state and out-state students is $47,670.

Both Illinois residents and students from outside have to pay $36,070 for availing education. 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.

Besides books and supplies and room and boarding costs, there are other expenses that may cost up to $2,700.

Average Net Price by Family Income

Net Price

$20,741

Family Income

Avg. Net Price

$0 to $30,000

$16,713

$30,001 to $48,000

$14,908

$48,001 to $75,000

$17,095

$75,001 to $110,000

$22,288

$110,000+

$24,637

The average net price while attending Cornerstone University is $20,741. 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 $16,713 but those who have a family income of over $110,000 have to pay a net price of $24,637.

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

$72,972

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$757

Total interest paid

$17,903

Sum of Loan Payments

$90,875

To have a realistic understanding of how much it will cost to study at Olivet Nazarene University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $72,972 for example. This will result in a $9,087 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 $90,875 which is $17,903 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$36,070$36,070
Room & Board Cost$7,900$7,900
Total Tuition & Fees$43,970$43,970

As shown in the table above, the UG total tuition and fees for out-state and in-state students are equally calculated at $43,970. Therefore, both Illinois residents and students hailing from outside the state have to pay equal amounts for availing education at Olivet.

Graduate Tuition and Fees

In-stateOut-State
Tuition$11,880$11,880
Fees$100$100

For Graduate School, in-state tuition and out-of-state educational cost and charges are $11,880. The graduate fees for In-state and out-state are the same, i.e., $100.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$440
Undergraduate2018 - 2019$1,462

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 versus different schools.

The undergraduate cost per credit for the previous academic year is $1462 while it is $440 for a graduate program.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$7,900$12,550
Other Expense$2,700$1,000
Book & Supplies$1,000$1,000

Choosing between an on-campus or off-campus room and board depends on the convenience of the student.

The room and board charges for Olivet Nazarene is $12,550. The other expenses are $1,000.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,900

Off Campus

$12,550

Housing & Other Expenses

Other Expenses

On Campus

$2,700

Off Campus

$1,000

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Choosing between an on-campus or off-campus room and board depends on the convenience of the student.

The room and board charges for Olivet Nazarene is $12,550. The other expenses are $1,000.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $10,560 $440
Bachelors NA NA

Olivet Nazarene University offers 15 online programs across 4 Majors.

Explore Programs by Major

Business ManagementNursingEducationTheology

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