$24,290

Tuition

$37,370

Cost of Attendance

$21,160

Net Price

Lancaster Bible College (LBC) Tuition and Fees

Lancaster Bible College is known for offering a wide range of undergraduate, postgraduate, and doctoral 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 LBC is quite moderate. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $26,170, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $9,000, $1,000, and $2,350, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$25,270$25,270
Book & Supplies$1,000$1,000
Room & Board cost$8,750$8,750
Other Expenses$2,350$2,350
Total Cost of Attendance$37,370$37,370

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 Lancaster Bible College come out to be around $26,170 per year. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $8,000 for room and boarding charges, and $2,350 toward other expenses on average in a year. So, the overall cost of attending LBC comes out to be about $37,520 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$21,160

Family Income

Avg. Net Price

$0 to $30,000

$18,067

$30,001 to $48,000

$16,329

$48,001 to $75,000

$19,084

$75,001 to $110,000

$23,048

$110,000+

$24,920

As for the net cost for attending LBC, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. 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 LBC, the average net price is estimated to be around $22,402. For students with a family income below $30,000, the estimated net price is $18,669, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $18,237. The amount stands at $21,557 for an annual income between $48,001 and $75,000, $22,526 for the $75,001-$110,000 income bracket, and $26,198 for a family income above $110,000.

Student Loans

Example Loans

$76,804

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$797

Total interest paid

$18,843

Sum of Loan Payments

$95,647

To have a realistic understanding of how much it will cost to study at Lancaster Bible College (LBC) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $76,804 for example. This will result in a $9,565 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 $95,647 which is $18,843 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$25,270$25,270
Room & Board Cost$8,750$8,750
Total Tuition & Fees$34,020$34,020

For students pursuing undergraduate courses at Lancaster Bible College, the tuition and fees are estimated to be $26,170 per year. They would also be required to pay around $8,000 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $37,520.

Graduate Tuition and Fees

In-stateOut-State
Tuition$10,230$10,230
Fees$3,300$3,300

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at LBC, the amount totals around $11,430. This includes $10,440 for the graduate tuition as well as an amount of $990 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$535
Undergraduate2018 - 2019$793

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 Lancaster Bible College varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $190 and the undergraduate cost per credit hour at $201. Lancaster Bible College also offers a wide range of online programs across 32 different majors for students at present.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$8,750$7,000
Other Expense$2,350$2,350
Book & Supplies$1,000$1,000

Now, coming to the lodging and related expenses at LBC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $11,350 per year, while students have to pay $9,350 a year for off-campus housing. The room and boarding charges for on-campus students come to around $9,000, while the off-campus candidates would need to pay $7,000. On the other hand, the charges toward books and supplies come to around $1,000. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,350.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,750

Off Campus

$7,000

Housing & Other Expenses

Other Expenses

On Campus

$2,350

Off Campus

$2,350

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Now, coming to the lodging and related expenses at LBC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $11,350 per year, while students have to pay $9,350 a year for off-campus housing. The room and boarding charges for on-campus students come to around $9,000, while the off-campus candidates would need to pay $7,000. On the other hand, the charges toward books and supplies come to around $1,000. Apart from these, the other expenses that a candidate needs to plan for add up to around $2,350.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors $52,200 $435
Associate $52,200 $435
Certificate $13,050 $435
Certificate $13,050 $435

Lancaster Bible College (LBC) offers 9 online programs across 4 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $190,120. To note, the total expenses for undergraduate students stood at $22,402 for 2018-2019, $21,160 for 2017-2018, and $21,312 for 2016-2017.

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