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What Does It Cost to Attend Elim Bible Institute and College?

Below is the data on what it actually costs to attend Elim Bible Institute and College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$19,182.00 Cost of Attendance
$8,840.00 Avg Net Price
$9,241.00 Median Grad Debt

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How Much Does It Cost to Attend Elim Bible Institute and College?

Published attendance costs at Elim Bible Institute and College is about $19,182.00 a year.

Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.

What It Costs Students (no aid)

Tuition and fees $10,480.00
+ Room, board & other expenses $8,702.00
Total cost $19,182.00
That is 42% below the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $19,182.00
− Grants and scholarships −$10,790.00
Net price $8,392.00
That is 74% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $19,182.00
− Grants and scholarships −$14,374.00
Net price $4,808.00
That is 85% below the national average net price.
Go deeper on the components with tuition and fees and room and board.

Estimating the Total Cost of a Degree at Elim Bible Institute and College

Costs have trended upward in recent years at about 1.7% annually, so the projections below total more than one year of attendance. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. The repayment figures use a ten-year loan at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.7% 1.7% 1.7%
Freshman year $4,888.00 $8,532.00 $19,502.00
Senior year $5,137.00 $8,967.00 $20,496.00
Total 4-year net price $20,048.00 $34,993.00 $79,985.00
10-year loan interest @ 6.8% $7,638.00 $13,331.00 $30,472.00
Total monthly payment $231.00 $403.00 $920.00
Total amount paid $27,686.00 $48,324.00 $110,457.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.7% 1.7% 1.7%
Freshman year $4,888.00 $8,532.00 $19,502.00
Senior year $4,970.00 $8,675.00 $19,828.00
Total 2-year net price $9,858.00 $17,207.00 $39,330.00
10-year loan interest @ 6.8% $3,756.00 $6,555.00 $14,983.00
Total monthly payment $113.00 $198.00 $453.00
Total amount paid $13,614.00 $23,762.00 $54,314.00

See the full net-price breakdown in the Net Price section.

After-Aid Net Price at Elim Bible Institute and College

Net price strips out grant and scholarship aid to show what families really pay. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $8,840.00
Average net price (off-campus) $9,641.00

Net price is far from uniform: lower-income families typically pay much less after aid. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $5,667.00
$30,000 to $48,000 $6,462.00
$48,001 to $75,000 $7,371.00
$75,001 to $110,000 $15,368.00
Over $110,000 $17,432.00

Use Elim Bible Institute and College Net Price Calculator, or get in touch with the financial aid office.

Dig into how aid is awarded on the grants & scholarships detail.

Debt at Graduation from Elim Bible Institute and College

The typical debt load for borrowers leaving Elim Bible Institute and College comes to $9,241.00, placing the school in the Very Low (<$10k) debt-burden bucket.

For the full borrowing and repayment picture, see the student loan debt page.

How Borrowers Repay Loans After Elim Bible Institute and College

The default-rate classification at Elim Bible Institute and College is Low (<5%).

For a sense of scale, Stafford disbursements at Elim Bible Institute and College total $1,081,331.00 covering 143 recipients.

Things to Think About

The data above is a foundation; round it out by asking yourself about Elim Bible Institute and College, consider the following:

Keep Researching on Elim Bible Institute and College

For a closer look at any of these topics, follow the links below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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