College Factual  by our College Data Analytics Team
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Is Luther Rice a Good School for the Money?

$29,250 Avg Annual Cost

College Factual’s Best for the Money Rankings compare the quality of a Luther Rice degree with its cost to decide whether the school is asking a fair price. Here is how Luther Rice measures up.

Luther Rice’s Best Value Majors

Among the majors Luther Rice offers, these rank best for value nationally.

Major National Value Rank
Bible/Biblical Studies #1 of 45
Biblical Studies #1 of 45
Philosophy and Religious Studies #1 of 45
Theology & Religious Vocations #3 of 94

Luther Rice College & Seminary Value Report

Unfortunately, College Factual was unable to determine the value ranking of Luther Rice due to a lack of data.

The Bottom Line: What Will Luther Rice Cost?

$29,250 Avg Annual Cost (All Students)
$31,680 Sticker Price Per Year
$117,000 Est. 4-Year Cost

Averaged across all students — those who receive aid and those who pay full price — a year at Luther Rice costs about $29,250. Over a standard four-year bachelor's program, that adds up to an estimated $117,000 for the degree.

Amount
Sticker Price (before aid) $31,680 / year
Net Price (students receiving aid) $27,883 / year
Average Cost (all students) $29,250 / year
Estimated 4-Year Cost $117,000

*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.

Many Factors Affect Net Price

There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about Luther Rice net price and the factors that affect it.

Does This School Make Financial Sense to You?

What Luther Rice costs you depends on how much aid you receive, so few students fit perfectly into averages.

50% Freshmen Receiving Aid
$4,666 Avg Grant / Scholarship
64% Undergrads Getting Grants

*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.

You can also see how the average net price at Luther Rice shifts with family income:

Family Income Avg Net Price / Year
$0–$30K $6,232
$30K–$48K $3,073
$48K–$75K $2,500

About 64% of Luther Rice undergraduates receive grant or scholarship aid, averaging $4,666 per year. Get more details on the Luther Rice financial aid you may qualify for.

How to Calculate Value

College Factual calculates value by comparing a school’s average total cost to other schools of a similar quality. Unfortunately we did not have enough data to determine the value of Luther Rice. See the net price page for more information.

Read the full Best for the Money Ranking Methodology.

References

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