On average, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't the final cost for attending college. Many students find the actual cost of college is way less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make theprice of collegefeel more doable until after graduation.
Central Baptist College meets 62% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Central Baptist College is around $15,214 a year.
The average student debt for graduates in the class of 2023 was around $25,335 per student, not including those with no debt.
Central Baptist College is a private, religious institution, which means it has the same tuition for residents of Arkansas as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as Arkansas residents.
Choosing an insitution where you are eligible for in-state tuition can save on the total cost of attending college. Don't forget to verify your state's requirements for as an in-state resident. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements too, depending on the state you and your parents currently live in.
Explore other Arkansas colleges
Central Baptist College has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but may qualify for private or Central Baptist College-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Central Baptist College:
•On-campus jobs •Athletic Awards •Central Baptist College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Central Baptist College.
Board costs vary based on on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use public transportation? All of these factors can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city could be expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Central Baptist College campus is in a town in Arkansas, near Little Rock.
When you're planning for college, be sure to take into account personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Central Baptist College.
What will the cost of attending Central Baptist College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
Central Baptist College’s tuition and fees change based on: •Course load for both full and part-time students
The majority of Central Baptist College undergrads use financial aid to finance their education. In 2023, 424 of the 583 undergrads enrolled received financial aid. Central Baptist College meets 62% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $15,214 a year. Around 66% of Central Baptist College undergrads take out student loans to cover any remaining costs. Central Baptist College graduates who have student loans graduate with an average of $25,335 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $25,345 |
Private Loans | $25,000 |
Most Common Loans for Central Baptist College Students | |
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Federal Loans | 64% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Central Baptist College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Central Baptist College awarded 345 need-based scholarships to students, giving away total of $4.7 million to help students with financial need cover the cost of school.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Central Baptist College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Central Baptist College was $15,214 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Central Baptist College seem more manageable.
What will attending Central Baptist College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Central Baptist College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Central Baptist College has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about Central Baptist College's endowment, check with the school directly.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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