Cornerstone University

In 2022, tuition for full-time students at Cornerstone University was $28,300 a year.

Tuition increased 2.61% in 2023–from $27,580 the prior year. Usually, college tuition goes up about 3% every year.

Remember, the displayed price of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theprice of collegemore manageable until you've finishing school and found a job.

Cornerstone University meets 67% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Cornerstone University is around $21,918 a year.

Graduates in the class of 2023 had an average of $30,776 in student loans per borrower.

Does Cornerstone University Offer In-State and Out-of-State Tuition?

Cornerstone University is a private, religious institution, so it has the same tuition for residents of Michigan as it does for students who live in other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Michigan residents.

Attending a college where you qualify for the reduced tuition offered to state residentscan save significant money on the total cost of attending college. Take the time to check your state's criteria for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. 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 as well, depending on the state you and your parents currently reside in.

Explore other Michigan colleges

Cornerstone University International Student Tuition

Cornerstone University has the same tuition for international students as for those from out of state.

International students are not eligible for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Cornerstone University:

•On-campus jobs •Athletic Awards •Cornerstone University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Cornerstone University Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Cornerstone University.

House and Food Costs at Cornerstone University

Housing and campus dining at Cornerstone University is $11,360 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the school dining halls. Students who do not live on-campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of board-only is $6,200.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Cornerstone University?

The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Transportation costs

The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At Cornerstone University, freshman are allowed to park on campus.

The location of a college or university 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 flip side, transportation in an urban area is often expensive, but cities may offer more trains, busses or low-cost flight options to actually get to school. Cornerstone Universityis located in a suburb in Michigan, near Grand Rapids.

Other Costs

When creating a budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Cornerstone University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Cornerstone University.

Total Cost of Cornerstone University

What will the cost of attending Cornerstone University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$28,300
Room and Board	$11,360
Board Only	$2,700
Other expenses	$2,660

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$42,320
Off-Campus	$33,660

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Cornerstone University Financial Aid

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The majority of Cornerstone University undergrads use financial aid to help pay for school. In 2023, 777 of the 1,433 undergrads enrolled received financial aid. Cornerstone University meets 67% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $21,918 a year. Around 66% of Cornerstone University undergrads take out student loans to cover any remaining costs. Cornerstone University graduates who have student loans graduate with an average of $30,776 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,346
Cornerstone University-Specific Loans	$1,557
Private Loans	$27,554

Most Common Loans for Cornerstone University Students
Federal Loans	65%
Institutional Loans	2%
Private loans	21%

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 Cornerstone University financial aid, keep reading, or visit their financial aid website.

Scholarships at Cornerstone University

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, Cornerstone University awarded 777 need-based scholarships to students, giving away total of $13.1 million to help students with financial need cover the cost of school. An additional $4.18 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Cornerstone University

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 Cornerstone University 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 Cornerstone University was $21,918 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Cornerstone University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$20,402
Off-Campus	$11,742

What will attending Cornerstone University 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 Cornerstone University's net cost calculator on their website.

Cornerstone University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Cornerstone University does not have guaranteed tuition.

Cornerstone University offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Cornerstone University Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Cornerstone University 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.

Cornerstone University's Endowment

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.

As of 2022, the total market value of Cornerstone University's endowment was $16.4 million. The average college endowment was $905 million in 2021. The school spends $7,363 for each full-time student enrolled.

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Learn More About Cornerstone University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

Student Life

Academics

Admissions

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