Faith Theological Seminary

In 2012, tuition for full-time students at Faith Theological Seminary was $7,992 a year.

On average, college tuition rises about 3%ba year.

If these numbers sound impossible, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is way less than the total tuition after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until after graduation.

Does Faith Theological Seminary Offer In-State and Out-of-State Tuition?

Faith Theological Seminary is a private, religious institution, so it has the same tuition for residents of Maryland as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency..

Choosing an insitution where you qualify for in-state tuition can save significant money on the overall cost of college. Be sure to check your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live in.

Explore other Maryland colleges

Tuition for International Students at Faith Theological Seminary

Faith Theological Seminary 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 Faith Theological Seminary-specific aid and scholarships.

Faith Theological Seminary Living Expenses and Other Costs

In addition to the cost of tuition, 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 Faith Theological Seminary.

Room and Board Costs at Faith Theological Seminary

Faith Theological Seminary does not offer on-campus housing for students, so there are no charge for dorms, however students should consider other housing costs when estimating the cost of various schools

Meal-plan costs can depend on the numnber of meals you intend to eat on-campus

How Much Do Books Cost at Faith Theological Seminary?

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 used textbooks and materials.

Annual Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs. Full-time undergrads at Faith Theological Seminary pay $400 in fees every year they are enrolled.

Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways so that those who may struggle to participate because of cost can get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Faith Theological Seminary

The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation 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 factors can make a big difference in your transportation budget.

A school's location can impact 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 transportation in an urban area is often costly, but there may be more buses, trains or low-cost flight options to actually get to school. The Faith Theological Seminary campus is in a urban setting in Maryland.

Other College Costs

When you're planning for college, be sure to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.

Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Faith Theological Seminary.

Total Cost of Faith Theological Seminary

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.

Financial Aid at Faith Theological Seminary

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 Faith Theological Seminary financial aid, keep reading, or visit their financial aid website.

Scholarships at Faith Theological Seminary

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Net Cost of Faith Theological Seminary

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 Faith Theological Seminary 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.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Faith Theological Seminary seem more manageable.

What will attending Faith Theological Seminary 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Faith Theological Seminary's net cost calculator on their website.

Faith Theological Seminary Tuition Payment Plans

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.

Faith Theological Seminary Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools 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.

Check the financial aid website for more information on payment plans and tuition waivers.

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