Cornerstone University

In 2022, tuition for full-time students at Cornerstone University was $27,580 a year.

Tuition increased 2% in 2022–from $27,040 the prior year. Usually, college tuition goes up about 3% every year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

In-state vs. Out-of-state Tuition at Cornerstone University

Cornerstone University is a private, religious institution, which means it has the same tuition for residents of Michigan as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you are eligible for the reduced tuition offered to state residentscan save significant money on the cost of tuition, as well as loans and interest owed. Take the time to verify your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. 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 where you live.

Explore other Michigan colleges

Cornerstone University International Student Tuition

Tuition at Cornerstone University is the same for each student.

Students from outside of the U.S. are not eligible for federal financial aid, but may be eligible for private or Cornerstone University-specific grants, scholarships, and other funding opportunities.. International students with need may qualify 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 Room, Board, 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 budgeting 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 $10,520 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the school dining facilities.

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

Cost of Books at Cornerstone University

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Transportation costs

The total cost of transportation in college can really vary. 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 small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car 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 a city might be costly, but cities may offer more trains, busses and affordable flights to actually get to school. The Cornerstone University campus is in a suburban setting in Michigan, near Grand Rapids.

Other Costs

When budgeting for college, be sure to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Cornerstone University

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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 Cornerstone University.

Total Cost of Cornerstone University

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

2022 Total Tuition and Expenses
Tuition	$27,580
Room and Board	$10,520
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	$44,470
Off-Campus	$33,950

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 2022, 793 of the 1,507 undergrads enrolled received financial aid. Cornerstone University meets 67.2% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $22,421 a year. Around 72% 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 $32,973 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,485
Cornerstone University-Specific Loans	$3,000
Private Loans	$28,984

Most Common Loans for Cornerstone University Students
Federal Loans	71%
Institutional Loans	1%
Private loans	22%

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 2022, Cornerstone University awarded 793 need-based scholarships to students, giving away total of $12.7 million to help students with financial need cover the cost of school. An additional $4.02 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 $22,421 in 2022. 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	$22,049
Off-Campus	$11,529

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

Does Cornerstone University Offer Tuition Waivers?

Schools sometimes waiver tuition for 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, 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.

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Learn More About Cornerstone University

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