Cost Details
- In-State Tuition
- $9,400
- Out-of-State Tuition
- $9,400
- Average Net Price
- $25,140
- Students Receiving Financial Aid
- 30.9%
- Room & Board (On Campus)
- $11,310
- Room & Board (Off Campus)
- $13,839
- Books & Supplies
- $1,004
- Total Cost of Attendance
- $21,714
- Median Debt at Graduation
- $15,675
- Estimated Monthly Loan Payment
- $166/mo
- Loan Repayment Rate
- 61.2%
- Students Taking Federal Loans
- 26.3%
- Pell Grant Recipients
- 30.9%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $23,177 |
| $30,001 – $48,000 | $25,389 |
| $48,001 – $75,000 | $25,809 |
| $75,001 – $110,000 | $26,718 |
| $110,001+ | $31,765 |
Cost Estimator
Cost Overview
Families at Midwestern Baptist Theological Seminary pay an average net price of $25,140 per year, though this varies widely by income. Students from families earning under $30,000 pay about $23,177 annually, while those from families making over $110,000 pay $31,765. Over four years, that means total costs range from about $93,000 to $127,000.
The seminary keeps tuition low at $9,400 for everyone, but room and board adds $11,310. Most students graduate with manageable debt loads. The median debt of $15,675 translates to monthly payments of $166, which is reasonable given that graduates earn a median of $50,535 ten years later. Only 30.92% of students receive federal financial aid, and just 3.29% get institutional grants averaging $5,774. Students preparing for ministry careers get the best deal here, since the school's mission keeps costs lower than most private colleges while training them for stable, if modest, church leadership roles.
The seminary keeps tuition low at $9,400 for everyone, but room and board adds $11,310. Most students graduate with manageable debt loads. The median debt of $15,675 translates to monthly payments of $166, which is reasonable given that graduates earn a median of $50,535 ten years later. Only 30.92% of students receive federal financial aid, and just 3.29% get institutional grants averaging $5,774. Students preparing for ministry careers get the best deal here, since the school's mission keeps costs lower than most private colleges while training them for stable, if modest, church leadership roles.
Official Net Price Calculator
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