Cost to Attend Grace College of Divinity

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Grace College of Divinity
Fayetteville, North Carolina

Annual Costs

Undergraduate Tuition

Tuition for Grace College of Divinity is $6,000 for the 2021/2022 academic year. This is 80% cheaper than the national average private non-profit four year college tuition of $30,365. The cost is 70% cheaper than the average North Carolina tuition of $19,719 for 4 year colleges. Tuition ranks 16th in North Carolina amongst 4 year colleges for affordability and is the 52nd most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $210 in addition to tuition bringing the total effective in-state tuition to $6,210.

Housing Costs

Grace College of Divinity doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Fayetteville area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $9,369.

Books and Supplies

The estimated annual cost for books and supplies is $600.

Other Living Expenses

Off-campus students should budget for $6,101 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Grace College of Divinity was $22,280 for the 2021/2022 academic year. The cost is the same for all students regardless of North Carolina residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $11,082.

Citation: Price data from the U.S. Department of Education's 2022 IPEDS survey response for Grace College of Divinity and represent reported costs for the 2021-2022 academic year.

Costs and Tuition for Grace College of Divinity
Estimated Budgets
North Carolina Resident Total Budget (Living Off Campus)$22,280
   In-State Tuition$6,000
   Other Fees$210
   Off-Campus Housing Budget$9,369
   Off-Campus Other Budget$6,101
   Books and Supplies$600
North Carolina Resident Total Budget (Living with Parents)$11,082
   In-State Tuition$6,000
   Other Fees$210
   Family Provided Room and Board$0
   With-Family Other Living Budget$4,272
   Books and Supplies$600
Non-Resident Total Budget (Living Off Campus)$22,280
   Out-of-State Tuition$6,000
   Other Fees$210
   Off-Campus Housing Budget$9,369
   Off-Campus Other Budget$6,101
   Books and Supplies$600
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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $22,280 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Grace College of Divinity net price for in-state students is $11,548* for the 2019/2020 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

100% of Grace College of Divinity students received grant aid in 2019/2020. The average total aid amount was $3,736. 50 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $5,332. To apply for a Pell Grant to attend Grace College of Divinity, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Grace College of Divinity
Financial Aid Summary
Average Annual Net Price$11,548*
Percent of Students Receiving Grant Aid100%
Average Total Grant Aid$3,736
Percent of Students Receiving Pell Grants50%
Average Amount of Pell Grant Aid$5,332

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2019/2020 academic year.

Family Income Avg. Net Price
$0 to $30,000$8,782
$30,001 to $48,000$8,782
$48,001 to $75,000$8,782
$75,001 to $110,000$13,605
$110,000+n/a

Average Financial Aid Mix - $22,280 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $22,280. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

23%
42%
35%
Grants and Scholarships
23% - $3,736

Money granted to you by the U.S. Department of Education, Grace College of Divinity or other organizations. These are not loans and do not need to be repaid.

Federal Loans
42% - $6,752

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket
35% -  $5,691

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Grace College of Divinity
Milligan College361.7% more expensive
Virginia Intermont College309% more expensive
Polytechnic Institute of New York University567.7% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Grace College of Divinity.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Grace College of Divinity is $89,120 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $111,400 or $0 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Grace College of Divinity.

North Carolina Resident Tuition Per Semester$3,000
North Carolina Resident Total Cost Per Semester$11,140

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Grace College of Divinity are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Grace College of Divinity
Price per credit hour$200
Cost for one class (3 credit hours)$600
Cost for one class (4 credit hours)$800

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Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Grace College of Divinity in the future? In the past four years, this school's published in-state tuition and fee total rose from $4,080 to $6,000. This amounts to an average annual price increase of 9.4%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $89,120.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Grace College of Divinity.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2028$30,640$122,561
Estimated Cost in 10 years for students enrolling in 2033$39,106$156,422
Estimated Cost in 15 years for students enrolling in 2038 $49,910$199,639
Estimated Cost in 18 years for students enrolling in 2041 $57,777$231,107

Calculators

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About Grace College of Divinity

Grace College of Divinity is a four year private college located in Fayetteville, North Carolina.  The school is affiliated with the Other Protestant faith.  Full time enrollment is 76 and part time is 159.  Grace College of Divinity has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about Grace College of Divinity at CollegeSimply.

Only undergraduate degrees are offered at this school.

Address
Grace College of Divinity
5117 Cliffdale Road
Fayetteville, North Carolina
28314-2343

For Profit / Not For Profit Status

Grace College of Divinity is a private not for profit institution.

Grace College of Divinity cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=461528 IPEDS survey data. Data last updated February 2023 and reflects academic year 2021/2022 costs reported by the school.