BAC's tuition & fees has increased from $18,500 (2014) to $19,500 (2024), and the rate of tuition increase is 5.41% over the past 10 years. The graduate school tuition & fees has raised from - (year 2014) to $17,624 (year 2024).
The 2024 tuition & fees have risen more than 5% this year (2024) at Belmont Abbey College.
BAC's tuition increase rate is higher than the North Carolina's average increase rate of 4.51%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 10.59% from 2014 ($32,694).
For the current academic year 2023-2024, BAC's COA is $36,156, which is increased by 5.23% from last year.
The following table and chart show changes to BAC's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 5.41% for the last 10 years , and the 2024 tuition & fees are $19,500. The following table and chart show the tuition & fees changes at Belmont Abbey College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,700, and it has increased 41.67% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,000 | -16.67% |
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| 2022-23 | $1,000 | |
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| 2023-24 | $1,700 | 70.00% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 15.10% when a student lives on-campus facilities and 14.74% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Belmont Abbey College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $12,994 | $11,366 | - |
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| 2015-16 | $12,994 | $11,366 | |
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| 2016-17 | $13,254 | $11,366 | 2.00% |
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| 2017-18 | $13,194 | $11,900 | -0.45% |
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| 2018-19 | $13,194 | $11,900 | |
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| 2019-20 | $13,286 | $11,900 | 0.70% |
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| 2020-21 | $13,290 | $11,900 | 0.03% |
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| 2021-22 | $14,490 | $11,900 | 9.03% |
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| 2022-23 | $14,858 | $12,000 | 2.54% |
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| 2023-24 | $14,956 | $13,500 | 0.66% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Belmont Abbey College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Belmont Abbey College | $19,500 | $18,500 | 5.41% |
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|
| Duke University | $65,805 | $62,688 | 4.97% |
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|
| Wake Forest University | $64,758 | $62,128 | 4.23% |
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| Elon University | $44,536 | $42,241 | 5.43% |
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| High Point University | $44,208 | $41,916 | 5.47% |
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| Campbell University | $40,410 | $39,230 | 3.01% |
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