Faith Theological Seminary's tuition & fees has increased from $5,800 (2014) to $8,392 (2020), and the rate of tuition increase is 44.69% over the past 10 years. The graduate school tuition & fees has raised from $5,455 (year 2014) to $7,510 (year 2020).
The 2020 tuition & fees have significantly risen this year (more than 10%) at Faith Theological Seminary.
Faith Theological Seminary's tuition increase rate is higher than the Maryland's average increase rate of 44.40%. Compare to all colleges in United States, it's increase rate is higher 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 3.54% from 2014 ($30,850).
For the current academic year 2023-2024, Faith Theological Seminary's COA is $31,942, which is increased by 4.18% from last year.
The following table and chart show changes to Faith Theological Seminary's COA over the past 6 years.
On-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have increased 44.69% for the last 6 years , and the 2024 tuition & fees are $7,992. The following table and chart show the tuition & fees changes at Faith Theological Seminary over last the 6 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $600, and it has increased 33.33% from the year 2014 to 2020.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $450 | - |
|---|
| 2015-16 | $400 | -11.11% |
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| 2016-17 | $400 | |
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| 2017-18 | $400 | |
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| 2018-19 | $600 | 50.00% |
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| 2019-20 | $600 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased -3.77% when living-off campus from the year 2014 to 2020. The following table shows the changes in living costs at Faith Theological Seminary.
| Year | Living Off Campus | Change by Year |
|---|
| 2014-15 | $24,600 | - |
|---|
| 2015-16 | $22,950 | -6.71% |
|---|
| 2016-17 | $23,300 | 1.53% |
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| 2017-18 | $23,300 | |
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| 2018-19 | $23,300 | |
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| 2019-20 | $22,950 | -1.50% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Faith Theological Seminary and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Faith Theological Seminary | $8,392 | $8,392 | - |
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|
| Johns Hopkins University | $62,840 | $60,480 | 3.90% |
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|
| Loyola University Maryland | $55,480 | $53,430 | 3.84% |
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|
| Stevenson University | $39,708 | $38,738 | 2.50% |
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|
| McDaniel College | $49,647 | $46,800 | 6.08% |
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| Mount St. Mary's University | $47,240 | $45,870 | 2.99% |
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