KMBC's tuition & fees has increased from $7,290 (2014) to $10,060 (2024), and the rate of tuition increase is 38.00% over the past 10 years.
KMBC's tuition increase rate is higher than the Kentucky's average increase rate of 9.16%. 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 27.71% from 2014 ($12,865).
For the current academic year 2023-2024, KMBC's COA is $16,430, which is decreased by -0.36% from last year.
The following table and chart show changes to KMBC's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 38.00% for the last 10 years , and the 2024 tuition & fees are $10,060. The following table and chart show the tuition & fees changes at Kentucky Mountain Bible College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $500, and it has not changed since 2014.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $500 | - |
|---|
| 2015-16 | $500 | |
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| 2016-17 | $500 | |
|---|
| 2017-18 | $500 | |
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| 2018-19 | $500 | |
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| 2019-20 | $500 | |
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| 2020-21 | $500 | |
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| 2021-22 | $500 | |
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| 2022-23 | $500 | |
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| 2023-24 | $500 | |
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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 11.54% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Kentucky Mountain Bible College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $5,075 | $6,200 | - |
|---|
| 2015-16 | $5,250 | $6,200 | 3.45% |
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| 2016-17 | $5,350 | $6,250 | 1.90% |
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| 2017-18 | $5,450 | $6,300 | 1.87% |
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| 2018-19 | $5,550 | $6,300 | 1.83% |
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| 2019-20 | $5,640 | $6,300 | 1.62% |
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| 2020-21 | $5,690 | $7,250 | 0.89% |
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| 2021-22 | $5,690 | $7,250 | |
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| 2022-23 | $5,930 | $7,250 | 4.22% |
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| 2023-24 | $5,870 | $7,250 | -1.01% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Kentucky Mountain Bible College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Kentucky Mountain Bible College | $10,060 | $10,060 | - |
|---|
|
| University of the Cumberlands | $9,875 | $9,875 | - |
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|
| Campbellsville University | $26,990 | $26,100 | 3.41% |
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|
| The Southern Baptist Theological Seminary | $13,086 | $12,000 | 9.05% |
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|
| Lindsey Wilson College | $27,274 | $26,228 | 3.99% |
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|
| Bellarmine University | $46,780 | $45,630 | 2.52% |
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