Cost of Attendance for LBC | Capital
What is the Cost of Attendance?
The Cost of Attendance (COA) is developed in compliance with the Higher Education Act, section 472. The cost of attendance is an estimate of the expenses you may incur during the academic year. This includes more than tuition and fees that you are billed for by Lancaster Bible College. This is for planning purposes and to determine you initial financial aid offers. It includes the costs associated with a student’s education for the academic year (fall and spring semesters). Additional costs are added if students indicate intention to take or register for summer courses.
These are the areas/definitions included in LBC’s Cost of Attendance:
Tuition and Fees
Tuition and fees are billed by LBC based on a student’s program and the number of classes each semester. Amounts are found here for each student group:
Traditional | Adult Education
Masters | Doctorate
The tuition amount is subject to change if a student’s enrollment is altered or they withdraw from a class.
Books and Supplies
The cost for books and supplies is determined by the average costs for books and supplies needed for Full Time Enrollment each semester and is adjusted based on the number of classes scheduled.
Housing
The cost of housing is estimated using the College Board’s suggestion for off-campus living, the median cost of LBC dorms and apartments for on-campus living, and a reduced standard allowance for dependent students living at home.
Food
Food is based on an LBC meal plan that covers 3 meals per day for the entirety of the time enrolled.
For Independent, off-campus students the food amount is based on the College Board’s guidance of 30% of their suggested budget for the PA & MD regions.
Transportation
The transportation costs for Traditional Undergraduate students are calculated to adequately cover the expected average cost to travel home and also cover daily travel as well as travel to work.
For Global students (Adult Education & Graduate Studies), the cost is based on the College Board’s guidance of 11% of their suggested budget for the PA & MD regions.
Personal Expenses
The personal expenses for Traditional Undergraduate students are calculated to adequately cover the expected average cost of personal items & toiletries, laundry supplies, a mobile phone plan, recreation/entertainment, and health-related expenses.
For Global students (Adult Education & Graduate Studies), the cost is based on the College Board’s guidance of 36% of their suggested budget for the PA & MD regions.