Latin American Bible Institute's tuition & fees has increased from $7,200 (2020) to $12,320 (2024), and the rate of tuition increase is 71.11% over the past 10 years.
The 2024 tuition & fees have significantly risen this year (more than 10%) at Latin American Bible Institute.
Latin American Bible Institute's tuition increase rate is higher than the California's average increase rate of 18.05%. 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 56.34% from 2020 ($14,500).
For the current academic year 2023-2024, Latin American Bible Institute's COA is $22,670, which is increased by 16.14% from last year.
The following table and chart show changes to Latin American Bible Institute's COA over the past 4 years.
Tuition & Fees Changes
The tuition & fees have increased 71.11% for the last 4 years , and the 2024 tuition & fees are $12,320. The following table and chart show the tuition & fees changes at Latin American Bible Institute over last the 4 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $650, and it has increased 30.00% from the year 2020 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2020-21 | $500 | - |
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| 2021-22 | - | - |
|---|
| 2022-23 | $600 | - |
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| 2023-24 | $650 | 8.33% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 40.58% when a student lives on-campus facilities and 84.42% when living-off campus from the year 2020 to 2024. The following table shows the changes in living costs at Latin American Bible Institute.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2020-21 | $6,800 | $13,704 | - |
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| 2021-22 | - |
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| 2022-23 | $8,400 | $24,500 | - |
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| 2023-24 | $9,700 | $25,550 | 15.48% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Latin American Bible Institute and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Latin American Bible Institute | $12,320 | $10,520 | 17.11% |
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| University of Southern California | $68,237 | $64,726 | 5.42% |
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| University of the People | $1,200 | $1,200 | - |
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| National University | $13,320 | $13,320 | - |
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| Stanford University | $62,484 | $58,416 | 6.96% |
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| Northcentral University | $12,594 | $12,594 | - |
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