Midwestern Baptist Theological Seminary Cost & Financial Aid
Affordability Summary
Cost varies significantly by family income. Use the breakdown below to estimate your net price.
Cost Calculator
What You'll Pay at Midwestern Baptist Theological Seminary
Select your family income to see your estimated cost
The Cost Formula
Tuition
$10K
+
Room
$10K
+
Books
$994
=
Sticker Price
$29,080
$10K+$10K+$994=$29,080
Your Family Income
Sticker
$29,080
−
Your Aid
$6,379
=
Net Price
$22,701
All Income Levels
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
Midwestern Baptist Theological Seminary Cost of Attendance and Financial Aid Summary
Cost Category
Amount
Total Cost of Attendance (Sticker Price)
$29,080
Tuition and Fees
$10,120
Room and Board
$9,971
Books and Supplies
$994
Average Financial Aid (Grants and Scholarships)
-$6,074
Average Net Price (What Families Pay)
$23,006
Midwestern Baptist Theological Seminary Net Price by Family Income Level
Family Income
Net Price
$0–30k
$19,818
$30–48k
$21,659
$48–75k
$22,701
$75–110k
$26,461
$110k+
$26,870
Understanding Your Aid Package
Midwestern Baptist Theological Seminary has a sticker price of $29,080 per year, but most students pay significantly less after financial aid. The actual cost depends heavily on your family's income level.
Key Facts
Sticker price: $29,080/year
Average aid: $6,074 in grants & scholarships
~$22,701/year
Student Debt & Repayment
How much students borrow and whether debt is manageable given outcomes.
Typical Debt
Median Student Debt$15,675
Range (25th–75th)$3,000 – $16,250
Median Parent PLUS Loans$10,162
Debt Manageability
0.25x
Debt-to-Earnings Ratio
Debt is well below typical first-year earnings — generally considered very manageable.
3-Year Default Rate0.0%
Return on Investment
How cost compares to graduate earnings and value added.
Median Earnings (10yr)
$50,535
Earnings Growth
+27%
6 → 10 years post-graduation
Earnings Range (10yr post-graduation)
$33,088
25th %ile
$65,816
75th %ile
Frequently Asked Questions about Midwestern Baptist Theological Seminary Cost & Financial Aid
Midwestern Baptist Theological Seminary's published tuition is $29,080 per year. However, after financial aid, the average student pays $22,701—a difference of $6,379.
Families earning under $30,000 pay an average net price of $19,818 at Midwestern Baptist Theological Seminary. 30% of students receive Pell Grants.
Midwestern Baptist Theological Seminary offers merit-based scholarships for academic achievement, in addition to need-based financial aid. Contact the financial aid office for specific scholarship opportunities.
The median debt for Midwestern graduates is $15,675, resulting in estimated monthly payments of $166 over 10 years.
Even families earning over $110,000 pay an average net price of $26,870 at Midwestern—still $2,210 less than the sticker price. Most families qualify for some form of aid.
