Understanding the cost per credit hour can help students plan their education expenses more effectively. With this calculator, you can quickly estimate how much each credit hour will cost, including tuition and any additional fees.
How to Calculate Cost Per Credit Hour
Follow these simple steps to determine your cost per credit hour:
- Enter the total tuition cost for your program or semester.
- Input the total number of credit hours you will be taking.
- Optionally, add any additional fees, such as student services or activity fees.
- Click 'Calculate Cost Per Credit Hour' to get your result.
Formula Used
The formula for calculating cost per credit hour is:
- Cost Per Credit Hour = (Total Tuition + Additional Fees) ÷ Total Credit Hours
This formula divides the total cost (including tuition and additional fees) by the total number of credit hours to give you the cost per credit hour.
Example Calculation
If your total tuition is $10,000, additional fees are $500, and you're taking 15 credit hours, the calculation would be:
Cost Per Credit Hour = ($10,000 + $500) ÷ 15 = $10,500 ÷ 15 = $700
This means each credit hour costs $700.