2007-2008 Expense Statement

The costs of tuition, fees, room, and board at Ouachita Baptist University are among the most economical of private universities in the nation. Ouachita represents an affordable, yet superior, private education guided by Christian influences and ideals.

8 semester rate
Tuition	$ 8,780
Fees	195
Room & Board	2,700
Per semester	$11,675
Annual	$23,350

Students may choose one of the following payment options:

1) A student's account may be paid in full by registration each semester.

2) The balance due after verified financial aid may be paid in monthly installments over the course of a semester with a $35 per semester handling charge. The first payment is due at the student's initial registration in August or January (First-time students enrolling in August will be required to pay three monthly installments by registration, and students enrolling in January will be required to pay two monthly installments by registration) and the remainder may be paid in monthly installments due on the 15th of each month with the final payment due by November 15th in the fall, and May 15th in the spring semester.  Any account not paid in full by the completion of the appropriate semester will be charged interest on a monthly basis at a rate equal to 1% above the Bloomberg Financial Services Prime Rate. 

Students who do not pay in full by registration or sign up for the monthly payment plan will be charged a late fee until the balance is paid in full, or an alternative payment agreement is made with the Business Office.  Also, please note that payments (not including financial aid) will be applied to previously outstanding charges before they will be applied to current semester charges.

Additional charges such as music fees, traffic fines, private room and tuition overload, along with hourly rates for part-time students, may be spread over the semester they are incurred, and thus become part of the monthly installment plan.

Fees for May term, summer sessions, and winter mini-terms are due upon enrollment for those terms. 

The Office of Student Financial Aid provides a comprehensive program that includes merit-based and need-based scholarships, as well as grants, loans, and part-time campus employment designed to help eligible students.

For additional information, contact the Business Office.