Enter the total number of credit hours you are taking and the total amount of money spent on those hours to determine the cost per credit hour.
Cost Per Credit Hour Formula
The following formula is used to calculate the cost per credit hour.
CPCH = TC / CH
- Where CPCH is the cost per credit hours
- TC is the total cost
- CH is the total credit hours
Cost Per Credit Hour Definition
A cost per credit hour is defined as the average monetary expense for one hour of credit in a college or school.
Cost Per Credit Hour Example
How to calculate a cost per credit hour?
- First, determine the total cost.
Determine your total cost you are paying for the semester.
- Next, determine the number of credit hours.
Determine how many credit hours of class you are studying this semester.
- Finally, calculate the cost per credit hour.
Calculate the cost per credit hour using the equation above.
A credit hour is a measure of the time that a student should spend in a given class per week, semester, or year.