Excelsior’s pricing scheme can be confusing to people used to traditional colleges where everything is rolled together. Students pay a yearly fee to be enrolled in Excelsior College, which covers the administrative costs associated with their degree programs. Since courses do not have to be taken through Excelsior, tuition is paid directly to the schools the class is taken at. Excelsior’s own online classes are reasonably priced, less than two hundred dollars per credit, and financing is available for students who need it. If you enrolled in Excelsior using FAFSA, you need to take your courses through Excelsior.
Overall, Excelsior’s wide acceptance of budget-friendly credit-by-examination programs reduces the cost of earning a college degree through them. Their own Excelsior College Examinations cost about a third of what their corresponding courses do.