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Belmont Abbey College, a private Catholic institution in North Carolina, on Tuesday announced a new fellowship program that aims to save students 60 percent on tuition (compared to average tuition at private colleges) by combining in-person and online studies. The Bishop Leo Haid Fellowship program, which launches this summer, plans to enroll 50 students this year and grow to 150 in 2017, a spokesperson for the college said. The students will spend summers on campus and then study online during the fall and spring semesters, graduating in three years. Belmont Abbey bases its tuition savings estimate on the College Board's numbers on average tuition costs at private colleges, meaning the program should cost about $13,000 a year.
