Updated

A Boston-area businessman is planning to open a new four-year college in the city with a focus on conservative Christian values.

Investment fund manager Finny Kuruvilla tells The Boston Globe he plans to fund Sattler College with $30 million of his own money.

He hopes to eventually enroll about 300 students in the liberal arts school, with tuition of only $9,000 a year — a fraction of what most private colleges charge. The school would operate out of an office building with no student housing.

Kuruvilla says the school's stated mission will be to "prepare students to serve Christ, the church, and the world."

Kuruvilla earned a medical degree and PhD from Harvard University and preaches at Followers of the Way, a small church in Medford, a Boston suburb.