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Financial Policies


Payment of Accounts

All tuition, fees, and charges are due and payable at registration for each semester, including Summer and Winter Terms. Students who are unable to pay their entire semester charges may elect to use the extended payment plan. Exact payment due dates are furnished by the Registrar or Administrative Office.

Students are responsible for their own tuition and fees. If students receive financial aid from their churches, or other individuals or organizations, students must make appropriate arrangements with them to insure payments are made on time to avoid penalties.

Grades will not be available to students who have an unpaid tuition balance. Students will not be allowed to register for a new semester with an unpaid balance. Transcripts and diplomas will also be withheld until all outstanding balances are paid in full.

If financial difficulties arise, and a student foresees a problem paying tuition on time, he should immediately discuss the matter with the Administration and appropriate arrangements made.

Tuition Refund Policy

Students who opt to withdraw from one or more classes for which they have registered, whether or not they have attended, must officially withdraw by completing the proper forms in the registrar’s office. Failure to officially withdraw will result in a WF on the student’s transcripts, as appropriate. If a student does not officially withdraw, he is not entitled to any refund.

Refunds of tuition are based, not according to the time the student ceases to attend the class(es) but according to the week the official withdrawal form is submitted to the registrar’s office.

Week of Withdrawal

Percentage of Refund

1 – 2

100%

3

75%

4

50%

5 and beyond

0%

Extended Payment Plan

Students who are unable to pay the semester tuition fees at registration may use the extended payment plan which allows students to pay their tuition over a four-month period. For the fall semester, payments begin in September and end in December. For the spring semester, payments begin in January and end in April.

Although no interest is accrued for the extended payment plan, there is a $50 fee per semester and a $25 fee for late payments. Payments are due the first business day of the month.

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