Financial Information F24/S25 Fee Structure

As a faith-based college with the purpose of graduating students Day 1, Debt-Free, our tuition and dormitory fees are kept to a minimum. The fees and schedule are estimated for a full-time, on-campus student for the F24/S25 college year. Actual student billings may differ as FBCI reserves the right to adjust fees accordingly under the board of trustees' discretion.

FIRST SEMESTER		SECOND SEMESTER
Registration	$125.00	Registration	$125.00
Tuition	$1,500.00	Tuition	$1,500.00
Dormitory	$1,935.00	Dormitory	$1,935.00
Fall Activity Fee	$190.00	Spring Activity Fee	$190.00
ID Fee	$25.00	Banquet Fee	$30.00
Room & Key Deposit (per yr)	$200.00	Textbooks (per semester)	$300.00
Textbooks (per semester)	$300.00
TOTAL	$4,275.00*	TOTAL	$4,080.00*
Approximate total cost for 2024/2025 $8,355.00
OTHER FEES
Application Fee			$35.00
Banquet Fee			$30.00
Degree Replacement Fee			$25.00
Graduation Fee			$100.00
ID Fee			$25.00
Late Enrollment Fee			$125.00
Late Financial Arrangement Fee			$75.00
Late Payment Fee			$25.00
Late Registration Fee			$75.00
Transcript Fee - US			$15.00
Transcript Fee - International Tuition Fees			$25.00
Audit (per credit hour)			$62.50
Part-Time (per credit hour)			$125.00

Description of Fees

All fees are considered non-refundable except for Tuition, Dormitory, and Room & Key Deposit (see Discounts, Refunds, & Withdrawals).

Activity Fee

The Activity Fee each semester enhances the students' educational and social experience at FBCI. It covers a Library Learning & Technology fee, an internet & television usage fee, Grammarly, Student Government Activities, and a general fee.

Application Fee

The application fee is to assist in the processing of a student's request for admission to FBCI.

Banquet Fee

The banquet fee covers the cost of a ticket for the end-of-the-year Awards Banquet. It is required of all enrolled students.

Degree Replacement Fee

The degree replacement fee covers the cost of replacing a degree for a graduate (see Transcript Request & Degree Replacement Policy for more information).

Dormitory Fee

The dormitory fee is charged to on-campus students each semester and covers the cost of living in the dormitory building.

Graduation Fee

The graduation fee is applied to the account of students who complete the Graduation Request. It covers the processing of a student’s request to graduate and the cost of the student’s regalia.

ID Fee

The ID fee is charged to all enrolled students. It covers the cost of a student ID and key card.

Late Financial Arrangement Fee

The late financial arrangement fee is applied to the accounts of students who do not complete the Financial Payment Arrangement (FPA) and/or the Financial Assistance Application (FAA) by the deadlines.

Late Enrollment Fee

The late enrollment fee is applied to the accounts of returning students who enroll after 8/1 for the fall semester or after 1/1 for the spring semester.

Late Payment Fee

The late payment fee is applied to the accounts of students who do not pay their monthly arrangement by the 15th of the month.

Late Registration Fee

The late registration fee is applied to the accounts of students who do not complete the registration process by paying the Registration Fee and enrolling in courses during Registration Week.

Registration Fee

The registration fee is charged to students each semester to cover costs associated with enrolling in courses at FBCI. It is due upon acceptance for new students and during Registration Week for returning students. A late registration fee of $75 will be applied to the accounts of those returning students who do not pay during Registration Week.

Room & Key Deposit

If no damage is done to the room, all personal items are removed, the room is cleaned, and the key is returned, the deposit will be credited to the student’s account each year and returned to students after their time at FBCI. Rooms are subject to inspection.

Textbooks

Before the first class starts, students must purchase textbooks for the courses they enroll in at FBCI. A list of textbooks is provided to students before the start of each semester and can also be found in the syllabi for the course. There are typically required copies and library copies. A required copy is a book the student must purchase. A library copy is a book that the student can use in the library. Textbook costs vary. Books may be purchased through Christian Book Distributors or independent sources.

Transcript Fees

The transcript fees cover the cost of processing and sending transcripts for students and alumni within the US and Internationally. All student/alumni financial obligations to the school must be met before transcripts will be sent. School policy prohibits official transcripts from being sent directly to the student/alumnus. (See Transcript Request & Degree Replacement Policy for more information).

Tuition

The tuition fees cover the cost of a full-time course load. A student who takes less than 12 credit hours is considered a part-time student and is charged per credit hour. A student who desires to audit a course is charged at a lesser rate per credit hour. Both part-time and audit students may be billed other fees in addition to tuition.

Employment & Work-Study

Students may hold off-campus employment if their work schedule does not interfere with school activities. On-campus employment is available for eligible students through the Work- Study Program. Work-Study is available to qualified students after their first year at FBCI. Work- Study consists of various on-campus jobs including but not limited to kitchen helpers and dishwashers, janitorial positions, snack bar cooks, maintenance workers, and some office positions. To be eligible for Work-Study, a student must complete the In-Service requirement of

60 hours of on-campus community service and display a need through completion of the Financial Assistance Application.

Housing

Housing is available for single full-time students in the Tracy Dormitory Building. The Dormitory Fee covers the cost of housing for on-campus, full-time students. Limited housing is available on campus for married students with or without children. This housing consists of various rental units at different rates.

Payment Arrangements

The student has several options for payment: payment in full for a semester or a monthly payment plan for a semester. Once accepted at FBCI, students will receive information regarding setting up a payment plan. A $75 late fee will be applied to the accounts of students failing to comply with setting up payment arrangements by the deadline.

Payment Arrangement Expectations

Upon acceptance, the student should expect the following payment arrangement procedure:

• Payment of Registration Fee - secures the student’s enrollment, due upon acceptance.

• Payment of Room & Key Deposit - secures the student’s room in the dormitory, due

  upon receipt of the student billing statement.

• Minimum down payment of $500 due before campus arrival (see college year calendar).

• A monthly arrangement if the student cannot pay in full, due by the 15th of each month.

  Returning students should expect the following payment arrangement procedure in the fall semester:

• Payment of Registration Fee - secures the student’s enrollment, due Registration Week.

• Payment or Credit (from the previous year) of Room & Key Deposit - secures the

  student’s room in the dormitory, due on receipt of the student billing statement.

• Minimum down payment of $500 due before campus arrival (see college year calendar).

• A monthly arrangement if the student cannot pay in full, due by the 15th of each month.

  Returning students should expect the following payment arrangement procedure in the spring semester:

• Payment of Registration Fee - secures the student’s enrollment, due Registration Week.

• Minimum down payment of $250 due before campus arrival (see college year calendar).

• A monthly arrangement if the student cannot pay in full, due by the 15th of each month.

Financial Payment Arrangement Form (FPA)

This form is due on August 1st for the fall semester and December 1st for the spring semester, and information will document the student’s financial intentions. If a student misses the deadline for the FPA, a late fee of $75 will be applied to the student account. Depending on a

student’s interest in Financial Assistance, Work-Study, Discounts, & Scholarships, a student will

complete a Financial Assistance Application (FAA), described in the next section on Student Financial Services.

Refunds & Withdrawals

Refunds

All fees are considered non-refundable, except for Tuition, Dormitory, and Room & Key Deposit.

FBCI reserves the right to offer refunds at the college’s discretion.

Withdrawals

If a student who has paid in full leaves FBCI during the first four weeks of the semester, they will receive a 50% refund on tuition and dormitory fees. No refund will be made after that. FBCI reserves the right not to refund/discount students who have not paid in full and withdraw early. This policy does not cover administrative dismissals, which are not entitled to refunds of institutional charges.

Student Financial Services

The Office of Student Financial Services exists to help students who need financial assistance to pursue a college education. Financial assistance is available for those who qualify. Most aid is awarded to students based on financial needs. The premise of the financial aid program is that the primary responsibility for meeting college expenses rests with the student. Where appropriate, parents and spouses are considered when determining resources available to meet educational expenses.

The total amount of aid a student is awarded will not exceed the student’s cost of attendance.

Financial Aid falls into three categories:

1. Discounts, aid applied in the form of a discount directly applied to qualifying student accounts.

2. Scholarships, also referred to as gift aid because it does not need to be paid back.

3. Work-study, which is part-time employment, also referred to as self-help aid.

Financial Assistance Application (FAA)

Each student enrolled at FBCI who is interested in being considered for Financial Aid will be required to complete a Financial Assistance Application each year along with verification each semester. This application will provide FBCI with information on the student in determining financial need, eligibility for scholarships, discounts, and Work-Study. This application is due August 1st for the fall semester and December 1st for the spring semester. If a student misses the deadline for the FAA, the administration will determine if they are still allowed to apply. A late fee of $75 will be applied to the account of any student who misses the FAA application deadline.

Students Applying for Aid must:

1. Be admitted into a program at Faith Bible College International.

2. Be a full-time student during the semester(s) assistance is requested.

3. Submit a typed essay expressing how financial assistance will help the student reach academic/ministry goals.

4. Submit current income tax forms for the responsible financial party.

5. Submit a current reference form.

   Discounts

   FBCI reserves the right to offer discounts at the college’s discretion. The following discounts are

   available for students who qualify through the Financial Assistance Application process. Alumni Discount

   A Dormitory Fee discount is offered to the children of FST/FBCI alumni. Alumni are defined as graduates of FST/FBCI or those who attended for one year or more. Each semester, this request should be made by the student to the finance office in writing via the Financial Assistance Application and should include the following:

   • Parent name

   • Year(s) of attendance/graduation Employee Discount

     A Tuition discount is offered to FBCI employees, their spouse, and children. This is a percentage-based discount and varies on certain criteria set by the Finance Committee. Each semester, the student should make this request to the finance office in writing via the Financial Assistance Application.

     Married Discount

     A Tuition discount is offered to students who are married and both attend FBCI full-time. Each semester, the student should make this request to the finance office in writing via the Financial Assistance Application. Each spouse should make the request and include the following:

   • Spouse Name

   • Spouse Grade Level at FBCI (Freshman, Sophomore, Junior, Senior)

     Minister’s Discount

     A Dormitory Fee discount is offered to the unmarried children of active, full-time ministers. Each semester, this request should be made by the student to the finance office in writing via the Financial Assistance Application and should include the following:

   • Parent name

   • Ministry Involved In

   • Position Held in Ministry Sibling Discount

     A Dormitory Fee discount is offered to the siblings of the same family enrolled full-time at FBCI. Each semester, the student should make this request to the finance office in writing via the Financial Assistance Application. Each sibling should make the request and include the following:

   • Sibling Name

   • Sibling Grade Level at FBCI (Freshman, Sophomore, Junior, Senior)

Scholarships

Scholarship candidates should have a minimum GPA of 2.0 unless otherwise specified. Some scholarships are based on demonstrated financial need as determined by the FAA. Other scholarships may be offered at various times based on private contributions. Some scholarships may be awarded by a “luck of the draw.”

Campus Days Scholarship

Each semester, an applicant who applied during Campus Days is awarded a scholarship for attendance at FBCI. The luck of the draw determines these awards.

Departmental Scholarships

Academic scholarships are awarded annually to select qualified students within each concentration department at FBCI. The scholarship committee and academic committee evaluate eligible candidates based on merit. Students who have chosen a concentration may apply for Departmental Scholarships through the Financial Assistance Application.

Christian Education Department Missions Department

Pastoral Theology Department Worship & Music Department

Revs. Bill & Marcy Pier Memorial Scholarship

A memorial scholarship has been set up in honor of Rev. Bill & Rev. Marcy Pier. They devoted their lives to the mission field and winning souls for the Kingdom. They taught at Faith School of Theology for a number of years. They had hearts after God and were role models for many.

Their reward in Heaven will be great as they accumulated very little on earth. This scholarship is available to those students pursuing the Missions or Pastoral Theology Concentrations and to International students. Each year, the student should make this request to the finance office in writing via the Financial Assistance Application. This scholarship is awarded annually.

Need-Based Scholarships

Need-based scholarships are awarded based on financial need. The number of need-based scholarships awarded varies depending on the availability of scholarship funds and are not guaranteed to be granted annually. Students can apply for need-based scholarships through the Financial Assistance Application.