financial information

UNDERGRADUATE FINANCIAL INFORMATION


UNDERGRADUATE TUITION AND FEES

$95 Tuition per credit hour

$50 Independent Study Fee

$35 Registration Fee (each semester/term)

$25 Application Fee (one-time)

$150 Apollos Course Tuition

$50 Audit Fee per credit hour

$10 Audit Registration Fee


REFUND POLICY

The refund policy applies to students either withdrawing from school or selectively dropping classes. Note: no fees are refundable, including the Official Registration Fee and the Application Fee. Tuition refunds will be credited to the student's account when the student has an outstanding financial obligation. Where no financial obligation exists, the student may be issued a refund check within two weeks of formal withdrawal from class.

TUITION REFUND SCHEDULE: FALL AND SPRING TERMS

  • Prior to the first meeting of class 100%

  • After the first meeting of class 75%

  • After the first week of class 50%

  • Following the second week of class 0%

TUITION REFUND SCHEDULE: MODULES AND SUMMER TERMS

  • Prior to the first meeting of class 100%

  • After the first meeting of class 75%

  • During the second day of class 50%

  • Following the second day of class 0%

COLLEGE PAYMENT PLAN FOR UNDERGRADUATE STUDENTS

An interest-free payment plan is available from Black Hills Biblical Institute to qualified students for the fall and spring terms. The plan covers only one semester at a time and tuition is paid in equal monthly installments. Any balance due from a previous semester must be paid in full prior to registration for a subsequent semester. Outstanding balances may not be rolled into a payment plan for a subsequent semester. Students using the BHBI Payment Plan will be subject to a charge of $25 for any payment which is received more than ten (10) days late. The payment plan is available only to students registering for credit classes. The following guidelines apply to the BHBI Payment Plan:

  1. Register for classes.
     
  2. Pay application and registration fees.
     
  3. Pay twenty-five percent (25%) of tuition.
     
  4. Pay twenty-five percent (25%) of the tuition at the first of each month until tuition is paid in full (student is billed).

Tuition must be paid in full in order to register for a subsequent semester.

GRADUATE FINANCIAL INFORMATION


GRADUATE TUITION AND FEES

$155 Tuition per credit hour (qualified Southern Baptist students)

$265 Tuition per credit hour (all other students)

$35 Registration Fee (each semester/term)

$25 Application Fee (one-time)

$50 Audit Fee per credit hour

$10 Audit Registration Fee (each semester/term)

$10 MBTS Journal Fee (both credit and audit students)


GRADUATE TUITION REFUND SCHEDULE: FALL AND SPRING TERMS

  • Withdrawal through the end of the first 100% day of classes
     
  • Withdrawal after the end of the first day 90% of classes through the end of the first week
     of classes
     
  • Withdrawal after the end of the first week of 50% classes through the first 25 percent of the term or semester
     
  • Withdrawal after the first 25% through the 25% first 50% of the term or semester
     
  • After the end of the first 50% of the term 0% or semester

TUITION REFUND SCHEDULE: MODULES AND SUMMER TERMS

  • Withdrawal through the end of the 100% first day of class
     
  • Withdrawal after the end of the first day 90% of class through the end of the second day
     
  • Withdrawal after the end of the second 50% day of class through the first 25% or end of the fourth day after the first day of the class
     
  • Withdrawal or drop after the first 25 percent 25% or end of the fourth day after the first class through the end of the first 50 percent of the class
     
  • After the end of the first 50 percent of the class 0%


TUITION PAYMENT PLAN FOR GRADUATE STUDENTS

The MBTS FACTS Payment Plan: MTBS has a payment plan, Fast Automatic Cash Transfer System (FACTS), for tuition costs. This plan requires a payment of $200 at registration with the remainder of tuition and fees going on the FACTS payment plan. Scholarships may be used to meet the $200 payment at registration. There is a $25 per semester nonrefundable enrollment fee. Monthly payments are automatically withdrawn from the participant's bank account on the fifth of each month throughout the semester. Students may make arrangements for payments following pre-enrollment each semester. Applications must be submitted to and received in the Financial Aid Office ten working days before the funds are needed. Please refer to the Midwestern Baptist Theological Seminary catalogue pages 16-20 for complete information on Financial Aid and Scholarship opportunities.


PAYMENT INFORMATION

Institutions of higher learning, and especially those that teach Christian principles, are responsible not only to help students acquire knowledge, but also to become responsible citizens, for which accountability is a primary tool. Students are expected to conduct their financial affairs with integrity by living withiin BHBI's financial guidelines.


ACADEMIC IMPACT FOR NON- OR LATE PAYMENT

Students with past due financial obligations to Midwestern or BHBI may not pre-enroll for future semesters/terms and will not be officially enrolled in classes until their semester fees and any past due financial obligations have been paid or approved arrangements for payment made. Students who are more than four weeks delinquent in meeting their financial obligations will automatically be suspended from classes. During the suspension period, the student will be administratively marked absent from classes, and assignments and exam grades will not be counted. The student may be reinstated only after all delinquent financial obligations are paid, and clearance is obtained from the BHBI Office.


RETURNED CHECKS

A check received in payment of tuition fees but returned for any reason invalidates a student's enrollment and jeopardizes the student's status. All returned checks must be redeemed within two weeks. A $10 returned check fee is accessed on each check returned by the bank. In addition, appropriate late payment fees may be added. Upon the receipt of a third returned check from a student, BHBI will no longer accept a check in payment. Future payments must then be made in cash or with a cashier's check. Bad checks may also subject the student to collection or prosecution procedures, and to student discipline.


STUDENT PAYMENT EXTENSIONS

Students may request an extension for payment of tuition by completing an "Application for Tuition Payment Extension." This form is available in the Institute Office and should be filled out in its entirety. The form should then be returned to the Office for review by the Director. Decisions will be based on the student's need and past payment history. Extensions are considered on a case-by-case basis, and the Director has the authority to approve or deny the application.