
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)
$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:
- Register for classes.
- Pay application and registration fees.
- Pay twenty-five percent (25%) of tuition.
- 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.
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 within BHBI's financial
guidelines.
ACADEMIC IMPACT FOR NON- OR LATE PAYMENT
Students with past due financial obligations to 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.