Tuition
The full-time tuition rate is based on a maximum load of 18 semester hours. Semester hours for audited courses are included. The Additional Load Charge is applied for each full semester hour in excess of the normal maximum. A full-time student who withdraws from the College before the completion of the semester is responsible for the per-semester-hour tuition charges for every course or lesson in which he has attended even one day of class or one lesson, not to exceed the full-time semester tuition amount

Registration Fees
Registration fees cover the cost of the administrative aspects of a student’s enrollment in a course, whether that course is taken for credit or as an audit. Part-time students who enroll in four or more courses in any given semester will not be billed for registration fees in excess of the full-time amount. A full-time student who withdraws from the College before the completion of the semester is still responsible for the full-semester Registration Fee.

Student Activity Fee
The Student Activity Fee helps defray the cost of various student body and fellowship activities, certain articles of institutional performance attire, and the college yearbook, The Cornerstone. The Activity Fee is required only for undergraduate students. Part-time students are billed based on the number of semester hours in which they are enrolled. A full-time student who withdraws from the College before the completion of the semester is still responsible for the full-semester Student Activity Fee.

Private Music Lesson Instructor Fee
Students who enroll in private music lessons with members of the college faculty are responsible for the Private Music Lesson Instructor Fee. Because faculty schedules are determined based on student registrations, if the student withdraws after the first lesson has been completed, he is still responsible for the full semester charge.

Room and Board
The Room and Board charge for full-time students includes all meals and overnight accommodations beginning with the date the student is required to arrive on campus for the semester. The room and board charge does not provide for meals during the Thanksgiving, Christmas, or Spring break periods. It also does not provide for housing during the Christmas break. Students will not normally be permitted to remain on campus during Christmas break or during the summer (except when they are enrolled in a summer session class). Rather, students are encouraged to live at home or with other family members. Those whose unique circumstances (e.g., family is on the mission field, etc.) necessitate their staying on campus during either the Christmas holiday or the summer break must make financial arrangements at least one full month in advance with the Director of Student Finances. A full-time dormitory student who withdraws from the College before the completion of the semester will be responsible for Room and Board charges at the per-diem rate for each day in residence, not to exceed the full-semester amount.

Application Fee
The appropriate Application Fee must accompany every undergraduate or seminary application submitted. Applications will not be processed until this fee has been received. Prospective students whose applications are submitted (postmarked) not later than May 1st for first semester matriculation and not later than October 1st for second semester matriculation are eligible for the discounted Early Registration Fee. In addition to the May 1st and October 1st provisions, prospective seminary students who are currently serving in full-time ministry will receive the Early Registration Fee if their application is submitted (postmarked) at least 30 days prior to the start of the first block course in which they intend to enroll.

Reservation Deposit
Students entering Baptist College of Ministry and Theological Seminary for the first time are subject to a $150 deposit when accepted for enrollment. This deposit is applied to the student’s tuition and fees upon registration. If a student is unable to enroll as planned, $100 of the deposit is refundable, provided that written notification is received by the college office at least fourteen calendar days prior to the start of the semester. If such notification is not received, the entire $150 is forfeited. The Reservation Deposit is not required for part-time seminary students who are currently serving in full-time ministry.

Reenrollment Deposit
A $50 deposit is charged to each returning student’s account during the third billing period of every semester (November 1st and March 1st, respectively) in anticipation of his return for the upcoming semester. This deposit is applied to the next semester’s tuition and fees during the first billing period of that semester. If a student subsequently withdraws from the College, the $50 deposit is refundable, provided that written notification of the withdrawal is received by the college office at least fourteen calendar days prior to the start of the semester. If such notification is not received, the deposit is forfeited. A student who is not able to return for the upcoming semester, but is intending on reenrolling thereafter, must still carry the Reenrollment Deposit on his account, but he may transfer it forward by notifying the college office of his intentions in writing at least fourteen days in advance of the start of the semester. Failure to provide the necessary notification will again result in the student’s forfeiture of the deposit. The Reenrollment Deposit is not required for part-time seminary students who are currently serving in full-time ministry.

Late Registration Fee
Matriculated students who submit their registrations after the close of the regular registration period, or who make any changes in registration (i.e., drops and/or adds) will be subject to the Late Registration Fee. Non-resident seminary students in full-time Christian ministry are only subject to the Late Registration Fee if notification is not received in the college office at least two full calendar weeks in advance of the start of the respective course.

Late Payment Fee
Baptist College of Ministry depends upon timely payments from its students in order to meet the salaries of the faculty and staff and the operating expenses attendant with a college program. It is imperative that every student’s financial obligations be paid on time. Monthly payments not received within five calendar days of the due date will be assessed a $15 Late Fee. Students who are chronically delinquent in their payments may be asked to withdraw their enrollment until such time as their account is brought current.

NSF Processing Charge
When a check for payment is returned to Baptist College of Ministry by the bank unpaid due to Non-Sufficient Funds, a $20 NSF Processing Charge is assessed. The NSF fee is charged to the student’s account even if the payment was made on the student’s behalf by another party. If as many as two checks are returned unpaid within any twelve-month period, personal checks will no longer be accepted from that student or patron.

Graduation Fee
The Graduation Fee is assessed in March of the year of degree conferral. It is required for all degree programs, both seminary and undergraduate, including the Associate of Ministry degree.

Transcript Processing Fee
Upon written request, transcripts will be issued free of charge, provided not more than three transcripts are requested within a six-month period. Additional transcript requests will be subject to a nominal fee of $5 each. Under no circumstances will a transcript be issued if the student’s financial account is not current.

Yearbook Charge
Undergraduate students who are enrolled in a full-time status for at least one semester in a given academic year receive a yearbook at no charge. Graduate students and part-time undergraduate students who desire to receive a copy of The Cornerstone will have the $40 Yearbook Charge billed to their accounts.

Books and Materials
Students are responsible for the actual costs of any books and materials obtained from the college bookstore. Students are free to obtain required textbooks from other sources as well. For budget purposes, students purchasing textbooks through the bookstore should be prepared to pay as much as $200 per semester. This should not be construed as a guarantee that textbook costs will never exceed $200 in any semester. Likewise, the amount will oftentimes be considerably less.

Summer Session Tuition and Fees
Summer session charges are normally assessed in accordance with the part-time student tuition and fee schedule. However, for students who were enrolled in a full-time status during the regular semester immediately preceding the summer session, the following discounted rates apply: (1) Tuition is billed at $100 per semester hour; (2) A Registration Fee of $20 is assessed for each course; and (3) Room and Board is charged at a per-diem rate of $15 per day.

Health Insurance Expenses
Students enrolled at Baptist College of Ministry and Theological Seminary are required to show evidence of having basic medical insurance coverage. Students are responsible for the arrangement of such coverage and for the payment of all premiums. Many undergraduate students will find it possible to be included on their parents’ policy. With the exception of the children of full-time faculty and staff, Baptist College of Ministry is not able to enroll students in its group insurance plan.


METHOD OF PAYMENT
Payments may be made in cash, by check, or by money order. All checks should be made payable to Baptist College of Ministry. (Third party checks will not normally be accepted.) Students may request that copies of their billing statements be provided for their parents or another patron, but students are always ultimately responsible for meeting their own obligations.

Part-Time Students
All tuition and fees associated with a given course are normally payable in full at the start of the course.

Full-Time Students
One-time semester charges (Registration Fee and Student Activity Fee) are payable in full at the start of the semester. Tuition and Room and Board charges may be paid in lump sum at the start of the semester, or they may be paid in four equal monthly installments. The four payment due dates for the first semester are Orientation Day, October 1st, November 1st, and December 1st, respectively. For second semester, the due dates are the first day of class, February 1st, March 1st, and April 1st. Private Music Lesson Instructor Fees are due and payable by October 1st for the first semester, and by February 1st for second semester.


REFUNDS
All payments received by Baptist College of Ministry and Theological Seminary are applied to the appropriate student account, even if a credit balance will result. Excess payments are carried forward and applied to future charges. Refunds of excess payments are not routinely issued except upon a student’s graduation or withdrawal from the College. Current students desiring a refund of excess payments must submit a written request for refund. Refunds of monies paid directly to the College on behalf of a student by his parents or another patron will not be refunded without the concurrence of the party who made the payment. Refunds issued will be limited in amount such that the remaining account balance is sufficient to cover all anticipated charges for the rest of that semester, as well as the Reenrollment Deposit for the subsequent semester, if applicable. All refunds issued by Baptist College of Ministry are paid by check. Student check-cashing services are not provided by the financial office.