LOW COST TUITION PHILOSOPHY
Covenant Bible College & Seminary has the philosophy that a quality, spiritual education that trains an individual for service to the Lord Jesus Christ should not leave that individual with an oppressive financial debt.
Accordingly, we have not sought the very costly regional accreditation that leads to qualification for government-guaranteed student loans and other government programs. Institutions using such loans generally charge the maximum tuition allowable, leaving students with a sizable debt at the completion of their education. For those called to the ministry, it can be very difficult to obey God’s calling with this type of debt lingering over their finances; therefore, Covenant Bible College & Seminary elected a less costly, independent accreditation through the Transworld Accrediting Commission International (TACI) – www.transworldaccrediting.com.
Our approach is to provide the most affordable, quality, spiritual education that we can, as a ministry to the Lord and His servants.
Student Loans
The policy of CBCS is to provide an in-house, interest-free, student loan in the form of a “pay-as-you-go” program rather than requiring the student to pay the full tuition at the beginning of each semester. At CBCS, tuition and book fees are due the first night of each course. Degrees will not be released until all coursework is completed, and all course fees, book fees, application fees, MLE fees, CD fees, graduation fees, or any other miscellaneous fees are paid in full.
If a student cannot pay for the course, he or she must discontinue attending classes. Continuance of the class may resume upon payment of any successive course during the academic year. There are no provisions for partial payments.
An advantage of the programs provided at CBCS is the flexibility of schedule. Students can finish their programs of study or achieve their educational goals over a period of time convenient to them. Their own personal preferences, work schedules, and their own finances determine the speed at which they progress.
Ministry Life Experience (MLE) and Student Evaluations
Any student who has been in ministry a minimum of five years may submit a resume detailing his/her ministry experience. Up to thirty credit hours will be awarded upon approval of the resume and receipt of a one time, non-refundable fee of $250.00
Refund Policy
Notification of withdrawal from a course must be made in writing. The application fee and Ministry Life Experience fee are non-refundable. After the beginning of classes, refunds will be made according to the following schedule.
There will be 100% refund of tuition before the 2nd week of classes begins. No refunds are provided after the 2nd class is held. Hardship withdrawals will be handled on an individual basis.
Miscellaneous Fees
Students will not be allowed to participate in the graduation exercise or receive official transcripts as long as any of the following fees have been assessed and remain unpaid. All fees are non-refundable.
Application Fee
There is a $35 application fee. This fee covers both processing the application and assessing academic standing.
Under Graduate Program Annual Tuition
The cost of a full year undergraduate studies at CBCS is $1,350 per year. This cost is the same whether a student is working toward A Diploma, Associate’s Degree, Advanced Associates, or Bachelor’s Degree. It is payable in 9 installments of $150 ($50.00 per credit hour). This includes the cost of Ministry Practicum credits but it does not include the cost of textbooks.
Master’s Degree Credit Tuition
The cost of a one-year Master’s Degree Credit Program is $2,035.00, payable in 11 installments of $185 ($61.66 per credit hour). This includes the cost of Ministry Practicum credits but does not include the cost of textbooks.
Doctor of Ministry Degree Credit Tuition
CBCS offers two levels of Doctoral Degree Credits. One is the Doctor of Ministry Program in which 30 credit-hours are awarded for a doctoral dissertation. No course work is required. The cost of a Doctor of Ministry Program is $1,600 payable in 10 installments of $160 ($53.33 per credit hour). This does not include the cost of textbooks.
Doctor of Philosophy Degree Credit
This program is the capstone to all previous academic degrees. It represents the most prestigious accomplishment in a student's educational endeavor. The Doctor of Philosophy is a forty-five (45) credit-hour program. These include 15 credit hours of coursework and a 30 credit-hour Doctoral Dissertation.
The cost of the Coursework Phase of this program is $925, payable in 5 installments of $185 ($61.66 per credit hour). The cost of the Dissertation Phase is $1,600 payable in 10 installments of $160 ($53.33 per credit hour). This does not include the cost of textbooks.
