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 FINANCIAL INFORMATION
COST OF EDUCATION NABC makes every effort to keep educational costs to students as low as possible. Student fees pay only a portion of the college's operating expenses each year. Supporting districts, churches, and individuals subsidize the operating budget of the college. This represents a sizable investment in every student's education. While the college depends largely on outside financial support, some educational costs must be met by students.
SEMESTER FEES A school year is two semesters. The following lists the cost per semester:
APPROXIMATE COST PER YEAR
*Other costs such as off-campus housing, transportation, personal, etc., are not included in these figures. These costs are subject to change.
REFUND POLICY An adjustment will be made to the student's account when the student withdraws from the college with the proper approval. The student must complete an Official Withdrawal Form, available at the Registrar's Office, at the time he/she is leaving the college. Refunds are effective as of the date of the withdrawal form. 1. Room and board charges will be prorated from the date of registration to the date of withdrawal.
2. Tuition and fees that have been paid, with the exception of application and registration fees, will be refunded according to the following percentages: 1st & 2nd week of classes 100% 3rd week of classes 75% 4th week of classes 50% 5th week of classes 25% After 5th week of classes No adjustments
DORMITORY REFUNDS
Dormitory space is committed for the entire semester; consequently, a student who withdraws from the dormitory before the end of the semester will be charged for the full semester.
MEAL PLAN REFUNDS Refunds on the meal plan will be granted on the basis of the actual number of weeks remaining in the semester with a part of a week being considered a full week. The cost per week will be pro-rated to the number of full weeks remaining.
MEAL CHARGES Off-campus students and visitors may eat in the dining hall by paying the current price posted for each meal.
ACCIDENT AND HEALTH INSURANCE The college does not assume responsibility to provide medical care in the case of either accident or illness even though the accident or illness may occur on campus or in the discharge of duties or activities pertaining to the college program.
MONTHLY PAYMENTS
Registration, books, and all other fees must be paid at enrollment. Tuition may be paid in three subsequent monthly installments. The payments are to be made September 1, October 1, and November 1 for the Fall semester. For the Spring semester, payments should be made February 1, March 1, and April 1. Summer sessions are to be paid in full at registration. The Vice President for Business Affairs must approve any other arrangements.
PAYMENT OF ACCOUNTS Financial responsibility is important to a Christian's testimony. Each student is responsible to make adequate arrangements for this obligation. The school bill is to be paid in full by the student for the previous semester before registering for a new semester. Any exception must be made by the Vice President for Administrative Affairs. All school bills must be paid in full before students can receive official credit for work completed during the semester. Official transcripts will not be issued until the school bill is paid in full.
FINANCIAL AID Limited financial aid is available to qualifying students. Most financial aid programs include employment. Application for financial aid should be made to the office of the Vice President for Business Affairs. TUITION DISCOUNTS Any student who is responsible for one or more new full-time students (i.e. one(s) who has/have never attended the college before) enrolling in a given semester will be given a 25% discount to his/her tuition up to the amount of $25.00. SPOUSE DISCOUNT If a husband and wife both attend the college, the one with the greater number of credit hours will pay full tuition. The other spouse will receive a 50% discount on tuition. OFFICIAL COLLEGE APPROVALS Native American Bible College is approved by
(1) the North Carolina State Approving Agency for the enrollment of veterans. (2) the North Carolina Division of Vocational Rehabilitation Services for the enrollment of eligible persons. (3) the Employment Security Commission of North Carolina for job retraining.
Native American Bible College is a non-profit college recognized by the Internal Revenue Service (IRS) as a 501(c)3 organization.
VETERANS BENEFITS
Individuals who qualify for VA benefits should contact their local VA Office for more information and complete the application process required of all potential students. The VA representative at Native American Bible College will certify enrollment for those who are eligible for VA benefits. If a VA student is terminated from the college for any reason, notification is made to the Department of Veterans Affairs and the student’s VA benefits will be subsequently terminated. The following policy applies to students enrolled under provisions of Title 38, US Code, as amended: NABC has and maintains the following policy for the refund of the unused portion of tuition, fees, and other charges, in the event the student fails to enter the course or withdraws or is discontinued at any time prior to completion. The amount charged to the student for tuition, fees, and other charges for a portion of the course will not exceed the approximate prorated portion of the tuition, fees, and other charges that the length of the completed portion of the course bears to its total length. updated 12-28-09 |
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