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FINANCIAL INFORMATION
Our school’s budget is not subsidized by the U.S. Government, nor are we the recipients of any form of endowment. We prefer not to be regulated by any secular organization. Our direction and guidance come from the Holy Spirit. Consequently, we are dependent upon student tuition and the gifts of God’s people for the support of this ministry. This school policy will enable us to offer quality Christian education to our student body.
Our purpose in this matter of finances is to provide a financial package which shall not be a burden to any student. We believe our cost structure is the lowest when compared to similar institutions. We looked at a plethora of colleges and seminaries after which we intentionally determined to offer our students a low cost format. In consideration of the low financial program, we still offer students a number of incentives designed to assist all students with their financial obligations. We do not assess student tuition costs on the basis of per credit hours.
TUITION FEE (10% discounts on all fees paid in advance)
Diploma of Biblical Studies (fee includes study study materals) $499.00
Degree Programs (fee does not include study materials)
Associate Degree 1,295.00
Bachelor Degree 1,595.00
Master's Degree 1,895.00
Doctor's Degree 2,095.00
Ph.D Program 2.295.00
Application Fee (non-refundable $35.00
Credit Transfer
15.00
Drop/Add Course
15.00
Graduation Fee 100.00
Repeating a Course
20.00
MONTHLY PAYMENTS
Tuition payments are due on the 1st of each month. Students will be given a 10 day grace period, after which they will incur a $15 late charge. These monthly payments are due regardless of whether or not courses have been completed and returned. If a student misses three consecutive payments, he/she will be dropped from the school. In addition, no information will be released for accounts that are in poor standing. To remain in good standing, a student must be current on all payments. Those not in good standing are not eligible for transcripts, degrees, grade reports, etc..
PAYMENT PLAN (no interest is levied in your account):
Diploma in Biblical Studies $ 50 down $ 30
per month
Degrees:
Associate Degree $100 down $ 40 per month
Bachelor’s Degree $200 down $ 60 per month
Master’s Degree $300 down $ 75 per month
Doctor’s Degree $400 down $ 100 per month
Ph.D Program $500 down $ 125 per month
**Returned checks will incur a penalty of $35 per check**
REFUND POLICY
All withdrawal and/or refund requests must be in writing and include the original signature of the student. The withdrawal/refund period is computed from the date of registration, as follows:
Up to 2 weeks after the official date of registration 25% of the
original total tuition is payable to LBCS.
From the 3RD to the 5th week after the date of registration,
50% of the original total cost is payable to LBCS.
The total tuition cost is due and payable after 5 weeks following
the registration.
DIPLOMA & DEGREE PROGRAMS
The Diploma of Biblical Studies is tailored for those not seeking a professional degree. This series of studies consists of several Bible courses totaling 30 hours, which, upon completion, the student receives his/her diploma.
Our Associate Degree is offered to those completing 60 hours of credit. If the Diploma of Biblical Studies was earned, only 30 hours of credit would be required.
Our Bachelor Degree is offered to those completing 120 hours of credit. If the Associate Degree was earned, only 60 hours of credit would be required.
Our Master’s Degree is offered to those who have a Bachelor’s Degree, plus 30 hours of credit and a writing project.
Our Doctorate Degree is offered to those who have a Master’s Degree, plus
30 hours of credit and a writing project.
FIELDS OF STUDY
We are presently offering the above degrees in these fields:
Associate Degrees: Ministry Biblical Studies
Bachelor’s Degrees: Ministry Biblical Studies
Theology Christian Education
Master’s Degrees: Ministry Biblical Studies
Theology Christian Education
Christian Counseling
Doctorate Degrees: Ministry Biblical Studies
Theology Christian Education
Christian Counseling
Ph.D
Some courses can be added, deleted, or changed without notice.
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