Tuition and Fees

Effective June 1, 2008

Application Fee
A nonrefundable and nontransferable fee must accompany the application for admission.

Deposit
A deposit of $100 is to be paid to secure campus housing. This deposit is credited to the student’s account toward tuition and may be refunded until May 1 of each academic year if Faith Builders is notified in writing. This deposit is nontransferable, and after May 1 of each academic year, this deposit is nonrefundable.

Tuition
Tuition is due after statements are given to students, usually during the second week of classes.

Personal Needs
Laundry, cleaning, spending money, items related to personal grooming, towels, sheets, pillow, off-campus transportation, etc., vary with the individual and are an individual’s responsibility.

Unpaid Accounts
A student who has an unpaid account may be suspended from classes and will not be eligible to take final examinations or to receive an official report of grades, transcripts, or diploma. A student with an outstanding balance on the bill from a prior semester will not be allowed to re-enroll unless the account is paid in full. The student may be responsible for any collection fees incurred in collecting the account.

Withdrawals
Any student who withdraws from Faith Builders and completes the official withdrawal procedure, will receive a refund as follows:
Tuition:
(1) 75% will be credited during the first week of classes
(2) 50% will be credited during the second week of classes
(3) 25% will be credited during the third week of classes
(4) None will be credited after the third week of classes.
If a student officially withdraws from the institution during the first three weeks (beginning with the first day of check-in) of the semester, the dormitory fee will be charged at the rate of $35 per week for any part of a week in which he resides in the dormitory. There will be no refund for the room portion of the dormitory fee after the first three weeks; however, the meals portion will be refunded at a flat rate of $45 per week for the unused portion of the semester.

Withdrawal Fee
A fee will be charged for the processing of an official, unofficial, or administrative withdrawal.

Graduation Fee
Students planning to graduate need to request a graduation application from the main office and return it at least three months prior to commencement. A fee is required with the form which goes toward the cost of the diploma.

Refund Policy (Enrolled Students)
Refunds are issued upon request when an overpayment (credit balance) exists.

Lab Fees
In certain courses, fees will be charged in addition to tuition.

Bad Checks
A student will be charged a fee for returned checks.

Payments
The room fee (applicable to on-campus students only), tuition, and all other costs for the full semester are payable before or at the time of financial check-in. If any student is 10 days or more delinquent on his school account, the student may be removed from classes and will not be eligible to take final examinations. A prior year’s account must be settled for a student to receive permission to reenroll at the institution. Additionally, the Registrar will not release an official transcript of the academic record, or a diploma, without proof of payment of all institutional charges. There will be a finance charge of 1% per month on all past due or unpaid accounts (maximum annual interest rate of 12%).

Textbook Purchases
Textbook costs range from $10-$100 per class depending on the course. The cost of textbooks is not included in the tuition. Textbooks can be purchased from Christian Learning Resource.

School Service
Students participate in the FB School Service Program. This program involves the students in one to two hours per week of uncompensated service work around Faith Builders. This program helps control the expense of operating FBEP. In addition, some compensated jobs are available to students as needs arise.

Tuition Discount Schedule