1996-1997 Academic Catalog

194 Financial Information Financial Information College Financial Operating Policy The application fee, tuition, room, board, and other fees are kept as low as possible to be consistent with respon– sible operation. The revenue from students does not cover the total cost of operation. The College is partially supported by individuals and churches who desire to have a share in the preparation of young people for effective Christian service as pastors, teachers, missionaries, evangelists, and dedicated Chris– tians in all walks oflife. Some funds are received from interested businesses, industries, and foundations. Student costs as stated are subject to change upon reasonable notification by the College. Student Costs Tuition *Regular tuition-per quarter hour ............................. $176 Audit tuition-per quarter hour ....................................... 88 Fees Application fee .............................................................. 30 Board-per quarter ........................................................ 728 Car registration fee-per quarter (commuter) ................... 9 Car registration fee-per quarter (resident) ..................... 12 Drop/add (course) fee ..................................................... 5 Graduation fee (seniors only) ........................................ 90 Accident insurance fee (estimate) .................................. 46 Sickness Insurance (if not waived) (estimate) Single student .............................................................. 44 Married student and spouse ..................................... 770 Married student, spouse, and family ......................... 793 Late payment fee ........................................................... 20 Lost room key ............................................................... 25 New student orientation Resident student-fall ................................................... 80 Resident student-winter, spring ................................... 40 Commuting student-fall .............................................. 50 Commuting student-winter, spring .............................. 30 Reservation deposit ..................................................... 250 Room deposit (refundable upon withdrawal) ............................ 30 Room-per quarter ........................................................ 844 Test-out fee-per quarter hour ........................................ 88 Transcript fee .................................................................. 3 Accident Insurance Fee All students carrying six or more credit hours are required to pay the accident insurance fee which provides group coverage for accidental injuries. The Accident and Sickness Insurance Plan brochure, available at Patterson Clinic, explains this coverage in detail. * Senior citizens may enroll in courses for credit or no credit on an available space basis at no tuition charge. Senior citizens are those individuals 62 years ofage or older who are considered to be retired according to the Social Security Administration. Sickness Insurance All students carrying six or more credit hours will be charged for sickness insurance coverage, unless they have completed and returned the insurance waiver card before the end of the third week of Fall Quarter. If a student's education is interrupted, the waiver card process must be repeated before the end of the third week of the returning quarter. The insurance waiver card is included with the Accident and Sickness Insurance Plan brochure available at Patterson Clinic. Clinic privileges are available to all students canying six or more credit hours, even if sickness insurance is waived. Summary of Costs Basic Expenses Estimated basic costs for the academic year of 1996- 1997 (excluding transportation, personal expenses, books, and laboratory fees): Tuition (based on an average of 16 quarter hours) Board (21 meals per week) Room (with computer network) Accident Insurance Fee (estimate) Total Estimated Costs Other Expenses $8,448 2,184 2,532 138 $13,302 Other yearly expenses may be estimated as follows: books and supplies .................................................. $648 personal expenses (including clothing, laundry, recreation, and personal items) ............................ $1, 110 transportation (based on area ofresidency) ... $50-3,810 Financial aid may be available to help with college costs. Contact the College's financial aid office for additional information concerning available funds and application procedures. Financial Registration Policy To enable the College to be responsible in meeting its financial responsibilities, each student must make provi– sion for the payment of his or her College bill at the beginning of each quarter. A student's registration for classes indicates a commitment to pay for related charges as stated in the college catalog. To help students care for this responsibility, the first two days of each quarter are set aside for financial registration. A student is not considered registered until arrangements for payment have been finalized with the business office. Any student who does not make financial arrangements for the payment of his or her College bill will not be permitted to eat in the College cafeteria, use the library, or attend classes and may be asked to leave the College.