1998-1999 Academic Catalog

202 Financial Information Financial Information College Financial OperatingPolicy The application fee, tuition, room, board, and other fees are kept as low as possible to be consistent with responsible 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 share in the preparation of young people for effective Christian service as pastors, teachers, missionaries, evangelists, and dedicated Christians in all walks of life. Some funds are received from intereskd 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 ....................................... $207 Audit tuition-per quarter hour ..... ,........................................ 104 Fees Accident insurance fee (estimate) .......................................... 46 Application fee ...................................................................... 30 Board-per quarter .................................................................. 725!, Car registration fee-per quarter (commuter) ........................... 12 Car registration fee-per quarter (resident) .............................. 15 Drop/add (course) fee .............................................................. 5 Graduation fee (seniors only) ................................................. 90 Sickness Insurance (if not waived) (estimate) Manied student and spouse .............................................. 770 Married student, spouse, and family ................................... 793 Single student ...................................................................... 44 Late payment fee .................................................................... 20 Lost room key ........................................................................ 25 New student fee Commuting student-fall ........................................................ 50 Commuting student-winter, spring ....................................... 30 Resident student-fall ............................................................. 80 Resident student-winter, spring ........................................... 40 Reservation deposit ........................................................... ;.. 250 Room deposit (refundable upon withdrawal) ......................... 30 Room-per quarter .................................................................. 844 Test-out fee-per quarter hour ................................................ 104 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 of age 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 insurancewaiver card before the end of the second week of Fall Quarter. If a student's educa– tion is interrupted, the waiver card process must be repeated before the end of the second week of the returning qua.tier. The insurance waiver cai·d 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. SummaryofCosts: Basic Expenses Estimated basic costs for the academic year of 1998-1999. (excluding transportation, personal expenses, books, and laboratory fees): · Tuition (based on an average of 16 quarter hours) Board (21 meals per week) Room Accident Insurance Fee (estimate) Total Estimated Costs OtherExpenses Other yearly expenses may be estimated as follows: $9,936 2,184 2,532 138 $14,790 books and supplies ........................................................... $699 personal expenses (including clothing, laundry, recreation, and personal items) ...................................... $1,092 transportation (based on area of residency) ............. $50-3,072 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, students must make provision for the payment of their 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 quai·ter are set aside for financial registration. A student is not considered registered until arrangements for payment have been finalized with the cashier's office. Stu– dents who do not make financial arrangements for the payment of their 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. ·