2000-2001 Academic Catalog

202 Financial Information Financial Information University Financial Operating Policy 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 University is partially supported by individuals and churches who desi~e to share in the preparation ofyoung people for effective Christian service as pastors, teachers, missionaries, evangelists, and dedicated Christians 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 University. Student Costs: Tuition *Regulartuition-perquarterhour .................................................... $238 Audittuition-perqumierhour .......................................................... 119 Fees Accident insurance fee (estimate) ..................................................... 46 Applicationfee .................................................................................. 30 Board-per quarter 21 Meal Plan ................................................................................. 775 14 Meal Plan ................................................................................. 700 Car registration fee-per quarter (commuter) ...................................... 15 Car registration fee-per quarter (resident) ......................................... 20 Drop/add (course) fee ......................................................................... 5 Graduation fee (seniors only) ........................................................... 125 Sickness Insurance (ifnot waived) (estimate) Married student and spouse ........................................................ 770 Married student, spouse, and family ............................................ 793 Single student .................................................................................. 43 Late payment fee .............................................................................. 20 Late registration ................................................................................ 50 Lost room key .................................................................................. 25 New student fee Commuting student-fall .................................................................. 60 Commuting student-winter, spring ................................................. 40 Resident student-fall ....................................................................... 90 Resident student-winter, spring ..................................................... 50 Reservation deposit ........................................................................ 250 Room deposit (refundable upon withdrawal) ................................. 100 Ro01n-per quarter ........................................................................... 868 Test-out fee-per quarter hour .......................................................... 119 Accident Insurance Fee All students canying 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 Admi11istratio11. Sickness Insurance All students carrying six or more credit hours will be charged for sickness insurance coverage, unless they have completed and retumed the insurance waiver card before the end of the second we~k of Fall Quarter. If a student's education is interrupted, the waiver card process must be repeated before the end of the second 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 ({sickness insurance is waived. Summary of Costs: Basic Expenses Estimate~ basic costs for the academic year of2000-2001 (excluding transportat10n, personal expenses, books, and laboratory fees): Tuition (based on an average of 16 qumier hours) Board (21 meals per week) Room Accident Insurance Fee (estimate) Total Estimated Costs Other Expenses Other yearly expenses may be estimated as follows: $11,424 2,325 2,604 138 $16,491 books and supplies ........................................................................ $840 person~! expenses (including clothing, laundry, recreat10n, and personal items) .................................................. $1,050 transportation (based on area ofresidency) ...................... $116-$3,045 Financial aid may be available to help with college costs. Contact the University's financial aid office for additional information concerning available funds and application procedures. Financial Registration Policy To enable the University to be responsible in meeting its financial responsibilities, students must make provision for the payment of their university 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 university 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 cashier's office. Students who do not make financial arrangements for the payment of their university bill will not be permitted to eat in the university cafeteria, use the libra1y, or attend classes, and may be asked to leave the University. Notification of the University Bill Students who early register for classes will receive an invoice based on their course schedule 10 to 15 days before the quaiier begins. A statement of the student account is generated each month that the account has activity. Invoices and account statements are directed to students at their current university residence. Students may request to have state1:nents and invoices sent to their parents address; however, they are still addressed to the student. Forms are available in the cashier's office to request that invoices and statements be sent to the parent's address. Invoices and Statements Online Students may view their student account, most recent invoice or most recent statement online using the campus network. Students m~y also assign their parents a password giving them access to their student acco~mt, invoices, and statements. Parents can view this information by loggmg onto the campus homepage through their own Internet service provider. Forms of Payment Students n1ay pay ~heir university bills using cash, money orders, personal checks, certified checks, or checks drawn on a major credit card. Students can make payments at the cashiers office or send their payment bymail. Payment Penalties Students who fail to make acceptable payment arrangements within a reasonable period of time will be denied access to the cafeteria and library until such arrangements are made. Students who do not make financial arrangements within the first two days of the quarter will be charged a $20 late payment charge. Students with unpaid balances at the end of a quaiier could be denied enrollment in the next quarter, grade reports, transcripts, and/or university diploma. They will also be responsible for any fees incurred in the collection of their past due account.