Financial Information University Financial Operation Policy The University keeps the application fee, tuition, housing, food, and other fees as low as possible to be consistent with responsible operation. The revenue from students does not cover the total cost of operation. Individuals and churches who desire to share in the preparation of young people for effective Christian service in all walks of life partially support the University. 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 — Undergraduate Block tuition (12–17 credits)................................................$17,939 Under block rate per credit (1–11.5 credits)...........................$1,358 Block overload rate per credit (17.5 credits and above)............$928 Pharmacy courses (PPHR) tuition per semester credit.........$1,242 Tuition — Dual Enrollment Per semester credit..................................................................$185 ICC Block Tuition.................................................................$19,602 ICC over block (17.5 & above)..................................................$928 ICC under block (1–11.5 credits)...........................................$1,485 Audit tuition Within block.....................................................no additional charge Under block or over block rate per credit..................................$548 Test-out fee per course............................................................$548 Fees Application fee............................................................................$30 Food per semester 21-Meal Plan – fall/spring....................................................2,055 14-Meal Plan – fall/spring....................................................1,895 10-Meal Plan – fall/spring....................................................1,357 Car registration fee - annual.......................................................100 Drop/add (course) fee ...................................................................5 Graduation fee.............................................................................75 Late payment fee.........................................................................25 Late registration...........................................................................50 Non returned/Late/Lost room key.................................................75 New student fee Commuting student – fall semester..........................................90 Commuting student – spring semester.....................................70 Resident student – fall semester............................................120 Resident student – spring semester.........................................80 Nursing Program fee per semester............................................125 Online course technology fee per credit.......................................35 Returned item fee (NSF)..............................................................20 *Reservation deposit for new and transfer students...................250 Housing fall/spring per semester-standard rate.......................2,465 Townhouse rate per semester.................................................3,527 Student fee per semester Full-time students..............................................................100 Part-time students...............................................................50 Students taking 5 credits or less AND distance learners ......0 Transcript fee...........................................................................12.50 *refundable upon withdrawal For other dorm rates see Residence Life Summary of Costs — Undergraduate Institutional Costs Estimated basic costs for the academic year of 2023–24 (excluding transportation, personal expenses, books, and laboratory fees): Tuition (based on an average of 32 semester hours)..........$35,878 Food (Weighted average) (meal plan).....................................4,110 Housing ..................................................................................4,984 Student fee.................................................................................200 Total Estimated Costs.......................................................$44,972 Miscellaneous Costs Other yearly expenses may be estimated as follows: Books and supplies...............................................................$1,516 Personal expenses (including clothing, recreation, and personal items) Note: laundry included with room...............2,152 Transportation (based on area of residency)........................various Financial aid may be available to help defray costs. See the Financial Aid section of this catalog 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 bill on the due dates established by the University each semester. A student’s registration for courses indicates a commitment to pay for related charges as stated in the University catalog. The following payment plan schedule was established to help students care for this responsibility: Fall 2023 Spring 2024 First Payment Due: Aug. 4, 2023 Jan. 4, 2024 Second Payment Due: Sept. 1, 2023 Feb. 1, 2024 Third Payment Due: Oct. 1, 2023 March 1, 2024 Fourth Payment Due: Nov. 1, 2023 April 1, 2024 A student is not considered financially registered until at least the first one-fourth payment has been received by the Cashiers Office. Students who do not make financial arrangements for the first payment due on their University bill will not be permitted to attend the University. Failure to make subsequent payments could result in the loss of dining hall and library privileges and the withholding of grades and online registration. 2023–24 Undergraduate Academic Catalog Page 305 Financial Information Financial Information
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