FINANCIAL INFORMATION
Recognizing the great need for the Biblical training Southland
Bible Institute offers, and the inability of many who desire such
training to meet the high cost of most higher education,
Southland continues to hold the cost of its program to a
minimum. EXPENSES
Registration fee per semester $25.00
Class fees per semester hour $25.00
Room & Board per semester $1050.00
Textbooks per semester VARIES
Examples of cost:
Full-time single resident student (per semester)
Registration $25.00
Class fees $450.00 (18 semester hours)
Room & Board $1050.00
TOTAL $1525.00 (plus textbooks)
Single students arriving on campus early, and/or staying
after the semester ends, may be charged $5.00/day for
room. Full-time commuting student (per semester)
Registration $25.00
Class fees $450.00 (18 semester hours) TOTAL $475.00 (plus textbooks) Part-time commuting student (per semester)
Registration $25.00 Class fees $75.00 (3 semester hours)
TOTAL $100.00 (plus textbooks)
The above costs are subject to change at the beginning of the
semester after notice has been posted to this effect at least
thirty days prior to the beginning of registration. A 50% reduction of class fees shall be granted to spouses of
full-time students, and to their children who live at home. SETTLEMENT AND
ADJUSTMENT OF ACCOUNTS
A minimum of one-fifth of the semester’s total charges will be
due at registration. The balance will be due in four equal
payments on the first of each month. If payment is not
received by the 10th, a late fee of 18% of the amount due or
$10.00, whichever is less, may be assessed.
Students leaving school with an unpaid balance may be
assessed a 1.5% fee on the 10th of each month until accounts
are paid. REFUND POLICY
The registration fee is not refundable. Refund of class fees
depends on the length of time a student has been in
attendance. The percentage of charges refunded is as
follows:
First week.......... .......... .......... .......... .......... ........ 75%
Second week .......... .......... .......... .......... .......... .. 50%
Third week .......... .......... .......... .......... .......... ...... 25%
After the third week .......... .......... .......... . (no refund)
If the student is dismissed from the Institute, no refunds will
be granted. FOR STUDENTS RECEIVING VA BENEFITS
If a student who is receiving an educational assistance
allowance from the Department of Veterans Affairs fails to
enter the course, withdraws, or is discontinued at any time
prior to completion of the course, the amount charged for
registration fee and tuition for the portion of the course
completed shall not exceed the pro rata portion of the total
charges for the course that the length of the completed portion
of the course bears to its total length.
ACCOUNTS PAYABLE
All student accounts must be paid in full at the end of each
semester. Any student whose account is not paid in full at the
end of the semester may not be allowed to enroll in the next
semester. Southland reserves the right to examine any
delinquent account at mid-term with the possibility of asking
the student, who has shown no responsibility in regard to his
account, to leave school. Southland is pledged to help those
who do their best spiritually, scholastically, and financially.
Any resident student leaving before the close of the semester
will be expected to take all his belongings from school housing
immediately. Southland will not be responsible for items left in
school housing after the student severs his status as a
student. All items left in the dorm one month after the student
leaves will be removed from the school housing. |