Payments

Payment of all tuition, room and board, and other semester expenses are due according to the payment option chosen.  If a student’s account has not been paid according to the selected payment option before the start of classes, the student will not be permitted to move into student housing, and class registration will be cancelled.

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Option 1

Yearly Payment

Submit a full year’s payment by August 15th. You will receive a 2% discount from your school bill.

Option 2

Semester Payment

Make payment for each semester in full prior to the start of classes.

Option 3

Monthly Payment

Make payment for each semester in up to 4 equal monthly installments.

Refunds

For students who withdraw, are dismissed, or drop a class(es), tuition and fees will be refunded to the student according to the following schedule:

  • 100% before classes begin
  • 100% before the second day of classes each semester
  • 90% within the first and second weeks
  • 80% within the third week
  • 55% within three and three-quarters weeks
  • 30% within seven and one-half weeks
  • 0% after seven and one-half weeks

Any student who withdraws or is dismissed anytime during a semester will be refunded as follows: Tuition, Room and Board will be refunded based on the above schedule.

Grant funds, Gift funds, Veteran benefits and other types of state and financial aid will be refunded to the source of the funds based on the above schedule.

Alaska Bible College will acknowledge a student’s withdrawal in writing within five business days of notification.  Refunds will be made no later than 30 days after receipt of notification of withdrawal or last recorded date of physical attendance, whichever is earlier.

Overdue Accounts

Interest of 1% per month (12.68% Annual Percentage Rate) will apply to any unpaid balance on a student’s account. Students who fail to keep their payments up-to-date after the start of classes may be dismissed and cannot enroll for the following semester.  ABC will not issue an official transcript or a diploma until all accounts with ABC have been paid in full.