Payments
Alaska Bible College will take into consideration any financial
assistance that the student may receive such as gifts, private
scholarships, Veterans Educational Benefits, Alaska Bible College Work
Scholarship, state or personal loans, and eligibility for an Alaska
Bible College Need-Based Grant.
A student may choose from one of three
payment options at ABC. They include:
Option 1. Full year’s payment
by August 15th (receives a 2% discount).
Option 2. Payment for each
semester in full prior to the start of classes.
Option 3. Payment for each
semester in up to 4 equal monthly installments.
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 meet their financial obligations to the
College may be dismissed and cannot enroll for the following semester.
The College will not issue an official transcript or a diploma until all
debts with the College have been paid in full.
Payment of accounts
A student may not attend class until their account is paid or a
payment plan is in place.
How can I pay my bills?
Students can pay by cash, check, Discover Card, Mastercard, Visa or
debit card.
Refunds
A pro-rated system has been developed to provide refunds to enrolled
students who cannot finish the semester.
For students who withdraw from school,
tuition and fees will be refunded to the student according to the
following schedule:
| |
|
|
If
Student Withdraws: |
Alaska
Bible College Refunds |
|
|
|
|
Before
classes begin |
|
100% |
|
Before the
second day of classes each semester |
|
100% |
|
Within the
first and second weeks |
|
90% |
|
Within the
third week |
|
80% |
|
Within three
and three-quarters weeks |
|
55% |
|
Within seven
and one-half week |
|
30% |
|
After seven
and one-half weeks |
|
0% |
College-retained room and board charges
are determined on a prorated basis.
Any student who is called to active military duty anytime during a
semester will be refunded as follows: Tuition will be refunded 100% and
Room and Board will be pro-rated.
Alaska Bible College Need-Based Grant
funds, gift funds, Veterans Benefits, and other types of state and
private financial aid will be prorated and refunded to the source of the
funds should a student withdraw or be dismissed.
|