Quality Education at an Affordable Price

Not every student is able to afford the high tuition rates of other private Christian Colleges. In contrast, Louisville Bible College seeks to serve our students well by keeping tuition so low that all of our graduates are able to receive their diplomas without accumulating any student debt. With this in mind, there is no need for students to struggle through the complexities of “financial aid” or to compete with other Christians for a limited amount of grant money. Instead, every student benefits from a tuition rate that is only a fraction of what it would be at other schools.

Expenses to Expect

A one time, non-refundable application fee of $15.00

A non-refundable semester registration fee, required of all students at the time they register for classes. The fee is adjusted on the following schedule:

• Pre-Registration $15.00
  For students who register more that one week prior to the first day of classes
• Registration $35.00
  For students who register in the week prior to the first day of classes
• Late Registration $40.00
  For students who register on or after the first day of classes
  

Tuition

• Undergraduate $125.00 per credit hour
• Graduate $135.00 per credit hour
• Auditor $60.00 per credit hour
• Online Courses* $165.00 per credit hour
  *(This tuition includes a $120.00 technology fee.)

Textbooks

• Required texts for courses are available for purchase through www.MBSdirect.com, Religious Supply Center, The Christian Book Nook, and many websites online. Textbooks are also put on reserve in the LBC library for students who choose not to purchase them. For more information please
  contact our Textbook Coordinator, Mrs. Cleo Turner at 502.231.5221.

Degree Fee

Students receiving degrees upon completion of their courses of study and compliance with all other graduation requirements will be required to pay a non-refundable fee payable the semester of graduation.

• Certificate $30.00
• Undergraduate $45.00
• Graduate $55.00

Withdrawal Fees and Refunds

In the event a student officially withdraws from a course, refunds will be made
as follows:

First Week of Classes 100% of tuition
Second and Third Weeks of Classes 75% of tuition
Fourth and Fifth Weeks of Classes 50% of tuition
After the Fifth Week 0% of tuition
Weekend class refunds made during the first class session only at 50%.

A refund of housing and other expenses will be made according to the number of weeks in residence and/or attendance.

Library Charges

The library will assess charges in accordance with the Library Handbook. These charges will be included in the student’s account and must be paid by the end of the semester.

Directed Readings Course Fee

There is an $85.00 fee for every directed reading course.

Student Housing

Single students living in College-provided housing will pay approximately $175.00 per month, with payment due in advance. At the time of registration, students living in College-provided housing must pay a $10.00 key deposit and a $50.00 room deposit. These deposits will be assessed per semester. Commuting students or pre­-approved overnight guests may stay for $8.00 per night when room is available. Linens are available for an additional charge of $5.00 per set.

Financing Your Education

Tuition and fees are payable in full at the time a student enrolls.  If the student is unable to pay tuition in full at the time of registration, a minimum payment of 20% of the total tuition will be required.  Payment of the remaining 80% will be arranged interest-free on a monthly schedule over the course of the semester.  The student will be required to sign a promissory note agreeing to the payment schedule.

The finance office administers a limited number of restricted scholarships, tuition grants, and waivers.  These are primarily intended for students in financial need, and apply to tuition only; fees must still be paid by the student.  A list of these arrangements can be requested from the finance office.  In addition to financial resources offered by LBC, many students find that their churches are glad to provide some assistance with tuition upon request.

In case of hardship, the student must submit a written request for an alternative payment arrangement.  The request should outline the nature of the hardship, and include a proposed payment schedule.  If the financial office approves the request, the student will be required to sign a promissory note outlining the payment schedule.

Financial Aid Programs

College Work Study Program offers capable students part-time employment with LBC, especially in maintenance and housekeeping. This is limited and based on the needs of the students as well as those of the College. Students desiring more information should contact the Business Office.

Spouse Tuition Grants make it possible for married couples to go to college for the cost of one. The spouse who is carrying the least number of hours may attend tuition-free assuming all other requirements are fulfilled. (The Spouse Tuition Grant does not apply to home studies, modules, or outreach classes. Spouses of EXCEL students entering the EXCEL program will be granted a scholarship of half the regular EXCEL tuition cost.)

Senior Citizen Grants permit full-time students over 65-years-old to attend tuition-free. Part-time students over 65 are required to pay only 50% tuition rates. (Senior Citizen Grants do not apply to home studies, modules, or outreach classes.)

Contest Scholarships provide financial assistance to those who have excelled in pre-approved competitions such as Preacher Boy contests, Bible Bowl, and Bible Knowledge.

The following scholarships are available to qualified students. Since each scholarship has its own specific qualifications for eligibility, students should check with the Admissions Office to determine if he or she is eligible. Qualified students also need to complete and submit a Scholarship Application Form.

Presidential Scholarships are available to assist students who have shown achievement in leadership and academics, who have proven Christian character and/or who are in financial need. These would normally not exceed a student’s tuition. Applications for this scholarship should be made only after all other avenues have been exhausted.

Bradfordsville Christian Church/Joshua and Verna Wesley Scholarship is granted on an annual basis to full-time students who have established financial need.

Larry Ray Miller Memorial Scholarship is granted on an annual basis to older (over-thirty) ministerial students.

Regents Scholarship is a scholarship founded by members of the LBC Board of Regents to promote excellence in developing Christian Leadership in our churches. It is granted on an annual basis to students who have established financial need and potential for ministry.

Walter W. & Mary-Lou Steever Scholarship is a tuition scholarship. It is granted on an annual basis to part-time or full-time male ministerial students who are members of congregations identified with the Restoration Movement, who have a definite and evident financial need, and who maintain good academic standing.

Riverside Christian Church Scholarship is an annual tuition scholarship granted to male ministerial students who are members of independent Christian Churches or independent Churches of Christ, who have a definite and evident financial need, and who maintain good academic standing.