Financial Information

Tuition & Fees
The tuition rate for 2013-2014 is $210.00 per semester hour. Thus, for a semester with four 3-credit courses the total tuition will be $2,520.00. For a semester with five 3-credit courses the total tuition will be $3,150.

Estimated average cost of texts and materials are $300 for Leadership & Ministry and $375-400 for Business Administration and Management per term.

Application Fee and Enrollment Deposit
At the time of application, the student will be pay a non- refundable $75.00 application fee. In addition, there will be a $75 registration fee/enrollment deposit. The enrollment deposit guarantees the student a place in a specific cohort group and applies toward the tuition paid at the beginning of the first semester. Enrollment deposits are accepted until a group size of 20 has been reached.

Books and Materials
At the beginning of each semester students will be informed as to the cost of textbooks and materials. This amount will be determined from the retail price of the individual books and materials. Books for the next class will be brought to the final session of each class and students will need to make payment for the books at that time unless other arrangements have been made.

FAFSA

Students interested in the REACH Program are urged to file a FAFSA (Free Application for Federal Student Assistance) at:

 

http://www.fafsa.ed.gov

  • Both the student and parents (if student is under the age of 24) apply for a pin number (electronic signature).
  • The previous year’s tax return for the student and parents are required to complete the information.
  • Where the form asks for the school code, enter South Florida Bible College’s code:
  • Transfer students must call 1-800-4-FEDAID to add South Florida College to their FAFSA.
  • To determine eligibility to participate in the Federal Stafford Loan Program, under the Student Information section where you are asked the question "What types of student aid interest you?" check the box for "Student Loans"
  • The student (and parent, if the student is under the age of 24) signs the FAFSA using their pin numbers and click "submit."
  • The Estimated Family Contribution (EFC) will be sent to the student by email for use when completing the Financial Aid Interview. The student must read through the report carefully to determine that all information on the report is accurate. If the student lists South Florida Bible College as the first college of choice on the SAR, the SFBC Financial Aid Office will also receive this notification.
  • The college should receive notice of your filing and the EFC number within 72 hours after the FAFSA is filed.
  • Students enrolled in the REACH Program qualify as full time students as each semester is 12-15 credits.

 

Payment Plan
For students who are unable to pay the full semester’s tuition and fees at registration, the College will make available a three-payment installment plan. One-third of the payment is due at registration, one-third is due the first of the second full month (30-60 days after registration), and the final one-third is due the first of the third full month after registration. Payment of tuition and fees is accepted by cash, check, or credit card.

Tuition Reimbursement Plans
Many corporations have programs to encourage their employees to complete their education. In many cases, these programs involve tuition reimbursement. When a student’s employer has such a program, the college will assist with a deferred tuition plan. Students must obtain the Tuition Reimbursement Request Form from the REACH Degree Completion Program Office. That form must be completed and returned to the office along with a copy of the employer’s policy and a letter from the employer stating that the employee is eligible for the program.

The College will provide a listing of all charges and notification of the student’s successful completion of modular courses or semesters according to the employer’s requirements. If the tuition reimbursement plan covers less than 100%, the student will be required to pay the portion of tuition and fees not covered by his or her employer at registration. If the employer payment involves payment after registration day, the student is expected to pay a minimum of the application fee ($75.00), the registration fee/enrollment deposit ($75.00) and the Text and Materials Fee ($300-400) for the semester at the time of registration.

If the employer’s plan calls for payment at the end of each course or at the end of the semester, the plan must be approved in advance by the Finance office. The student will be responsible for any amount that is not paid by the employer for any reason.

 
Refunds

A student shall normally be assessed tuition charges by the term. If a full-time student decides to withdraw from the REACH Program before the end of a semester, the tuition for that semester will be divided into four or five equal parts (depending upon how many courses there are per term). One part will be refunded for each course remaining in the semester. If a student has attended one class meeting of a course before dropping the course, 75% of the tuition for that course will be refunded in addition; by attending two class meetings, 50% would be refunded. If a student has attended more than two class meetings of the five meetings in the course, he/she will be charged for the entire course. All fees are non-refundable.

Part-time students (1-11 semester hours of credit) will follow the policy above for any courses not completed. Students will not be refunded any portion of the tuition for courses already completed.

The date of withdrawal shall be the date on which the student completes and turns in the appropriate forms for the College and not the date of last attendance (forms are available in the REACH Program Office).

If a course is failed, the student shall be assessed the tuition again for the course when repeating the course. Students dropping back to a later group will be assessed tuition at the time of reentry only for those courses they need and enroll in at that time.

STUDENT FINANCIAL ASSISTANCE

Any student wishing to apply for financial assistance should contact the Financial Aid Office 954-545-8325. The Student Financial Aid Office is available to answer your questions and to help estimate your eligibility for financial assistance. Office hours are Monday, Tuesday and Thursday: 11:00 am—7:00 pm. Other hours are available by appointment.

 

More information on the FAFSA can be found on our financial aid website

So that your financial aid eligibility may be determined in a timely manner, please contact the Student Financial Aid Office four to six weeks prior to the beginning of Course One. At that time, identify yourself as a student with questions about the Degree Completion Program. Students who call with requests will be mailed the Degree Completion Program Financial Assistance Packet which includes an application and the necessary steps to apply.

Earning College Credit
If you enter the REACH Degree Completion Program with fewer than 78 semester hours, you may seek to gain the remaining hours of credit needed to graduate in several ways as noted in the following paragraphs. A maximum of 30 semester hours can be accepted when ithas been achieved in a combination of the following ways: Evaluation of Alterative Educational Experiences, Credit by Examination, and Credit by Demonstrated Competency (CDC). Unless otherwise approved, this credit will be applied only to elective credit.

Evaluation of Alternative Educational Experiences
The College will evaluate formal educational experiences gained in non-college settings. Where the American Council on Education (ACE) has evaluated such courses, the College will use the evaluation in the appropriate guide as source for determining what credit might be given. Students may have had courses in specialized institutes, e.g. banking or real estate or courses as part of vocational training in industry; in a technical institute or as specialized training in the military. South Florida Bible College will evaluate such work according to standards established by accrediting associations.

Credit by Examination
South Florida Bible College will accept the results of testing by CLEP (College Level Examination Program), DSST, the military equivalent, or a departmental examination accepted by the College. There may be charges in addition to the costs involved with taking the examination.

Credit by Demonstrated Competency (CDC)
CDC allows a student the opportunity to prepare a portfolio describing specific work activities and life experiences and then to document the learning that resulted from these experiences. Material for this portfolio can come from a number of different sources, including workshops, seminars, self-study, non-credit classes training courses, and work experiences. Please note that itis the learning (and not merely experience) from these sources that is evaluated. Appropriate faculty members will evaluate the written portfolio and determine what credit might be warranted. In the admissions process the REACH Degree Completion Program staff will provide you with an estimate of the number of CDC credits you might expect to receive through this program. Students will be assessed fees when they submit their portfolio. A schedule of fees for CDC evaluation is available in the REACH Degree Completion Program Office.