EBC is committed to helping people enter ministry
without incurring college debt. This means that we make every effort
to keep fees as low as possible. All registration and tuition costs
must be paid before the first day of class (unless you have filed
a payment plan contract with the Registrar). Checks should be made
out to Eternity Bible College.
Application fee $25
Late application fee $50
Late Registration fee $50
Cost per credit hour $175
Resource fee (per semester) $100
Technology fee (one-time fee) $100
Books (semester average) $200-$250
Unofficial Transcript (each) $5
Official Transcript (each) $7
Returned Check Fee $25
Graduation Fee $60
Course Fee: $50
Technology
Fee: $100 (one-time fee / valid for 5 years)
Books (optional): $200-$300
Returned Check Fee: $25
We are absolutely committed to providing a Bible education at a price
that allows students to graduate without debt. Some of you will
notice that our tuition has increased from $125 to $175 per credit.
We want to take a moment to explain why we have increased our tuition
and reaffirm that we are still fundamentally committed to allowing
students to graduate without debt.
Throughout the 2010-2011 school year, EBC has been
working through a financial crisis. The funding we received through
tuition and contributions left us with a shortfall—even with holding
back in many areas, including advancement and staffing. Because of
this, we have decided to raise our tuition to $175 per credit. We
believe that this price should still enable most students to graduate
without debt. That is not to say we believe it will be easy or doable
for all students. We have scholarships available for students who
are unable to meet this expense.
To put our tuition in perspective, consider the
following:
- The average ABHE school spends $26,432 per
student per year.
- EBC spends about $6,200 per
student per year—that means we are able to reduce 77% of
the cost simply by the efficiency of the way we operate. That includes
things such as our simple campus, hard-working staff, and reasonable
salaries.
- We are budgeted to bring in contributions that
amounts to about $3,050 per student next year,
which will cover about 49% of the remaining cost.
- That leaves the average tuition of $3,150 per
student (18 credits/year, which is the average number of units
a student takes).
Scholarships will be an important part of helping
students make tuition. In the past, we basically gave every student
a scholarship (by only charging $125/credit) and then had to raise
the money to cover that scholarship. With the increase in tuition,
we will be distributing scholarships on the basis of need and merit.
We believe that this plan will enable all of our students to graduate
without debt, provided they are willing to work hard and live simply.
We have prepared sample
budgets for our students (both single and married). Of course,
these numbers may not be exact given your specific situation, but
they should give you an idea of what to expect.
Download
our sample budgets
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