A financial aid application is required when applying for any assistantship, grant, entitlement, or scholarship from Biblical. A new application must be submitted each year with all of the required documentation.

Faculty or Department Assistantships
Applicants who are enrolled in a degree program and who maintain a cumulative GPA of 3.0 or higher may be eligible to earn a stipend for assisting a professor as a teaching assistant. This generally requires a commitment to work five hours per week.

Students with a cumulative GPA of 2.5 or higher may be eligible to earn a stipend by serving a department of the seminary. This generally requires a commitment to work 10 hours per week.

Grants
Students with a demonstrated financial need who are enrolled fulltime in a degree program may be eligible for a grant. All students are encouraged to apply.

Scholarships
Scholarships are managed through our financial aid grant application process and must be resubmitted each year. Scholarships are limited in number.

Entitlements
A missionary on furlough is entitled to a 25% tuition discount if he or she is sponsored by a recognized sending agency and is returning from a country other than his or her own for a sabbatical or time of respite between assignments. A missionary is required to provide a letter from the sponsoring organization confirming the missionary's status.

The spouse of a full-time student is entitled to a 50% tuition discount.

Veterans Benefits
As an accredited school, Biblical is recognized by the Veterans Administration. To determine eligibility, students should contact a regional VA office.

Student Ministries, Inc.
Christian workers who are only partially supported by a church or other ministry organization while furthering their ministry training may qualify for additional compensation. Student Ministries, Inc. also remunerates students for performing Christian ministry instead of unrelated secular work. For additional information see their website: www.studentministriesinc.org

Student Loans
Biblical does not participate in loan programs guaranteed by the federal government. We do have a relationship with an educational lending institution that is available to students who are enrolled at least half-time. Current information and applications are available online at www.SallieMae.com online and through Key Alternative Loans.

Tuition Payments
A student's account must be current (no outstanding balances) at all times. Students may make payments under our FACTS Tuition Management System or before each semester. FACTS is a no-interest payment plan with a small enrollment fee.

For additional help regarding financial aid, contact the business office or call them at 800.235.4021 x141.