Student Charges
Computer
Housing & Other Costs
Payment of Accounts
Tuition Refund Policy

Student Charges

The charges listed here are those anticipated for the three year Master of Divinity Degree. The Seminary reserves the right to change these charges, and it is possible that some increases will be necessary in succeeding years.

Computer

Within six weeks after enrollment all regular students are required to own a personal computer with approved word processing software. Information and recommendations on approved systems and software programs are available from the staff.

Housing and Other Costs

Students are responsible for securing their own housing. Average apartment rental costs in the area range from $800 to $1200 per month. Living expenses are comparable to the national average with the exception of housing and automobile insurance, which are higher. The following estimate may be helpful in budgeting.

Students should also keep in mind health, car, & life insurance needs that will vary by individual.

Payment of Accounts

The first third of the Fall tuition is due by August first. All other tuition, fees, and chargesare due and payable at registration for each quarter, including Summer Term. Students who are unable to pay their entire quarter charges may elect to use the Three Payment Plan where quarterly tuition may be made in three equal installments. A $25 fee is assessed for this service. Exact payment due dates are furnished by the Registrar or Administration Office at the beginning of each quarter. Students whose installments are more than 10 days late on the Three Payment Plan may be immediately suspended from classes, receive an “F” for those classes, and forfeit the opportunity to enroll in courses for the subsequent term or participate in graduation unless payment is made in full. Transcripts and diplomas may also be withheld. If financial difficulties arise, and a student foresees a problem paying tuition on time, he should immediately discuss the matter with the Registrar and appropriate arrangements will be made.
Students are responsible for paying their own tuition and fees. If students receive financial aid from their churches, or other individuals or organizations, students must make appropriate arrangements with them to insure payments are made on time. The Administration will notify students when payments are due or late. Students with an outstanding balance must have authorization from the Academic Dean to begin new classes. Winterim tuition costs may be added into your Second Quarter (Winter) payment plan.

Tuition Refund Policy

A student who chooses to withdraw from one or more classes, for which they have registered, whether or not they have attended, must officially withdraw by completing the proper forms in the Administration Office. Failure to officially withdraw will result in a W, WP, or WF, on the student’s transcripts, as appropriate. If a student does not officially withdraw, he is not entitled to any refund. Refunds of tuition are based upon the week the official withdrawal form is signed by the Administration Office, not on the time the student ceases to attend the class(es). Summer Greek course is under this refund plan.

Summerim/Winterim refunds

100% refund if dropped prior to or during the first two days of class. There is no refund if dropped or changed to audit after the second day of class. The date used to establish the amount of refund will be the date the withdrawal form is signed by the office of Administration. Financial Assistance The Cornerstone Seminary seeks to keep the cost of tuition as low as possible. Occasionally, financial assistance may become available. Students who need financial assistance to meet tuition costs are encouraged to discuss their needs with the Registrar.