| Expenses
The King’s Seminary makes every effort to offer
quality theological education at the most moderate cost possible.
It is the gracious support of donor/partners across the country
which enables The King’s to keep tuition and fee cost so
modest.
Payment of Accounts
All tuition and fees are due and payable in full at the
time of registration. Payment may be made by cash, check, or credit
card. Students may pay in person, by mail, and by phone if using
a credit card. Students will incur a $55 late registration charge
for any payment not received by the deadline for registration.
The King's Seminary will not communicate balance information
for payment from anyone other than the student unless the student
has authorized the release of his/her account information to his/her
parent(s), legal guardian(s), company, or another individual by
signing the Release
of Student Information form and submitting it to the Registrar
office.
Deferred Payment Plans
Students may choose from two deferred payment plans. The Two Payment
Plan allows students to pay one-half of their balance at the time
of registration and the second half at a designated time during
the quarter that is set by the institution. The Three Payment
Plan allows students to pay one-third of their balance at the
time of registration with a second and third one-third balance
payment at designated times during the quarter that are set by
the institution. There is a deferred payment fee when students
choose a payment plan. Payments not received by the scheduled
due date will incur a late payment charge. Accounts must be cleared
prior to the taking of final examinations. Students may contact
the Student Accounts Office at any time during the quarter for
their account balance.
Improper Payment
When a personal check or credit card payment is returned, the
student will be charged an insufficient funds processing fee.
Bad payments must be rectified within five days of notification
from the school. Students whose payments are returned, may be
denied future enrollment if such practice occurs multiple times.
Outstanding Balances
A student’s account must be current by the end of each enrollment
period. Students will not be permitted to register for courses
in subsequent quarters if they have an unpaid balance on their
account unless special permission is obtained from Student Accounts.
Balances remaining on a student’s account at the end of
the quarter will incur a financial charge of 1.75% per month until
paid in full. This is an annual interest rate of 21%. A student’s
records, grades, and transcripts will not be released while an
outstanding balance exists. The King’s may report unpaid
accounts to national credit agencies and solicit a collection
agency to secure payment of delinquent accounts. Students will
be responsible for the payment of all collection costs including
attorney and court fees.
Refund Policy
Tuition credit/refunds are given for withdrawal from a course(s)
when an official Schedule Adjustment (Drop/Add) Form is filed
with the Registrar. Students may withdraw from a course and receive
a full tuition credit/refund anytime prior to the beginning of
the course or during the first week of a ten-week quarter. The
date of withdrawal is certified as the date on which the Schedule
Adjustment (Drop/Add) Form is filed with the Registrar (not the
date of the last class attended). Failure to attend class does
not constitute withdrawal. Students failing to properly withdraw
from a course will not normally receive a tuition credit/refund.
Fees are nonrefundable.
Refunds are issued according to the following schedule minus
the nonrefundable matriculation fee. |
