Financial Assistance

SCHOLARSHIPS

Scholarships are awarded throughout the academic year on a quarterly basis, and range from $500 – $1000. The scholarship funds have been established primarily for students continuing their education at SBC, although some limited scholarship funding may be available to new applicants. For more information on how to apply for an available scholarship, please contact the SBC office.

TUITION DISCOUNTS – UNDERGRADUATE PROGRAMS

A tuition discount is available upon approved application for pastors, missionaries, spouses and dependent children. The discount is not automatically given, but will be evaluated and approved based on the requirements.

More Details

• The pastor, spouse or missionary may receive the discount for part-time or full-time enrollment.

• Qualified individuals must have an established track record of ministry service.

• Applicant must be licensed or ordained, and currently active as a practicing Christian pastor, assistant/associate pastor or missionary.

• A letter on church/ministry letterhead is to accompany this application form. The letter is to certify significant ministerial service of 20 hours or more per week and is to be signed from a supervising pastor or administrative board.

• A copy of ministerial credentials is to be submitted with this form to receive a discount. Credentials are to be from an approved Christian church/ministry.

• Dependent children must be enrolled in a full- time course of study to qualify for the discount.
A qualifying “dependent” child must be no older than 23 years of age at the beginning of the quarter when the discount is desired, and must qualify to be on the parents’ income tax return as a legal dependent.

• A child loses his/her discount privileges the quarter following a status change (including, of course, marriage).

• The financial need of the student will be considered in granting a tuition discount.
Potential discounts to students under a foreign student visa may be considered, but strictly on a case-by-case.)

Pastoral Discount

This discount extends to licensed or ordained pastors who are engaged in significant ministerial service in a church/ministry staff position. There is a 50% tuition discount available for the pastor and/or spouse, and a 25% discount for dependent children.

Missionary Discount

This discount extends to missionaries, both home and foreign, who are serving under official missionary appointments and are considered bonifide missionaries. A 50% discount applies to the missionaries themselves as well as their dependent children.

Full-Time Spouse Discount

When a married student is enrolled in a full-time academic program at the college (minimum of 12 credits), there is a one-half (1/2) reduction in the standard academic tuition for the spouse (credit or audit status).
Note: A married couple may take advantage of only one discount between the two of them—i.e. a missionary couple on furlough would not qualify for a 50% tuition discount under the missionary discount provision plus a 50% spouse discount.

Bring a New Student Discount

Students introducing SBC to others can benefit. A student must be an admitted student, enrolled for credit in order to receive this discount. Each referred new student must also be enrolled as a for-credit student in order for the initial student to benefit.
¼ discount=1 new student
½ discount=2 new students
¾ discount=3 new students
Full tuition=4 new students

Graduated Alumni Discount

A former student who has graduated with an Associate of Biblical Studies degree (or higher) from SBC, is eligible to audit one course per quarter, on a space-available basis for a reduced rate of $60.00.

SPECIAL TUITION RATES – GRADUATE PROGRAMS

IN-SERVICE CLERGY
There is a 25% tuition discount available for qualifying pastors and missionaries. F-1 visa international students continuing on from SBC’s undergraduate program may also qualify for this special rate.

SPOUSAL DISCOUNT
When a married student is enrolled full-time (8 credits) at the College, there is a one-half (½) reduction in the standard academic tuition for the spouse (credit status).