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Financial Policies

Financial Information

Current tuition fees are listed on the Tuition Payment Plan form, and are subject to change without notice. Enrollments are subject to the financial and academic policies in effect on the date of official enrollment.

All fees for examinations, tuition, books, and supplies must be paid in United States currency.  Any funds received in foreign currency are subject to bank acceptance, and will incur a service charge of at least $15.00, subject to the bank.  International accepts personal checks, money orders, cashier checks, or cash (please do not send cash by mail).  In addition, Visa and Master Card, Discover, and American Express are accepted for those who wish to pay their tuition over an extended period.  If completion of a program is contingent upon a final tuition payment, we suggest your last payment be in the form of a money order as there will be a three week delay placed on all program completions made by personal check.

Discounts

All programs offer a 20 percent discount for payment in full within 30 days of enrollment.  This tuition discount is not valid in connection with any other discount.

When a husband and wife enroll in “Be Successful In Your Ministry I” or “Be Successful In Your Ministry II” together, one will receive a spouse discount of 50 percent.  This discount is not valid in connection with any other discount, and both must complete the program together.

Scholarships

Ministerial Scholarships are given, under specific circumstances, to ministers with substantial pastoral or ministry related experience, who qualify for credit through life experience.  Students who qualify for this 50 percent scholarship are notified in writing, and the entire tuition is due within 30 days of enrollment.  Extended payment plans are not allowed for this scholarship without the express written approval of the Admissions Office.

Missionary Scholarships are given, under specific circumstances, to active, full-time missionaries currently serving outside the United States.  This is a 50 percent scholarship with the remaining tuition to be paid under any of the normal payment plans.

The Alumni Association Scholarship is awarded based upon extreme financial need.  To be considered for this fund, the student must complete a “Request For Scholarship Form,” and submit it to the Seminary.  First priority is given to students enrolling in the “Be Successful In Your Ministry I” and “Be Successful In Your Ministry II” programs. Scholarships are awarded based upon the availability of scholarship funds.

Hart Fund – This is an endowment fund scholarship awarded to needy students.  Applications are not accepted for this scholarship since the recipients are selected by the Board of  Regents.

Note:  If you are interested in supporting the education of others, please contact our office at (407) 886-3619.  All donations are tax deductible and can be designated by the donor for its intended use.

Refund Policy

Tuition Paid In Full

Students who officially withdraw may be granted a refund of tuition based on the following schedule:

within 3 days of date of payment        100%
within 30 days of date of payment         80%
within 60 days of date of payment         60%
within 90 days of date of payment         40%
after 90 days of date of payment         none

A student must notify the seminary in writing of intentions to withdraw.  The withdrawal date will be the date the notification is received by International, and this date will be used in calculating the amount of tuition refunded.  THE ENROLLMENT FEE IS NON-REFUNDABLE.

Tuition Paid On A Payment Plan

No refund will be made for tuition paid on any payment schedule.  All tuition paid on a payment schedule will be considered forfeited if the student withdraws.

Returned Checks

A service charge of 5 % or $25.00 (whichever is greater) will be added to the student account for any check returned unpaid by the bank.  If a problem persists, the student will be required to submit all subsequent tuition payments by money order.

Note:  Because of processing methods, International will not be responsible for holding post-dated checks.  Every effort will be made to identify such a check and hold it as specified; however, if it is deposited early and returned unpaid by the bank, the normal service charge will be applied.

Donations

International Seminary is a non-profit, interdenominational college which is funded almost entirely by tuition and student donations.  There are several methods in which an interested individual may assist International Seminary in its mission to “Go ye therefore, and teach all nations.”  Funds, property, and life insurance benefits may be given to the Seminary with considerable tax advantages to the donor.  For further information, please contact the Seminary.

Contributions may be made by remembering International Seminary in your will.  The legal form of bequest for International Seminary is as follows:  I give, devise and bequeath to International Seminary, a Florida non-profit corporation located in Plymouth, Florida, the sum of $_______ (or property herein described), to be used by the Board of Regents as it may deem advisable for the benefit of the students at International Seminary.