FINANCIAL INFORMATION

This Financial information be provided in this section reflects Horizons education prices for academic year 2012 -2013, effective July 1, 2012. The institute reserves the right to assess new charges in relation to rising costs.

Tuition and Fees

All new students must pay tuition and fees in full at registration. Returning students who cannot pay tuition and fees in full at registration may apply for the Deferred Payment Plan in the Business Office. To qualify for the Deferred Payment Plan, the students account from the previous Quarter must be paid in full. The student must pay at least 25 percent of the tuition and fees that are due in the current Quarter. The balance, plus a five percent fee, is divided into three equal payments. Each of these payments is due on the 15th of the month (or the first business day thereafter) for the next three months.

Tuition

Bachelor Program $120/per unit
Master Program $150/per unit
Doctor Program $200/per unit

Fees

Application Fee $100 (with application, non-refundable)
Registration Fee $50 (each quarter)
Student Fee $50
Official Transcript $50
Library Fee $20
Student ID $20
Late Payment Fee $30
Late registration Fee $20
Exam Rescheduling Fee $20
Certification of Enrollment $20
Foreign Transcript Evaluation $100
Undergraduate Graduation Fee $200
Graduate Graduation Fee $300
Dissertation Fee BA: $200 MA: $300 ThD: $400

Payment Policies

Students must pay at least 75% of the tuition after registration and payment of registration fee. The rest of the tuition must be paid last day to Add and Drop. Late payment of the remaining 25% tuition and fees are subjected to a penalty charge.

Refund policies

If you find it necessary to withdraw from the college you may be eligible for a refund of part of your tuition. (We do not give refunds of fees, nor do we give refunds for courses that you are auditing). In order to qualify for a refund, you must notify the Registrars Office of your desire to withdraw. As part of the withdrawal procedure you must settle all accounts. If you do not follow the withdrawal procedure you will receive a grade for all courses and will forfeit your eligibility for any tuition refund. Students who are dismissed or suspended from the college are not eligible for any refund.

The student has a right to a full refund of all charges less the amount of $100 for registration, fees for any placement and diagnostic testing, and $100 for admission (if applicable) if he/she cancels this agreement prior to or on the first day of instruction. In addition, the student may withdraw from a course after instruction has started and receive a pro rata refund for the unused portion of the tuition and other refundable charges if the student has completed 60 % or less of the instruction.

The following method for calculating the pro rata refund is stipulated by the California Educational Code (CEC section 94820), which indicates that the hourly rate of instruction shall be calculated for the course based on total hours of instruction and tuition paid; this rate shall then be used to calculate the cost of instruction already received by the student for classes attended. The remaining amount (indicating classes not attended) shall be refunded, minus an allowable $100 registration fee. If the school cancels or discontinues a course or educational program, the school will make a full refund of all charges. Refunds will be paid within 30 days of cancellation or withdrawal.

Scholarships and Financial Aid

As part of your application packet you will receive a scholarship application (You can also obtain this form from the Registrars Office). By completing and submitting this form, you can apply for a number of scholarships provided by various friends of the college. A scholarship committee comprised of members of the administration, faculty, and staff matches the information supplied on your application with the criteria set by donors.

Financial Aid

Horizon Institute does not participate in federal or state financial aid or loan programs at this time. However, there are a number of scholarships available. The following list describes some of our available scholarships:

Presidents Sacrificial Leadership Scholarship

The Presidents Sacrificial Leadership Scholarship has been established to honor students who have exhibited or have the potential to exhibit extraordinary leadership qualities of a sacrificial nature. Students must pursuing a degree have a minimum GPA of 4.0 and have completed at least 30 units at the institute.

Award: Up to a full-tuition scholarship per year to be used for tuition/books/room and board

Scholarship Criteria: Multiple recipients are to be chosen by the Scholarship Committee and confirmed by the President of the institute.

Dean of Theologys Honorary Scholarship

The Dean of Theologys Honorary Scholarship has been established to honor students who have exhibited or have the potential to exhibit extraordinary abilities as a theologian and Christian leader.

Award: Up to half-time tuition per academic year.

Scholarship Criteria: Students must pursuing a degree have a minimum GPA of 3.65 and have completed at least 30 units at the institute. The recipient is to be chosen by the Dean of the School of Theology and the Scholarship Committee.

Additional Scholarships

Several churches provide monies to assist students in attending Horizon. We encourage you to let your home church and your home presbytery know that you have been accepted into Bible College.