Explanation of Fees

Application Fee

The application fee, made payable to IBC, must accompany the application form. Continuous undergraduate enrollment (fall, winter, spring, summer) will exempt a student from repeated payment of the application fee. Annual enrollment in a graduate program exempts a student from repeated payment of this fee.

Continuation Fee (D.Min. Students only)

If the dissertation project is not completed within one year of the student’s being enrolled in En 730, he will be billed an annual $100 continuation fee until the dissertation project is completed.

Course Work Extension Fee (Graduate students only)

A $25 fee may be assessed each time a graduate student requests a one-month extension for his or her course work. A limit of three extensions may be requested.

Drop/Add Fee

A fee of $10 per class will be charged each time a student drops or adds a class.

General Fee

The general fee is a student fee to cover media center usage, student activities and events, registration/matriculation fees, and yearbook for students taking more than four hours per semester.

Late Fee (Registration or Earnest Payment)

A late charge of $50 is made for the student who has not registered by the published registration date or is late with the earnest payment.

Residence Hall Earnest Payment

The residence hall reservation charge secures residency status for students in the residence hall. The amount is applied to the student’s down payment and is due on July 15th.

Residence Hall Room and Key Deposit

A $50 deposit is charged to the student’s school bill and refunded when the student returns the key and when the student’s room is satisfactorily inspected at the end of each year.

Transfer Fee

A one-time, non-refundable fee of $10 is charged to students transferring credits into IBC from another institution. The fee is billed upon completion of the registration process.

Transcript Fee

After the first copy of a transcript has been requested, a one-time $5 non-refundable transcript fee per copy is charged to students requesting transcripts to be sent to another institution.

Tuition Earnest Payment

The tuition earnest payment is due from all students in order to secure registration in the College each year. The amount is applied to the student’s down payment and is due on July 15th.

Auditing a Course

Students wishing to benefit from certain classes without taking them for credit may register for such classes on an "audit" basis. Auditing a course costs one-half of the regular tuition and entitles the student to attend all classes during which a major test is not being given. Since an auditor does not receive credit for the class, he/ she is not required to take examinations or do major assignments. With special permission from the instructor, the auditor may take some of the tests. No grade is given for the course. Students pursuing a college degree may not audit courses without the administration’s permission.