Financial Information
Tuition and Fees
| Bachelor of Theology (B. Th) | $246 per credit hour |
| Bachelor of Sciences in Business Administration (BSBA) | $330 per credit hour |
| Master of Divinity | $400 per credit hour |
| Doctor of Ministry (D. Min) | $450 per credit hour |
| Audit | $100 per course ($75 for alumni) |
All fees listed here are subject to change and are non-refundable.
| * Application | $200 | * Returned checks | $20 |
| * Transfer Credit Evaluation | $100 | * Installment Fee(each payment) | $25 |
| * OPT I-20 Request | $200 | * Graduation | $200 |
| * English test for admission | $50 | * Late payment | $50 |
| * Student Tuition Recovery Fund to
BPPE (B.Th)
|
$52.60
|
||
| * Student Tuition Recovery Fund to
BPPE (M. Div) |
$60 | $60 | |
| * Course Registration | $50 | * Transcript—each copy | $20 |
| * Late Course Registration | $100 | ||
| * Student Activity | $15 | * Student ID card | $20 |
* Estimated Annual Costs
| Master Program | Bachelor of Arts(B.Th.and BSBA) | |
| Tuition and fees (30credit hours per year) | $7,500 | $5,400 |
| Books and Supplies | 800 | 800 |
| Personal | 4,600 | 8,400 |
| Transportation | 1,000 | 1,000 |
| Total | $20,00 | $18,300 |
Payment Options
Minimum down payment of 40% of total cost for all tuition and fees, with balance to be paid in three monthly installments of 20% each starting with the month following the beginning of the term. Bi-monthly deferred plans are available in exceptional cases. Payment plans are available only for courses spanning five weeks or more. Short-term courses, two days to four weeks length must be paid in full upon registration.
$25 deferred payment fee will be assessed against each account if the student chooses to pay on a deferred payment plan. A late charge of $50 will be charged for each installment not paid when due. A fee of $20.00 will be charged for returned checks.
All deferred payment plans require the completion of an agreement between Kernel University and the student. If the student is listed as a dependent on an income tax report, a cosigner is required on the agreement. No student is allowed to register for a semester term if a debt is owed from previous semesters/terms.
Refund Policy
The student has the right to a full refund of all tuition and other refundable charges if he/she cancels this agreement at the first class session, or the seventh day after enrollment, whichever is later.
In addition, the student may withdraw from a course after instruction has started and receive a pro rata refund for unused portion of the tuition and other refundable charges if the student has completed 60% or less of the period of attendance.
- Refund Formula :
Tuition Refund = Semester Tuition Paid x (Number of Weeks of Instruction Remaining in Semester/Total Number of Weeks in Semester)
Example: ($4,000 Tuition Paid; Student Dropped at End of 4th Week; 15 Weeks per semester)
Tuition Refund = [$4,000.00] ⅹ (11 weeks / 15 weeks) = $2,934.00
Procedures to Cancel Enrollment Agreement or Withdraw from Institution
- Students must complete and submit a signed and dated Withdrawal Notice Form to the registrar.
- Verbal, email, or telephone cancellations or withdrawals will not be accepted.
- The refund formula above shall be based on the date the school’s office receives the completed Withdrawal Notice Form.
- No refunds may be disbursed to the student until the Financial Aid Program has been repaid, if applicable.
- The school is obligated to repay the following funds:
- Title IV Sources
- Unsubsidized Federal Direct Stafford Loans
- Subsidized Federal Direct Stafford Loans
- Scholarships