FINANCIAL AID Each teaching site has its own financial aid offerings based on their unique context. Please refer to the addendums at the end of the catalog for the particular financial aid offerings. The New York and Florida teaching sites participate in Federal Title IV financial aid programs and are eligible to process Pell Grants, Stafford Loans, Plus Loans, Federal Work Study and FSEOG federal assistance programs. The Title IV school code is 011859. The following scholarships are available for students who have participated in the Word of Life Youth Ministries program: Cre8ive Discipleship (C-8). Also, qualified students who have worked at a Word of Life Camp may apply for the Summer Ministry Scholarship. Many other scholarships are also available. Interested students should contact the Bible Institute Financial Aid Office for more information. Information concerning additional scholarships, financial aid, and applications are available online at www.wordoflife.edu. Word of Life Bible Institute offers several scholarships each year to students who demonstrate spiritual maturity and leadership abilities. These scholarships are for the position of student leadership. Student Leaders are responsible for overseeing student life in the dorms, for enforcing standards and regulations, for supervising specific work assignments, and for assuming other leadership roles associated with campus life.
Scholarship funds are also made available for dependent children of parents who are full-time pastors or missionaries.
Word of Life Bible Institute is also approved for the training of Veterans and dependents of disabled Veterans in the U.S. Word of Life is eligible to participate in the Post-9/11 program only at the New York campus.
Each student is expected to have completed arrangements necessary to meet any and all financial obligations by Registration. Diplomas are not issued until all financial obligations have been met. Satisfactory academic progress must be maintained to be eligible for all Federal and Veteran aid programs.
REFUNDS If a student withdraws or is dismissed from school, refunds will be granted on the following basis:
Within the first week
100 %
During the second week During the third week During the fourth week During the fifth week During the sixth week After the sixth week
85 % 70 % 55 % 40 % 25 %
No refund except board
Board refunds will be granted on the actual number of weeks remaining in the semester after week six. Federal/State grants and loans will be refunded according to current Federal/State regulations. Students receiving Veteran’s benefits may be contacted by the VA in the event the VA is due a refund.
ADMISSIONS
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