signed statement of financial responsibility as well as signed statements from any agencies or individuals who have taken the responsibility of underwriting the student ' s expenses. These statements must include the exact amount of the commitment. Biola College does not discriminate on the basis of sex , race , color, national or ethnic origin in the administration of its scholarship and loan programs. All questions relating to financial assistance should be addressed to Mr. James A . Fenton, Director of Student Financial Services . PAYMENT OPTIONS Payments on school accounts may be made in the following ways: (1) Payment may be made in full at the time of registration each semester. (2) The down payment may be made at the time of registration each semester and the balance paid by October 25 (fall semester) or March 25 (spring semester) . No finance charge will be assessed in this option. (3) The down payment may be made at the time of registration each semester and the balance paid in three monthly installments (fall: October 25, November 25 , and December 25; spring : March 25, April 25, and May 25). Under this DEFERRED PAYMENT PLAN a one percent finance charge is assessed each month on the unpaid balance .
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