Educational funding to support and sustain the mission of The Bible Seminary derives primarily from student tuition and fees, scholarships, and donations. Students interested in receiving financial assistance to attend The Bible Seminary can pursue one or more of the following options.
Student Scholarship Funds - The Bible Seminary is a 501(c)(3) institution of higher education incorporated in the state of Texas in 2010, and all donations are charitable and tax deductible as allowed by law. Donations to this fund help with student tuition, fees, and other educationally-related institutional expenses.
Residential Assistance - Students and their families who need local housing may request residential assistance from The Bible Seminary. We are working toward creating a residential seminary community and plan to work with our students to help provide arrangements for those who need assistance in this area.
Regarding Student Loans
We realize that conventional educational philosophy - and the rising cost of education - has evolved to include the expectation that students will take out loans as part of their educational journey. However, The Bible Seminary does not encourage this practice. Our preference is to do all we can to help our students and their families commit to, journey through, and attain their degrees without incurring financial debt or undue financial obligations that would hinder their future ministry. If students desire to pursue loans for educational purposes, they may, but The Bible Seminary is not registered with the Federal Student loan program or any other governmental or business agency or entity offering these type of services.
Raising Personal Support for Tuition
Even though IRS regulations dictate that money given directly by family members for tuition and fees is not tax deductible, we encourage students to consider how God may want to provide through this avenue. People who believe in the student’s calling to ministry, based on common values and passion, are often willing to help provide the funds for the student to follow that calling. Building and sustaining supportive relationships with a network of people is an essential skill and practice for everyone that is going to be in ministry. Asking those same people to participate financially is actually giving them the opportunity to be involved with the student in ministry. Stepping out on this journey of faith is a life changing experience for students and their supporters.