Finances

For the 2007 – 2008 academic year, the following fees apply:
(The academic year is a six month period from October through March.)

DEPOSITS 
This is due when a student is accepted for the school year.  The deposit holds either a dormitory room (for single students) or an apartment (for married couples).  The deposit is fully refundable if a student does not attend, and is used as a cleaning/damage deposit.
Dormitory deposit  --  $ 85.00
Apartment deposit -- $165.00

REGISTRATION  AND UTILITY  FEE
Every full-time student pays this fee, it covers the building maintenance and utilities fees.         
One time utility fee --  $575.00
Part- time students -- $33.00 per credit hour.

DORMITORY  ROOM  AND  BOARD
First year single students are required to live in the dormitory unless special permission is granted by the AVM board.   Room and Board costs for the dormitory is $420.00 per month, and includes two meals a day.  An optional third meal is available for an additional $65.00 per month.
Room and board for 6 months -- $2520.00

INTERNET  AND  TECHNOLOGY  FEE
Students are charged this fee for use of the internet, computers and/or printers.  Students may opt out of these costs if they are not using these items.  Students must also agree to ABI’s  internet policy.   
Internet fee --  $30.00

APARTMENT  COSTS  FOR  MARRIED  STUDENTS
There is limited married housing available on campus.  These are small one and two bedroom duplexes, or a three bedroom cottage for larger families. Prices vary depending on the apartment.                              
Married Housing -- from $385.00 to $600.00 per month

BOOKS
The Bible is the primary textbook, so the cost of the required classroom books and materials should not exceed $250.00 per year, and is most often less than $100.00

ABI has a Payment Plan
An initial payment of $1415.00 (plus the room or apt. deposit) is required at the beginning of the school year.  This applies to students living on campus.  The remainder may be paid over the remaining five months of the school year, with payments due on the first of every month.  Students who fall behind on their payments may be dismissed from school.

It is our goal to keep student costs low so that anyone who desires to
study the Word of God is able to do so.

Acceptance to the Alaska Bible Institute is granted to applicants meeting the admissions
requirements without regard to race, color or national origin.