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Finances

It is our goal to keep student costs low so that anyone who desire to study

the Word of God is able to do so.

ABI does not charge tuition. There is an annual Utility Fee for all students, and campus residents pay either rent or dormitory room and board. Please see below for a full explanation of our fees.

2009 - 2010 Prices

Total cost for dormitory students: $3580 (six month session - Oct- March) (Includes room deposit)

There is a 5% discount if this is paid by the first day of classes.

Total cost with 5% disount: $3400.00

-- To make an online payment, please scroll to the bottom of the page--

MARRIED COUPLES: The total cost for a married couple living on campus will vary depending on the apartment and the number of credit hours taken by the wife. The 5% discount will apply if all fees and six months rent are paid by the first day of classes. Please call or email abi@xyz.net for more information.

EXPLANATION OF FEES

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  --  $ 95.00
Apartment deposit -- $180.00

REGISTRATION  AND UTILITY  FEE
Every full-time student pays this fee, it covers the building maintenance and utilities fees.         
One time utility fee --  $635.00
Part- time students -- $36.00 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 for the dormitory is $470.00 per month, and includes two meals a day. 
Room and board for 6 months -- $2820.00

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.  The fee covers the six month school session.  
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 $425.00 to $650.00 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 $1400.00 (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.

If you would like to make a payment online, Alaska Bible Institute uses a secure site managed by Paypal.com as its payment processing interface. You may use your credit card or bank account rhough their secure site; a personal Paypal account is not required. You will receive a receipt via email. You may cancel the process and return to this page at any time prior to completing your payment.

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You may also use the button below to designate any payment amount, please use the Instructions box to specify what the payment is for. There is also an option to type a message on the Paypal payment page.

Instructions

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

 

Alaska Bible Institute, 1295 Mission Rd, Homer, AK 99603. (907) 235-8648  abi@xyz.net