Financial
Tuition – Tuition at IBI is $70 per credit hour.  Students taking 6 hours or less must pay tuition at the
time of registration.  Students taking more than 6 hours in a given semester may pay one half of the
tuition at registration and the other half in two equal payments 30 and 60 days after registration.

Incidentals – There is a $10 registration fee for each student due at the time of registration.

Books – The cost of textbooks will vary depending on the classes the student enrolls in.  Students
should plan an average of $50 per class for books.

Scholarships – At this time there are limited scholarship funds available for students who serve as
pastor in churches of the Wabash Valley Baptist Association.

Financial Aid – Because IBI is not yet accredited, students are ineligible for government sponsored
financial aid programs.

Refunds – Tuition refunds are available for students withdrawing from classes on the following basis:

-within the first week of class               100% refund

-within first three weeks                        50% refund

-after the third week                                no refund

The student activity/library fee is non-refundable.  Books may be returned to the college for refund, at
the discretion of the college.
INDIANA BAPTIST INSTITUTE
"The School of Thought"