Loan applications are available from any bank that participates in the student loan program or from the Financial Assistance Office. Preston Trust Fund See section under Grants . A parent may borrow up to the cost of education less any other financial assistance the student is receiving. Credit history will be checked. Repayment begins sixty days after the loan has been fully disbursed.
Interest is charged from the date the first disbursement is made until the loan is paid in full.
The school expects that each student who enrolls at Faith Baptist Bible College will be able to complete each semester. However, circumstances may arise that could make it necessary to withdraw before the end of the enrollment period. Listed below are the refund policies that will take effect should withdrawal be necessary. Examples of the application of our refund policies are available in the Financial Assistance Office to any student requesting them. The refund amount will be subtracted from the total school charges to determine the initial amount the school will retain.