Tuition and Fees - 2009-2010

Tuition

The fee for tuition for residential courses at Payne is $240.00 per credit hour. The same rate applies to Interterm courses in January, Summer courses in June and July, as well as cross-registration for outside courses. The fee for online tuition is $290 per credit hour. Intensive courses are charged at the residential rate of $240 per credit hour. Tuition fees for the semester are due on the first day of classes, unless other arrangements are made through the Business Office.

Auditing - Spouses of degree students may audit courses without charge. All other auditors will pay one-half the normal course fee. Audited classes will not be counted towards graduation.

Student Status

Full-time Status: Any student enrolled in nine to eighteen credit hours per semester is considered to be enrolled full-time at Payne Theological Seminary. Tuition charges depend upon the number of hours in which the student is enrolled in a given semester.

Part-time Status: Any student taking six to nine credit hours per semester is considered Part-time. Part-time status to full-time status (6 hours or more) is required to be eligible for Federal Financial Aid.

Other Fees:

Residential Tech Fees (Fall and Spring only)	$50.00
Residential Admission Application (Nonrefundable)	$50.00
Online Course Admission Application	$50.00
Online Tech Fees (Fall and Spring only)	$50.00
Late Registration (After the beginning of the Semester)	$50.00
Graduation	$350.00

Payne Theological Seminary reserves the right to make adjustments to any fees as deemed necessary.

Library Charges: A fine will be assessed for books overdue, payable at the time books are returned. Missing or damaged library volumes will be billed directly to the student’s account.

ESTIMATED COST OF ATTENDANCE

An estimate of the cost to attend Payne Seminary for one academic year (12 months living expenses) follows. The figures listed under maintenance can vary a great deal, depending upon the lifestyle of the particular individual or family.

Single Students:

Tuition and Fees (30 Residential credit hours)	$7,300.00
Rent/Utilities (includes local telephone & cable)	$6,000.00
Transportation	$2,000.00
Miscellaneous	$2,000.00
Books and Supplies	$1,200.00
Estimated Total	$18,500.00

Married Students:

(Includes rental for two bedroom apartment, but other estimates are only for the individual student, not the entire family)

Tuition and Fees (30 Credit hours)	$8,700.00
Rent/Utilities (includes local telephone & cable)	$7,200.00
Transportation	$2,000.00
Miscellaneous	$2,000.00
Books and Supplies	$1,200.00
Estimated Total	$21,100.00

Tuition Refund Policy

Tuition paid by students will be refunded to those formally withdrawing from the Seminary or by the end of the school year according to the following schedule:

During the first week of any semester	100% refund
During the second week of any semester	50% refund
After the second week of any semester	No refund