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Recognizing the absolute necessity for prompt payment of all student fees, not only as a good business principle, but also for the sake of the character thus developed, the Department of Education of the Assemblies of God has established the following recommended policy on finance for all Assemblies of God schools:
In order to improve our present educational institution and guarantee its future, each student is expected to reimburse the college for the full amount of his obligation on or before the close of each semester. No final examinations may be taken until a satisfactory arrangement has been made with the Vice President of Finance/Administration. No diplomas, degrees, or transfer of credit shall be provided until satisfactory payment is made for all delinquent payments on federal loans, NDSI, or institutional loans. In the case of married students the joint obligation must be paid before diplomas, degrees, certificates, and transcripts of either will be released. All former students with an outstanding balance must make a minimum payment of $50 each month. The college registers all outstanding tuition accounts with a national credit bureau as required by current federal policy regulating government loans.
All returning Far North Bible College students must pay current accounts in full prior to the beginning of the next trimester. No diploma, degree, transfer of credit, or release of transcripts will be permitted until all financial responsibilities are met. Enrollment for any course is not complete until satisfactory financial arrangements are made with the Business Office.
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