TUITION / FINANCIAL POLICY
Students of Midwest may reasonably be able to complete the entire training program debt free. This puts them in an excellent financial position to begin ministry without the burden of paying on debt.
Cost of Midwest
The cost of the entire training program is $7,500, regardless of how long it takes the student to complete the program. This total cost is broken down in estimates for each of the following categories..
Classes
Students are required to complete twenty academic courses as part of their training. Cost of each course is $200, including textbooks. (Note: textbooks will be ordered and mailed to students ahead of the start date of classes.)
Twenty academic classes at a cost of $200 each totals $4,000.
Student Services
Student services includes subscriptions necessary for training (ex. Google Workspace), administrative costs such as cost of paper copies of documents and postage, and a trip to an attraction such as the Creation Museum and Ark Exhibit. The total cost of student services is $1,000.
Foundational Library
Each student who receives a Certificate of Endorsement will also receive a foundational library of essential resources (both print and digital) for ministry. The total cost of the foundation library is $1,500.
Graduation
Graduation costs include those things needed to appropriately celebrate this milestone event. The total cost of graduation is $500.
Promotion and Miscellaneous
Ongoing promotion of Midwest and miscellaneous expenses total $500.
Summary of Expenses
The following table gives a summary of the total program costs of Midwest.
Expense Category | Amount |
---|---|
Classes | $4,000 |
Student Services | $1,000 |
Foundational Library | $1,500 |
Graduation | $500 |
Promotion and Miscellaneous | $500 |
Total Cost | $7,500 |
Payment Plans
Students pay for the program as they go through the program with an initial upfront payment that must be paid before they begin the program. The remainder of the cost may be paid in equal monthly payments over the time the student expects to complete the program. The total cost of the program must be paid in full in order to graduate.
Two-Year Plan
Students expecting to complete the program in two years must make an upfront payment of $1,000 before starting the program and then make twenty-four monthly payments of $270.83.
Three-Year Plan
Students expecting to complete the program in three years must make an upfront payment of $750 before starting the program and then make thirty-six monthly payments of $187.50.
Four-Year Plan
Students expecting to complete the program in four years must make an upfront payment of $500 before starting the program and then make forty-eight monthly payments of $145.83.
Summary
The following table compares the payment plan options of the two-year plan, the three-year plan, and the four-year plan.
Upfront Payment | Monthly Payment | |
---|---|---|
Two-Year Plan (24 monthly payments) | $1,000.00 | $270.83 |
Three-Year Plan (36 monthly payments) | $750.00 | $187.50 |
Four-Year Plan (48 monthly payments) | $500.00 | $145.83 |
Transfer Students
Students who transfer to Midwest who have equivalent academic credit from other institutions will have their total bill reduced by $200 per transferred class into the program. Payment plans will work as described in the previous section based upon the new total expected cost of the program.
Expenses Not Included
The cost of the program includes those expenses described above. The cost does not include living expenses and travel expenses. The student is responsible for his/her housing, food, healthcare, transportation expenses, etc. Many students may want to have a part time job during their training to pay for these various expenses. In addition, please note that our training churches work to help students find affordable housing while students are completing their apprenticeships.