Financial Aid

Federal and State Financial Aid

WCIU does not participate in Federal or State Financial Aid Programs.



Scholarships

WCIU, at its own discretion, may award scholarship to worthy students, based primarily on need.


Discounts

WCIU offers a fifty percent tuition discount to new students on the introductory course (Foundations of Biblical Faith) for members of agencies, development organizations, or alumni of the Perspectives on the World Christian Movement course.



Loans

The University does not offer lending to students who wish to finance the cost of their education with loans. WCIU does offer a payment plan each term to students who wish to pay the school directly. WCIU's payment plan and practices adhere to the FTC’s Regulation Z (Truth in Lending”) requirements.


If a student obtains a loan to pay for an educational program, the student will have to repay the full amount of the loan plus interest, less the amount of any refund, and that, if the student receives federal student financial aid funds, the student is entitled to a refund of the moneys not paid from federal financial aid funds. WCIU operates in a financially responsible and ethical financial manner in the collection of fees and tuition. Any complaint about collection procedures and practices should be made to the Registrar who will respond within two business days.



Institutional (non-Title IV) Financial Assistance, Payment Programs

The university will accept payments from non-Title IV assistance programs, unless they condition the function and/or policies of the university in restricting or inhibiting the university in the pursuit of its mission or violate its core values. The university retains the rights to evaluate financial assistance programs on a case-by-case basis and determine whether or not they can or will attempt to meet their criteria.



Payment by Guarantor

Students may have their tuition and fees paid by another individual or organization (also known as a guarantor). A guarantor may request a student to sign a release of academic information if assisting in paying tuition and/ or fees.



Payment Plans

All students unable to pay in full for a term prior to the payment deadline must submit this form to WCIU for approval and processing as part of the term registration process. Enrollment is not considered complete until this payment plan has been approved. There is a $10 Payment Plan for the initial set-up for this payment plan.


This payment plan allows you to pay 3 installments in one month increments during each 3-month term.


Students must fill out the “WCIU Payment Plan” form if interested in setting up a payment plan. Please email registrar@wciu.edu to get a payment plan set up.



Cancellation Policy

Students have the right to cancel the enrollment agreement and obtain a refund of charges paid through attendance at the first class session, or the seventh day after enrollment, whichever is later. A notice of cancellation shall be in writing. A withdrawal may be effectuated by the student’s written notice or by the student’s conduct, including, but not necessarily limited to, a student’s lack of attendance. Cancellation is effective on the date the University is notified by students of their intent to cancel. Students should contact the University Registrar by email at registrar@wciu.eduor by telephone at 626.398.2222.


WCIU will refund 100% of the amount paid for institutional charges, less the non-refundable application fee of $50, if notice of cancellation is made through attendance at the first class session, or the seventh day after enrollment, whichever is later.


Students who have completed 60 percent or less of the period of attendance shall receive a pro rata refund based on number of days attended prior to withdrawal.



Refund Policy

Students may find it necessary to withdraw from their program of study. Students may notify the University of their desire to withdraw in any manner; however, in writing is preferred. Students withdrawing from a course receive a refund based on the following refund schedule for all twelve-week (3 month) course lengths.


Sample Refund Calculation: If a student contacts the University (in any manner) and requests to withdraw on the 21st day of the term, the student will receive a refund of $315.00. Course Completion Percentage: (21 days divided by 70 days (standard course length) = 30%Refund Percentage: 100% less 30% = 70%Tuition & Fees: (tuition of $400 plus online library fee of $50) = $450Refund: $450 x 70% = $315.00


Refund Payments: WCIU processes all refund payments within 30 days following students’ notice of cancellation or withdrawal. Any credit balance on the student's account after the student's completion of the program will be refunded within 45 days.


Note: Refund amounts are the same whether tuition has already been paid in full or the student has created a payment plan that has not yet been paid in full.