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Leaners Enter, Leaders Emerge

Tuition Policy

TUITION & PAYMENT POLICY

IQOU Theological College is not approved to participate in U.S. federal or state student aid programs. At the college’s discretion, installment payments may be arranged. Students assume the responsibility for payment of the tuition costs in full. No interest is charged. All financial arrangements must be made before the first day of classes. The school will contact students who are delinquent in paying tuition and fees. Students are encouraged to seek scholarships through Lighthouse Scholarship Foundation and loans through community resources. IQOU Theological College accepts payment for tuition, books, equipment and other fees through cash payment, credit/debit card, paypal or bank cheque.

CANCELLATION AND REFUND POLICY

  1. IQOU Theological College cancellation and refund policy complies with all state and federal agency requirements.

  2. Rejection of Applicant: If an applicant is rejected for enrollment, a full refund of all monies will be paid to the applicant, excluding the non-refundable registration fee.

  3. Three-Day Cancellation: An applicant who never attended class but provides written notice of cancellation within three business days, excluding weekends and holidays, of executing the enrollment agreement is entitled to a refund of all monies paid within 45 calendar days excluding the non-refundable registration fee.

  4. Cancellation Up to 7 Days: An applicant who receives instructional hours and after three or more business days of executing the enrollment agreement, submits a cancellation of enrollment form is subject to the refund policy as outlined.

  5. Program Cancellation: If IQOU Theological College cancels a program after execution of an enrollment agreement by a student, IQOU Theological College will refund all monies paid by the student.

REFUND POLICY:

Tuition refunds will be determined as follows:

Proportion of Program taught by Drop Date Tuition Refund

  • Up to 12.5% Full refund

  • 13% or more No refund

WITHDRAWAL PROCEDURE

  1. A student choosing to withdraw from the school after the start of classes is to provide a written notice to the School Director. The notice must include the expected last date of attendance and be signed and dated by the student. The written notice may be submitted in person, by mail or by electronic transmission. The withdrawal date will be the student’s last date of attendance.

  2. If special circumstances arise, a student may request in writing, a leave of absence. The student’s request should include the dates the student anticipates the leave will begin and expected return date. 

  3. A student will be determined to be withdrawn from the institution if the student misses 7 consecutive instructional days and all the days are unexcused.

  4. All withdrawals must be submitted within the determined date of the Withdrawal period in accordance with the academic calendar.

  5. Approval of the withdrawal will allow the student to re-register and continue in the program on a date no later than the beginning of the start of the next class.

  6. A student granted readmission is subject to the tuition rate and fees at the time of re- entry. 

  7. A student’s last date of attendance is the last day a student had academically related activity, which may include projects, field experience, or examinations. The last date of attendance is the date that the institution has determined that a student is no longer in school.

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