Scholarship
Application
Financial Policy
1)
Fees
The following fee schedule applies to all courses and
programs currently offered by The Reynolds Institute.
A. The Assessment Center.
Each applicant for a district minister’s license
must participate in the assessment process, which includes
pre-testing on the Saturday afternoon immediately following
the District Assembly and the Assessment Weekend held
the last weekend of September. The fee for the assessment
process is $330.00. The fee includes the tests and the
weekend event for both candidate and spouse.
B. Application for Admission
Before taking any courses in Reynolds Institute an Application
for Admission is to be completed. There is a $50.00 admission
fee to be paid when the application is submitted.
C. Course Work
If a student chooses to participate in the course of studies
offered by The Reynolds Institute the tuition for each
class will be $270.00. (See Payment plan below for details.)
The fee for a student who wants to audit a course (no
credit) is $100 per course. A student (or auditor) will
be invoiced for each class individually (even when registering
for multiple classes).
D. Course Changes, Dropping Courses
1. If a course is cancelled by
Reynolds Institute, the student may transfer the tuition
paid to another course to be taken at any time, or may
receive a refund of the tuition.
2. A student may cancel registration
in a course without penalty, if notice is given at least
two weeks before the published date of the course, and
may receive credit or refund for any tuition paid for
that course.
3. If a student cancels any course
thirteen days or less before the first class or drops
the course at any time before the class meets a second
time, s/he will be assessed one/half of the tuition.
4. A student is required to pay
full tuition when s/he drops a course at the time of
the second class or later. If the class is in intensive
format, full tuition will be owed if the class is dropped
anytime after the beginning of the first class.
2) Payment Plan
Recognizing that financial constraints exist, the following
payment options are offered by The Reynolds Institute.
Please make note that strict compliance to these opportunities
will be required.
A. Tuition Plan
a. Students may always pay the
full amount of tuition prior to the beginning of a class.
b. Students may choose to make monthly installments
with payments due on the 1st of each month. The following
example shows monthly payments due for the fall semester:
September $90
October $90
November $90
Tuition payment for classes in the winter, spring and
summer semesters will follow the same pattern
c. The total amount due must be paid by the end of the
semester and before grades are issued and before registering
for the next class unless special arrangements are made
with the treasurer.
B. The Assessment Center
A $165.00 deposit is required at the time of registration
for the Assessment Center. The balance of $165.00 is due
August 1st.
3) Scholarships
The Reynolds Institute has established a scholarship Fund
for those students who need financial aid. Scholarships
will be awarded on October 1st equally among all qualified
applicants up to the maximum of $270 per student. Please
note the following criteria and procedure for applying
for scholarship monies.
A. There must be an established financial need. This will
be confirmed by the local church pastor or Church Board
if a church is without a pastor.
B. The local church must participate in the scholarship.
C. The scholarship must be approved by the Finance committee.
D. Applications must be made in writing, establishing
the need, and showing the participation of the local church.
The Scholarship Application form is available online on
the Finance and Support page.
E. The candidate must be involved in ministry and practicing
tithing.
F. The candidate must enroll for three courses within
a twelve-month time frame.
G. Scholarship Plan
1. The student pays for the first
class ($270).
2. The local church pays for the second class ($270).
3. The Reynolds Institute pays for the third class (up
to the $270 if funds are available).
H. Mail Requests to: The Director
of Support and Financial Services, Melissa Andrew
Frequently Asked Questions regarding
Scholarships:
- Can my Reynolds scholarship
be used to pay for classes taken through ENC’s
Ministerial Studies Certificate Program?
No. Reynolds scholarships will be used for Reynolds
courses only.
- What happens if I drop the third
course (paid by the Reynolds scholarship)?
The financial policy for dropping classes applies.
- If I cannot take three
courses in 12 months, what happens to my scholarship?
A possible exception to the 12 month policy will be
made when no Reynolds course is offered that a scholarship
student needs.
4) Responsibilities
Each student is responsible for paying his or her bill.
It is not the responsibility of Reynolds Institute to
be a collection agency. If the student chooses to make
monthly payments, it is the student’s responsibility
to make the payment at the first of each month.
5) COURSE CREDIT AND GRADE WILL BE GIVEN ONLY WHEN THE
FEES FOR THE COURSE ARE PAID IN FULL.
6) STUDENT ACCOUNTS MUST BE PAID IN FULL BEFORE A STUDENT
CAN REGISTER FOR THE NEXT COURSE unless special arrangements
are made with the treasurer.
Please make all payments
to (Checks made payable to Reynolds Institute):
Melissa Andrew, Director
Reynolds Institute, Center for Support and Financial Services
57 Maplewood Drive
Townsend, MA 01469
Download Financial
Policy:
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