(740) 857-1311 info@rosedale.edu

Financial Aid

Steps to Financial Aid

 

To apply for financial aid for attendance at Rosedale Bible College, follow these steps:

  1. Complete the Free Application for Federal Student Aid (FAFSA). Our federal school code is 034253.
  2. Complete the Virtual Financial Aid Office (VFAO) interview.
    (The VFAO processes federal aid for our students.)
  3. Apply to RBC and receive confirmation of acceptance.
  4. Apply for RBC aid by completing the RBC Scholarships Application. Aid is limited, so please apply early to receive full consideration.

If you have any questions along the way, feel free to contact Twila Weber, Financial Aid Coordinator.

Cost of Attendance

Rosedale Bible College has worked diligently to keep tuition and fees at an affordable level. Generous contributions from alumni, friends of the school, and the churches of Conservative Mennonite Conference have helped to keep tuition and fees (including room and board) for a year at Rosedale at just over $14,000.

This level of cost is a real value in the current educational market. According to College Board, annual tuition and fees at RBC are approximately one-fourth of the average for 4-year private colleges (2014-2015).

The following table is an approximation of the costs to students who attend RBC for the full 2017–2018 academic year. Some cost components will vary significantly for each student.

RBC Costs for 2017—18 Academic Year
Tuition $8,400
Room and Board $5,650
Fees $331
Total $14,381
Breakdown of Direct Costs
Tuition and Board Fees
Tuition* $280 per hour
Credit hours above full load* $224 per hour
Performance credits (Chorale/Drama) $126 per hour
Official Audit (reported on transcript) $140 per hour
Unofficial Audit (not reported on transcript) $70 per hour
(*A full load of twelve hours per semester and six hours per winter term is required for dorming students: exceptions for lighter loads-credit or audit-will be billed at the full rate.)
Room & Board per semester $2,260
Room & Board for winter term $1,130
Miscellaneous Fees
Application fee (first time students) $50
(A late fee of $75 will be assessed if the application is received less than three weeks before the beginning of classes.)
Annual matriculation fee $55
(Once-per-year fee for each incoming student)
Activity fee (per semester) $35
Activity fee (winter term) $18
Graduation fee $75
Room deposit fee $100
(Refundable upon completion of RBC studies, pending successful room inspection.)
Technology fee (per semester) $35
Technology fee (winter term) $18

Online Loan Counseling

Students who borrow under the Federal Family Education Loan Program are required to complete entrance counseling before receiving loan proceeds from their first loan and exit counseling shortly before graduating or otherwise leaving school.

Please complete your loan counseling at Direct Loan Counseling.

Rosedale Bible College Scholarships

RBC offers a variety of scholarships awarded on the basis of need, academic merit or student circumstances. Complete the RBC Scholarships Application to apply. Submit early: scholarship distribution begins after May 1.

Merit Scholarships

President’s Scholarship
Up to five awards of $1,000 per year for non-transfer, incoming freshmen. Awarded on the basis of SAT (1700 minimum) or ACT (25 minimum) scores and an essay describing the educational and life experiences which have prepared you to make a significant contribution to the campus community of Rosedale Bible College. Preference is given to full-time, full-year students.

Dean’s Scholarship
Up to eight awards of $1,000 per year for current students who have completed at least 24 credit hours at RBC and declared their intention to return for a second full year. The award is based on freshman-year GPA.

Financial Need Scholarships (For students demonstrating unmet financial need)

To apply for financial need scholarships, 1) complete a FAFSA 2) complete a Virtual Financial Aid Office interview and 3) complete the RBC Scholarships Application.

Missions Scholarships

Preference will be given to students seeking the Associate Degree with a Missions Concentration. Scholarships will be awarded from the following funds:

  • Marcus Byler Memorial Scholarship
  • For students preparing for missionary service.
  • Jacob & Sarah Graber Scholarship
  • Jewish Evangelism Scholarship
  • For students preparing to minister to Jewish people.
  • Elmer Maust Scholarship
  • Levi & Cora Miller Scholarship
  • For students pursuing missions as a course of study.
  • Shem & Salome Peachey Memorial Scholarship
  • For students from emerging congregations.
  • Michael & Margaretha Sattler Scholarship
  • For students preparing for missions and church planting.
  • Robert & Joseph Yoder Memorial Scholarship

Ministry Scholarships

RBC awards scholarships to several categories of students in recognition of their or their parents’ involvement in Christian ministry and missions.

  • Short Term Missions Scholarship
  • Scholarships of up to $1,500 for REACH participants and up to $1,000 for other short-term missions and service programs are available. Awards are pro-rated for length of service term, beginning with a minimum of six months. To qualify, students must begin their studies no more than 18 months after completing their service.
  • RMM Scholarships
  • Scholarships of up to $4,500/year are available for long-term missionaries serving with Rosedale Mennonite Missions and their dependent children. Scholarships of up to $3,000/year are available for full-time RMM staff and their dependent children.
  • CMC Scholarships
  • Scholarships of up to $3,000/year are available for active ministers within CMC and their dependent children, and for full-time staff of CMC and their dependent children.
  • Other Ministry Scholarships
  • Scholarships of up to $1,500/year are available for active ministers, missionaries, and their dependent children who do not qualify for CMC or RMM-related scholarships.

Other Scholarships

  • International Student Scholarship
  • For non-North American students referred to RBC by an Anabaptist mission organization, or a non-North American Anabaptist church, RBC will grant a scholarship in the amount of 50% of tuition and room and board. Application for this scholarship must be initiated by the referring agency.
  • Older Adult Scholarship
  • Persons 65 years old or older are granted scholarships in the amount of 90% of the cost of tuition.
  • Congregational Giving Scholarship
  • A scholarship of up to 10% of tuition is granted to students from CMC whose home congregation has contributed to the school the suggested per member amount in a given year.
  • Canadian Student Discount
  • Canadian students not eligible for U.S. federal aid may pay their tuition, fees, and room and board at an even exchange rate. RBC awards a discount in the amount of the difference between U.S. and Canadian currencies, calculated on the basis of exchange rates at the beginning of each term of study.

Campus Employment

There are opportunities for students to work on campus in various capacities. Preference will be given to Federal Work Study students. You can apply for Federal Work Study when you fill out your FAFSA.

Please submit the campus employment application to the business office.

For more information about RBC aid, go to our online catalog or request a printed copy from admissions.

State and Federal Financial Aid

Pell Grant

  • A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded to undergraduate students who have not earned a bachelor’s or a professional degree.
  • The maximum award for the 2017-18 award year (July 1, 2017 to June 30, 2018) is $5,920. The amount you get will depend not only on your financial need, but also on your status as a full-time or part-time student and your plans to attend school for a full academic year or less.
  • Go to fafsa.gov to apply.

Federal Supplemental Educational Opportunity Grant (SEOG)

  • Federal Supplemental Educational Opportunity Grants (SEOG) are for undergraduates with exceptional financial need.
  • Just like Pell Grants, SEOGs don’t have to be paid back. You can receive up to $1,000 a year, depending on when you apply and your financial need.
  • Your FAFSA determines your eligibility for an SEOG. No further paperwork is required.

Federal Work Study (FWS)

  • Federal Work-Study (FWS) provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses.
  • Indicate on your FAFSA if you are interested in FWS.

Direct Loans

  • A subsidized loan is awarded on the basis of financial need. You won’t be charged any interest before you begin repayment or during deferment periods. The federal government “subsidizes” the interest during these periods.
  • An unsubsidized loan is not awarded on the basis of need. You’ll be charged interest from the time the loan is disbursed until it’s paid in full. If you allow the interest to accrue (accumulate) while you’re in school or during other periods of nonpayment, it will be capitalized. This means the interest will be added to the principal amount of your loan, and additional interest will be based on that higher amount.

Go to www.studentaid.ed.gov for more information about federal student aid.

Ohio College Opportunity Grant

  • This grant is for Ohio residents only.
  • The Ohio College Opportunity Grant Program (OCOG) provides need-based tuition assistance to undergraduate students from low and moderate income families. This program is intended to expand access to higher education by bringing the cost of college within reach of more Ohio families. Awards are based on family income with consideration given to the number of dependents in the family. Benefits are restricted to the student’s instructional and general fee charges.
  • If you are an Ohio resident, your FAFSA information will be given to the Ohio Board of Regents. No further paperwork is required. Your FAFSA must be received by October of the award year.
  • The OCOG award for the 2017-2018 year is $2,560.

Go to Ohio Board of Regents for more information about Ohio aid.

Consumer Information

 

The National Center for Education Statistics collects, analyzes and reports data on American educational institutions, including Rosedale Bible College. To view a wide range of consumer information about RBC or other colleges, visit the College Navigator site. It is a free tool.

How Aid is Distributed and Disbursed to Students 

Weber and Associates Inc. is RBC’s third party services provider for Title IV funding. They are responsible for drawing down Title IV funds from the U.S. Department of Education into RBC’s account. After they notify RBC’s financial aid office of the fund transfers, RBC’s accountant then transfers the money into the student’s RBC account. Each student completes a Virtual Financial Aid Office interview with Weber and Associates Inc. during the financial aid process.

 

 Student Rights and Responsibilities

Rights

  1. You have the right to know what financial aid programs are available at your school.
  2. You have the right to know the deadlines for submitting applications for each of the financial aid programs available.
  3. You have the right to know how financial aid will be distributed, how decisions on that distribution are made, and the basis for these decisions.
  4. You have the right to know how your financial need was determined. This includes how costs for tuition and fees, room and board, travel, books and supplies, personal, and miscellaneous expenses, etc., are considered in your budget.
  5. You have the right to know what resources (such as parental contribution, other financial aid, your assets, etc.) were considered in the calculation of your need.
  6. You have the right to know how much of your financial need as determined by the institution has been met.
  7. You have the right to request an explanation of the various programs in your student aid package.
  8. You have the right to know your school’s refund policy.

 

Responsibilities

  1. You must complete all application forms accurately and submit them on time to the right place.
  2. You must provide correct information. In most instances, misreporting information on financial aid application forms is a violation of law and may be considered a criminal offense which could result in indictment under the U.S. Criminal Code.
  3. You must return all additional documentation, verification, corrections, and/or new information requested by either the financial aid office or the agency to which you submitted your application.
  4. You are responsible for reading and understanding all forms that you are asked to sign and for keeping copies of them.
  5. You must accept responsibility for all agreements that you sign.
  6. You must perform the work agreed upon in accepting a university employment award.

 Students and/or parents of dependant students are encouraged to contact the Financial Aid Office if they have any questions regarding “Student Right to Know” information or other questions related to financial Aid.

 

How and When will Financial Aid be Disbursed? 

Financial aid will be disbursed after the satisfactory completion of all required applications, and, if required, the verification process. Generally, aid will be disbursed to students within a few days after the class drop/add period. Financial aid will be posted to the students account and can be accessed through the business office.

 

Terms and Conditions of FWS Employment 

Each year the business office hires Federal Work Study (FWS) eligible students for a variety of jobs on campus. Terms, conditions, job descriptions and wage amounts are available from the business office upon request. An application for a campus job is available online or upon request from the business office.

 

 How do I obtain my GED?

Students who have not graduated from high school are not eligible to receive Title IV funds. RBC does not offer a GED program on campus but will assist interested students in finding a local venue where that test can be taken. Please contact the financial aid office if you need assistance in completing the GED test.

 

Policy on Returning Funds to Title IV

 When a student withdraws from the college the financial aid office will determine how much federal aid the student has earned and how much they will need to return based on the policies in the Federal Student Aid Handbook.

When a student reaches the 60% point in a period of enrollment the student has earned 100% of the Federal Aid for that period. If a student withdraws prior to the 60% point the RBC’s financial aid office will work with Weber & Associates to determine the amount of aid that a student must return.

 

Satisfactory Academic Progress

In order for a student to receive Title IV, Ohio, or Rosedale Bible College financial aid, a student must demonstrate satisfactory academic progress towards graduation as determined by Rosedale Bible College. Rosedale Bible College’s standard meets or exceeds the minimal requirement set forth by the Dept. of Education and the Ohio Board of Regents. In order for a student to receive Title IV and Ohio funds they must:

  • Maintain a cumulative GPA of 2.00 or higher.*
  • Be enrolled in the one-year certificate program or the two-year associate degree program.
  • A student is eligible for title IV aid for 150% of the required credit hours for any program.
  • At any given point 67% of a student’s attempted credit hours must be within their program of study in order to maintain Satisfactory Academic Progress (SAP).

* If a student’s cumulative grade point average (CGPA) falls below 2.00 they will be placed on academic probation. Once on academic probation, a student may receive Title IV, Ohio, and Rosedale Bible College financial aid for an additional 12 credit hours. If after completing 12 credit hours the student is still not making SAP he or she will no longer be eligible to receive financial aid funds. If a student who has lost eligibility achieves a CGPA of 2.00 or higher they will once again be eligible for Title IV, Ohio, and Rosedale Bible College financial aid funds.

 

Any student who is denied title IV funds due to the lack of SAP may appeal in writing, detailing any mitigating circumstances, to the financial aid administrator. This letter will be reviewed by the financial aid committee and they will provide a written response to the student detailing their final decision.

 

Graduation Rates
The “Student Right to Know” graduation rate and other statistics related to graduation and retention at RBC can be found at the College Navigator site.

 

Employment Rates

 Rosedale Bible College provides an associate degree program which is liberal rather than vocational. Many of our students go on to earn degrees which credential them for employment. The dean’s office conducts annual surveys of students who have transferred to other colleges. The average response over the last four years to the question of how well alumni believe RBC prepared them for further study was 8.1 on a 10-point Likert scale.

Campus Employment

There are opportunities for students to work on campus in various capacities. Preference will be given to Federal Work Study students. You can apply for Federal Work Study when you fill out your FAFSA. 

Please submit the campus employment application to the business office.