Understanding Financial Aid for Adult Ed

Tuition and Financial Aid for Adult Education Undergraduate

Learn how to apply for aid and available grants. Evaluate your loan options and discover scholarship opportunities.

Tuition and Fees (2021-22)*

(Non-degree, Certificate, Associates, Bachelors, Second Degree)

Tuition (in class or online): $440 per credit hour

1 COURSE usually = 3 credit hours
1 THREE-CREDIT COURSE = $1,320* [$440 x 3 credit hours]

  • LBC offers the same tuition rate for in-state and out-of-state residents.
  • Your tuition rate will remain locked (no increase) while you actively take LBC courses towards your certificate or undergraduate degree.

Books & Supplies: $750 per year (average)

Student Service Fees: $150 per semester

*Tuition and fees vary from student to student and depend on enrollment date. Other college costs including books and supplies, transportation, and personal expenses should also be considered in the cost of attending college.

Special Fees

Audit Free: $85 per credit

Payment Plan Enrollment Fee (optional): $25 per semester

Credit for Prior Learning Life Experiences Evaluation Portfolio Fee: $175/Portfolio and $100/Credit transcribed

Student Journey

Pamela Smith

As an adult education student going back to school to finish my degree, this was difficult enough, as well as ... Read More

How To Apply for Financial Aid

If you’re like most of our students, you’ll have to seek financial aid. The LBC Financial Aid Office can help.

Together, we’ll explore which funding sources match your eligibility and need. We’ll also help you complete all the necessary paperwork and answer any questions you may have. We’re here to put your financial worries to rest.

You should know LBC is a great value compared to many other accredited Christian and secular independent colleges. We keep tuition costs below the national average while delivering a purposeful, Bible-centered education. Above all, have faith. You can afford it!

Contact Financial Aid Office

Types of Financial Aid

Grants and Scholarships

There are many grants available to undergraduate adult education students. Start your financial aid search by exploring grants first – these don’t have to be repaid. Please read the description of each to find out if you are eligible and how to apply. Email LBC’s Financial Aid Office if you need to speak with a financial aid specialist.

There are several types of scholarships also available for the students that meet the requirements.

Federal & PA State Grants

Federal Pell Grant

  • Federally funded student gift aid that does not need to be repaid.
  • Offered to undergraduate students who have high financial need who are working on their first bachelor’s degree.
  • Extended based on expected family contribution and number of credits the student has scheduled.
  • A student does not need to be enrolled full-time to receive this grant.
  • The maximum fall-spring-summer award (for the 2021-22 academic year) is $6,495. The maximum per semester is $3,248.
  • Students who complete the FAFSA are automatically considered for the grant.
  • Students must meet federal student aid eligibility requirements.

Pennsylvania State Grant

  • State-funded gift aid offered by the Pennsylvania Higher Education Assistance Agency (PHEAA) to undergraduate Pennsylvania residents who demonstrate high financial need.
  • The Pennsylvania State Grant is awarded to undergraduate students who are residents of Pennsylvania. Deadline date for FAFSA application is May 1. Currently the Pennsylvania State Grant program does not consider students enrolled in Accelerated to be full-time. Therefore amounts are usually 50% less than the normal full-time offer. Also, any modules dropped within a degree completion term may affect eligibility for the State Grant.
  • For the 2021-22 academic year the maximum semester grant for a student enrolled in 12 credits is $2,127 and the maximum semester grant at 9 credits is $1,063.
  • Students who submit their FAFSA information to PHEAA by May 1 are automatically considered for the grant.
  • Students must meet federal student aid eligibility requirements.
Grants from Other States


Capitol Scholarship Program
Department of Higher Education
61 Woodland Street
Hartford, CT 06105-2326


Delaware Higher Education Commission
Carvel State Office Building
820 North French Street
Wilmington, DE 19801-3509


Finance Authority of Maine
Maine Education Assistance Division
5 Community Drive
P.O. Box 949
Augusta, ME 04332-0949
207.623.3263 or 800.228.3734 (within ME)


Maryland Higher Education Commission
6 North Liberty Street
Baltimore, MD 21201


Massachusetts Office of Student Financial Assistance
454 Broadway
Suite 200
Revere, MA 02151


Ohio Board of Regents
Ohio Instructional Grant (OIG)
State Grants and Scholarships Department
P.O. Box 182452
Columbus, OH 43215-2452
614.466.7420 or 888.833.1133

Rhode Island

Rhode Island Higher Education Assistance Authority
560 Jefferson Boulevard, Suite 100
Warwick, RI 02886


Vermont Student Assistance Corporation
Champlain Mill/Grant Department
P.O. Box 2000
Winooski, VT 05404-2601

West Virginia

West Virginia Higher Education
1018 Kanawha Boulevard, East Suite 700
Charleston, WV 25301-2827

Scholarships for Adult Ed Students

Calvary Bible Institute Scholarship

A tuition discount is offered to students who are a member of Greater Mt. Calvary Holy Church or attend Calvary Bible Institute. Complete the required application . Deadline is August 1.

Church Matching Scholarship

Students must complete the Church Matching Scholarship Application . LBC will provide a matching scholarship up to $500 for each the fall and spring terms.  Funds from the church must be submitted by August 5 (for fall term) and January 5 (for spring term) in order to be matched. Students must have a minimum 2.0 GPA, be enrolled full-time and be in good standing with the college. Note: Students who receive the Project Bridges Scholarship are not eligible for the Church Matching Scholarship.

Full-Time Christian Worker Scholarship

The student must be a full-time Christian worker with a minimum of two years in ministry prior to studies at LBC, plus have current full-time ministry employment. A FAFSA is required as well as a Full-Time Christian Ministry Verification Sheet. The scholarship amount ranges from $100–$250 per course depending on EFC. Complete this required application form.

LBC Parent Scholarship

A tuition scholarship awarded to parents of dependent students enrolled in the LBC traditional undergraduate program. Scholarship is $500 off per course for the first traditional undergraduate student enrolled; $200 additional off per course if there is a second enrolled student; $100 additional off per course if there is a third enrolled student.

This scholarship is not applicable to doctoral students.

New Antioch Baptist Church Scholarship

A tuition discount is offered to students who are a member of New Antioch Baptist Church. Complete the required application . Deadline is August 1.

Project Bridges Scholarship

Students whose church is a member of Project Bridges are guaranteed to receive LBC scholarships that covers a percentage of their annual tuition. Complete the required application . Deadline is August 1.

Other Outside Resources

Veterans Benefits

Available to veterans of the Armed Forces or National Guard Reservists. Apply through your local VA office. Amounts vary. VA phone: 888.442.4551

For more details about military benefits, click here.

Vocational Rehabilitation

For physically or mentally challenged students. Apply at your local vocational rehabilitation office. Pennsylvania residents: OVR phone: 800.762.6306

Student Loan Options

Because grants and scholarships are limited, many students must rely on loans to cover at least some portion of college costs. Adult education students may borrow money for education. In fact, approximately 80% of LBC’s aid recipients borrow educational loans.

The following steps represent borrowing options, beginning with the best value and proceeding to other, less favorable loan options based on interest rates, loan terms and conditions, and repayment options. These loan options may be used alone or in combination with each other.

LBC is committed to providing students and their families with the best information regarding student borrowing.  For that reason, we have adopted a Student Lending Code of Conduct.

Federal Direct Loans

A federal loan program is available to all students.

Federal Direct Loans are available to eligible students who complete the Free Application for Federal Student Aid (FAFSA). This federal student aid is made available through the William D. Ford Federal Direct Loan Program to help pay for educational expenses. The Financial Aid Office offers a Direct Subsidized or Direct Unsubsidized Loan, or a combination of both loans, based on financial need.

The information you report on your FAFSA is used to determine your Expected Family Contribution (EFC), which is a calculated formula established by law. Your EFC is not equal to the amount you and your family must pay, but rather an index that allows colleges to determine financial need. To determine your financial need, your EFC is subtracted from your cost of attendance.

  • Federal Direct Subsidized Loan
    A Federal Direct Subsidized Loan is offered based on your demonstrated financial need. The federal government pays interest on a subsidized loan, while you are enrolled in school at least half-time and during grace and other deferment periods. The interest rate for Federal Direct Subsidized loans disbursed on or after July 1, 2021 until June 30, 2022 is fixed at 3.73%.
  • Federal Direct Unsubsidized Loans
    A Federal Direct Unsubsidized Loan is not based on your financial need. The interest rate for Federal Direct Unsubsidized Loans disbursed on or after July 1, 2021 until June 30, 2022 is fixed at 3.73%. You are not required to pay the interest on this loan while in school, but we recommend that you do. You will be charged interest, starting at disbursement until the loan is paid in full. If the interest accumulates, it will be added to the principal amount of the loan and increase the amount to be repaid.
  • Additional loans and grants may be available to you. We recommend visiting the following sites:

Loan Limits

Annual Subsidized Limits

  • First year undergraduates = $3,500
  • Second year undergraduates = $4,500
  • Remaining undergraduate years = $5,500
  • Preparatory coursework needed to enroll in graduate program if student has a baccalaureate = $5,500

Annual Unsubsidized Limits

  • Dependent undergraduates whose parents can borrow PLUS = $2,000
  • First and second year undergraduate dependent students whose parents cannot borrow PLUS and independent students = $6,000
  • Remaining undergraduate years for dependent students whose parents cannot borrow PLUS and independent students = $7,000
  • Preparatory coursework needed to enroll in graduate program if student has baccalaureate = $7,000

Aggregate Limits

  • Undergraduate dependent students = $31,000 (up to $23,000 may be subsidized)
  • Undergraduate independent students and dependent students whose parents cannot borrow PLUS = $57,500 (up to $23,000 may be subsidized)

Student Loan Repayment and Disputes

Students and parents who borrow Federal Direct Loans will repay their loans to a Federal Loan Servicer. Students are required to participate in Entrance Loan Counseling prior to their first disbursement of a federal student loan, and will be notified of the requirement to complete Exit Loan Counseling at the time of withdrawal or graduation. Exit Loan Counseling will inform students of their Federal Loan Servicer. This information is also available to students and parents at any point during their education on the National Student Loan Data System.

Detailed information about federal student loans, repayment and deferment is found at studentloans.gov. Students are also encouraged to contact their LBC Financial Aid Advisor with any questions.

If issues arise during student loan repayment that cannot be resolved with the Federal Loan Servicer, students or parents may contact the FSA Student Loan Ombudsman Group. The Federal Student Aid Ombudsman Group of the U.S. Department of Education is dedicated to helping resolve disputes related to Direct Loans, Federal Family Education Loan (FFEL) Program loans, Guaranteed Student Loans, and Perkins Loans. The Ombudsman Group is a neutral, informal, and confidential resource to help resolve disputes about your federal student loans.

FSA Student Loan Ombudsman Group Contact Information: 

FSA website

  877.557.2575   |      606.396.4821

  FSA Ombudsman Group
PO Box 1843, Monticello, KY 42633

Application Process
  • To apply for a federal direct loan, you must complete the FAFSA each year. To be eligible, you must be enrolled in a degree program for at least six (6) credits per semester and maintain LBC’s satisfactory academic progress standards.
  • E-sign your Federal Direct (subsidized or unsubsidized) Loan Master Promissory Note (MPN). If you are a first-time borrower of the federal direct loan, you will be required to complete a Master Promissory Note (MPN) before the loan funds can disburse. In most cases, you will only need to complete one MPN during your college career.E-sign your federal direct loan MPN at studentloans.gov using your Federal Student Aid PIN.
    • Select Sign-In.
    • After you sign in, choose Complete MPN.
    • Select Subsidized/Unsubsidized.
    • Follow the four-step process listed on the studentloans.gov website to sign your MPN.
  • If you are a first-time borrower of the federal direct loan, you are also required to complete loan entrance counseling before the loan funds can disburse. Complete this required counseling session by selecting Entrance Loan Counseling on the www.studentloans.gov website. This counseling session provides you with information that will help you understand your rights and responsibilities as a loan borrower, as well as other tools to assist you with managing your loans.Note: This requirement is separate from e-signing the loan MPN.*

An origination fee of 1.057% will be deducted from the gross amount of loan borrowed, so you need to take that into consideration when determining the amount you need to borrow.

Receiving Funds

It is important to know that loan funds will automatically credit to your student account if the Direct Loan Processor has a valid MPN on file for you, and you have completed loan entrance counseling. After you have completed your registration and semester classes begin, your student financial aid will begin to disburse into your student account.

Reduce or Decline Loan

If you wish to reduce or cancel your loan(s), please login to myLBC, and click on Financial Aid Awards.

Get Started

Take the following steps to apply for Free Application for Federal Student Aid (FAFSA)

Create Your FSA ID

Watch this video to help you understand how to create your Federal Student Aid ID that you will use throughout your educational experience. Make sure to save your user name and password for future use.

Watch Video

Fill Out An Application

Complete your Free Application for Federal Student Aid (FAFSA) as soon as possible after October 1. Lancaster Bible College’s federal school code is 003285.

Submit Your FAFSA

LBC is pleased to be a participant in the Post 9/11 GI Bill® Yellow Ribbon Program

The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. Learn more about using your military benefits at Lancaster Bible College, click here.

*GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at www.benefits.va.gov/gibill.

Financial Aid FAQs

Eligibility Requirements
  • Must complete the Free Application for Federal Student Aid (FAFSA) each year.
  • Must comply with LBC’s academic progress standards.
  • Must not be in default on an educational loan and must not owe a repayment on an adjusted federal grant.
  • Must be enrolled in an eligible degree program.
  • Must be enrolled at least half-time to receive the greatest benefit.
  • If male and age 18-25, must be registered for Selective Service.
  • Must be a citizen or eligible non-citizen with a valid Social Security number.
  • Must have a high school diploma.
If I drop a course or withdraw, what will happen to my financial aid?

Dropping courses and withdrawing from LBC are academic actions that often have financial implications. It is your responsibility to understand the effects that these actions will have on your student financial aid. Dropping courses after the official add/drop period may result in your financial aid being adjusted. Withdrawal from the college may result in having your financial aid refunded. (See our federal aid refund policy.)

Adult Education Undergraduate Degrees tuition refunds for a 6 week course are granted according to the following schedule:

On Campus Tuition Refunds:

Up to the first night of class for the module – 100%
After the first night of class for the module (whether attended or not) – 75%
After the second night of class for the module (whether attended or not) – 50%
After the third night of class for the module (whether attended or not) – no refund

Online Tuition Refunds:

0-10% of class completed – 100% refund
11-20% of class completed – 90% refund
21-30% of class completed – 75% refund
31-40% of class completed – 50% refund
41-50% of class completed – 25% refund
51-100% of class completed – No refund


No refund

If I still have money left over after paying my tuition, what happens to it?

When your total aid is greater than your billable charges for tuition, student service fee, and books, you may be eligible for a refund.

After a student’s aid money arrives at Lancaster Bible College, midway through the semester, and it creates a credit balance on their student account, our business office will automatically send a stipend check to the student address on file. LBC has up to 14 business days to process and mail a credit refund.

I have just learned that I must maintain "Satisfactory Academic Progress." What is it?

In order to maintain financial aid eligibility, a student must meet the requirements of Satisfactory Academic Progress.
Read the Requirements

Take Your Next Step at LBC | Capital

We are here to help you navigate affording your degree. So don’t be afraid, take the next step on your educational journey!