Undergraduate Fees - 2010-2011
THE REAL COST OF EDUCATIONThe high cost of education is a reality of which Continental Theological Seminary is fully aware. Therefore, our goal is to make our programs reasonably priced and we do our best to accomplish this through fund raising initiatives and available scholarships that will cover a substantial part of a student’s fee. The seminary does not receive any governmental subsidies and consequently the students’ responsibility is to meet the rest of the costs. For example, in the school year 2009-2010 the estimation of the real cost of education for one residential full-time student is about 12,000 €, but each student is subsidized by about 50% of this actual cost, which can be seen in the tables below. As a result the tuition, room and board for such a student will be as low as 5,995 €.
ANNUAL REVIEWWhereas every effort is made to keep the cost of fees to a minimum, it is found necessary to review fees every year.
PAYMENTSCTS students have the option to pay in full at the time of registration, and receive a reduction of 100 € - resident students / 50 € - non-resident students, or to pay in monthly installments. It is the responsibility of the student to arrange all payments in EURO either through a wire/bank transfer or in cash (no credit-card). Because of the fees charged by banks, payment by cheque is not advised.
OPTION A: MONTHLY PAYMENT SCHEDULE - full-time students only
Registration Day
1
2
3
4
5
6
7
8
13 Sept.
15 Oct.
15 Nov.
15 Dec.
15 Jan.
15 Feb.
15 Mar.
15 Apr.
15 May
1015 €
245 €
2015 €
500 €
1660 €
565 €
1770 €
675 €
1790 €
695 €
(Apartment options are based on choice and availability. See “Full Payment Plan” for apartment options.)
Included in the payment due on registration day:- installment payment plan fee - 20 €- 1st year students: New Student Orientation - 40 €- 3rd year students: Graduation Fee - 60 €- Laundry fee - 120 € (residential students) / 180 € couple apartment- Refundable deposit: Rooms - 50 € / Apartment - 100 €
Fees not included, to be added on:- Additional courses: credit and audit (see below)All payments must be made in EURO. Late payments will incur a finance charge of 1.33% on the overdue balance.
OPTION B: FULL PAYMENT PLAN*
DESCRIPTION
PER YEAR
2955 €
3040 €
3205 €
4195 €
4375 €
5995 €
6160 €
7150 €
7330 €
(The apartment fee covers rental, utilities and Laundry fee for couples)*The following fees are included in the tuition over the three years:- 1st year students: New Student Orientation - 40 €- 3rd year students: graduation Fee for Bachelor's degree/Certificate/Diploma - 60 €*The following fees are uncluded in the board & lodging (apartment) over the three years:- Refundable deposit: Rooms - 50 € / Apartments - 100 €. The deposit will be reimbursed if the room or apartment passes inspection. - Laundry fee: obligatory for all residential students - 120 €; couples in apartments 180 €*The following fees are not included and need to be paid at registration:- Additional courses: credit and audit (see Fee Schedule below)- Less the Discount for Payment-in-Full at registration (100 € residential, 50 € non-residential)
PER 10-CREDIT COURSE
PER 20-CREDIT COURSE
490 €
125 €
250 €
195 €
*All payments must be made in EURO
Note: • The University of Wales fee for part-time students taking 60 or more credits per academic year in included in the Tuition and Administration Fee. • Part-time students who take only ONE 20 credit core course per academic year pay additionally 150 € to cover the Part-Time University of Wales fee.• Part-time students who take only TWO 20 credit core course per academic year pay additionally 75 € to cover the Part-Time University of Wales fee.
Bank Information
1. EU (European Union) StudentsTo be exempt from purchasing health insurance in Belgium, EU students must bring a Form E-111 or Form E-128 from their insurance provider. If desired, supplement insurance may be purchased at registration.
2. Non-EU (European Union) StudentsNon-EU residential students are required to purchase Belgian health insurance at registration. (see Other Charges)
NOTE: Personal belongings of students in (apartments / rooms) are not covered by CTS insurance. Therefore, CTS is not liable for any damage or loss of personal belongings. If your personal belongings are not covered by your parents insurance [Family Insurance Policy], or by another insurance policy, after arrival the school will assist you in obtaining such insurance coverage. OTHER FEES (all applicable charges must be paid in full at registration)
35 €
5 €
2 €
0.50 €
50 €
replacement value
400 €
40 €
30 €
20 €
25 €
CURRENCYIt is the responsibility of the student, coming from countries not using the EURO as its currency, to arrange all payments to the seminary in EURO through (1) a wire / bank transfer or (2) with cash.
Further InformationFor further information on fees, including information on payment terms, EU study stipends and the availability of housing, please contact the accountant Sascha Wyrwal.
PAYMENTS ARE ONLY ACCEPTED IN EURO
© Continental Theological Seminary 2010