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Financial Aid

TSBC’s Financial Aid Department works diligently to award students the maximum amount of federal, state, and institutional grants and scholarships available. We make it easy for students to process financial aid and payments with DocuSign, direct deposit, PayPal, Venmo, other time-saving services, especially helpful for students who are at a distance from TSBC.

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The First Step – FAFSA

The Free Application for Federal Student Aid (FAFSA®) form is the application for federal financial aid for college and post-secondary training. It also may help you qualify for financial aid from the state of Ohio and at the institution of your choice. The form is free, but it could save you thousands of dollars.

By filling out the FAFSA, you will find out what you qualify for. You may qualify for grants, which you don’t need to repay. If you qualify for loans, federal loans have lower interest rates and you don’t start repaying till you graduate. The FAFSA is also the key to unlocking state financial aid.

To complete your FAFSA, go to FAFSA.ed.gov.

Available Aid

TSBC routinely processes the following sources of financial aid. Funds are awarded based on federal, state, program, and institutions regulations and requirements.

  • Federal Pell Grant
  • Federals Supplemental Education Opportunity Grants (FSEOG)
  • Stafford Loans (subsidized/unsubsidized)
  • PLUS Loans
  • Veterans Administration Educational Benefits
  • Ohio College Opportunity Grant (OCOG)
  • Institutional Scholarships
  • Federal Work Study
  • Other awards as available
Are you a US Veteran?

Educational benefits for veterans are available to qualified students. The first step is to contact the Veterans Administration (www.benefits.va.gov/gibill/apply.asp) and complete the applicable forms to begin the application process. The TSBC Financial Aid Director must also be consulted. TSBC will not impose any penalty, including the assessment of late fees; the denial of access to classes, libraries, or other institutional facilities; or the requirement that a Chapter 31 or Chapter 33 recipient borrow additional funds to meet his/her financial obligations due to the delayed disbursement of payment by the U.S. Department of Veterans Affairs.

TSBC CARES ACT HEERF GRANT REPORTING
GUIDELINES AND REPORTING FOR HEERF STUDENT PORTION (Award #P425E205772)

Please read the Student Grant Guidelines and Quarterly Reports carefully before completing the Application. Questions or clarifications should be directed to the Student Grant Committee member indicated in the Guidelines.

2022 Quarter 2 [Final]

APPLICATION FOR HEERF STUDENT PORTION (Award #P425E205772)

Please complete and submit the Application with all relevant receipts by 11:59pm on Wednesday, October 28, 2020. No late applications will be accepted by the Student Grant Committee. Applications and receipts can be submitted electronically to [email protected] or in-person to the TSBC South Point Financial Aid Office as indicated in the Application and Guidelines.
This application has been discontinued. Please see “Student Grant Guidelines and Quarterly Reports” above.

REPORTING FOR HEERF INSTITUTIONAL PORTION (Award #P425F205087)

2020 Quarter 3 Report
2020 Quarter 4/Annual Report
2021 Quarter 1 Report
2021 Quarter 2 Report
2021 Quarter 3 Report
2021 Quarter 4 Report
2022 Quarter 1 Report

2022 Quarter 2 [Final]

GUIDELINES FOR HEERF INSTITUTIONAL PORTION (Award #P425F205087)

Please read the Institutional Portion Guidelines carefully before completing the Application. Questions or clarifications should be directed to the Student Grant Committee member indicated in the Guidelines.

APPLICATION FOR HEERF INSTITUTIONAL PORTION (Award #P425F205087)

Please complete and submit the Application with all relevant receipts by 11:59pm on Monday, December 14th, 2020. No late applications will be accepted by the Student Grant Committee. Applications and receipts can be submitted electronically to [email protected] or in-person to the TSBC South Point Financial Aid Office as indicated in the Application and Guidelines.
This application has been discontinued. Please see “Institutional Portion Guidelines” above.

QUARTERLY REPORTING FOR HEERF FIPSE (Award #P425N200916)

2020 Quarter 4/Annual Report
2021 Quarter 1 Report
2021 Quarter 2 Report
2021 Quarter 3 Report
2021 Quarter 4 Report [Final]

Scholarships

Tri-State Bible College welcomes eligible applicants to apply to institutional scholarships. Currently, TSBC is pleased to announce that three scholarships are accepting applications for the Fall of 2022: (1) the Bi-Vocational Scholarship, (2) the Philemon Scholarship, and (3) the Koinonia Scholarship. Contact our Financial Aid Office today and request more information about scholarships of interest.

TSBC AMI Scholarship for Bi-Vocational Households
TSBC Koinonia Matching Scholarship
TSBC Philemon Scholarship for Loan Relief

Deadlines

Each awarding program institutes its own deadlines. Apply for your FAFSA early and contact the TSBC Financial Aid Office as soon as possible to get specifics about your financial aid.

Borrowing and Its Biblical Significance

The Hebrew Scriptures offer specific instructions and regulations regarding borrowing and lending in the nation of Israel. On the one hand, we discover a culture that is not consumeristic nor capitalistic. The theocratic demands of the law of God cautioned lenders not to exploit those for whom borrowing had become a last resort: “If you lend money to any of my people who are needy among you, do not be like a moneylender to him; do not charge him interest” (Exodus 22:25). The practice of yūbel (Jubilee) also demonstrates a system created to remember the poor, celebrate financial freedom, prioritize family legacy, and operate under the sovereignty of the God of Israel, full of mercy and grace.

On the other hand, the Hebrew Scriptures also deliver to today’s reader the harsh realities of borrowing that can be ignored in a consumer-driven, capitalistic, and financially entitled culture. “The wicked borrows but does not pay back, but the righteous is generous and gives” (Psalm 37:21). “The rich rule over the poor, and the borrower is servant to the lender” (Proverbs 22:7).

The main campus of Tri-State Bible College resides in the heart of north central Appalachia, a place where the poverty level is 16.9% according to the Appalachian Regional Commission (ARC). This is the second highest among the five subregions of Appalachia. 18–24 year olds experience the highest level of poverty. While Appalachian families experienced an increase in household income between 2015–2019, the median household income is still approximately $11,000 less than the national median.

During strategic planning, our external scan of the north central Appalachian region, as well as our additional location in Akron, OH, revealed to us the financial difficulty facing prospective students. Loans that lead to a subsequent burden of heavy debt make fulfilling your ministry challenging.

With wise planning and accountability, loans can be a partial resource for funding one’s education. However, students are cautioned by the realities of becoming a borrower, and they are encouraged to exhaust all possible alternatives to borrowing. This is a practice that not only benefits students’ peace of mind now, but it anticipates the students’ future in vocational or bi-vocational ministry.

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