Finances
Students are encouraged to have all their funding needed before college starts. As a college we try very hard to keep the cost for both tuitition and room and board affordable. You will find all the details below.
Finances
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Current Costs: 2008-2009
The current costs for a typical single student living in the dorms is shown below. For non-dorm students, the tuition rates and student fees are the same, but the on-campus housing costs vary depending on the type of housing needed. Please contact LFBC (info@lfbc.net) for the current on-campus housing rates.
Costs for a single student in the dorm:
Tuition* ($110 per credit hour)
Fall Semester
Spring$3960
$1980
$1980Room and Board
Fall Semester
SpringAll Other Fees
$3600
$1800
$1800$920
TOTAL
$8480
Note: All prices are in Canadian Dollars
*Tuition is charged per semester for full time students.Please note that Living Faith Bible College reserves the right to change or alter these figures as published in our catalogue or on our web site at any time."All Other Fees" includes yearbook, library fees, textbooks, class hoandouts, computer lab, insurance, grad banquet, student coundil, room deposit, and tour fees.
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Financial Assistance
A student assistance fund has been established by the board of LFEA. Students not having sufficient money to cover their tuition and fees may make application at the beginning of each semester. Applications will be reviewed by the Administrative Committee before funds will be disbursed.
LFBC is approved by the United States Department of Veterans Affairs for educational benefits for United States military veterans enrolled in Bachelor's programs.
Because of the location of LFBC, part-time employment opportunities are limited. If a student does need to work, employment opportunities must be cleared with the Academic Dean beforehand.
Students graduating from Alberta high schools who have a grade point average of 80% or higher during grades 10, 11, or 12 are eligible to receive a scholarship from the Alberta Heritage Trust Fund. Check with your school administrators for an application form and more information.
This FCA scholarship is available to full time students entering their second or subsequent years of post-secondary Christian education. Special consideration is given to applicants enrolled at Living Faith Bible College as it is a member of the FCA. For additional information contact the Registrar. For more details and to download forms please surf to:
There are a number of scholarships awarded each year (generally during our graduation ceremonies). These are usually awarded to returning 2nd or 3rd year students.
LFBC is an approved institution for Canada Student Loans. Canadian students wishing to receive a Canada Student Loan must apply through their province of residence.
If you are from Alberta, our provincial designation number that you must use to apply for a loan is: 2063. Students from Alberta can telephone 1-800-222-6485 to request an application from the Alberta government or surf to:
Students from Canada may wish to contact the bank or credit union of their choice to inquire about student loan programs. Some financial institutions have loan programs in place that are similar to the Canada Student Loan program.
Students from other provinces should consult their province's education ministry to find out how to apply for a loan. Our federal designation code is: BPTG. Information for your province can be obtained at: