Financial Information

The following fees are in effect for the 2018-2019 school year. They are subject to change without notice as may be deemed necessary by the Board of Directors.

The full amount for Room/ Board/ Tuition/ Textbooks is about $2,600 per semester!

Charges Per Semester

Registration Fee

Tuition (full-time students)

Lab Fee (per class)*

Dormitory Room (dorm students)

Board (dorm students)

Activity Fee

Books
(varies each semester)

 

$10.00

$1,175.00

$5.00

$470.00

$725.00

$50.00

(estimated $100.00 – $300.00)

*Fees increase for a few classes where large amounts of material are used and retained by the student.

For anyone taking 16 or more hours, the above-mentioned tuition figure shall apply. For those who take less than 16 hours, the fee shall be $78.80 per credit hour.

Wives and children of full-time married students, faculty, and staff may take up to five hours of classes per semester without tuition charge, and they may take any number of additional hours at a 50% reduction of tuition.

Based on the above charges, the cost to attend Cornerstone would be about $1400.00 per semester for a commuting student and about $2600.00 per semester for a dormitory student. Additional books, materials, and personal spending money must be figured as additional cost.

Financial Regulations

On the day of registration, it is expected that each student pay a minimum of 60% of the total cost of that semester (registration, tuition, activity and lab fees, and room and board). Book costs should be paid in full. If it is not feasible for the student to pay this amount, arrangements must be made with the Business Manager before registration day.

No transcript or diploma will be issued until all academic, financial and other obligations to Cornerstone are met. The first transcript requested will be free; additional ones will be charged $5 each.

Work Scholarships

All students may apply for work scholarships. The number of scholarships will be based on the availability of work and funds.

Refund Policy

If a student who has applied to Cornerstone gives written notice of cancellation within fifteen business days after the day on which the application was approved, CBI will refund all tuition, fees and other charges paid by the student.

When a student has been accepted by Cornerstone and gives written notice of cancellation following the fifteenth business day after the date of the acceptance but before the start of the course of instruction, CBI will retain 15% of the total cost of the course or $50, whichever is less.

When a student has been accepted by CBI and gives written notice of cancellation after the start of the course of instruction but before completion of 75% of the course of instruction, the amount charged for tuition, fees, and all other charges will not exceed the pro rata portion of the total cost of the course that the length of the course completed bears to its total length, plus 25% of the total cost of the course or $100, whichever is less. After completion of 75% of the course of instruction, no refund will be given. Veterans will receive a pro rata refund in accordance with CFR 21.4255.