Finances
Because the goal of Fairhaven Baptist College is to keep student costs to a minimum, it maintains one of the lowest room, board, and tuition rates of any Christian college in the nation.
| Tuition per semester (12-18 hours) | $2,120.00 |
| Less than 12 hours, per hour | 180.00 |
| Hours over 18, per hour | 110.00 |
| Room and Board, per semester | 1,475.00 |
| Graduate Tuition, per hour | 175.00 |
| Application fee (non-refundable) | 25.00 |
| Reservation fee (non-refundable, due per semester) | 125.00 |
| Transcript Fee | 7.00 |
| Student Services Fee (per semester) | 275.00 |
| Insurance Fee (per year) | 30.00 |
| Dormitory Deposit | 50.00 |
All fees must be paid before classes begin. Sudents are charged a five dollar fee each day fees are not paid after classes begin.
Two-thirds of the school bill is due by 5 p.m. the Friday before the week of finals. If it is not paid by this deadline, a fee of $200 is charged to the bill. If two-thirds is still not paid by the end of the following semester's drop/add period, the student will not be allowed to continue attending classes.
Graduating seniors must have their bill paid in full or take a Horizon Bank loan in order to receive their degree and participate in commencement exercises.