Resources & Tips
State of California Student Tuition Recovery Fund
Student Tuition Recovery Fund Disclosures (§5 CCR 76215(a))
“The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss. Unless relieved of the obligation to do so, you must pay the state-imposed assessment for the STRF, or it must be paid on your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition.
You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if you are not a California resident, or are not enrolled in a residency program.”
(b) In addition to the statement required under subdivision (a) of this section, a qualifying institution shall include the following statement in its school catalog:
“It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. Questions regarding the STRF may be directed to the Bureau for Private Postsecondary Education, 1747 N. Market Blvd. Ste 225, Sacramento, CA 95834, Sacramento, CA 95833, (916) 547-8900 or (888) 370-7589 or by fax (916) 263-1897. Website address: www.bppe.ca.gov.
To be eligible for STRF, you must be a California resident or are enrolled in a residency program, prepaid tuition, paid or deemed to have paid the STRF assessment, and suffered an economic loss as a result of any of the following:
1. The institution, a location of the institution, or an educational program offered by the institution was closed or discontinued, and you did not choose to participate in a teach-out plan approved by the Bureau or did not complete a chosen teach-out plan approved by the Bureau.
2. You were enrolled at an institution or a location of the institution within the 120 day period before the closure of the institution or location of the institution, or were enrolled in an educational program within the 120 day period before the program was discontinued.
3. You were enrolled at an institution or a location of the institution more than 120 days before the closure of the institution or location of the institution, in an educational program offered by the institution as to which the Bureau determined there was a significant decline in the quality or value of the program more than 120 days before closure.
4. The institution has been ordered to pay a refund by the Bureau but has failed to do so.
5. The institution has failed to pay or reimburse loan proceeds under a federal student loan program as required by law, or has failed to pay or reimburse proceeds received by the institution in excess of tuition and other costs.
6. You have been awarded restitution, a refund, or other monetary award by an arbitrator or court, based on a violation of this chapter by an institution or representative of an institution, but have been unable to collect the award from the institution.
7. You sought legal counsel that resulted in the cancellation of one or more of your student loans and have an invoice for services rendered and evidence of the cancellation of the student loan or loans.
To qualify for STRF reimbursement, the application must be received within four (4) years from the date of the action or event that made the student eligible for recovery from STRF.
A student whose loan is revived by a loan holder or debt collector after a period of non-collection may, at any time, file a written application for recovery from STRF for the debt that would have otherwise been eligible for recovery. If it has been more than four (4) years since the action or event that made the student eligible, the student must have filed a written application for recovery within the original four (4) year period, unless the period has been extended by another act of law.
However, no claim can be paid to any student without a social security number or a taxpayer identification number.”
Information for Veteran Students
Shasta Bible College is approved as a degree-granting institution for the attendance of veterans.
The VA has approved “all standard degree programs for approval effective 8/01/2011” to train students who are using VA education benefits.
Note that One-year Certificate programs and three-year Diploma programs are not included and are not approved by the VA. The Secondary Bachelor of Arts in Biblical Studies is not included with this approval. Individualized Distance Education courses are approved when applicable to the Associate of Arts in Early Childhood Education only. They do not apply to the Certificate in Early Childhood Education.
All college transcripts are evaluated for possible units that can be transferred. Veterans can also apply for credit for work. See the catalog specific information related to Credit for Work Experience under Admissions Policies.
The SBC Financial Aid Office can help with federal aid for:
Chapter 30® – Montgomery GI Bill®
Chapter 33® – Post-9/11 GI Bill®
Chapter 35® – Survivors’ and Dependents’ Education Assistance Program®
Chapter 31® – VA Vocational Rehabilitation®
Chapter 1606® – Selected Reserve®
Shasta Bible College and Graduate School is a Yellow Ribbon® participating school. Veterans who are eligible under the Post-9/11 G.I. Bill® at the 100% benefit rate can apply for the Yellow Ribbon Scholarship. This program is available to an unlimited number of undergraduate students. Shasta Bible College and Graduate School will contribute $500 on behalf of the individual in the form of a Yellow Ribbon Scholarship and the VA will match that contribution. The student will receive $1000 per academic year and all subsequent academic years in which the student is eligible for military benefits and the student maintains satisfactory progress and continuous enrollment.
Veterans or dependents of veterans who plan to enroll at Shasta Bible College are encouraged to contact the Financial Aid Office, Mr. Tom Adams (530-221-4275 x 30) as soon as possible in order to make necessary arrangements with the Veterans Administration.
For information on how to apply for education benefits, GI Bill®, and payment rates, visit US Department of Veterans Affairs at www.gibill.va.gov or call (888) 442-4551.
Veterans are eligible to apply for Pell Grants and Federal Work Study programs in addition to their VA benefits. They are encouraged to fill out the free federal application found at https://studentaid.gov/h/apply-for-aid/fafsa.
Retired veterans are honored by Shasta Bible College and Graduate School with a 25% tuition discount after all other aid has been considered. See the application for institutional aid on the financial aid page at www.shasta.edu.
Honorably discharged veterans who have used all of their eligible educational GI Bill® assistance can receive a 10% tuition discount. See the application for institutional aid on the financial aid page at www.shasta.edu.
Notice to Veterans: Veterans are required to make satisfactory academic progress each semester as with other federal aid. See the catalog for information about Satisfactory Academic Progress.
Should active duty require you to be away, reservists are advised to make arrangements with their individual professors as soon as possible. All accommodations possible will be made. If an incomplete is necessary, the student should contact the registrar’s office for the proper form.
Since GI Bill® benefits are based entirely on the number of units for which you are registered, it is imperative that you contact Mr. Adams in Financial Aid anytime you add or drop units. In addition to the tuition benefit of the Yellow Ribbon® program, students may also be eligible for other benefits. In order to receive the monthly housing allowance, you must be enrolled for 7 or more units per semester.
For further general information concerning VA benefits see the following link: Info for Veterans
Student Tuition Recovery Fund Disclosures (§5 CCR 76215(a))
“The State of California established the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic loss suffered by a student in an educational program at a qualifying institution, who is or was a California resident while enrolled, or was enrolled in a residency program, if the student enrolled in the institution, prepaid tuition, and suffered an economic loss. Unless relieved of the obligation to do so, you must pay the state-imposed assessment for the STRF, or it must be paid on your behalf, if you are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition.
You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if you are not a California resident, or are not enrolled in a residency program.”
(b) In addition to the statement required under subdivision (a) of this section, a qualifying institution shall include the following statement in its school catalog:
“It is important that you keep copies of your enrollment agreement, financial aid documents, receipts, or any other information that documents the amount paid to the school. Questions regarding the STRF may be directed to the Bureau for Private Postsecondary Education, 1747 N. Market Blvd. Ste 225, Sacramento, CA 95834, Sacramento, CA 95833, (916) 547-8900 or (888) 370-7589 or by fax (916) 263-1897. Website address: www.bppe.ca.gov.
To be eligible for STRF, you must be a California resident or are enrolled in a residency program, prepaid tuition, paid or deemed to have paid the STRF assessment, and suffered an economic loss as a result of any of the following:
1. The institution, a location of the institution, or an educational program offered by the institution was closed or discontinued, and you did not choose to participate in a teach-out plan approved by the Bureau or did not complete a chosen teach-out plan approved by the Bureau.
2. You were enrolled at an institution or a location of the institution within the 120 day period before the closure of the institution or location of the institution, or were enrolled in an educational program within the 120 day period before the program was discontinued.
3. You were enrolled at an institution or a location of the institution more than 120 days before the closure of the institution or location of the institution, in an educational program offered by the institution as to which the Bureau determined there was a significant decline in the quality or value of the program more than 120 days before closure.
4. The institution has been ordered to pay a refund by the Bureau but has failed to do so.
5. The institution has failed to pay or reimburse loan proceeds under a federal student loan program as required by law, or has failed to pay or reimburse proceeds received by the institution in excess of tuition and other costs.
6. You have been awarded restitution, a refund, or other monetary award by an arbitrator or court, based on a violation of this chapter by an institution or representative of an institution, but have been unable to collect the award from the institution.
7. You sought legal counsel that resulted in the cancellation of one or more of your student loans and have an invoice for services rendered and evidence of the cancellation of the student loan or loans.
To qualify for STRF reimbursement, the application must be received within four (4) years from the date of the action or event that made the student eligible for recovery from STRF.
A student whose loan is revived by a loan holder or debt collector after a period of non-collection may, at any time, file a written application for recovery from STRF for the debt that would have otherwise been eligible for recovery. If it has been more than four (4) years since the action or event that made the student eligible, the student must have filed a written application for recovery within the original four (4) year period, unless the period has been extended by another act of law.
However, no claim can be paid to any student without a social security number or a taxpayer identification number.”
Information for Veteran Students
Shasta Bible College is approved as a degree-granting institution for the attendance of veterans.
The VA has approved “all standard degree programs for approval effective 8/01/2011” to train students who are using VA education benefits.
Note that One-year Certificate programs and three-year Diploma programs are not included and are not approved by the VA. The Secondary Bachelor of Arts in Biblical Studies is not included with this approval. Individualized Distance Education courses are approved when applicable to the Associate of Arts in Early Childhood Education only. They do not apply to the Certificate in Early Childhood Education.
All college transcripts are evaluated for possible units that can be transferred. Veterans can also apply for credit for work. See the catalog specific information related to Credit for Work Experience under Admissions Policies.
The SBC Financial Aid Office can help with federal aid for:
Chapter 30® – Montgomery GI Bill®
Chapter 33® – Post-9/11 GI Bill®
Chapter 35® – Survivors’ and Dependents’ Education Assistance Program®
Chapter 31® – VA Vocational Rehabilitation®
Chapter 1606® – Selected Reserve®
Shasta Bible College and Graduate School is a Yellow Ribbon® participating school. Veterans who are eligible under the Post-9/11 G.I. Bill® at the 100% benefit rate can apply for the Yellow Ribbon Scholarship. This program is available to an unlimited number of undergraduate students. Shasta Bible College and Graduate School will contribute $500 on behalf of the individual in the form of a Yellow Ribbon Scholarship and the VA will match that contribution. The student will receive $1000 per academic year and all subsequent academic years in which the student is eligible for military benefits and the student maintains satisfactory progress and continuous enrollment.
Veterans or dependents of veterans who plan to enroll at Shasta Bible College are encouraged to contact the Financial Aid Office, Mr. Tom Adams (530-221-4275 x 30) as soon as possible in order to make necessary arrangements with the Veterans Administration.
For information on how to apply for education benefits, GI Bill®, and payment rates, visit US Department of Veterans Affairs at www.gibill.va.gov or call (888) 442-4551.
Veterans are eligible to apply for Pell Grants and Federal Work Study programs in addition to their VA benefits. They are encouraged to fill out the free federal application found at https://studentaid.gov/h/apply-for-aid/fafsa.
Retired veterans are honored by Shasta Bible College and Graduate School with a 25% tuition discount after all other aid has been considered. See the application for institutional aid on the financial aid page at www.shasta.edu.
Honorably discharged veterans who have used all of their eligible educational GI Bill® assistance can receive a 10% tuition discount. See the application for institutional aid on the financial aid page at www.shasta.edu.
Notice to Veterans: Veterans are required to make satisfactory academic progress each semester as with other federal aid. See the catalog for information about Satisfactory Academic Progress.
Should active duty require you to be away, reservists are advised to make arrangements with their individual professors as soon as possible. All accommodations possible will be made. If an incomplete is necessary, the student should contact the registrar’s office for the proper form.
Since GI Bill® benefits are based entirely on the number of units for which you are registered, it is imperative that you contact Mr. Adams in Financial Aid anytime you add or drop units. In addition to the tuition benefit of the Yellow Ribbon® program, students may also be eligible for other benefits. In order to receive the monthly housing allowance, you must be enrolled for 7 or more units per semester.
For further general information concerning VA benefits see the following link: Info for Veterans
