Why the M.Div. at Faith Bible Seminary

Radically Affordable

Seminary education should not leave graduates in crippling debt. Lower cost is the first of FBS's core values: minimize student debt so that graduates remain available for ministry.

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For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?
Luke 14:28
The Problem

Debt Narrows a Calling

Many seminary graduates carry student loan debt into ministry. That burden shapes — and limits — the decisions they can make for years after graduation.

Graduates who feel called to serve smaller congregations, pursue church planting, or go to the mission field often can't afford to follow that calling. Instead, they're forced to choose positions based on salary rather than conviction. This is the reality Faith Bible Seminary was founded to change.

What Seminary Debt Costs

  • Years of loan repayment limiting ministry choices
  • Financial stress on young families
  • Graduates steered toward salary-driven decisions
  • Fewer graduates free to serve smaller churches or the mission field
The FBS Solution

Graduate Debt-Free and Ready to Serve

FBS was established specifically to help students complete seminary without incurring significant debt. Here's how we make it possible.

Lower Cost Is a Core Value

FBS is a ministry of Faith Church, Lafayette. The seminary's first core value is lower cost: minimize student debt so that graduates remain available for ministry — wherever God calls them.

Tuition That Rewards Ministry

M.Div. students serving full-time in ministry or a church internship pay $2,000 per year. All other M.Div. students pay $250 per credit hour. MABC tuition is $310 per credit hour.

VA Benefits Accepted

As a VA-recognized institution, FBS accepts veterans benefits, providing even more financial support for those who have served our country.

MABC Scholarships

The Leadership in Counseling Matching Program pairs a $500 church gift with a $500 FBS match ($1,000/year). The Joyful Journey Podcast Scholarship covers 50% of class tuition for women. Both are due October 15.

Tuition at a Glance

See What You'll Pay

Master of Divinity
Application Fee $40
Full-time ministry / internship students $2,000/year
Per credit hr (not in ministry) $250

FBS does not offer direct financial aid. The lowest M.Div. rate comes through full-time ministry or internship involvement; outside employment prevents the lowest rate.

Learn about M.Div.
M.A. in Biblical Counseling
Application Fee $50
Tuition $310/credit hr
Administration Fee $65/class
Distance Module Fee $200/class

Total tuition and fees for the 39-credit degree are approximately $12,935. Two scholarships are available; applications are due October 15.

Learn about MABC
Ready to Begin?

Equip Yourself for a Lifetime of Faithful Ministry

Take the first step toward a biblical education that will shape your ministry for decades to come.