Scholarships

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The goal of the scholarship program at Montana Bible College is to provide funds to returning students whose heart for God, long-term commitment to ministry, academic performance, and financial need warrant assistance from the College.  Students who receive scholarship funds from MBC should compel the College to invest in their lives.  We believe strongly in the personal responsibility of each student to plan for and be able to pay the cost of choosing to be a student.  Further, we believe that graduates should not be hindered from fulfilling the ministry to which God has called them because of the burden of college debts; therefore, MBC is committed to providing quality education at an affordable cost.  How is this possible, since MBC’s tuition only covers a portion of its operating expenses?  It is possible because God has placed generosity in the hearts of individuals, churches, and alumni who believe in the eternal value of Bible college education.  These people are passing on a trust to our students because they expect God to do great things through them.

MBC does not accept any direct or indirect federal financial aid.  The cost of administering Title IV funding in small schools like MBC is greater than the funds students would receive from federal financial aid.  Furthermore, student loans can become a significant burden and a hindrance to ministering where God wants His people.  Montana Bible College wants God to receive the glory for assisting our students in their education; thus, MBC offers scholarships based on the funds available for students who meet the following criteria:

Scholarship Eligibility

The following are requirements for students seeking to receive scholarship funds from Montana Bible College.

  • Except for the MBC Matching Scholarships, only returning MBC students (at least sophomore standing) may receive internal scholarship funds.
    • Students coming to MBC who have never attended any other college are not yet eligible for internal MBC scholarships.  These students should plan to finance their first year at MBC from their own savings and earnings and through financial assistance from their parents, supporting church scholarships (see below) and external scholarship opportunities such as local community scholarships.
    • Students who transfer to MBC from another institution of biblical higher education must successfully complete one full-time semester at MBC to be eligible for scholarship funds through the College.
    • This is an opportunity for students to manifest their commitment to responsible stewardship and a time for the College to gain valuable insight into the character of new students in order to determine their eligibility for scholarship funds.
  • Students must be enrolled full-time (at least 12 credits each semester) toward the completion of either the one-year Certificate in Biblical Studies or the B.A. in Biblical Studies degree program.  Credits taken concurrently at another university in fulfillment of MBC general education requirements do count toward full-time status at MBC.  Dropping below full-time status at any point during the semester will make a student ineligible for scholarship funds.  Any funds awarded to a student who does not maintain full-time status may be revoked, and the College may expect the student to pay back the awarded funds.
  • Students must demonstrate Christ-like character both on and off campus.
  • Students must maintain GPA requirements.  (General requirements are to maintain at least a 2.0.  Additional GPA requirements exist for individual scholarships.)
  • · Students must complete MBC’s Comprehensive Scholarship Application (available online at www.montanabiblecollege.edu or through the MBC office).

Available Scholarships

Supporting Church Scholarships

MBC anticipates that all students will apply to their home church for a scholarship to assist in managing the costs of attending college.  A person’s home church is normally very supportive of ministry training for one of its own students.  MBC has made available an introductory letter for students to present to their churches.  The letter outlines the College’s philosophy of ministry and financial aid.  This may be a very helpful resource for a student seeking the assistance of his or her home church.  Please contact the MBC office for a copy of this letter. MBC will match any scholarships from a student’s home church up to $250 dollars per year.  This matching grant is renewable on an annual basis for up to four years based on the church’s continued support (the church is invited to give as much as it can).  Students must be enrolled full-time.

Need-Based Scholarships

MBC Aid Scholarship – This scholarship is available to returning students of at least sophomore standing who demonstrate financial need and maintain minimum academic requirements.  The amount of this scholarship will vary with individual financial need and budgetary availability.  Students may apply for this scholarship each year, for up to four years, by yearly resubmission of the MBC Scholarship Application.  Awarded both fall and spring semesters.  Deadline: July 15th (fall semester); December 1st (spring semester). Resubmission is not required for those who received a scholarship in the fall.

Honors Scholarships

  • Elizabeth O’Rear Memorial Scholarship – In memory of Elizabeth O’Rear, the O’Rear family has graciously provided a scholarship in the amount of $1,000 ($500 per semester). In order to be eligible for this scholarship, the applicant must be a returning student of junior or senior standing, have and maintain at least a 3.25 GPA, and currently be involved in ministry with plans to pursue full-time ministry after graduation. This scholarship is awarded to one student, chosen by the scholarship committee, for the following school year. The scholarship is presented annually at MBC’s graduation ceremony.
  • Ron Ward and Founders Memorial Scholarship – In memory of Ron Ward, one of the founders of Montana Bible College, MBC has designated a scholarship fund in his name. This scholarship in the amount of $500 ($250 per semester) is awarded to returning students who demonstrate servant-hearted leadership, love for God’s people, and a passion to serve Him in ministry. The student must maintain at least a 3.25 GPA or show exceptional GPA improvement. The amount and number of Ron Ward Memorial Scholarships will correspond to the growth of the fund.
  • Chamberlin Greek Scholarship – Funded by the Chamberlin family, this scholarship is available each fall that Greek III is taught. In order to be eligible for this scholarship, the applicant must have passed both Greek I and II with at least a 2.0 GPA and be enrolled in Greek III with the intent to take Greek IV. This scholarship is awarded based on the student’s interest in pursuing the Greek language and demonstration of financial need. This scholarship is currently awarded to one student every other fall semester.

Applying for Scholarships

  1. Complete MBC’s Comprehensive Scholarship Application. Deadline: July 15th (fall semester); December 1st (spring semester – not required for those who completed the application in the fall ).
  2. Direct any questions to the MBC office at 406.586.3585 or toll-free 888.462.2463.
  3. Sign and returned completed application to:

Montana Bible College
Attn: Scholarship Committee
3625 S. 19th Avenue
Bozeman , MT 59718

 

Scholarship Awards and Notification

Montana Bible College uses a fair and objective method to distribute scholarship funds. Students may be awarded more than one scholarship, but up to no more than 50% of tuition costs unless otherwise stated. External scholarships will not be calculated into this maximum. Awards will be made in a timely manner following the application deadline. All scholarship applicants will be notified in writing regarding the amount of financial aid they will receive.