Finances & Financial Aid
For a breakdown of program and residence fees, please click here. For information regarding payment plans and acceptable payment methods, please review our fees & information webpage .
Costs for one year of study click here.
Financial Aid & Scholarship Information
Prairie has a number of funds to assist students in meeting their educational costs. We offer scholarships and bursaries that are available to both new and returning students. At present all of Prairie’s financial awards are based on financial need. Students on academic and/or conduct probation will not normally receive financial assistance or scholarships. The deadline for all financial assistance (including the Local Church Scholarship Matching Program) is June 1.
Financial Aid Application
Students wishing to apply for financial aid should download the Financial Aid Information Package before completing the Online Financial Aid Application.
Financial Aid Information Package [pdf]
Founders Legacy Bursary
Prairie Bible Institute strives to provide excellent teaching, and also intentional learning experiences outside the classroom. In response to lowering student debt load and providing a valuable holistic education, we have made an institutional commitment to the Founders’ Legacy Bursary Program (FLB), created to provide a bursary equal to tuition for eligible third and fourth year students. For more information, please visit our FLB Webpage.
Disbursements
Scholarships are awarded in amounts varying from $200 - $2000. Students who are granted a scholarship from Prairie will have it applied to their student account following registration in January (second semester). Failure to enroll in September disqualifies the student from the entire award.
If you have any questions, please contact the Financial Aid Office.
Financial Aid Office
Toll Free: 1-800-661-2425
Phone: 403-443-3042
Toll Free Fax: 1–800–235–5714
Email: finaid@prairie.edu
Student Loans
Applications for provincial and federal student aid must be received at the provincial/state loan and processing centres no later than June 15 in order to have approval before college begins. Applications usually require 6-8 weeks to process. Application forms may be obtained by phoning the Student Finance Officer at Prairie or by calling the student loan center in your province or state.
A listing of Canadian and American Student Loan websites is available here.
No interest or principal payments are required while attending a post secondary institution full–time. Interest payments begin immediately following the end of the semester. Interest does not accrue between academic years if the break is six months or less. Principal payments begin six months following the end of the semester in which you graduate or quit school.
American Student Loans Information
US Students wishing to apply for federally funded financial aid should consult the following documentation:
Financial Information for US Students
Federal Disclosure Requirements
Return of Title IV Funds Policy
Satisfactory Academic Progress Policy
Employment Opportunities
A variety of employment opportunities are available on campus to assist in covering the costs associated with your education. Part-time positions are available in the TS Rendall Library, Food Services Department, Admissions Office, and Grounds/Maintenance and other departments as the need arises. Please apply in person when you arrive on campus.
International Students: If you are planning on working while in Canada it is important that you get the appropriate permits when from immigration. On your study permit “terms and conditions,” the following phrase (or similar) should be included: “May accept employment on the campus of the institution at which registered in full-time studies” For more information please contact the Admissions Office.