Pay/Give

tuition, fees, donations

TUITION

PRICE CONTROL: The pricing of our programs is controlled by our accreditation agency. The Open Latch Education Foundation (OLEF) uses a coefficient (.3) to raise or lower our prices every year that is a multiple of 5. On such years, OLEF multiples the coefficient by the April value on the Historical CPI-U spreadsheet, from the U.S. Bureau of Labor Statistics ( click here to see this information). The result is the new average price of a credit in the faculty-school system.

This adjustment is made to account for inflation or deflation in our dual attempt to provide proper real-wage pay to our faculty and fair pricing to our students. The latest calibration we made to match this index was in April 2025. The CPI-U value was 320.795. The calculation was as follows:

.3 X 320.795 = 96.2385, or $96.23 per credit ($96).

This price indicates the average price for a credit, so if our BA diploma requires 120 credits, we cannot charge more than $11,5200 total for the total tuition cost of the degree. Because of our flat-fee rate and our mentorship model, our current price for a BA degree is $8,800 ($2200 a year for 4 years, but allowing for a student to finish in 3 or to have a fourth year of self-directed learning at no tuition cost).

The next time we are due for a pricing change is 2035, as we have decided to keep the current pricing through the 2030 year, which is when the credit price can be re-figured.

FACULTY REMUNERATION: According to OLEF accreditation rules, our faculty must receive at least 80% of all tuition. This amount can be split up among faculty who co-teach a class or unit. For some of our classes, practicums, and units, our faculty actually receives 100% of the tuition.

PAYING TUITION: If you are a student, you will receive your tuition bill annually in August. It will come to your email as a PayPal invoice. You must pay the tuition by 15 September.

FEES

ANNUAL ACCREDITATION FEE: The Open Latch Education Foundation requires each student to pay an annual fee of $200 by 15 September of every academic year. You will either use the pay button on their site (www.openlatch.org) or will receive an invoice from OLEF in your email.

2ND YEAR WRITING PORTFOLIO: Between the 30th earned credit and before the 60th one, all undergraduate students must submit a writing portfolio to the Open Latch Education Foundation. The cost for the evaluation of the portfolio is $200. You will either use the pay button at the OLEF website or will receive an invoice from OLEF in your email.

DONATE

Ravenburn Humanities Bible College is a registered 501(C)3. We will issue donation receipts upon request, for tax write-off purposes. If you want to make a general donation, please send us a general query at ravenburnfaculty@gmail.com to begin the process.

If you would like to donate to the Wayne and Nina Flemings scholarship, click here to go.

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