Eternity and Title IV2023-11-28T06:46:33-08:00

Eternity & Tile IV

Breaking Financial Barriers

As the cost of biblical education continues to rise, more and more hopeful students are finding themselves with less options. In this video, President Ernesto Duke explains how Title IV fits into our vision to remove these barriers and make debt-free Bible training available to all.

Breaking Financial Barriers

As the cost of biblical education continues to rise, more and more hopeful students are finding themselves with less options. In this video, President Ernesto Duke explains how Title IV fits into our vision to remove these barriers and make debt-free Bible training available to all.

We need your help

Make a donation today to help us cover expenses related to pursuing Title IV.

Frequently Asked Questions

We’re excited about this development and we’re eager to share more. If you have a question that’s not found below, feel free to email President Ernesto Duke, or click here to schedule a call.

Why has Eternity waited until now to pursue Title IV funding?2023-11-28T07:31:37-08:00

As an accredited institution, we’ve had the ability to apply for Title IV funding, but initially opted not to for two main reasons. First, Title IV funding generally puts students in a position where they could take out federal loans and possibly end up in debt. We’ve since learned that it’s possible to give students access to federal scholarships and grants (which don’t require repayment) without the possibility of federal loans.

Our second reason is that we wanted to ensure complete freedom in shaping the education at Eternity, without the possibility of influence or intrusion from secular government. We remain steadfast in this posture, and at the first sign the government attempts to influence our curriculum, philosophy, or pedagogy, our board will act to ensure our autonomy.

What would Title IV mean to the average Eternity Student?2023-11-28T07:32:24-08:00

We have worked very hard to lower the cost of our education to be as affordable as possible. With Title IV, a student who receives a full Pell Grant ($6,500) would be able to attend Eternity for free as a full-time student. Given the national average, the average student would receive enough funding to offset the cost of their education by 80% or more. 

What is Title IV funding?2023-11-27T17:35:20-08:00

Title IV funding refers to what we commonly think of as “federal financial aid” and is a reference to the portion of the Higher Education Act of 1965. These programs are administered by the U.S. Department of Education and include grants and loans. Eternity will only be pursuing the grants portion of the funding and will continue to avoid loans. Title IV funding is distinct from other types of financial aid as it is provided by the federal government. 

What does Eternity have to do and why does it cost more?2023-11-28T07:31:10-08:00

In order to get approved for Title IV funding, there are a number of steps, some of which we have completed. We had to change our status with the State of California, which has added administrative overhead and annual fees paid to the state. We have always done an annual audit, but the standards have gotten more strict which means the audit costs more. Once we are approved, there is additional work for evaluating eligibility and handling the funds properly which will require additional staffing. We are confident that the impact this makes will eventually pay for all these costs (and more), but for the initial costs, we need your help!

What is the difference between a grant and a Stafford Loan?2023-11-28T07:33:20-08:00

To put it simply, grants do not have to be paid back, but loans do have to be paid back. Grants are funds designated by the U.S. Department of Education to aid students in their pursuit of higher education. 

A subsidized Stafford Loan is a federal student loan where the government covers the interest that accrues while the borrower is in school at least half-time, during the grace period, and during deferment periods. However, once a student either falls out of half-time enrollment, drops in academic performance or finishes their education, they have to begin to pay back the loan and pay the previously agreed interest rate on the loan.

Why won’t Eternity apply for eligibility for subsidized and/or unsubsidized loans?2023-11-27T17:32:25-08:00

Plain and simple, we believe that educational debt hinders Gospel advancement. We have worked very hard to make our education as affordable as possible and with the addition of Title IV grants alone, we believe that anyone who wants to attend Eternity will be able to without financial hindrance.

Who is eligible for Title IV funding?2023-11-28T07:34:49-08:00

While there are lots of specific criteria, the sum of it is that most current Eternity students would be eligible, and the vast majority of our past applicants would also be eligible.