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Faith Bible College is a 501(c)3 organization.
Faith Bible College holds Candidate status with the Association for Biblical Higher Education Commission on Accreditation, 5850 T.G. Lee Blvd., Ste. 130, Orlando, FL 32822, 407.207.0808. Candidate status is a pre-accreditation status granted to those institutions that meet the ABHE Conditions of Eligibility and that possess such qualities as may provide a basis for achieving accreditation status within five years.
Faith Bible College is approved to accept Veteran educational benefit funds for approved students enrolled in courses for credit and taken at the school.
Faith Bible College is a private religious post-secondary institution and therefore exempt from the annual requirements of the State Council of Higher Education of Virginia.