FMI Biblical Studies and Seminary is chartered by the State of North Carolina pursuant to N.C.G.S. §116-15(d), licensed in South Carolina under Title 59, Chapter 58, Section 30, authorized in Florida under §1005.06(1)(f) and Rule 6E-5.001, and exempt from authorization in Georgia under O.C.G.A. 20-3-250.3(a)(6) for religious education. Exemption is not based upon assessment of program quality. FMI is not accredited by an agency recognized by the U.S. Department of Education or the Council for Higher Education Accreditation, and its programs are not eligible for federal student financial aid.Read the full statement.