I believe my friend is going to try Belhaven. Thanks everyone for your help. If you happen to think of other schools that fit the bill (Reformed, Online, Bachelor's, Bible/Theology degree) please post the additions. Thanks again.
My dad got his Masters and Doctorate through Homestead College of Bible. He thoroughly enjoyed the study and enjoyed talking with Dr. Pent as well. If you've read the Ten Peas in a Pod book, you might recognize Dr. David Pent as the the eldest of the Dr. Arnold Pent children. If you haven't read it, you should! It was a huge encouragement to us!