PROGRAM: Financial Policies
- Tuition and Fees
- Payment Policy
- Deferment Tuition
- Refund Policy
- Student Tuition Recovery Fund(STRF)
- Scholarship Opportunities
Tuition and Fees
| Item | Cost |
|---|---|
| Tuition per unit for Master programs | $150.00 |
| Application fee (Non-refundable, one-time) | $100.00 |
| Make-up examination Fee | $50.00 |
| Registration fee (Non-refundable, per quarter) | $55.00 |
| Late Registration fee (Non-refundable, per quarter) | $150.00 |
| Readmission Fee (Non-refundable, one-time) | $100.00 |
| Student's ID card | $10.00 |
| Catalog fee | $10.00 |
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| Tuition Payment & Refund Policy | |
Payment Policy
After registration and payment of registration fee, students must pay at least 50% of the tuition and other applicable fees prior to the beginning of instruction. The remaining 50% of the tuition and fees must be paid during the grace period ending on the Wednesday of the 2nd week of the quarter (last day to Add and Drop). Late payment of the remaining 50% tuition and fees are subjected to a penalty charge. Students, who are not able to make payments as of the above schedule, may request a payment plan with installments spread over the course of the quarter. If approved, student should fill out and sign the tuition deferment request form attached to the registration form.
Application for deferment of payment will be considered on the basis of financial need and assurance of ability to make the payments as required. No tuition is to be deferred for students enrolled for less than four (4) units.
Refund Policy
The student pays tuition and registration fee quarterly. The student may cancel an enrollment agreement at any time on or before the first day of instruction each quarter without any penalty. The student will be refunded full amount of all monies paid less $100 application fee if he/she is a new student and $55 registration fee if he/she is a continuing student.
F
f
or students who have completed 60% or less of the 11 weeks quarter instruction period, the refund shall be on a pro rata basis. The refund shall be the amount of tuition paid multiplied by a fraction, the numerator of which is the number of class hours of instruction (credit units x 11) which the student has not received but paid for, and the denominator of which is the total number of class hours of instruction (credit units x 11) for which the student has paid.
The student will not get a refund after more than 60% of the instruction of that quarter has been presented. For example, if the student completes only 20 hours of a 4 unit (44 hours) course and paid $1000.00 tuition, the student would receive a refund of $545.45.
20 hours (Hours of instruction received)
$1000 ? ($1000 X ------------------------------------------------------------------)
44 hours (Hours of instruction paid)
= $545.45 (Amount of refund)
CalUMS refunds tuition to all students who qualify, which includes those registered in degree programs and the English as a Second Language program. Students must submit their request to cancel the enrollment agreement to the Registrar. No refund will be issued unless the student¡¯s account has credit balance. The refund check will be given to the student or mailed within 30 days after the official withdrawal or dismissal.
Student Tuition Recory Fund(STRF) Policy
The Student Tuition Recovery Fund (STRF) was established by the Legislature to protect any California resident who attends a private postsecondary institution from losing money if you prepaid tuition and suffered a financial loss as a result of the school closing, failing to live up to its enrollment agreement, or refusing to pay a court judgment.
To be eligible for STRF, you must be a ¡°California resident¡± and reside in California
at the time the enrollment agreement is signed or when you receive lessons at a California mailing address from an approved institution offering correspondence instruction. Students who are temporarily residing in California for the sole purpose of pursuing an education, specifically those who hold student visas, are not considered a ¡°California resident.¡±
To qualify for STRFf reimbursement you must file a STRFf application within one year of receiving notice from the Bureau that the school is closed. If you do not receive notice from the Bureau, you have 4 years from the date of closure to file a STRFf application. If a judgment is obtained you must file a STRFf application within two years of the final judgment.
It is important that you keep copies of the enrollment agreement, financial aid papers, receipts or any other information that documents the monies paid to the school. Questions regarding the STRFf may be directed to the Bureau for Private Postsecondary and Vocational Eeducation, 1625 Nnorth Market Boulevard, Ssuite Ss-202 Ssacramento, CA 95834-1924 Telephone: (916) 574-7720
Scholarship Opportunities
Money received from scholarship sources does not have to be repaid. At CalUMS there are scholarships available for entering students and limited scholarship sources available to students who are matriculated. To be considered for available scholarships, complete scholarship request form (along with all supporting documentation) must be received in the administrative officer by the appropriate deadline date.
President Scholarship Award
From time to time, the President awards scholarship in unspecified amounts to exceptional students whose performance in academics, involvement in student activities, and services to the University. The President presents the scholarships to the students during the quarterly Student Orientation for new students.
Academic Excellence Scholarship
CalUMS awards scholarship to one (1) student every quarter. The scholarships are awarded based on the following:
- Completed at least two (2) quarters of full-time study at the University
- Earned a cumulative quarter grade point average (CGPA) of 3.75 or higher.
- Involved in activities and/or services to fellow students, the University, and the student activities.
- Demonstrated a genuine need for financial assistance.
Prospective recipients are encouraged to submit an application to the appropriate Program Student Advisor by the finals week of the academic quarter. Scholarship Award Committee reviews and evaluates the applications. Appropriate Program Advisor will notify the student of the award by the first week of the following academic quarter. The Academic Dean presents the scholarship to the student during the quarterly Student Orientation for new students. Qualified students may not receive more than three (3) scholarships during his/her tenure at the University
Alumni Association Scholarship Award
From time to time, CalUMS alumni may donate scholarship funds for students. The Scholarship Award Committee reviews the criteria for awarding the scholarship. The President presents the scholarships to students the quarterly Student Orientation for new students.
Special Scholarship Award
From time to time, CalUMS may receive funds from anonymous donors to assist particular students financially. The Scholarship Award Committee reviews the criteria for awarding the scholarship, if the recipient is not designated by the donor. The President presents the scholarships to the designated students during the quarterly Student Orientation for new students.
Student Council Scholarship Award
From time to time, Student Councils may receive funds from anonymous donors to assist particular students financially. The Student Council, together with the Scholarship Award Committee, will designate the recipient for the awards. The Student Council President presents the scholarships to the designated students during the quarterly Student Orientation for new students.
