There are separate payment plans for MABC-Resident students and for MABC-SIP students. Payments may be made by personal check or by credit card.
MABC - Resident Program Payment Options
Payment in Full. All tuition and course fees are due July 10th for the Fall and December 10th for the Spring semesters. If payments are received after the respective dates a $25 late payment fee will be added. All Post Session and Winterim charges are due at the time of registration for the courses. For the regular semesters, the following option is also available at a fee for $75 per semester in lieu of making payment in full.
5-Month Plan. The semester cost of tuition will be divided into five (5) monthly payments. Payments begin July 10 prior to the Fall semester and December 10 prior to the Spring semester. Students must select the 5 month payment plan on their semester registration form. A $75 per semester fee will apply for this plan, although no interest will be charged. A $25 late fee for payments not received within a 5-day grace period may also apply.
Refund Policy
Refunds are based upon the week that the official withdrawal form, signed by the Registrar and the appropriate dean, is presented to the Accounting Office, and not on the time a student ceases to attend classes. A student withdrawing from school with neither consultation nor consent of an appropriate administrator shall not be entitled to any refund. The percentage of tuition refunded is based on actual tuition cost charged to the student's account.
Percentage of Tuition Refunded
No attendance and during first week 100%
During second week 90%
During third week 75%
During fourth week 60%
During fifth week 45%
During sixth week 30%
During seventh week 15%
During eighth week 5%
Ninth week and later none.
Fees. Course and lab fees are fully refundable if the student drops the course during the first two weeks of class following registration. These fees are not refundable after this point.
MABC - Summer Institute Program Payment Options
Payment in Full. Tuition charges, textbook charges, and the housing and meal plan charges are due when the registration forms are mailed in. However, the student does have the option to choose the 50/50 payment plan.
50/50 Payment Plan. The 50/50 payment plan allows payment of only 50% of the tuition charges, housing and meal plan charges at the time of registration. The remaining 50% of charges will be paid at the time of on-campus check-in. There is a $75 Payment Plan Fee for using this option. The calculation of these charges are arranged on the MABC-SIP Registration Form. All general and academic fees must be paid in full with the first payment and are not deferrable to the payment plan.
Independent Studies format course tuition and book order costs must be paid for in full at the time of registration.
Refund Policy
The $75 payment plan fee (if applicable) is non-refundable. Tuition costs are 90% refundable if students withdraw before May 15, 2009. Withdrawal after May 15 but before SIP classes are insession will result in a 50% refund. 0% will be refunded if students withdrawal during or after SIP classes are in-session.
Independent Study courses are non-refundable. If a student registers for an Independent Study
course and drops it at any time, 0% will be refunded.
Housing and meals are 100% refundable if cancelled before June 1, 2009. After the 1st of June
housing and meals are non refundable (0%).