In This Section:
Tuition & Financial Aid
The Application fee of $50 (US) is due upon application (see Entrance Requirements). There is also a graduation fee of $225 ( US) payable in the semester of graduation. A student ID card is provided each Services MBA student upon completion of enrollment. Textbooks, incidental supplies and computer -related items are personal expense items of the student.
There are three payment plans. The plan selected is arranged with the university's business office in Memorial Hall at the time of registration.
- Payment in full: A personal check, money order or credit card (American Express®, MasterCard®, or Visa®) may be used.
- Monthly payments: A monthly payment plan via a contract with FACTS Management Services is available.
- Deferred payment: Deferred payment is available by signing a Third Party Promissory Note. This plan is designed only for a person whose employer will pay some portion of tuition but requires a semester grade report. A memorandum of reimbursement on company letterhead stationery is required from the student's employer at the time of registration.
Financial aid is available through the Federal Direct Stafford Loan program. A qualifying student may obtain a Federal Stafford Loan through the U.S. Department of Education. The student must complete the Free Application for Federal Student Aid (FAFSA) and receive a student aid report.
The process begins in the university's office of Student Financial Services. The student must not be in default at Cumberland University or any other institution, must take (enroll in) at least six (6) semester hours of study, and must be fully accepted in the MBA Program.