2009-2010 KCUMB College Catalog - Kansas City University of ...

satisfactory academic progress will be required to withdraw from the M.B.A. portion of
the program.
The curriculum is divided into three segments and corresponds to the three time
phases of the M.B.A. program. One-third of the total tuition is allocated to each phase of
program. Tuition is due and payable before the initiation of each segment.
The official start dates for each segment will be:
Segment 1 June 1 for first-year students
Segment 2 June 1 for second-year students
Segment 3 September 1 for third-year students
The tuition refund and/or tuition discount, whichever is applicable, shall be prorated
as follows:
• A 50 percent refund will be allowed if a student withdraws prior to the
conclusion of the second week of instruction of a segment. No refunds are
awarded following the second week of instruction in any segment.
• Students are charged for only segments in which they enroll.
Enrollment/completion of one segment does not require enrollment and
payment of subsequent segments. Students are not charged for segments
offered in the future following withdrawal from the program.
• No tuition refund will be allowed for any completed segment following
withdrawal or dismissal from the program.
• No tuition refund will be allowed for any student who is dismissed from the
program for any reason including academic, personal or behavioral situations.
• A request for tuition refund must be made in writing to the KCUMB Finance
Office, and be accompanied by a dated withdrawal letter from the program
indicating acknowledgement by both the KCUMB Vice President for Student
Affairs and the Rockhurst M.B.A. Program Director.
Student Financial Aid
Education is very expensive. A student may be forced to live at a very modest level
while completing their education to minimize their expenses to match their financial aid.
The primary obligation for financing a student’s education lies with the student and the
student’s family. Need-based financial assistance is available, but is highly competitive.
The federal and private agencies, which make funds available for borrowing, do so with
the understanding that a student must sacrifice in order to achieve his/her educational
goals.
Upon acceptance to KCUMB, a student who needs financial assistance must complete
a Free Application for Federal Student Aid (FAFSA). An application can be made online at
www.fafsa.ed.gov. This information allows the Financial Aid office staff to determine the
degree and amount of need-based financial assistance, loan amounts and scholarship
awards for which a student is eligible.
Financial aid, as awarded or borrowed under federal or private programs, cannot
exceed the KCUMB standardized budget and must be used to offset the cost of the
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