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Maharishi Universityof Management

Program Charges

University Charges for the Academic Year 2017–2018

PROGRAM DELIVERY TYPES

  • Day Schedule : Charges per semester, with courses at the rate of one credit per week, main campus
  • Evening Weekend (EW): Charges per semester with courses at less than one credit/ week, professor & student on site
  • Distance Education (DE): Charges per semester where professor and student separated at a distance
  • PhD: Semester Charges
  • Professionals Program: One time program charge, hybrid structure -DAY then DE
  • Non-Degree Guest Students: One course at a time
  • English as a Second Language training: per month

DAY PROGRAM TUITION CHARGE PER SEMESTER

The charges listed below are before scholarship is awarded.
Full Time (12 or more) $13,500
Half Time (6 to 11.75 credits) $ 6,750
Less than 6 credits per semester is $450 per credit with no institutional scholarship.
11 credits is 3/4 for Federal Pell Grant award only, no other usage.

HOUSING AND MEAL CHARGES PER SEMESTER

Full Meals Housing Vastu Dorm
Twelve or more weeks in a semester $2,000 $1,700 $900 additional
Six to eleven weeks in a semester $1,000 $  850 $450 additional

Less than six weeks in a semester is $210 per week for housing and meals. Housing charges must be accompanied by full meal charges. Meal charges are not available to students without housing charges (although students may buy discounted meal passes at the bookstore). Courses taken during winter and summer break cost extra (see below). All students who live on campus are required to pay full meals, which consists of three meals per day, six days per week, and two meals on Sunday. Single undergraduate students under 22 years of age are required to live in residence halls. Students with exceptional circumstances, such as living with parents in Fairfield, may petition Student Life for an exemption.

STUDENTS MOVING OFF CAMPUS DURING A SEMESTER

Students who move out of the residence halls after they have registered will not be eligible for a reduction in housing charges for that semester, except when charges must be reduced due to University Withdrawal.

TUITION PER SEMESTER FOR PhD AND EVENING WEEKEND AND DISTANCE EDUCATION PROGRAMS

Business Administration

  • Certificate Information Systems Management $450 per credit for all semester credits
  • Masters Evening Weekend and Distance Education $4,500
  • PhD Entry Level $7,230
  • PhD Candidate Level $4,000
  • PhD Researcher Level $2,000

Maharishi Vedic Science

  • Masters and Graduate Certificate $2,500
  • PhD Entry Level $8,230
  • PhD Candidate Level $4,000
  • PhD Researcher Level $2,000

Maharishi Ayur Veda and Integrated Medicine

  • Masters OnLine $2,500

MFA Screenwriting Low Residency $9,750 (residential fees included – not extra)

Above tuition rates are for full-time enrollment (six credits). Tuition for less than six credits is $450 per credit. Student budget for loan eligibility and enrollment reporting is half-time for 4 to 5.75 credits, and 1/4 time for less than 4 credits. Work or practicum credit is included, based on credits issued. PhD charges per semester are not reduced for partial enrollment.

ENROLLMENT THAT MIXES COURSES FROM DIFFERENT PROGRAMS or PROGRAM TRACKS

Degree Program (UG, Masters, PhD) Enrollment may be only one degree program per term. A student may include courses from a different program level with appropriate approvals. For example, if an UG or PhD student adds a Master’s level courses in a term, the designated degree program for the term always remains the UG or PhD program, no matter how many Master’s course credits are taken that semester.

Program Tracks (DAY, EW, DE) Day courses have a different rate of tuition and a different enrollment status definition than DE or EW tracks. Students may be enrolled for only one designated program track per semester. When a student’s semester class schedule mixes courses from two program tracks in one semester, the greater number of credits determines the designated program track for that semester, which then determines the tuition and enrollment status for the semester under that designated program track. If the number of credits is equal, for example courses with four DAY credits and four DE credits, the designated program track is the program track from the prior semester (if the prior semester program track was DAY program, the designated program track in the new semester is also DAY program and all 8 credits are billed at the DAY rate with DAY program track half-time enrollment status.)

TERMS and INTERSESSIONS

Professional Programs have two six-month terms. Fall starts mid-June and ends mid-December; Spring stats mid-December and ends mid-June.

All Other Programs: The two standard semester terms are 18 weeks as defined on the published academic calendar. January Intersession is attached to spring semester. Summer term is self sufficient.

  • Summer Term 2017
    Credits are designated under the separate summer term for all purposes, including enrollment status, Satisfactory Academic Progress, and all other term based processes. Tuition is $450 per credit and is covered by scholarship (and grants if available) for DAY programs (EW and DE pay tuition). Housing and meals is $210 per week for on campus students while in class. Six credits are required for half time enrollment during the summer term.
  • January Session 2018
    Credits earned for courses starting after the Winter Holiday break are session credits added onto, and part of, the standard spring semester. Tuition/Housing/Meals is charged in the same way all credits are charged for spring semester enrollment as a whole.

NOTE: Center Invincibility Course students pay the additional course fee and full accommodation rate no matter when the course takes place.

CHARGES FOR PROFESSIONALS PROGRAMS

Computer Professionals Program
Accounting Professionals Program
Charges are per program, not per semester. Six credits per semester are required for full time status.

OTHER CHARGES

Student Fees: A Student Activities fee of $60, a Student Athletic Facilities fee of $40 a technology fee of $115 and a Health Clinic fee of $50 are charged per semester. Fees are not prorated for partial enrollment. Fees are not charged when enrollment is less than seven weeks in a semester, or if the entire semester is taken outside of Jefferson County.
Application Fees: All US citizens and Green Card holders are asked to submit, along with the online admissions application, a nonrefundable application processing fee of $25. International applicants are asked to submit a nonrefundable application processing fee of $50. Payment may be made by credit card or a bank draft.
International Students Health Insurance: International students are charged an estimated $1020 per semester for six months of required health insurance unless otherwise insured (proof of other insurance required within two weeks of initial semester registration). Health insurance is not prorated for partial enrollment, except for three-month increments (approximately $546) as long as no claims have been incurred. Insurance amounts listed on the Financial Aid Award Letter are estimated until the rates are finalized with the insurance provider.
Transcendental Meditation* Program Tuition: Undergraduate students and US graduate students will receive a scholarship from the David Lynch Foundation covering the tuition of the University’s Transcendental Meditation course. International graduate students will receive a loan for the $480 Transcendental Meditation course tuition. Prospective students who receive instruction in the Transcendental Meditation technique before enrollment, as part of their admissions process, may be eligible for a reimbursement of the cost of the instruction after they enroll at the University, from the David Lynch Foundation, through Admissions.
TM-Sidhi* Course: Students may receive four academic credits from MUM for the TM-Sidhi course taught by the Maharishi Foundation in coordination with MUM through a contractual agreement. The David Lynch Foundation has announced a scholarship to reduce the cost of the course from $2,500 to $1,250 for Maharishi University of Management students. An additional scholarship of $750, reducing the tuition to $500, is also available to students who meet specific criteria specified by the Maharishi Foundation. There is an additional cost of $950 for the final two weeks in residence.

ENROLLMENT STATUS AND GRADE LEVEL PROGRESSION

Students with federal aid have their enrollment status, academic program, length of program, and grade level reported monthly to the National Student Loan Data Service. For undergraduates, 32 credits is designated for grade level progression (33-64 credits is second year grade level).

OTHER ESTIMATED COSTS OF ATTENDANCE

Day Programs

Books, Equipment and Supplies — $1,000 per year
Personal Expenses and Transportation — $3,800 per year
Off Campus Housing and Meals — $7,400 per year

Evening Weekend and OnLine Programs

Book and Supplies — $200 to $500 per academic year
Personal Expenses and Transportation — $2,000 per year
Off Campus Housing and Meals — $6,000/yr

These other estimated costs of attendance are generally applicable to full time students. Half time student estimated costs are generally 50% of the amounts listed above.

PAYMENT

Semester payment is due by August 1 for fall semester and by January 15 for spring semester. Payment may also be made in four installments per semester for an additional $30 per semester. See the payment page.

PAYMENT PROCEDURE

Payment may be made by Visa, MasterCard, Discover, e-check from domestic accounts and peer-Transfer from foreign accounts. Go to the payment page.

OTHER POINTS REGARDING CHARGES

Students with a remaining balance due to the University should pay it before leaving the University. In case students are requested to withdraw from the University because of poor academic standing or disciplinary reasons, reductions in charges are the same as for other withdrawals from the University. An appeals process for review of specific situations is available by filing a Financial Review Board petition form, available at the Enrollment Center.

STUDY ABROAD AND COURSES DELIVERED BY OTHER INSTITUTIONS UNDER CONTRACTUAL AGREEMENT

U.S. Students in day programs eligible for federal aid will be assisted in obtaining federal aid to attend eligible study-abroad programs. Only $500 of University tuition will be charged when the other institution grants academic credit via approved transcript. University tuition (see first page) is charged for any other course taken away from Fairfield, including Internships, Fieldwork, Thesis, Projects, MVS Special Studies, and other studies, even when the source of coursework is not primarily taught by University faculty.

NON-DEGREE / GUEST STUDENTS

Special students who are not seeking a degree may take courses, upon application approval, at the rate of $450 per credit , with housing and meals for $210 per week (financial aid, including scholarship will not be available). A maximum of two courses (8 credits) can be transferred to a degree program. A student who withdraws after the first day of the course will be charged a minimum 50% of the course fee, and after 25% of the course, there is no refund.

INFORMATION FOR RECIPIENTS OF GRANTS

In the event that available state funds are insufficient to pay the full amount of each approved Iowa Tuition Grant, the Iowa College Student Aid Commission has the authority to administratively reduce the award. State awards may include Federal LEAP/GAP funds.

MILITARY DEPLOYMENT

Current students deployed during enrollment (or spouse of deployed service member with children) may have a refund of tuition and fees for the entire semester if they choose to eliminate all course credit and all enrollment for that semester. Or may elect to retain only earned credits paying with the tuition reduced to cover only those credits. Or optional to also include credits where the professor agrees to allow completion of the course at a later date.

UNIVERSITY SCHOLARSHIP

The University reserves the right to increase or decrease University Scholarship at any time, for any reason, for any individual. Such a change in scholarship level (up or down) may be reviewed by petition from the student.

NONDISCRIMINATION

Maharishi University of Management and its educational programs, and benefits are available to all people without distinction as to sex, age, race, religion, color, national or ethnic origin, handicap, veteran’s status, or sexual orientation. Institutions of higher education are required by law (Title VI and Title VII of the Civil Rights Act of 1963, Title IX of the Education Amendments of 1972, and the Americans with Disabilities Act of 1973, and the Americans with Disabilities Act of 1990) to provide this broad access to their educational programs and to serve society in a way that treats, with equal dignity, the diversity of individuals and groups which comprise our society. Inquiries concerning Title IX, Section 504, and the Americans with Disabilities Act should be directed to the General Counselor’s Office, Maharishi University of Management, Fairfield, Iowa, 52557, (641) 472-1175.

IMPORTANT NOTICE

In compliance with Iowa Code Annotated Title VII 3 261B, please see www.mum.edu for course titles, descriptions, academic policies, credit earned and degrees, as well as accreditation information, in combination with the charges and refund policies herein. Maharishi University of Management reserves the right to change, without prior notice, its charges and policies.

Information in this document is in accord with federal regulations as of June 1, 2017

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