Financial Information

Schedule of Current Charges

All tuition and fees are mandatory and are subject to change without prior notice.

General Schedule

Refund Policy

Tuition refunds are made for withdrawal from a course when notification of cancellation is filed with the registrar. Students may withdraw from a course and receive a full refund anytime prior to the beginning of the course or during the first two weeks. The date that the official Add/Drop form is received determines the date of withdrawal. Failure to attend class is not regarded as withdrawal.

The following refund schedule is used for dropping courses and/or withdrawal from World Mission University.

Fall/Spring Semester

    100% refund until Thursday, 2nd week of classes
    Fraction each week thereafter
    No refund of tuition after week nine.
    Fees are not refundable.

Winter/Summer Sessions

100% refund is available until the second class. After the second class session no refunds are available. For Winter and Summer sessions, one day equals one week in a semester.

Payment Schedule

All tuition and fees are due at registration. Full-time students who are financially unable to pay all tuition and fees at registration may be allowed to pay by installment as follows:

For new students:

    1/2 tuition plus all fees at registration
    1/4 tuition by the end of the 4th week
    1/4 tuition by the end of the 8th week

All New F-1 international students must pay their tuition in full at the time of registration.

For continuing students:

    1/3 tuition plus all fees at registration
    1/3 tuition by the end of the 4th week
    1/3 tuition by the end of the 8th week

Students will not be permitted to register for a new semester unless all financial obligations of prior semesters at the school have been settled.

If a student fails to pay the remaining balance by end of the 8th week, 3% interest will be charged each month until the student has paid the balance in full.

Financial Assistance

WMU offers financial aid and a variety of institutional scholarships semi-annually to both incoming and current students for the purpose of achieving better quality of education. The conditions for receiving this assistance differ with each scholarship. Applicants may obtain information and applications by writing to or visiting the office of Student Financial Aid. The preferences for awarding institutional scholarships are based on the following:

    1. Leadership potentiality
    2. Academic excellence
    3. Need
    4. Graduate status
    5. International student status
    6. Full time student status
    7. Student Couples when both are enrolled

Scholarships

Students cannot be awarded more than one scholarship per semester except in the case of students who receive Federal Work Study. Scholarships are awarded at the beginning of each semester and recipients will receive the credit for the amount of the scholarship toward their tuition. The total scholarship cannot exceed the tuition that the student should pay.

Joo Eun Scholarship

This scholarship established in memory of Jin Bong Kim and is awarded to a student who wants to be involved in missions work. To qualify the student must have completed 24 credits of study with a G.P.A. of 3.5 or higher. The recipient’s tuition will be entirely waived until the student finishes his or her program. To qualify for this scholarship, a student must show financial need and maintain a G.P.A. of 3.0 or above for each semester.

Overseas Mission Scholarship

This scholarship is awarded to those students who come from other countries to study with the purpose of being trained at World Mission University to be pastors, teachers, or missionaries. The amount of this scholarship shall be decided by the Scholarship Committee as to whether it is a full or partial scholarship.

Student Couple Scholarship

The student couple scholarship is awarded to one member of the student couple when both are registered as full-time students. A 50% tuition discount is given to the lesser or the two student’s tuition for the specific semester.

Scholarship Applications

All applicants for scholarships must attain a 2.5 GPA or higher in the previous semester. Students desiring to receive financial assistance must submit a scholarship application at the time of registration each semester. The application is supplied at registration or can be obtained at the administrative office.

Scholarship Committee

The Scholarship Committee has the task of screening the awarding of scholarships, fund-raising, and managing scholarship funds. It is organized as follows: President (Chair), Chief Academic Officer, Dean of Students, CFO and Financial Aid Officer. The Scholarship Committee of the school ordinarily meets once each semester.

Student Tuition Recovery Fund

California law requires that, upon enrollment, fees be assessed in relation to the cost of tuition (Education Code Section 94343). These fees support the Student Tuition Recovery Fund (STRF), a special fund established by the California Legislature to reimburse those students who might otherwise experience financial loss as a result of an untimely school closure. Students may be reimbursed by STRF only for the prepaid, but unused tuition. Institutional participation is mandatory. It is important that enrollees keep a copy of any enrollment agreement, contract, or application in order to document enrollment; tuition receipts or canceled checks in order to document the total amount of tuition paid; and records which show the percentage of the course which has been completed. Such records substantiating a claim for reimbursement from the STRF, which to be considered, must be filed within one year following a school’s closure. For further information or instructions, contact:

Bureau for Private Postsecondary Education

1027 10th Street, 4th Floor
Sacramento, CA 95814
Tel. (916) 455-3427 Fax. (916) 323-6571