Tuition & Financial Aid

Overview of SCCO Financial Aid

Marshall B. Ketchum University is a private, non-profit, independent, educational institution that does not seek, nor receive any direct government funding for its operations. Tuition and fees, however, cover less than half of the total operating expenses of the University. The balance of operating expenses are covered by contributions from individuals, corporations and foundations, as well as endowment income, investment income, and income derived from University clinics.

The Office of Financial Aid provides financial services and advice that will help our students best meet the educational expenses necessary to achieve their career goal of becoming outstanding optometrists

For detailed information on the financial aid available at MBKU, download a PDF of the MBKU Financial Aid Booklet.

How Financial Need is Determined

When you apply for financial aid, your FAFSA form is analyzed, along with supporting data you have submitted to determine the amount you and your family could contribute toward your educational expenses. Factors taken into consideration include income, number of family members, number of family members in college, and assets.

The MBKU Standard Budget includes tuition, fees, books, and supplies, plus a modest budget for living expenses. This budget, minus your expected family contribution and all outside resources, will equal your calculated "need."

Most of the financial aid available is in the form of loans. The following chart shows the percentage of students receiving funds from the major loan programs, and the average award amount.

Loan Program

Percent Receiving

Average Amount

Perkins 69% $2,250
HPSL 24% $6,300
Direct Unsubsidized 72% $36,972

How to Apply and Deadline Dates

Financial aid forms are available in February with a late April deadline date to submit forms.

MBKU requires only student data on the FAFSA form. You should use actual income tax data, not estimated. You can go to the website at www.fafsa.ed.gov to file your FAFSA electronically or obtain a PIN number or FSA ID.

MBKU Code Numbers:

  • Title IV Code for FAFSA - 001230
  • CSS Profile Code - 4392

WICHE and Contract Students

The University is a participant in the Western Interstate Commission for Higher Education (WICHE) Student Exchange Program. Applicants from the participating states (Alaska, Arizona, Colorado, Hawaii, Montana, Nevada, North Dakota, Utah, and Wyoming), are encouraged to contact the Certifying Officer in their home state for information on applying for certification. In most cases, the deadline for certification application is October 15, of the year preceding admission; however, some state deadlines and requirements may vary. For more information or questions, email .(JavaScript must be enabled to view this email address).

Students certified and funded by a state contract will pay the regular tuition less the amount of the actual contract.

Certified WICHE students admitted to MBKU are expected to comply fully with all of the requirements of the state providing his/her contractual support. If a student decides not to adhere to all of his/her state's contractual requirements in effect at the time of admittance, then the student becomes liable for all normal tuition charges. Should a state legislature discontinue or modify the terms of a contract or their state's participation in the WICHE program, the University will hold the student responsible for the cost of his/her education, equivalent to the charges paid by other students. For more information about WICHE, visit their website.

WICHE students obtaining military or other federal scholarships are required to reimburse WICHE.
 

MBKU is a private, non-profit, independent, educational institution that does not seek, nor receive any direct government funding for its operations. Tuition and fees, however, cover less than half of the total operating expenses of the University. The balance of operating expenses are covered by contributions from individuals, alumni, corporations and foundations, as well as endowment income, investment income, and income derived from University clinics.

Cost of Attendance

The estimated total cost for four years of optometric education, including living costs = $209,614.

For a detailed breakdown of the Cost of Attendance for each year, see our MBKU Standard Budget.

Overview of Annual Costs

Amount

Annual Tuition $41,236
Annual Student Association Fee $150
Parking Fee
  • Primary Lot A
  • Primary Lots B or D 

 

$60/Qtr
$40/Qtr

Estimates for books, instruments, equipment, supplies, and clinic uniforms 
for each of the four professional years are listed below:
  • First Year
  • Second Year
  • Third Year

 

$3,751
$5,890
$550

Additional Fees

Amount

Secondary Application Fee / OD Program
(payable with application)
$75
Matriculation Fee / OD Program
(paid upon acceptance and credited to Fall Quarter tuition upon enrollment)
$1,500
Diploma/Graduation Fee $150
Late Payment of Tuition Fee $50
Transcripts $20
Verification of Graduation / OD Program $20
Audit per unit  $100
Tuition per unit $1,100
Evaluation of transcripts in special cases
(advanced standing OD Program)
$350

While the occasion has not previously presented itself, the Board of Trustees of Marshall B. Ketchum University does reserve the right to change the tuition and fees or to establish additional fees for special features or services if deemed necessary.
 

Contact Financial Aid

Financial Aid Staff: .(JavaScript must be enabled to view this email address)
 
Office Hours: Monday-Friday 8:00 a.m. to 5:00 p.m.
 
MBKU Code Numbers:   Title IV Code for FAFSA - 001230
CSS Profile Code - 4392
 
Address: Marshall B. Ketchum University
ATTN: Financial Aid Office
2575 Yorba Linda Blvd.
Fullerton, CA 92831-1615