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Cost & 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 cover less than half of the total operating expenses of the University.

The balance of operating expenses is covered by contributions from individuals, corporations and foundations, as well as endowment income, investment income, and University clinic revenue.

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

How do I Apply for Financial Aid? What are the Deadlines?

Students can file a FAFSA form starting in October using MBKU Title IV Code Numbers for FAFSA: 001230. Once a student is admitted to the program, the form will be reviewed to determine financial aid eligibility that can be awarded to an MBKU student. The office of Financial Aid will contact the admitted student with their award letter and next steps to secure funding.

Students will use the SCCO Standard Budget minus your expected family contribution and all outside resources, to estimate their calculated "need." This budget includes tuition, fees, books, and supplies, plus a modest budget for living expenses. 

Sources of Financial Aid

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

Loan Program Percent Receiving Average Amount
HPSL 25% $4,950
Direct Unsubsidized 77% $39,396
Graduate PLUS 20% $10, 229

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, New Mexico, 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. 

Cost of Attending SCCO

Fee Cost
Annual Tuition $45,940
Annual Student Association Fee $165
Parking Fee (optional) $225/ 9 months or $300/ 12 months  

    For a detailed breakdown of the estimated Cost of Attendance for each year, see the SCCO Standard Student Budget.

    Other Costs by Year

    Estimate cost for books, instruments, equipment, supplies, and clinic uniforms for each of the four professional years include:

    Expenses Cost
    First Year $2,766
    Second Year $2,667
    Third Year $3,425

    Additional Fees

    Fee Cost
    Secondary Application Fee1  $75
    Matriculation Fee2 $1,500
    Graduation Fee $175
    Late Payment of Tuition Fee $50
    Audit Per Unit $100

    1 Payable with the application
    2 Paid upon acceptance and credited to Fall Quarter tuition upon enrollment

    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 the Financial Aid Office

    For further assistance, please email or call us at 714.449.7448.

    Mailing address:
    Marshall B. Ketchum University
    Attn: SCCO Financial Aid Office
    2575 Yorba Linda Blvd.
    Fullerton, CA 92831-1615