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 FinancialAid@ketchum.edu 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