Tuition, Fee Schedule and Related Policies
10.1 Tuition for BS & MBA programs (2023-2024 Academic Year)
10.2 Standard Fees
Please note that all fees on this page are only for the current catalog year and may change in the future. All fees are reviewed annually and may be subject to increase.
Charges: Tuition & Fees
All fees are subject to change from time to time, without notice.
Bachelor of Arts Business Administration
ESTIMATED TOTAL CHARGES FOR THE ENTIRE EDUCATIONAL PROGRAM $39,480
Masters of Arts Business Administration (MBA)
ESTIMATED TOTAL CHARGES FOR THE ENTIRE EDUCATIONAL PROGRAM $27,080
10.3 Additional Fees
Students should be prepared to meet additional costs of their degree program. These can include travel, accommodations, food, textbooks, learning guides, course readers, conference call charges, dissertation editors, computer software and hardware, courses at other institutions, commercial database searches, professional meetings, conferences, and workshops. Learning consultants or other editors are the sole responsibility of the students using their services.
10.4 Application Fee Policy
All application fees are non-refundable. An application fee is required with every application. If an applicant is unable to fully complete the application form for the intended semester, he or she can request that the application review be extended until the next semester. Such a one-time, one-semester extension of application review will incur no additional application fee. If an applicant is rejected, the file will be closed by the Admissions Office and the applicant will be required to complete a new application and submit a new application fee if he or she still wishes to pursue an education at Virscend University.
10.5 Student’s Rights To Cancel Policy
The student has the right to cancel the enrollment agreement and obtain a refund on tuition if it is requested on the first-class session, or the seventh day after enrollment, whichever is later. In such a case, the institution shall refund 100 percent of the amount paid for institutional charges, less a reasonable deposit or application fee not to exceed two hundred fifty dollars ($250). NOTE: If the student has received federal student financial aid funds, the student is entitled to a refund of monies not paid from federal student financial aid program funds.
A notice of cancellation shall be in writing, and a withdrawal may be effectuated by the student's written notice to the school’s Admissions Office, 16490 Bake Pkwy, suite 100, Irvine, CA 92618 or by the student's conduct, including, but not necessarily limited to, a student's lack of attendance.
In addition, the school may withdraw a student from a course, if within the first two weeks of class the student has not reported to class nor communicated his intent to the instructor and admission office.
10.6 Refund Policy
A pro rata refund pursuant to section 94910(c) or 94920(d) or 94927 of the BPPE code shall be applied to students who have completed 60% of the clock hours of instruction in any given period of attendance. The amount refunded will be the total amount paid by the student for the academic semester minus the portion of the educational program that was provided. The calculation is as follows:
(1) The amount owed equals the daily charge for the course (total institutional charge, divided by the number of days in the semester), multiplied by the number of days since the semester started. After 60% of the semester has been completed, there will be no refund available.
(2) Except as provided for in subdivision (a)(3) of this section, all amounts paid by the student in excess of what is owed as calculated in subdivision (a)(1) shall be refunded.
(3) Except as provided herein, all amounts that the student has paid shall be subject to refund unless the enrollment agreement and the refund policy outlined in the catalog specify amounts paid for an application fee or deposit not more than $250.00, books, supplies, or equipment, and specify whether and under what circumstances those amounts are non-refundable. Except when an institution provides a 100% refund pursuant to section 94919(d) or section 94920(b) of the Code, any assessment paid pursuant to section 94923 of the Code is non-refundable.
(4) For purposes of determining a refund under the Act and this section, a student shall be considered to have withdrawn from an educational program when he or she withdraws or is deemed withdrawn in accordance with the withdrawal policy stated in its catalog.
Any questions a student may have regarding this catalog that have not been satisfactorily answered by the institution may be directed to the Bureau for Private Postsecondary Education at 1747 N. Market Blvd #225 Sacramento, CA 95834, P.O. Box 980818, West Sacramento, CA 95798-0818, www.bppe.ca.gov, (888) 370-7589 or (916) 574-8900 or by fax (916) 263-1897. A student or any member of the public may file a complaint about this institution with the Bureau for Private Postsecondary Education by calling toll free (888) 370-7589 toll free or by completing a complaint form, which can be obtained on the Bureau's Internet web site www.bppe.ca.gov.
In the event that the student wishes to withdraw from a course, the student must fill out and submit an Add/Drop Form on the Virscend University website at https://www.virscend.com/student-forms/. The consent of the instructor is required if the request is past the first 2 weeks of the course. If the instructor does not provide consent within 2 business days after the form is submitted, the instructor is deemed to have consented. If instructor consent is not required, the date on which the form is submitted will be the withdrawal date. If instructor consent is required, the date on which the instructor provides consent (or is deemed to provide consent) will be the withdrawal date. The student will then be directed to the Office of Financial Services where the student will obtain a refund, in accordance with the refund policy and a receipt.
How to Calculate Prorated Refund:
Count the number of days from the first day of the semester (Fall 2023 = Aug. 28 and Spring 2024 = Jan. 8) to the date of your withdrawal.
Divide the number of days by number of days in the semester (Fall = 117 days and Spring 2024 =114 days) and multiply it by the cost of a single course to get your prorated fee.
Subtract prorated fee from actual fees paid. This will be your approximate refund for one course.
Chris withdraws from all his Spring MBA classes on the 10th day of the semester.
10/110 x $2,400.00 = $205.13
$2,400.00 - $205.13 = $2,194.87 refund
10.7 Tuition Refund Schedule for MBA and BS
The refund schedule for MBA and BS programs can be found through the link below to our website.