Tuition and Fees

Master of Business Administration (MBA)

Tuition and fees are listed in U.S Dollars (USD).

*Required books and materials may be purchased through the student’s preferred third-party bookseller. RCU does not provide books and materials to students or operate a bookstore.

Payment Schedule:

• Tuition is due upon enrollment. Students may pay in full via credit card or Wise.
• Alternatively, the student may arrange an installment payment plan with RCU.
  • Payment plans are a separate contract executed by RCU and the Student.
  • Charges posted to the student’s account are due per the specified terms.

Truth in Lending Act (TILA)

Robert Cavelier University is not a Private Education Lender and complies with all Truth in Lending Act (TILA) Regulation Z disclosures.

No interest rate or fees are charged for entering into the course-by-course tuition payment plan. There are no prepayment penalties for making early payments or for paying off the balance of a payment plan before its due date.

Cancellation and Refund Policy

Students may cancel their enrollment at Robert Cavelier University at any time. A student’s notification of cancellation may be conveyed to the institution in any manner.

1. A student has five (5) calendar days after signing an enrollment agreement or similar contractual document to cancel enrollment and receive a full refund of all monies paid to the institution.
2. A student requesting cancellation more than five (5) calendar days after signing an enrollment agreement, but before beginning a course or program, is entitled to a refund of all monies paid.
3. Upon cancellation, a student whose costs for education are paid in full, but not eligible for a refund, is entitled to receive all materials including kits and equipment.

Tuition will be refunded per the table below. Tuition for courses that have not been started will be refunded in full. There is no tuition refund for courses and/or terms that have been completed.

Any refund due to a student will be paid in full within 30 days.

Refund Calculation Example

The refund amount for a student (who paid the tuition of $324 @ $162 per course, 2 courses per term) withdraws from all courses of the MBA program during the 3rd week of the term, the student would be eligible to receive a 40% refund of the term’s tuition. In this situation, the following calculation will apply: 

Refunds on books and materials are subject to the terms of the retailer from which they were purchased (ex: Amazon). The student refund amount is applied to any balance on the student’s account. Any and all money due to the student is refunded to the student within 30 days after the withdrawal.