Tuition, Fee Schedule and Related Policies

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.

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10.3 Late Fees

Virscend University assesses a one-time late payment fee of $50 each time a tuition payment is submitted past its designated due date.

 

Students who are enrolled in a tuition payment plan must make each installment on time. Each late installment payment will result in a separate $50 late fee. Additionally, students who fail to establish a payment plan or make arrangements to pay their tuition in full for the semester with a university administrator by the published payment deadline will also be assessed a $50 late fee.

 

Failure to meet financial obligations with the university may result in additional administrative consequences. Students with outstanding balances will not be allowed to register for courses in the next semester until the balance is paid in full. Furthermore, students with unpaid tuition may not be issued grades for the current semester until financial obligations are resolved.

 

Students are strongly encouraged to communicate with the administration ahead of payment deadlines to avoid late fees and interruptions to their academic progress. Students on payment plans will receive regular reminders from a university administrator regarding upcoming or missed payments; however, it is the student’s responsibility to proactively notify the administrator of any issues or delays. Failure to do so may result in additional late fees and holds on academic records.

 

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.

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10.5 Student Enrollment Deposit

All students are required to pay a $200 deposit prior to enrolling. This $200 deposit will be applied towards the student’s first tuition payment. The Student Enrollment Deposit is non-refundable.

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10.6 Student’s Rights To Cancel Policy

The student has the right to cancel the enrollment agreement and obtain a refund of charges paid through attendance at the first class session or the seventh day after enrollment, whichever is later. In such a case, Virscend University shall refund 100 percent of the amount paid for institutional charges, less a fee of fifty dollars ($50 application fee) or two hundred fifty dollars ($50 application fee + $200 deposit). 
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

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10.7 Refund Policy and Procedure

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.

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Refund Procedure 

• 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.edu/student-resources-and-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 2025 = Aug. 25 and Spring 2026 = Jan. 12) to the date of your withdrawal.

  • Divide the number of days by the number of days in the semester (Fall 2025 = 117 days and Spring 2026 =117 days) and multiply it by the cost of a single unit for your program (MBA $800 / BS $600). Then multiple by the total number of units dropped. 

  • Subtract prorated fee from actual fees paid. This will be your approximate refund for your total units dropped. 

  • After 60% of classes are attended, there will be no refund available. 

  • Example:

    • Chris withdraws from all his Spring MBA classes (9 units) on the 10th day of the semester.

    • (10/117 x $800.00) x 9 units = $615.38

    • $7,200.00 - $615.38 = $6,584.63 refund

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10.8 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. 

Virscend University Refund Tables

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10.9 International Student Fees

10.9.1 Rebooking Fee

If an international student needs to defer their admission start date from what is on their original form I-20, they will be required to pay a rebooking fee. Once the rebooking fee is paid, the university DSO will defer the student’s admission, update and provide a new copy of the student’s form I-20. The Rebooking Fee is non-refundable. Please contact the University’s DSO for more information.

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10.9.2 F-2 Processing Fee

If an international student wishes to add an F-2 dependent, either a spouse or child, to their form I-20, an additional fee is required per dependent. The F-2 Processing Fee and each dependents’ passport must be submitted to the DSO prior to receiving your form I-20. The F-2 Processing fee is non-refundable. Please contact the University’s DSO for more information.