Financial Issues

a. Any additional time on campus will be calculated at $840 per month for room and board or $210 per week. If a student does not learn the Transcendental Meditation program before arriving on campus from a qualified instructor (who submits an Application Supplement approved by the MSCS Office of Admissions verifying the student’s participation), the student will be charged an additional $190 fee for instruction in the Transcendental Meditation technique at Maharishi International University. This $190 fee will be added to the amount of the deposit which the student makes when starting the program.

b. Withdrawals Withdrawal Fee for Students Enrolled Beginning April 2018 Students who withdraw or are dismissed from the Program will be responsible for Program Costs incurred to the date of withdrawal as follows:

  • Minimum withdrawal charge is $1,500.
  • 0-2 weeks withdrawal fee is $1,500 which covers all expenses for the first two weeks, but is also charged even if the student does not register or attend any classes at MUM.
  • Tuition for more than 2 weeks on campus is $1,800 per 4-unit course.
  • Housing/Meals for more than 2 weeks on campus is $840 per month.
  • Fees: $215 from 6 weeks to five months, $430 for more than 5 months.
  • TM tuition is $190.
  • Health insurance charges of $212 per month or portion thereof.

Students who withdraw from the program after starting courses totaling more than 34 units will not receive any reduction in program costs. The number of units charged includes practicum units. If a student begins practicum, then this is treated as one course worth 4 units.

In the event that the student signed for a bank loan and a balance on the loan is outstanding at the time of withdrawal from the Program, then MUM will be required to pay the remaining bank loan amount and those charges are then added to the student accounts charges. Any applicable tuition refund will be applied against the student’s outstanding charges. If there is any remaining balance due, then the student would be required to pay that directly to MUM. If the student does not make adequate, monthly payments to MUM, then these charges will be sent to a Collection agent. If there is a refund due, then MUM will send a check to the student.

c. Living Costs and Tax Responsibilities The student will be responsible for all costs associated with off-campus practicum employment, including housing, food, utilities, telephone, travel, transportation, medical costs (exceeding those medical costs directly covered by the University’s health insurance), and all other living and personal expenses.Students enrolled in the Program may have tax liabilities for cash advances, on-campus housing and meals, and all other University-provided awards and benefits. Students will assume responsibility for payment of all taxes assessed according to federal and state tax laws.

d. Health Insurance All Compro students entering the program on or after May 2015 are eligible to stay on MUM’s health insurance policy and will be covered, at no additional cost, for the first 8 months they are enrolled in the Computer Science Program on F-1 status. After 8 months, you either need to pay for MUM insurance, have insurance through your employer, or have private coverage. The amount is determined and changes each year. If a student receives health insurance from his CPT company before the 8 months deadline, there is no refund from MUM for health insurance costs.