Tuition & Fees

For Undergraduate Students

College students at MCS may study full-time or part-time through a variety of course delivery methods: one week modular courses, online courses (live streaming), and distance education courses. The tuition rates are in Canadian funds. All fees are subject to change.

On-Site, Online, and Directed Study Courses

$690.00/per 3-credit course

Plus Fees

Audit

$100/per course

Our Digital Theological Library offers students unparalleled access to online resources for their research needs. To offset the costs of this library access, all students pay a Digital Library Fee.

*While students have the benefit of accessing their textbooks online through the Digital Theological Library, they will not have access to the Digital Theological Library upon graduation. Therefore, we encourage students to purchase select textbooks to build their personal library.

Payment Options

E-Transfer

Sign into your online banking account and send an e-Transfer to finance@mcs.edu.

Please include your name and “Tuition payment” in the Note.

Direct Bank Payment

From your bank account (CIBC, Scotiabank, Royal Bank or TD Canada Trust), add Master’s College and Seminary as a payee to your bills list. Use your student ID number as the account number. TIP: Online payments may take up to 72 hours or more to process, so please allow sufficient time for bank processing to avoid late penalties.

Pay In Person

Visit the campus finance office and we are able to process your payment using your debit card, a cheque, money order, or bank draft. You can also submit a Pre-Authorized Debit agreement (PAD) to the Finance Office along with the required banking information (a void cheque or pre-authorized payment form from your bank), and we will automatically withdraw payment from your bank account. Please note – we do not accept credit cards.

Payment Policy

All tuition and fees are due and payable one week prior to the start of courses for each semester. Methods of payment include direct bank payment, e-transfer, debit, cheque, money order, bank draft, or pre-authorized debit (PAD). Interest of 2% monthly is applied to outstanding balances.

Students who have paid in full or who establish and consistently maintain their payment plan throughout the year shall be eligible to receive scholarships or awards.

Payment Plan

Students who are unable to pay in full at the beginning of a semester may choose our payment plan option for an additional fee of $75, provided they are taking at least 9 credit hours (three courses). See table right.

Penalties for Outstanding Accounts

Students with unpaid accounts at the College are:

  • Charged interest at the rate of 2% monthly on outstanding balances
  • Unable to receive marks or transcripts.
  • Ineligible for scholarships and awards.
  • Unable to finalize registration for another semester.
  • Unable to receive certificates, diplomas or degrees.
  • At risk of dismissal from the college.

Refund Policy

Fees are non-refundable. A full tuition refund is available prior to the start of class only.

Module refunds:
By end of 1st day: 80%
By end of 2nd day: 50%
After 2nd day: 0

6-week term refunds:
By end of 1st week: 80%
By end of 2nd week: 50%
After 2nd week: 0

Semester Refunds:
By end of 2nd week: 80%
By end of 3rd week: 50%
After 3rd week: 0

Professional Discounts

Credential Holders of PAOC, PAONL and their Dependents (10%)

10% discount on regular tuition for credential holders in active ministry of the PAOC or PAONL and their dependents. A photocopy of the credential must be submitted.

Global Worker Dependent (25%)


25% discount on regular tuition for active global worker dependents.

Family Tuition Discount (10% per Sibling)

10% discount on regular tuition for families with more than one full-time dependent student enrolled full-time in a program.

Spouse and Dependent of Full-time Students (50%)


50% discount on regular tuition for the spouse and dependents of full-time students.

55+ Student Tuition Discount (40%)

40% discount on regular tuition for students 55+ years of age. Confirmation (e.g., birth certificate, driver’s license) must be submitted to the Registrar’s Office to qualify.

Alumni Advantage

  • One (1) complimentary audit annually per alum (online access based on availability).
  • 10% discount on regular tuition for any family of alumni (must identify relationship upon registration).

NOTES:
Discounts cannot be combined.
Dependents are defined as unmarried and under the age of 26.
A full-time student is defined as taking 12+ credit hours per semester.

Scholarships & Awards

Every year during a special awards chapel in the Fall and Winter semesters and at grad, Master’s students are presented with awards and scholarships made possible through the generosity of individual donors and churches.

Entrance Scholarships & Awards

All students who apply to a Certificate, Diploma or Degree program by submitting the Regular Application Form, with all required documents (i.e., three Reference Forms, Transcripts), will be considered for applicable Entrance Scholarships, providing they meet the deadlines indicated.

Deadlines for Consideration

All Students: June 30th for the Fall semester and September 30th for the Winter semester.

External Scholarship Opportunities

Awarded by denominational partners or organizations that are separate from MCS.

This annual scholarship program is open to Black Canadian citizens or permanent residents who are enrolled or are planning to enroll in a full-time undergraduate or graduate program at a Canadian college or university. Applicants must demonstrate academic excellence, financial need, and community involvement.

The BBPA NSP offers several scholarships ranging from $1,000 to $7,000. In addition to financial support, the BBPA NSP offers recipients opportunities for mentorship and networking with Canadian professionals. The program also provides recipients with access to various resources and workshops, to support their academic and professional development.

Apply at bbpa.smapply.io/prog/scholarship

This grant is available to Canadian full-time undergraduate students in financial need. You are automatically assessed when you apply for student aid with your province or territory. There is also a grant for part-time students.

Visit www.canada.ca/en/services/benefits/education/student-aid/grants-loans/full-time.html

There are 100+ awards available, totalling up to $50,000. The largest award available is $5,000, which is open to any applicant going to a publicly funded post-secondary institution in Canada. There is a $3,000 and $2,000 award. In addition, there are 101 other awards, between $200 and $1,000 in value. Visit https://p2c.com/students/awards for details.

Financial Assistance

Financial Assistance is available to those who qualify. Assistance to help pay for your postsecondary is based on many factors including your (and your family’s) financial resources.
Things to remember:
  • It is intended to supplement—not fully cover—the cost of your schooling. You (and your family, if applicable) are expected to contribute to your educational and living expenses.
  • You will receive your funds in two installments—60% for the fall semester and 40% for the winter semester.
  • If your student financial assistance does not arrive before the first day of classes, you will need to arrange for interim funding from another source (e.g., from family, an RESP, a bank line of credit, your savings, etc.) or connect with the finance office to set up a Deferred Payment Plan.
  • You are required to successfully complete the academic and attendance requirements of your program to remain eligible for assistance.
  • You’ll need to inform your Financial Aid Officer of any changes to your academic or financial situation while you’re receiving a student loan.
  • The National Student Loans Service Centre (NSLSC) is where you manage your student loan.

Canada Student Financial Assistance

Students who are planning to apply for student financial assistance are encouraged to submit their application when they become available each year (usually in June) to ensure that the loan is available when the student starts the semester. Additional inquiries regarding student loans/grants should be directed to our Financial Aid Office or to provincial Student Financial Aid Offices. Students from Quebec who are not eligible to receive government-issued student loans when they attend a private institution such as MCS are encouraged to check with the Dean of Educational Services to discuss funding possibilities while they are students at MCS.

For information on federal student loans and grant programs, visit Human Resources Development on the Government of Canada website.

First Nations Assistance

Qualifying First Nations students may be eligible for financial assistance from their band council since Master’s is recognized by the First Nations as a degree-granting institution. Additional information is available at the Financial Aid Office.

Also, Indspire disburses bursaries and scholarships through its Building Brighter Futures program to Indigenous students who are enrolled in post-secondary programs. Since 1985, Indspire has disbursed bursaries and scholarships to First Nation, Inuit, and Métis post-secondary students. It is the largest funder for Indigenous education outside of the federal government. Check the Building Brighter Futures program found here to see if you qualify for funding as an Indigenous Student.

Worker’s Compensation

Individuals who are receiving Worker’s Compensation are encouraged to speak with their Workers’ Compensation Counsellor to determine if they are eligible to receive any assistance under their retraining program.