Tuition & Fees
For Undergraduate Students
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.
Financial Assistance
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.