Tuition and Financial Policies

Tuition:

Tuition fees are set by the Board of Directors for each entering class. The school makes a commitment to each student in the enrollment agreement regarding the cost of their program. Therefore, the total tuition cost for each student is known at the time of enrollment. All students are expected to attend SIOM full-time.

Tuition for students entering the M.Ac.O.M. program in the Fall of 2013:

Total tuition for the three-year program.............$61,200

Tuition per year.......................................................$20,400

Tuition per trimester..................................................$6,800

Estimated cost for books and supplies for the program is $2,000.

Tuition for students entering the M.Ac. program in the FALL of 2013:

Total tuition for the three-year program.............$39,600

Tuition per year.......................................................$13,200

Tuition per trimester..................................................$4,400

Estimated cost for books and supplies for the program is $1,500.

Payment:

Tuition for the trimester is to be paid in full by the end of the first week of class. Failure to pay tuition on time will result in a late fee of $25 and possible dismissal.

Reservation Fee for First-Time Enrollees:

Upon acceptance into the school, a $500 nonrefundable reservation fee is required along with the signed enrollment agreement from the applicant. This fee will be applied to the tuition for the first trimester.

Tuition Refund:

Students are entitled to a refund of tuition and fees based on the following schedule.  If you withdraw before the end of the:

First week of class (Except for the reservation fee for first trimester students)     100%

Second week of class     90%

Third week of class     80%

Fourth week of class     70%

Fifth week of class     60%

Sixth week of class     50%

Eighth week of class     25%

After the eighth week     No Refund

Withdrawal Date:

The official withdrawal date is the date when withdrawal occurs in any of the following ways:

• The Institute receives written notice of the student's intention to discontinue the training.
• The student is terminated for a violation of a published school policy that provides for dismissal.
• The student, without notice to the Institute, fails to attend classes for 30 calendar days  with the withdrawal date being the last day of attendance.