To register for courses, students must sign an electronic enrollment form to confirm the financial aid and charge for each course according to the provisions that students have signed in their enrollment agreement.
Seven days after the start date of a new term, the tuition charge for the courses will appear in student accounts and the business office will send emails to remind students to make payment. Students will not be able to do online registration for the next module unless their account balance is zero.
Method of payment:
Fees and Non-Tuition charges listed below are non-refundable. All students are required to pay the following fees when applicable:
|
Fees |
|||
|---|---|---|---|
| Application Fee | $100 | ||
| International (non-USA) Transcripts Evaluation | $50 | ||
| Master Thesis Fee | $500 | ||
| Doctoral Dissertation Fee | $750 | ||
| Graduation Fee (all levels) | $300 | ||
| Additional Transcript | $20 | ||
| Change of Program | $100 | ||
| Leave of Absence | $100 | ||
| VTS Programs | Tuition per credit | Total Credit Requirement | Estimated Total Charge |
|---|---|---|---|
| Master of Arts in Ministry (MMIN) | $150 | 42 | $6,300 |
| Master of Divinity (MDIV) | $150 | 84 | $12,600 |
| Doctor of Ministry (DMIN) | $225 | 36 | $8,100 |
| Graduate Certificates | $150 | 18 | $2,700 |
VTS Payment Plans:
VTS REFUND POLICY (based on a 10-week module):
| SIM Programs | Tuition per credit | Total Credit Requirement | Estimated Total Charge |
|---|---|---|---|
|
Bachelor of Business Administration (BBA) |
$400* | 120 |
$48,000* (based on 30 credits/year pace) |
|
Bachelor of Science in Information Technology (BSIT) |
$400* | 120 | $48,000* (based on 30 credits/year pace) |
| Master of Arts in Organizational Leadership (MAOL) | $600* | 30 | $18,000* (based on 20 credits/year pace) |
*Unlike other universities that charge per credit or per course, SIM charges a flat tuition rate (or a subscription fee) for all its program, allowing students to complete as many courses as they are able. The cost per credit will depend upon the payment plan and the pace of study. The rates shown here are based on an annual prepaid plan of $12,000/year and a pacing of 30 credits/year for the bachelor-level and 20 credits/year for the master-level.
SIM Payment Plans
SIM REFUND POLICY (based on subscription model):
SIM has three subscription plans:
Students must pay their bill in full at least five business days before the start of their selected plan to have uninterrupted access to their courses.
SIM recognizes that a subscription model for a self-paced competency-driven curriculum relying primarily on final projects may not be a fit for every student. To encourage students to strive for the most rigorous educational option, all first-time enrolling students receive the first month free (e.g., a trial period). Billing begins with the second month of enrollment. Any course credit earned during the first month will be reported on your transcript. Continuing or re-enrollments do not qualify for this offer.
The following refund policy applies:
Monthly – No refunds offered during the month. If you are unable to pay for the next month, submit a withdrawal request that explains why you cannot participate. While you won’t be able to access university resources, you remain a student in good standing with any approved withdrawal request.
Semi-Annual or Annual – Refunds will only be processed at the end of every month with an approved withdrawal request. Your refund will reflect any balance after deducting the monthly rate for every month used. You may request re-enrollment at the start of a new term.
All refunds will be charged a transaction fee of 3% plus $50.