Offered On-Campus
Offered Online
Payment
Payments on Maranatha accounts are made through the CashNet system on MyMaranatha. This system provides complete Payment Card Industry (PCI) compliance for all Maranatha online payments. After a parent, family member, or other authorized payer has been added by a student, they may use their login on our payment portal to access, view, and pay a bill.
Refund Policy and Schedule for Main Campus Students
In the case of students withdrawing from college either voluntarily or by dismissal, (except for military service), or moving out of a Maranatha residence hall, the following applies:
During the first seven weeks of a semester, the Tuition and Comprehensive Fee will be prorated as follows, according to the withdrawal date:
| During the First Week | 87.5% refund |
| During the Second Week | 75.0% refund |
| During the Third Week | 62.5% refund |
| During the Fourth Week | 50.0% refund |
| During the Fifth Week | 37.5% refund |
| During the Sixth Week | 25.0% refund |
| During the Seventh Week | 12.5% refund |
After the first seven weeks of a semester, students will be responsible for the entire semester’s tuition and fee charges.
Room and board will be prorated as follows during the first twelve weeks of a semester according to the move-out date. Note that this policy reflects the fact that Maranatha makes commitments to food service providers and other fixed costs are incurred even if events lead a student to discontinue campus residency during the semester.
| During weeks One through Four | 75.0% refund |
| During weeks Five through Eight | 50.0% refund |
| During weeks Nine through Twelve | 25.0% refund |
After the first twelve weeks of a semester, students will be responsible for the entire semester’s room and board charges.
Veterans under Public Law 89-358 will be refunded on a daily prorated basis.
Academic, class, and program fees are non-refundable.
Changes of academic load refund
From the first day of classes, a schedule change that reduces a full-time academic hour load to a part-time load will produce a credit to the student account at the same refund rate as withdrawal from college.
During the registration process, students are expected to complete a financial agreement form online.
The minimum down payment is one-third of the entire semester cost. If financial aid is anticipated (Pell Grant, Stafford Loan, or Wisconsin Grant), then the down payment is one-third of the net semester cost (total charges minus financial aid). A $50 late fee is assessed if the down payment is not received by August 15 and January 2.
Payment Plans for Main Campus Students
- Payment in Full: Students must pay the full semester charge by the down payment due date.
- Semester Plan: Students pay 1/3 of the net semester costs (total charges minus anticipated financial aid) due at the down payment deadline. The balance of the semester is divided into three monthly payments (the 15th of each month). This plan has a $60 extended payment fee.
Payment Plan Policies
- Monthly payments sufficient to pay your balance in full by the end of the semester are required.
- Final payment of the semester is due in full by November 15 for the fall semester and April 15 for the spring semester.
- A one percent per month (12 percent per annum) late payment charge will be assessed on any unpaid balance remaining after the end of each semester.
- An outstanding balance of prior semesters must be paid in full for enrollment in a new semester.
- Accounts must be paid in full before transcripts or diplomas are issued. A candidate for graduation must have no outstanding balance owed to the college in order to participate in the commencement exercises.
Online Summer Session(s) Payment Plans
> There is no drop/add week.
> Students may be dropped for non-payment but could have also incurred fees.
> All Students follow Maranatha Online’s Payment Policies
- Option one: Students must pay the entire amount one week before each session starts.
- Option two: Students must pay half of the amount one week before each session starts, and the other half by June 15 for A/C/D Session and by the end of the third week for B Session.
Payment and Refund Policies for Online and Virtual Students
- Tuition and fees are due in full at least 7 days prior to the beginning of each course.
- The Comprehensive Fee is non-refundable.
- Students who withdraw from a course will have tuition refunded based on the following schedule:
- Drop prior to start date: 100%
- Week 1: 75%
- Week 2: 50%
- Week 3: 25%
- Week 4+: 0%
- Exceptions to the refund policy are made for distance classes as required by statute for students completing coursework in certain states.
- 8-week Course (A or B Sessions)
- Days 1-6: 90% refund
- Days 7-11: 80% refund
- Days 12-16: 60% refund
- Days 17-22: 40% refund
- Days 23-33: 20% refund
- Day 34+: 0% refund
- 12-week Course (C Session)
- Days 1-9: 90% refund
- Days 10-17: 80% refund
- Days 18-25: 60% refund
- Days 26-33: 40% refund
- Days 34-49: 20% refund
- Day 50+: 0% refund
- 16-week Course (D Session)
- Days 1-11: 90% refund
Days 12-22: 80% refund
Days 23-33: 60% refund
Days 34-44: 40% refund
Days 45-66: 20% refund
Day 67+: 0% refund
- Days 1-11: 90% refund
- 8-week Course (A or B Sessions)
- Week 1: 75%
- Week 2: 50%
- Week 3: 25%
- Week 4: 5%
- 12-week Course (C Session)
- Days 1-11: 75%
- Days 12-21: 50%
- Days 22-32: 25%
- Days 33-41: 5%
- 16-week Course (D Session)
- Weeks 1-2: 75%
- Weeks 3-4: 50%
- Weeks 5-6: 25%
- Weeks 7-8: 5%
Return to Title IV (R2T4) for Financial Aid
In accordance with federal regulations, Maranatha Baptist University (MBU) determines if any federal aid must be returned when a student withdrawals from all classes. This determination is called Return to Title IV (R2T4).
For complete policy: Return to Title IV (R2T4) for Financial Aid