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Other Charges
Other Charges
Returned Checks - $25.00 for the first check and $35 for each subsequent check. Any check issued to MBKU which is returned by the bank as unpaid is considered a returned check. Returned checks are subject to an administrative fee, which will be charged to the student’s account. The student’s account may be placed in Past Due Status. MBKU may request the returned check be replaced by cash, money order or cashier’s check and MBKU reserves the right to not accept any future check payments from that student.
Library and Parking Fines and Fees - Library and Parking charges are assessed and collected by the respective departments. If payment for a charge is not received, the charge information is turned over to Student Accounts Services for collection. The student’s account may reflect the amount due to the Library or Campus Safety and will be placed in Past Due Status until the charges are paid.
On-Campus Housing – Rent is due by the first day of each month, with a five-calendar day grace period. A late fee of $70 will be charged to students who pay their rent after the grace period. In the event the tenant does not pay their rent by noon of the first business day of the following month, MBKU may elect to start eviction proceedings.
Late Fee - $50.00. The late fee may be charged each quarter to students who have not paid their tuition balance in full by the tuition due date.
Interest Fee – All outstanding accounts are subject to interest at the rate of 6% annually (applied monthly) on the unpaid balance from the prior month.
Miscellaneous Fees - as determined by your program
The Board of Trustees of Marshall B. Ketchum University reserves the right to change tuition and fees or establish additional fees for special features or services if deemed necessary.