Financial Services

Get the help you need to finance your education with University of the Rockies' Financial Services Department. Learn about all your tuition and financial options that are available for you.

Student Loan Code of Conduct

University of the Rockies officers and employees involved in financial aid processes including student loans adhere to the Student Loan Code of Conduct as required by the Higher Education Opportunity Act.

Financial Aid TV

Part of University of the Rockies’ mission and commitment to our students is to provide accessible, affordable, innovative, high-quality learning opportunities. Financial aid can be a big mystery to many college students, so we’ve partnered with Financial Aid TV to help.

The mission of Financial Aid TV is to assist Student Advisors and others from the Finance office to communicate financial aid information to current and prospective students.

Throughout this financial services section, you will find helpful videos in relation to financial aid that will address many common questions.

Cost of Attendance

Online Delivery Format Tuition & Fees

The following is a list of tuition and fees applicable to programs and/or courses offered in the online delivery format, effective April 1, 2011. Tuition rates and fees may change at any time without prior notice.

Graduate Certificate Program

Master's Level (5000 – 6000) Tuition (per credit) $705.00
Textbooks/Materials (estimated per course) $200.00
Late Payment Fee$30.00
Transcript Fee $5.00
Insufficient Funds Fee $30.00
Students pursuing a graduate certificate are not eligible for financial aid.

Master's and Doctorate Programs:

Master's Programs


Master's Level (5000 – 6000) Tuition (per credit)$705.00
Textbooks and instructional materials (average per course)$200.00
Technology Services Fee*$250.00
Comprehensive Examination Fee (each attempt, Master's only)$100.00
Graduation Fee$250.00
Replacement/Duplicate Diploma Fee$45.00
Transcript Fee$5.00
Insufficient Funds Fee$30.00
Late Payment Fee$30.00

Doctorate Programs


Doctorate Level (7000 – 8000) Tuition (per credit)$926.00
Textbooks and instructional materials (average per course)$200.00
Technology Services Fee*$250.00
Assessment/Materials Fee (Doctoral ORG 7101)$50.00
Graduation Fee$500.00
Replacement/Duplicate Diploma Fee$45.00
Transcript Fee$5.00
Insufficient Funds Fee$30.00
Late Payment Fee$30.00

Indirect Costs


* The Technology Services Fee is a one-time fee, applied on the 2nd week of enrollment, post start date for degree seeking students to provide the student with initial configuration setup to University systems such as the online learning platform and other academic support systems. The Technology Services Fee is fully refundable until attendance in the 7th week of enrollment, at which time the fee becomes non-refundable.

Your tuition and fees are due according to the terms and conditions of your selected Payment Option. An exception may be made if you have completed all required financial aid paperwork prior to the start of the term and your financial aid is significant enough to cover all current term charges. There will also be a limited exception for those students using tuition reimbursement, military tuition assistance or direct bill as their method of payment. For students taking advantage of their Veterans benefits, payment is deferred for the first 60 days of continuous enrollment in a degree program. You are responsible for the amount that financial aid does not cover and it must be paid in full on or before the first week of the each course.

Acceptable forms of payment are:

  • Cash
  • personal check
  • money order
  • credit card (Visa or MasterCard)

You are encouraged to speak to your Student Advisor if you are unable to pay the balance owed. University of the Rockies will withhold transcripts, degree verifications, and grade reports until accounts are paid in full.

Click Here for the California Residents Disclosure Page

University of the Rockies California Resident Disclosure Language

California law mandates the collection of a fee in the amount of $2.50 per $1,000 of tuition rounded to the nearest thousand to be paid to the state's tuition recovery fund in the event of school closure. The fee is charged to California residents only. The following disclosure applies only to those students.

California Student Recovery Tuition Fund

CA Residents Only

The State of California created the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic losses suffered students in educational programs who are California residents, or are enrolled in a residency program attending certain schools regulated by the Bureau for Private Postsecondary and Vocational Education.

You may be eligible for STRF if you are a California resident or are enrolled in a residency program, prepaid tuition, paid the STRF assessment, and suffered an economic loss as a result of any of the following:

  1. The school closed before the course of instruction was completed.
  2. The school's failure to pay refunds or charges on behalf of a student to a third party for license fees or any other purpose, or to provide equipment or materials for which a charge was collected within 180 days before the closure of the school.
  3. The school's failure to pay or reimburse loan proceeds under a federally guaranteed student loan program as required by law or to pay or reimburse proceeds received by the school prior to closure in excess of tuition and other costs.
  4. There was a material failure to comply with the Act or this Division within 30 days before the school closed or, if the material failure began earlier than 30 days prior to closure, the period determined by the Bureau.
  5. An inability after diligent efforts to prosecute, prove, and collect on a judgment against the institution for a violation of the Act.

However, no claim can be paid to any student without social security number or taxpayer identification number.


You must pay the state-imposed assessment for the Student Tuition Recovery Fund (STRF) if all of the following applies to you:

  1. You are a student in an educational program, who is a California resident, or are enrolled in a residency program, and prepay all or part of your tuition either by cash, guaranteed student loans, or personal loans, and
  2. Your total charges are not paid by any third-party payer such as an employer, government program or other payer unless you have a separate agreement to repay the third party.

You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if either of the following applies:

  1. You are not a California resident, or are not enrolled in a residency program, or
  2. Your total charges are paid by a third party, such as an employer, government program or other payer, and you have no separate agreement to repay the third party.

Financial Aid

For the purposes of Financial Aid, you may be eligible to apply for the following student financial aid programs:

  • Direct Loans (subsidized and unsubsidized)
  • Direct Graduate PLUS Loans
  • Veterans Educational Benefits
  • Military Tuition Assistance
  • Employer reimbursement

Part of University of the Rockies’ mission and commitment to our students is to provide accessible, affordable, innovative, high-quality learning opportunities. Financial aid can be a big mystery to many college students, so we’ve partnered with Financial Aid TV to help.

The mission of Financial Aid TV is to assist Student Advisors and others from the Finance office to communicate financial aid information to current and prospective students.

Throughout this financial services section, you will find helpful videos in relation to financial aid that will address many common questions.

General Eligibility

To be eligible for most types of financial aid, you must:

  • be accepted into a degree program
  • demonstrate financial need, as shown by the Free Application for Federal Student Aid (FAFSA)
  • be enrolled in coursework that will count toward your degree
  • maintain satisfactory academic progress or meet probationary requirements (see policy)
  • students pursuing a graduate certificate are not eligible for financial aid

Renewal of Aid

Financial Aid is not automatically renewed every year: you must re-apply by filing the FAFSA and other paperwork as necessary. The Master Promissory Note (MPN) is good for 10 years unless you change schools or lenders.

General Financial Aid Process

You will need to do the following to apply for Financial Aid:

  • Obtain a pin number at www.pin.ed.gov and fill out the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Make sure to include the University of the Rockies school code: G35453
  • Complete the Master Promissory Note (MPN) and Entrance Counseling
  • Review and sign the award letter
  • Complete any additional paperwork requested by the financial aid office

Verification

The Department of Education randomly selects students for verification throughout the year. If selected for verification, you must submit a verification worksheet and a signed/dated copy of the applicable year's tax returns to the Financial Aid Office in order to complete the financial aid application. A copy of the verification worksheet can be obtained from the Financial Aid Office. Failure to comply with this Federal requirement may result in loss of eligibility for federal financial aid during that award year.

Direct Loans

Direct Subsidized: (Interest Rate is 6.8%): This loan is need-based. The government pays the interest while the student is in school and during the student's 6-month post-attending grace period. The student is held responsible for the paying the interest after that grace period.

Direct Unsubsidized: (Interest Rate is 6.8%): This loan is not need-based. The student is held responsible for paying the interest on this loan starting from the time of the first disbursement.

Direct Graduate PLUS Loan: (Interest Rate is 7.9%): This loan is not need-based. The student is responsible for paying the interest on this loan starting from the time of the first disbursement. The approval for this loan is established through a credit check, if denied a student may apply using a co-signer.

Financial Aid Disbursements

Loan payments are split into five equal disbursements for on-campus students and two equal disbursements for online students. Payments are delivered to the school from the disbursing agent, either by Electronic Funds Transfer (EFT) or paper check. The funds are then posted to the students account during the first week of every term or payment period. The student is responsible for any balance that financial aid does not cover and must adhere to the terms of his/her tuition payment option.

State Grants

Please visit the Education Resource Organizations Directory (EROD) at http://wdcrobcolp01.ed.gov/Programs/EROD/org_list.cfm?category_cd=SGT for a list of agencies administering state grants. You may contact these agencies directly for information regarding state grants that may be available.

Entrance and Exit Counseling

Entrance Counseling must be given to all financial aid students before aid is disbursed and Exit Counseling must be given to all financial aid students within 30 days of separation from the school. The entrance and exit counseling is available on http://dlenote.ed.gov/. Students may contact the financial aid office to receive individual repayment or account information.

Institutional Loans

University of the Rockies Institutional Loan is offered to students who meet the approval criteria and is available in two options. Option 1: This loan offers no fees, a 4.5% interest rate, and similar repayment terms that you currently receive under the federal student loan program. Option 2: This loan offers a "zero interest" loan with no origination fees and a zero percent interest rate for the lifetime of the loan with a minimum payment of $50.00 per month while you are in attendance at University of the Rockies. Late charges may apply. The University of the Rockies institutional loan program is available only to students who do not obtain federal loans (either Direct Loans or Graduate PLUS loans) to finance their education at University of the Rockies. The maximum loan amount is $20,500 per academic year. In-school deferment is only applicable while borrowers are in attendance at University of the Rockies. For more information, please contact your Financial Services Advisor.

Loan Consolidation:

A consolidation loan may help make loan repayment more manageable by combining multiple Federal Financial Aid Loans into one loan with one monthly payment. Loan Consolidation will make repayment more manageable and may lower your monthly payment by extending the period of time in which you pay back your loans. However, extending the loan period will increase the total amount you repay over the life of the loan.

For a list of FAQs on Loan Consolidation, please see Frequently Asked Questions.

Delinquent Accounts and Financial Hold

Your account is considered delinquent if full payment is not received the first week of the course resulting in an outstanding account balance. Any student with a delinquent account will be put on a financial hold and not be allowed to register for a subsequent term until payment is received in full or a payment plan is established and approved by the Financial Aid Office. If you have a delinquent account, you will not be permitted to take comprehensive exams, obtain copies of official transcripts, or graduate. An administrative fee will be assessed to your account for any outstanding balances, late payments or insufficient funds.

Return of Title IV Funds

The financial aid office will perform Return of Title IV Funds when a student drops from the program. This process ensures that the school keeps the amount of financial aid earned by the student and returns any unearned funds back to the lender. This may result in the student owing the school for tuition and fees.

Tax Statements/Credits

1098-T statements are mailed out to students every year no later than January 31st as required by law. This statement may be used to claim education credits, such as the Hope Credit or the Lifetime Learning Credit. The statement is mailed to the address on file; it is the student's responsibility to ensure the address is correct.

Non-Degree Student

A student must be enrolled as a degree-seeking student in a program in order to qualify for financial aid.