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Cost & Aid

Overview of MBKU Financial Aid

Marshall B. Ketchum University is a private, non-profit, independent, educational institution that does not seek, nor receive any direct government funding for its operations. Tuition and fees, however, cover less than half of the total operating expenses of the University. 
The balance of operating expenses are covered by contributions from individuals, corporations and foundations, as well as endowment income, investment income, and income derived from University clinics.

The Office of Financial Aid provides the financial services and advice that will help students best meet the educational expenses necessary to achieve their career goal of becoming outstanding pharmacists.

How Financial Need is Determined

When you apply for financial aid, your FAFSA form is analyzed, along with supporting data you have submitted, to determine the amount you and your family could contribute toward educational expenses. Factors taken into consideration include income, number of family members, number of family members in college, and assets.

The MBKU Standard Budget includes tuition, fees, books and supplies, plus a modest budget for living expenses. This budget, minus your expected family contribution and all outside resources, will equal your calculated "need."

Sources of Financial Aid

Most available financial aid comes in the form of loans. The following chart shows the percentage of students receiving funds from the major loan programs and the average amount awarded.

Loan Program Percent Receiving Average Amount
HPSL 25% $4,950
Direct Unsubsidized 77% $39,396
Graduate PLUS 20% $10,229

FAFSA: How To Apply and Deadline Dates

Financial aid forms are available in February with a late April deadline date to submit forms.

MBKU requires only student data on the FAFSA form. A form from the prior year is used.

MBKU Title IV Code Numbers for FAFSA: 001230

MBKU CSS Profile Code: 4392

Visit FAFSA Website 

WICHE and Contract Students

The University is a participant in the Western Interstate Commission for Higher Education (WICHE) Student Exchange Program. Applicants from the participating states (Alaska, Arizona, Colorado, Hawaii, Montana, North Dakota, Utah, and Wyoming) are encouraged to contact the Certifying Officer in their home state for information on applying for certification. In most cases, the deadline for certification application is October 15, of the year preceding admission; however, some state deadlines and requirements may vary.

For more information or questions, email WICHE students obtaining military or other federal scholarships are required to reimburse WICHE. 

Cost of Attending COP - 2022-2023

Fee Cost
Annual Tuition $55,090
Annual Student Association Fee $115

For a more detailed breakdown of the Cost of Attendance for each year, contact Financial Aid:

Additional Fees

Fee Cost
Matriculation Fee1 $1,500
Late Payment of Tuition Fee $50
Audit per unit $100

1 Paid upon acceptance and credited to Fall Quarter tuition upon matriculation.

While the occasion has not previously presented itself, the Board of Trustees of Marshall B. Ketchum University does reserve the right to change the tuition and fees or to establish additional fees for special features or services if deemed necessary.

Contact the Financial Aid Office

For further assistance, please email or visit the office: Monday-Friday 8:00 a.m. to 5:00 p.m.

Mailing address:
Marshall B. Ketchum University
Attn: COP Financial Aid Office
2575 Yorba Linda Blvd.
Fullerton, CA 92831-1615