Tuition & Fees

The Master’s University strives to offer students a Christ-centered education within the financial reach of all. We endeavor to keep costs as low as possible, and consequently, our tuition is among the most economical for a private university. When calculating university costs, be sure to consider the total cost. Consider items like: books and supplies, transportation, and personal spending money. While these amounts vary with each student, it can raise the total cost of education above the published tuition and room and board amounts. Fortunately, when computing a student’s financial need, we take all these costs into consideration. The Master’s University is a leading university for affordability and graduation rates.

More Affordable

Our tuition is more affordable by about 30.5% compared to the average tuition cost at 15 other private Christian universities in California. Our average total cost is more affordable by about 22.7%. (October 2018)

More Successful

Our 61.2% graduation rate leads compared to average Christian colleges (52.9%), and almost doubles the rate of students at public institutions (32.8%) (CCCU.org 2019). This is credited to high quality academics, small class sizes, and academic resources. Graduating on schedule means paying less for school, graduating with less debt, and starting one’s career faster.

More Freedom

Up to 40% of our students graduated with no debt in 2019. During a time when student loan debt is as high as ever, TMU is recognized by the Department of Education for creating an environment where the burden of student loan debt repayment is much less than at almost every other campus in the country. 67% of students graduated with less than $20,000 in loan debt. This compares with the national student loan debt average of $29,800, according to the 2019 TMU Alumni Survey.

TMU has been recognized in LendEDU’s 2019 annual report on student loan default rates for having one of the lowest default rates not only in California, but the entire country as well. Nationwide, the default rate at Master’s University placed in the 90th percentile.


Director of Financial Aid, Kenneth Piester, shares 10 short helpful videos on common financial aid topics:

Annual Expense (2020-2021)

Cost
Tuition ( 12-18 Units )$27,950
Room$6,500
Board ( 14 Meal Plan )$5,000
Tuition/Room/Board Total$39,450

Example Outcomes

These are three fictional examples of financial aid packages. Scholarships, grants and aid will be unique to each individual. Examples may vary based on the presented need and merit qualifications.

Example 1
Low income California resident, parent is full-time Pastor or Missionary
Aid:
PELL GRANT$6,195
SEOG$1,000
CAL GRANT$9,084
TMU Academic$5,500
Pastor/Missionary Dependent (PMD) Grant$1,000
Subsidized Loan$3,500
Unsubsidized Loan$2,000

Total Aid Received$28,279
Total Cost Of Tuition + Room & Board$39,450

Annual Tuition Due-
Annual Room & Board Due$11,171
Your Monthly Cost (10 month plan)$1,117

Recommendation: ask about on-campus or work study positions to earn up to $1,000/month or more to cover your monthly expenses.

Example 2
Mid-income California resident living off-campus
Aid:
CAL GRANT$9,084
TMU Academic$5,500
Subsidized Loan$3,500
Unsubsidized Loan$2,000

Total Aid Received$20,084
Total Cost Of Tuition$27,950

Annual Tuition Due$7,866
Annual Room & Board Due-
Your Monthly Cost (10 month plan)$787

Attention: the cost of living off-campus in California can be substantially higher than living on-campus. Be sure to calculate this into your expenses.

Example 3
Out Of State Resident with a high GPA
Aid:
PELL GRANT$6,195
SEOG$1,000
President's Scholarship$14,000
Alumni Scholarship$1,000
Subsidized Loan$3,500
Unsubsidized Loan$2,000

Total Aid Received$27,695
Total Cost Of Tuition + Room & Board$39,450

Annual Tuition Due$255
Annual Room & Board Due$11,755
Your Monthly Cost (10 month plan)$1,201

Recommendation: ask about on-campus or work study positions, and inquire about additional department or major specific scholarships.

Submit All Financial Aid Documents Here

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Dates to remember

October

Create FSA ID

Nov - Dec

Submit Required Docs

March 2nd

Financial Aid Priority Deadline

May

National Decision Day

July

1st Bill

Contact Info

The Master’s University
Financial Aid Office
21726 Placerita Canyon Rd
Santa Clarita, CA 91321

Email: financialaid@masters.edu

Phone: 1-800-568-6248
or 661-362-2290

Fax: 661-362-2693

Hours

Monday - Friday
8:30 am - 5:00 pm

Closed on school holidays

Federal School Code: 001220

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