Financial Policy
Monterey College of Law is an independent, nonprofit educational institution that receives no tax or other public funding. The primary source of revenue is student tuition.
Annual tuition and fees are due in full at the time of registration. For students who need additional flexibility in paying their tuition and fees, MCL offers a tuition installment program (TIP). Under the TIP program, students may pay the annual amount due in monthly installments. A TIP enrollment form will be available during registration.
To review our Financial Policy, click here.
Tuition and Fees
See the Schedule of Fees for current tuition and fees.
Student Loan
As a state-accredited law school, Monterey College of Law is not a Federal Title
IV educational institution. This means that MCL students do not qualify for federally
insured educational loans. However, Sallie Mae® Law Student Loans are available to students based on their personal credit or that of a co-signer.
Sallie Mae® also offers a Bar Study Loan for Law Students, available here: Sallie Mae® Bar Study Loan.
When students obtain a loan from a third party, they pay a non-refundable deferred tuition fee to Monterey College of Law. Upon receipt of a loan check, MCL will promptly notify the applicant and issue a check payable to the applicant. At that time, all current tuition owed must be paid.
Tuition Refunds
To be eligible for a refund, a student must notify the Dean and the Registrar of
his/her intention to withdraw from the law school. The refund amount is calculated
using a formula that decreases as the semester progresses.
Tuition Credit Policy
The annual flat-tuition rate is based on taking 12 or more units during the academic year, including the Fall, Spring, and Summer Semesters. Students who enroll on a flat-tuition schedule for 12 units or more during an academic year (including combined Fall, Spring, and Summer Semesters) are only eligible for a prorated credit if they submit timely add/drop forms and are approved by the Academic Dean to drop to fewer than 12 enrolled units for the combined Fall, Spring, and Summer semesters. For example, if you register for 9 units in the Fall Semester, 9 in the Spring Semester, and 4 units for the Summer Semester, but are approved to drop all Summer Semester courses, there is no prorated tuition refund because you will have already completed more than 12 semester units (in this example, 18 units during the Fall and Spring) during the academic year.
Students who submit timely add/drop forms and are approved to enroll in fewer than 12 units in an academic year can be eligible for a prorated credit of tuition charges. To be eligible for a tuition credit, a student must notify the Academic Dean and the Registrar by filing a timely add/drop form and submitting a written notice (by hard copy or email) of his/her intention to reduce the number of enrolled units and/or withdraw from the academic program. The amount of tuition credit is determined as of the date of receipt of written notice of withdrawal and is calculated as follows:
Withdrawal before the start of instruction: 100% Tuition credit
Withdrawal during the first 60% of instruction: * Pro Rata Tuition credit
Total hours of instruction offered (minus) Total hours elapsed X Total Tuition Cost
Total hours of instruction offered
Withdrawal after completion of 60%* of instruction: No refund
* 60% of instruction is completed in the 9th week of classes during the Fall and Spring Semesters and in the 6th week of classes during the Summer Semester.
Please note that fees are not refundable.
Students attending the College under the Veterans Administration Bill are governed by a special refund policy.