FINANCE

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Students can contact the Acsenda BBA Advisor to obtain the most up -to-date information on tuition subsidies or bursaries available to them. All students are required to pay tuition fees and expenses in advance of starting each term of study. Fees are collected per term by ASM.

Tuition and Other Fees**

Title Application Contract (Registration) Fee Domestic Tuition International Tuition English for Academic Purposes Library Fee Material Fee Student Activities Student ID card Textbook Cost TAX (Federal and Provincial) PLAR Challenge Exams Student Letters Transcripts Reissuing of Degree Parchments 10.00 10.00 50.00 Students receive 3 free transcripts upon graduation Fee 100.00 50.00 620.00 1,299.00 3900.00 50.00 25.00 40.00 20.00 150.00 12% Description Registration of Admission (One-time, non-refundable) Per Term Contract Tuition Per Course (3 credit), (Non-Taxable) Tuition Per Course, (3 credit), (Non-Taxable) Per level of bridging (Domestic and International) Library Resource (per term) Copy/Course Material Fees (per course) Events for Student (per term) Student ID (annual) Approximate Average Cost of Textbooks per course HST charged only on School Fees, Tuition Excluded Only 5% federal component is charged on textbooks Speak to the Registrars Office Speak to the Registrars Office

Notes: 1. The cost of Textbooks may vary from course to course but the average price is CAD $150 per book. 2. PLAR requests may be done once for up to four (4) courses. **Tuition and other fees are subject to change without prior notice. Please check with the Admissions Office for the most up to-date fee schedule.

Student ID Card
Students who register with ASM are issued a student ID card, which is valid for one year. Students may be asked to present their ID card during their registration period, at any meetings with the Dean of the school, or during final examinations. There is an annual fee of $20 for the ID card.

Medical Insurance
Acsenda School of Management requires that all students have valid medical insurance coverage while studying at the school. Residents of British Columbia are required to have medical insurance under the BC Medical Services Plan. Canadian students from other provinces may be able to maintain medical coverage from their home province. International students and those who have recently moved to BC have a three month waiting period and must obtain private medical insurance during this time before they can apply for MSP. International students are responsible for obtaining their own medical insurance but they can obtain information and guidance from the Admissions Officer. Applications for Medical Services Plan of BC can be found on the website: http://www.health.gov.bc.ca/msp/ The school requires students to present a copy of their medical insurance at the time of registration.

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Student Loans
Students who are Canadian citizens or permanent residents, who are paying tuition fees, and who have registered in a minimum 60% course load and can demonstrate financial need, may qualify for aid through student loan programs. Students must apply for loans through the Province in which they have established residency. Basic Eligibility Requirements to apply for BC Student Aid:

Canadian Citizen, a landed immigrant (permanent resident) or have protected person status Valid Canadian Social Insurance Number (Does not start with 0 or 8) Resident of BC Enrolled in an eligible program of study at an eligible post-secondary institution Pursuing Full-Time studies as their primary occupation Be able to demonstrate financial need

Make academic progress and achieve satisfactory scholastic standing in each period of post-secondary study. For additional information and to apply online please see www.aved.gov.bc.ca/studentaidbc/apply/welcome.html

Payment Methods
Cash: Canadian currency is accepted; please bring the exact amount owed as change is not always available. Debit Card: Debit Cards are accepted as payment at the campus. Credit Cards: We accept Visa, MasterCard and American Express cards. The cardholder must be present when the transaction is being processed or a payment authorization form must be completed and signed by the cardholder. Payment authorization forms may be obtained from the Admissions Office. Wire Transfer: Payments to Acsenda School of Management can be made via wire transfer. Bank Name: Pay to the order of: Bank Address: Transit Number: Account Number: Canadian Imperial Bank of Commerce Acsenda School of Management Corp. Kingsway & Mckercher, 4755 Kingsway, Burnaby BC V4H 4W2 CANADA 410 Institution Number: 10 0959405 Swift: CIBCCATT

** Note that all bank fees are extra and are the responsibility of the applicant or student. These need to be calculated and paid before completing the wire transfer

Non Payment
If a students account is in arrears after the payment deadline, his or her account will be placed on financial hold and a late payment fee will be assessed on the account. This may result in restriction on taking mid -term or final exams, issuing of student letters and transcripts, and of registration in further courses until the overdue amount is paid in full. In extreme circumstances, the student may be asked to withdraw from the program. The school reserves the right to contact outside collection services to assist in collection of the amount owed.

Ive always considered education as the ultimate investment in my career, personal development and in achieving lifes goals. Acsenda School of Management has provided me with that education to do so and if I had the opportunity to do it all over again I wouldnt change a thing. Thanks, Sofiia Sagir, BBA

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Tuition Refund Policy
The following refund policy applies to the terms of an enrolment contract. Enrolment contracts are signed every term by the student during the registration period. A.)A student may be entitled to a refund of tuition fees in the event that: The student provides written notice to the institution that he or she is withdrawing from the program; or

The institution provides written notice to the student advising that the student has been dismissed from the program. B.) The written notice of withdrawal or dismissal may be delivered in any manner provided that a receipt or other verification is available that indicates the date on which the notice is delivered.
C.) The notice of withdrawal or dismissal is deemed to be effective from the date it is delivered. D.) The refund to which a student is entitled is calculated on the total tuition fees due under the contract. Where total tuition fees have not yet been collected, the institution is not responsible for refunding more than has been collected to date and a student may be required to make up for monies due under the contract. E.) If the institution has received fees in excess of the amount it is entitled to under the student contract, the excess amount must be refunded. F.) Refund policy for students: i) Refunds before the program of study begins: (1) If written notice of withdrawal is received by the institution within 7 days after the contract is made, and before the commencement of the period of instruction specified in the contract, the institution may retain 5% of the total tuition and fees due under the contract to a maximum of $250. (2) If written notice of withdrawal is received by the institution 30 days or more before the commencement of the period of instruction specified in the contract and more than 7days after the contract was made, the institution may retain 10% of the total tuition only due under the contract to a maximum of $1000. (3) Subject to section f) (i) (1), if written notice of withdrawal is received by the institution less than 30 days before the commencement of the period of instruction specified in the contract and more than 7 days after the contract was made, the institution may retain 20% of the total tuition only, due under the contract to a maximum of $1300

Ii) Refunds after the program of study starts: (1) If written notice of withdrawal is received by the institution, or a student is dismissed up to and including 10% of the period of instruction specified in the contract has elapsed, the institution may retain 30% of the tuition due under the contract. (2) If written notice of withdrawal is received by the institution, or a student is dismissed where more than 10% and up to and including 30% of the period of instruction specified in the contract has elapsed, the institution may retain 50% of the tuition due under the contract. (3) If a student withdraws or is dismissed where more than 30% of the period of instruction specified in the contract has elapsed, no refund is required. g.) Other Refund Policy Requirements i) Where a student did not meet the institutional and/or program specific minimum requirements for admission through no misrepresentation or fault of their own, the institution must refund all tuition and fees paid under the contract, less the applicable non-refundable student application or registration fee.

Ii) Where a student withdraws or is dismissed from their program, they are entitled to 100% refund of any as -yet to be received consumables that have been pre-paid. Iii) Where a student withdraws or is dismissed from their program after receiving technical equipment from the institution free of charge:

The student must return the equipment unopened or as issued within 14 calendar days; and If the student fails to return the equipment as set out above, the institution may deduct the reasonable
cost of the equipment from any amount to be refunded to the student. Iv) Refunds owing to students must be paid within 30 days of the institution receiving written notification of withdrawal and all supporting documentation, or within 30 days of an institutions written notice of dismissal. v) Where the delivery of the program of study is through home study or distance education, refunds must be based on the percent of the program of study completed at the rates as set out in Section f) (ii) above.

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H.) International Students (Refund Policy Continued) i) An international student is a person who is not a Canadian citizen, permanent resident or who has been determined under the Immigration and Refugee Protection Act to be a Convention Refugee. Ii) If an international students Study Permit application has not been completed by the start date identified in the institutions Letter of Acceptance and the student so notifies the institution, at the request of the student, the institution may issue a second Letter of Acceptance for a later start date. In such a circumstance, the institution may charge the student an additional $200 administrative fee and retain the balance of the prepaid tuition fees pending the outcome of the Study Permit application. Should a student fail to so advise the institution, the institutions refund policy for students will apply. Iii) An institution may retain the lesser of 10% of the total fees due under the contract or $400 for international students who are denied Study Permit authorization from Citizenship and Immigration Canada. Students denied a Study Permit must provide the institution with a copy of the denial letter prior to the program start date as set out in the institutions most recently issued Letter of acceptance. Should a student fail to advise the institution, or choose to withdraw for other reasons, the refund policy set out in f) i) above will apply. Refunds owed to students must be paid within 30 days of the institutions receiving a copy of the Study Permit denial letter.

Refunds in Cases of Withdrawal or Dismissal

A student who registered and fails to attend classes in the first week of a term may, at the Deans or Registrar's discretion, have his or her seat in that course given to another student, regardless of previous permission to register. If the student is unable to attend in the first week of a course but plans to complete the term, it is the student's responsibility to contact the instructor and the Office of the Registrar, in advance for permission. If a student has not attended classes by the second week of the term, even with notification/contact with the school, the student will be removed from the course. All students are expected to attend all class meetings of the courses in which they are registered; excessive absences may be considered sufficient cause for the school to de -register the student from the course. Students who miss two (2) classes in a row, with no contact with the instructor or the Registrars Office, may be withdrawn from the course. Attendance is closely monitored and excess absences for the term may result in dismissal from the term. Students who, after registering, find it necessary or desirable to drop or withdraw from courses, or withdraw completely from Acsenda may receive a refund based on the Refund Policy outlined.

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REFUND POLICY TABLE BEFORE the start of the program

Withdrawal Period 7 calendar days AFTER contract is signed 30 calendar days or more and more than 7 days after the contract is signed Less than 30 calendar days and more than 7 days after the contract is signed Amount RETAINED by ASM 5% of Tuition fees to a maximum of $250. 10% of Tuition fees to a maximum of $1000. 20% of Tuition fees to a maximum of $1300.

AFTER the start of the program

Withdrawal Period / Student Dismissal Within 10% of the period of instruction (within 1.5 weeks of ASM`s quarter system) After 10% and up to and including 30% of the period of instruction (after 1.5 weeks and before 4 weeks of ASMs quarter system) After 30% of the period of instruction (After 4 weeks of ASMs quarter system) Amount RETAINED by ASM 30% of total fees

50% of total fees

100% of total fees (NO refund is required)

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