The total cost of Fusion is $15,000 ($10500 for the stateside portion and $4500 for the international portion). The following rules apply for paying for Fusion:
1. Students DO NOT owe the international portion ($4500) until November 1st.
2. Students MUST have to have a plan communicated to MBTS to pay for the $10500 at the beginning of the semester (August 4). There are three options to pay for the Fall portion ($10500).
A. In full: Whether the student is paying for the entire year or if they will carry a balance after scholarships or loans, they can pay in full. If a student or their parents are paying in full, they have until the official first day of school (August 20) 2012) too make that payment to the MBTS Business Office (816-414-3716). This payment has to be made by check, debit, or credit card.
B. Payment Plan: The school has a payment plan called FACTS through which a student can make payments throughout the semester (either on the $10500 total or on the balance after financial assistance). If a student is planning on using FACTS, they need to know two things:
i. FACTS has to be set up by August 4. This cannot wait any longer.
ii. On the day you set up a FACTS payment plan, youwill be required to made a down payment and then an automatic payment plan can be set up for direct draft (they can use a credit card for this portion of the payment process).
A helpful site is: http://www.mbts.edu/current_students/business_office/payment_options/
C. Loans: If students are interested in taking out loans, they should contact their bank or credit union.
Important information concerning paying for Fusion
Fusion works alongside Midwestern Baptist Theological Seminary to provide accredited and transferable theological and applicable education. Therefore, Fusion follows the same guidelines and policies as every other student enrolled in the MBTS system.
School policy states that if a student does not provide a payment plan either by August 4th (FACTS) or August 24th to pay in full, they will be dropped from the school and will no longer be a student at the institution. This is normal policy at any school in the nation, and is the honest and ethical way of handling reciprocity for their services.
If a student signs up for FACTS (anticipating a balance that they will pay off throughout the semester, and they raise support from family, friends, or a church, the school can and will change their FACTS payment plan – and they will cancel the payment plan if they raise the remainder of the balance).
If the student does not pay the $4500 for the international balance by November 1st, they will NOT be allowed to travel overseas with the rest of the FUSION students. This money has to be transferred to IMB, and they have to buy plane tickets in advance for international travel.
You can pay by cash, check, or by credit card (through your student protal).