Consistent with the terms of the exchange agreements, each Ibero-AmericanMBA student pays tuition and fees only at the institution that selects them for the program.
Note: For our purposes of this document, the term native student refers to a student for whom a given institution is the home institution, rather than to the student’s nationality (e.g., a student selected by UNF for the Ibero-AmericanMBA program is a native student at UNF, but a non-native student for all other consortium schools).
The Ibero-AmericanMBA fees charged are designed to cover program costs, including director travel, co-curricular activities, program promotion, application and transcript fees, etc. Each institution agrees not to charge program fees that, in the aggregate, exceed its cost of operating the Ibero-AmericanMBA. Therefore, the total Ibero-AmericanMBA fees charged by all consortium institutions may be allocated in different amounts to different institutions, depending on their individual costs.
The Ibero-AmericanMBA fee is approximately $1,200 (for cohort 1, starting in spring 2010). UNF will issue an invoice to all Ibero-AmericanMBA students, regardless of the student's native institution, in early January. All payments will be made in US dollars to UNF by the first day of the program. Students who have not paid the Ibero-AmericanMBA program fee by the first day of class will not be permitted to continue in the Ibero-AmericanMBA program. The Ibero-AmericanMBA program fee is non-refundable. Students who choose to leave the program, either by choice or by not meeting minimum academic expectations, will not receive a refund of the Ibero-AmericanMBA fee.
Other Program Costs
Students are responsible for all costs associated with the program (e.g., home-school tuition and fees, program fee, transportation, lodging, living expenses, insurance, books and supplies). For UNF-selected students, attached are the estimated costs for the 2011-2012 cohort.
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