Earn your tuition and living while you study

 Louisville, Kentucky

Master's "Co-op" Program

Sullivan University

MBA, MIT

>>> Cost / Financial Aid

 

 | Sullivan University |

 | Program Overview |

 | "Co-op" Internships |

 | Cost / Financial Aid |

 | Admissions |

 | Application |

 | FAQ

 

School Cost and Financial Aid

One of many advantages of attending this "co-op" program is the rare opportunity for students to earn a salary through PAID "co-op" employment. This "ultimate scholarship" covers a great proportion of the education expenses ----- an affordable choice for higher education.

*Tuition and fees are subject to change. Revised 11/01/09

COST FACT SHEET FOR THE FIRST 12 MONTHS at

SULLIVAN UNIVERSITY

Q: How many academic quarters are there during the first 12 months at Sullivan University?

A: There are 4 quarters during the first 12 months, each lasting 3 months.

Q: How many classes am I required to take each quarter?

A: Two classes per quarter for the first 3 quarters, and a one hour practicum in the 4th. Quarter.

Q: How much do I need to pay at the beginning of each quarter?

A: 1st Quarter: Tuition for two classes ($1,875 /class) plus application fee $ 3,850

2nd Quarter: Tuition for two classes ($1875 / class) 3,750

3rd Quarter: Tuition for two classes ($1,875/ class) 3,750

4th Quarter: Tuition for a one hour practicum 625

Total Cost for First Year $11,975

Q: How much do I need to pay per month for living expenses?

A: it is estimated that the cost of living alone in a single apartment would be about $900 per month. However, it is estimated that a student who chooses to share an apartment and food with approximately $450 to $550 for their room and board per month. (While Sullivan may have some "leads" to give to the student as to available accommodations, it is the student’s own personal responsibility to locate his/her own housing and pay for the same.)

Q: Is it mandatory that I purchase the special Employment Assistance Package for $950?

A: No. This Employment Assistant Package is optional. However, any student choosing to purchase this extra package will receive the following special benefits from:

(1) help in getting an immediate job offer letter from interim employer, plus,

(2) assistance in applying for a Social Security number as soon as legally allowed, plus,

(3) actually employing the student for several hours per week in marketing, while student is simultaneously engaged in securing more permanent full time employment with an outside US based company.

Q: After completing 3 quarters, will I be allowed to have an annual break from taking classes?

A: Yes, after completing 3 quarters of coursework, you will be allowed a break in the 4th quarter.

Q: During the annual break from classes, will I be able to continue working full time in curricular practical training employment?

A: Yes, you will be able to continue working during your annual break; however, you will be required to pay during that quarter break the sum of $625 for a one hour "practicum" course which continues your legal right to CPT while you are not taking regular courses.

Q: How much money needs to be in my, or my sponsor’s, bank statement in order to be accepted?

A: Both the U.S. consulate and the university require that students provide a personal bank statement or the bank statement of their sponsor showing sufficient funds to cover their expenses for the first academic year, as noted in Section 7d of the I-20 form. A $20,000 bank statement is required for acceptance to the co-op program. This requirement does not mean that the student must pay this much money in their first year; rather, this bank statement merely demonstrates that the student has more than enough money available, from which he/she can pay estimated academic and personal expenses.

Q: Am I guaranteed a job by the university or its program associate?

A: No. It is the responsibility of each co-op student to locate and secure his/her own curricular practical training job. Other than the initial part time hours of employment that is offered in the first few weeks as a part of the Employment Assistance package, no guarantee of any employment has been promised to the student.

Q: How much can I earn in Curricular Practical Training as a co-op student?

A: Students in the co-op program are allowed to legally work full time (160 or more hours per month), and will be paid no less than the state minimum wage. Examples of potential incomes for students working full time are as follows:

(1) At $8.00 per hour, a student would earn approximately $1,280 per month.

(2) At $10.00 per hour, a student would earn approximately $1,600 per month.

(3) At $12.00 per hour, a student would earn approximately $1,920 per month.

 

Full-time status is 4 units or one class per session. Each class is 4 units at the rate of $415.00 x 4 units = $1660.00


Financial Aid: 

The "co-op" employment salary will be $8 to $12 per hour, depending on student's English ability, work experience, and job skills. Average income of coop students are $9,000 to $14,000 in the first year, which is more than any scholarships that are available to students from any other universities. 

Virtually 100% students enhance their job level over times, from the entry-level job ($7-$9) in the beginning switch to higher managerial jobs that pay higher salary ($11-$12 or more).

 $8 per hour 

$9 per hour 

$10 per hour 

$11 per hour 

$12 per hour 

work 40 hours per week,        4 weeks per month

work 40 hours per week,        4 weeks per month work 40 hours per week,        4 weeks per month work 40 hours per week,        4 weeks per month work 40 hours per week,        4 weeks per month

annual income

$15,360

annual income

$17,280

annual income

$19,200

annual income

$21,120

annual income

$23,040

 | Sullivan University | | Program Overview | | "Co-op" Internships |

 | Cost / Financial Aid | | Admissions | | Application | | FAQ

>>> Cost / Financial Aid