TUITION PAYMENT PLANS

Low tuition and high caliber instruction are the basis of the Ryokan College Mission Statement while educational expense at other institutions continues to climb to astronomical heights.

RYOKAN COLLEGE recognizes the reality for tuition increases yet offers students different plans to alleviate the cost of reasonable increases.

Ryokan Regular Installment Payment Plans

Ryokan offers a monthly installment plan that lasts over the scheduled program with no interest charge. About half of our students use this plan because there is no extra cost, and tuition is fully paid by graduation.

Ryokan Extended Payment Plans

This plan works much the same as the Ryokan regular installment plan except for two major differences: payments are extended beyond the graduation date and an interest fee is charged. In this plan, Ryokan College contracts with an outside firm to track student payments. The benefit to the student lies in lowering the monthly payments (30-50%) below levels of the regular installment plan. Non-payment affects the student's credit rating and incurs a collection agency's services. The contract is generated by Ryokan College.

Student Loans

The College does not have any agreement with any lending institution that warrants specific preference. Many students who take student loans apply for enough money to cover books ($1,000-2,000/year) and various expenses above tuition.

Sallie Mae "Career Training Loans" offered by SLM

A division of Sallie Mae, were designed specifically to finance your education at Ryokan - a non-Title 4 school.

You must be a U.S. citizen or a permanent resident and be credit worthy. They do have a $6,000.00 cap over tuition. 1-888-272-5543 http://www.slmfinancial.com

Additional Estimated Expenses:

Books will cost $1-2,000 per year. For graduate programs, if you have not had 52 hours of personal therapy in the previous 3 years, you will need to have that amount by the time you graduate.