Financial Information
Tuition and Fees
See Tuition and Fees.
Student Tuition Recovery Fund (STRF)
You must pay the state-imposed assessment for the Student TuitionRecovery Fund (STRF) if all of the following applies to you:
1. You are a student who is a California resident and prepays all or part of your tuition either by cash, guaranteed student loans, or personal loans.
2. Your total charges are not paid by any third-party payer such as an employer, government program or other payer unless you have a separate agreement to repay the third party.
You are not eligible for protection from the STRF and you are not required to pay the STRF assessment, if either of the following applies:
1. You are not a California resident.
2. Your total charges are paid by a third party, such as an employer, government program or other payer, and you have no separate agreement to repay the third party.
The State of California created the Student Tuition Recovery Fund (STRF) to relieve or mitigate economic losses suffered by California residents who were students attending certain schools regulated by the Bureau for Private Postsecondary and Vocational Education.
You may be eligible for STRF if you are a California resident, prepaid tuition, paid the STRF assessment, and suffered an economic loss as a result of any of the following:
1. The school closed before the course of instruction was completed.
2. The school’s failure to pay refunds or charges on behalf of a student to a third party for license fees or any other purpose, or to provide equipment or materials for which a charge was collected within 180 days before the closure of the school.
3. The school’s failure to pay or reimburse loan proceeds under a federally guaranteed student loan program as required by law or to pay or reimburse proceeds received by the school prior to closure in excess of tuition and other cost.
4. There was a decline in the quality of the course of instruction within 30 days before the school closed or, if the decline began earlier than 30 days prior to closure, the period of decline determined by the Bureau.
5. An inability to collect on a judgment against the institution for a violation of the Act.
Financial Obligations and Refunds
Students may formally withdraw from a class by completing a Course Drop Form, which is available in Online Applications. If a student withdraws from CALMAT (i.e., drops all courses by processing the withdraw form), s/he is eligible to receive a refund. No written request is required. The last attendance date will be used to calculate the refund in accordance with the following schedule, provided that the student returns all the checked out items such as library books and equipment prior to refund. The detailed refund schedule for graduate students is as follows:
Refund Information
The Bureau for Private Postsecondary Education requires that students have the right to cancel their Enrollment Agreement and obtain a refund until the seventh day after enrollment, or the end of the first class session, whichever is later. In order to best serve our students, CALMAT will provide a full refund to students who cancel their enrollment agreement within the first two weeks of the semester. You may cancel your enrollment agreement and receive a refund by providing a written notice to Director of Admission & Records, California University of Management and Technology, 111 N. Market Street, Suite 300, San Jose, CA 95113; or email admissions@calmat.us.
A student may withdraw from a course after instruction has started and receive a prorated refund for the unused portion of the tuition and other refundable charges if the student has completed 60% or less of the instruction. The refund schedule is as follows:
| Week in Semester | % Refund |
| 1 - 2 | 100 |
| 3 - 4 | 75 |
| 5 - 8 | 50 |
| 9 or later | 0 |
The University will also refund money collected for a third party on the student’s behalf such as license or application fees. If the school cancels or discontinues a course or educational program, the school will make a full refund of all charges. Refunds will be paid within 30 days of cancellation or withdrawal. An additional 2% deduction will be applied to refunds for tuition/fees paid by credit cards.
Student Health Insurance
All international students are required to purchase student health insurance. CALMAT recommends that every student purchase a health insurance policy, however it is the responsibility of the each student to provide for their own health care.
Financial Aid
CALMAT offers generous financial aid opportunities. See Financial Aid for details.
